COMBINED MOTOR HOLDINGS LIMITED - Dealings in Securities

Dealings in Securities

Combined Motor Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1965/000270/06)
Share code: CMH ISIN: ZAE000088050
(“the Company”)

DEALING IN SECURITIES
In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements,
the following share appreciation rights (“SARs”) have vested and been exercised in terms of the
Company´s Share Appreciation Rights Scheme 2010:

Executive director:                                    BWJ Barritt
Date of grant:                                         1 June 2020
Vesting date:                                          1 June 2023
Exercise date:                                         19 June 2023
Number of SARs exercised:                              83 333
Grant price per SAR:                                   R9.72
Strike price per SAR:                                  R28.50
Market price on exercise date:                         R27.96
Date of settlement of shares                           26 June 2023
Value earned:                                          R1 564 993.74
Value taken in shares:                                 R838 848.00
Number of shares taken:                                30 000
Type of shares:                                        Ordinary, no par value
Extent of interest:                                    Direct beneficial
Clearance obtained:                                    Yes
Value taken in cash:                                   R726 145.74


The awards were settled on 26 June 2023 by the issue of shares purchased in the open market.

Durban
27 June 2023

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 27-06-2023 08:40:00
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