Dealing in Securities by Executive Directors, Company Secretary and Directors of Major Subsidiary ALTRON LIMITED (Registration number 1947/024583/06) (Incorporated in the Republic of South Africa) Share Code: AEL ISIN: ZAE000191342 ("Altron" or "the Company") DEALING IN SECURITIES BY EXECUTIVE DIRECTORS, COMPANY SECRETARY AND DIRECTORS OF MAJOR SUBSIDIARY In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements ("JSE Listings Requirements"), notice is hereby given of the following dealings by an executive director, company secretary and director of a major subsidiary of Altron, after receiving clearance to do so in terms of paragraph 3.66 of the JSE Listings Requirements. The dealings relate to the acceptance of restricted matching shares post the closed period, granted in terms of the Company's MSR Policy. Name : Mr Carel Coenraad Snyman Title : Executive Director Company : Altron Limited Class of securities : Altron A Ordinary shares Total number of shares : 140 000 Award price per share : R 11.74 Value of the transaction : R1,643,600 Nature of transaction : Off-market acceptance of award of matching shares in terms of the MSR Policy Nature of interest : Direct beneficial Date of share award : 31 May 2024 Name : Ms Mbali Ngcobo Title : Company Secretary Company : Altron Limited Class of securities : Altron A Ordinary shares Total number of shares : 12 101 Award price per share : R13.40 Value of the transaction : R162,147 Nature of transaction : Off-market acceptance of award of matching shares in terms of the MSR Policy Nature of interest : Direct beneficial Date of share award : 4 June 2024 Name : Mr Murugan Collin Subramony Govender Title : Director Company : Altron TMT Proprietary Limited Class of securities : Altron A Ordinary shares Total number of shares : 23 652 Award price per share : R13.50 Value of the transaction : R319,222 Nature of transaction : Off-market acceptance of award of matching shares in terms of the MSR Policy Nature of interest : Direct beneficial Date of share award : 4 June 2024 The restricted matching shares will be held by the abovementioned directors in a direct beneficial capacity for a period of three years. The restricted matching shares are subject to: a) an agreement between the director and Altron that the shares cannot be traded or pledged further during the three-year period; and b) Clawback, should the senior executives terminate their employment before the completion of the three-year period. Shareholders are further advised, in compliance with paragraph 3.63 to 3.66 of the JSE Listings Requirements of the acceptance of the Altron Performance Shares allocation ("Performance Shares"), at NIL cost, by the executive directors, company secretary and directors of the major subsidiaries of Altron in terms of the Altron 2009 Share Plan. The allocation of the Performance Shares will vest in three years, June 2027, and are subject to performance conditions. Name : Mr. Werner Gerhard Kapp Title : Executive Director - Chief Executive Officer Company : Altron Limited Number of Performance Shares allocated : 466 926 Altron A Ordinary Shares Deemed value* : R6 000 000 Nature of Interest : Direct, Beneficial Clearance received : Yes Name : Mr. Carel Coenraad Snyman Title : Executive Director - Chief Financial Officer Company : Altron Limited Number of Performance Shares allocated : 233 463 Altron A Ordinary Shares Deemed value* : R3 000 000 Nature of Interest : Direct, Beneficial Clearance received : Yes Name : Ms. Mbali Blossom Ngcobo Title : Group Company Secretary Company : Altron Limited Number of Performance Shares allocated : 37 354 Altron A Ordinary Shares Deemed value* : R480 000 Nature of Interest : Direct, Beneficial Clearance received : Yes Name : Mr. Murugan Collin Govender Title : Director Company : Altron TMT Proprietary Limited Number of Performance Shares allocated : 165 667 Altron A Ordinary Shares Deemed value* : R2 128 820 Nature of Interest : Direct, Beneficial Clearance received : Yes Name : Mr. Grant Fraser Title : Director Company : Netstar Proprietary Limited Number of Performance Shares allocated : 217 899 Altron A Ordinary Shares Deemed value* : R2 800 000 Nature of Interest : Direct, Beneficial Clearance received : Yes Name : Mr. Eugene Roets Title : Director Company : Netstar Proprietary Limited Number of Performance Shares allocated : 73 404 Altron A Ordinary Shares Deemed value* : R943 236 Nature of Interest : Direct, Beneficial Clearance received : Yes Allocation date of the above transactions – 03 June 2024 Acceptance date of above transactions – 05 June 2024 *Deemed value is based on the market price, as at close of business, 31 May 2024, of R12.85. The final award value is based on the share price at the time of vesting and subject to performance conditions being met. Johannesburg 5 June 2024 Sponsor Investec Bank Limited Date: 05-06-2024 03:30:00 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.