Dealing in Securities by an Associate of a Director Altron Limited (Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share Code: AEL ISIN: ZAE000191342 ISIN: ZAE000191342 DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 – 3.74 of the Listings Requirements of the JSE Limited, shareholders are advised of the following transactions by an associate of a director of the Company: Director : Mr AC Ball Title : Non-Executive Director Director : Mr T Ngara Title : Non-Executive Director Company : Altron Limited Name of Associate : Value Capital Partners (Pty) Ltd* Relationship : The Directors have an indirect beneficial interest in Value Capital Partners* Date of transaction : 21 November 2023 Class of securities : Altron A ordinary shares Number of securities : 226 933 Lowest Price per security : R 9.75 Highest Price per security : R 10.00 VWAP : R 9.8867 Value of transaction : R 2 243 619 Nature of transaction : On-market purchase of securities Nature of interest : Indirect, Beneficial Clearance to deal obtained : Yes Date of transaction : 22 November 2023 Class of securities : Altron A ordinary shares Number of securities : 52 254 Lowest Price per security : R 9.98 Highest Price per security : R 10.00 VWAP : R 9.9919 Value of transaction : R 522 118 Nature of transaction : On-market purchase of securities Nature of interest : Indirect, Beneficial Clearance to deal obtained : Yes * Mr AC Ball and Mr T Ngara have an indirect beneficial interest in Value Capital Partners ("VCP"), which is the registered investment manager to Value Capital Partners H4 QI Hedge Fund and various other funds Johannesburg 24 November 2023 Sponsor Investec Bank Limited Date: 24-11-2023 12:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.