Dealings in securities METAIR INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1948/031013/06 JSE and A2X share code: MTA ISIN: ZAE000090692 ("Metair" or the "Company") DEALINGS IN SECURITIES In accordance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements ("Listings Requirements"), the following transactions by directors of Metair and its major subsidiaries and Metair's company secretary ("Participants") are hereby disclosed. 1. ALLOCATION AND ACCEPTANCE OF PERFORMANCE SHARES IN TERMS OF THE METAIR INVESTMENTS LIMITED 2009 SHARE PLAN The terms and conditions of the performance shares ("Performance Shares") are: Date of award 3 April 2024 Number of Performance Shares awarded to Participants 1 161 561 Price paid per Performance Share Nil Total value of transaction Nil Allocation price per Performance Share R12.55, being the closing price on 2 April 2024 Class of securities Ordinary shares Nature of transaction Acceptance of Performance Shares Date of acceptance 3 April 2024 Vesting date 3 April 2027 Vesting period Performance Shares vest on the third anniversary of the award date to the extent that the Company's performance criteria during the intervening period has been met Transaction completed Off-market Clearance obtained in terms of paragraph 3.66 of the Listings Yes Requirements The details of the allocation of the Performance Shares per Participant are set out below. The nature and extent of the interest of all Participants is direct beneficial. Deemed value of Number of Performance Performance Shares Director Company name Shares accepted (Rand) Mr B. Eser Mutlu Holding Anonim Sirketi 54 545 684 539.75 Ms B. Erol Mutlu Holding Anonim Sirketi 50 938 639 271.90 Mr P.S. O'Flaherty Metair 608 657 7 638 645.35 Mr A. Jogia Metair 197 555 2 479 315.25 Mr W. Ropertz Metair 179 283 2 250 001.65 Ms S.M. Vermaak Metair 70 583 885 816.65 2. VESTING AND EXERCISE OF PERFORMANCE SHARES On 1 April 2021, Performance Shares were conditionally granted to certain Participants, in accordance with the Metair Investments Limited 2009 Share Plan. These Performance Shares have vested and have been exercised by the Participants pursuant to which the Participants received Metair ordinary shares ("Shares") at no cost, as per the table below. The nature and extent of the interest of the Participants is direct beneficial. DETAILS OF VESTING AND EXERCISE OF PERFORMANCE SHARES Total number of Shares exercised/settled 14 450 Deemed value of Performance Shares on exercise R193 341.00 at a price of R13.38, being the closing price on 28 March 2024 Class of Securities Ordinary shares Nature of transaction Settlement of Performance Shares Date of Award 1 April 2021 Date of exercise/settlement of Performance Shares 3 April 2024 Vesting period Performance Shares vest on the third anniversary of the award date to the extent that the Company's performance criteria during the intervening period has been met Transaction completed Off-market Clearance obtained in terms of paragraph 3.66 of the Listings Yes Requirements Details of the exercise of the Performance Shares and the related receipt of Shares per Participant are tabled below: Director Company Name Number of Performance Deemed value of Shares exercised Performance Shares (Rand) Mr B. Eser Mutlu Holding Anonim Sirketi 1 611 21 555.18 Ms B. Erol Mutlu Holding Anonim Sirketi 983 13 152.54 Mr W. Ropertz Metair 5 634 75 382.92 Mr A. Jogia Metair 2 823 37 771.74 Ms S.M. Vermaak Metair 3 399 45 478.62 Johannesburg 4 April 2024 Sponsor One Capital Date: 04-04-2024 03:47:00 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.