HOSKEN CONSOLIDATED INVESTMENTS LIMITED - Grant and Acceptance of Options to Directors

Grant and Acceptance of Options to Directors

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)
("HCI")


GRANT AND ACCEPTANCE OF OPTIONS TO DIRECTORS

In compliance with paragraphs 3.63 - 3.74 of the JSE Limited Listings
Requirements the following information regarding the granting and acceptance
of options in terms of the HCI Employee Share Scheme is disclosed:


Director                    :    Mr J A Copelyn
Designation                 :    Chief Executive Officer
Nature of transaction       :    Grant and acceptance of option, Off market
Nature of Interest          :    Direct Beneficial
Class of Shares             :    Ordinary shares
Date of grant of option     :    19 December 2025
Date of acceptance          :    19 January 2026
Number of options           :    155 209
Option strike price         :    R122.53 (10% discount to the 20 day
                                 VWAP at date of grant)
Value of transaction        :    R19 017 759
Vesting date of options     :    19 December 2028
Expiry date of options      :    19 December 2029


Director                    :    Mr A F Pereira
Designation                 :    Financial Director
Nature of transaction       :    Grant and acceptance of option, Off market
Nature of Interest          :    Direct Beneficial
Class of Shares             :    Ordinary shares
Date of grant of option     :    19 December 2025
Date of acceptance          :    19 January 2026
Number of options           :    69 213
Option strike price         :    R122.53 (10% discount to the 20 day
                                 VWAP at date of grant)
Value of transaction        :    R8 480 669
Vesting date of options     :    19 December 2028
Expiry date of options      :    19 December 2029


Director                    :    Mr T G Govender
Designation                 :    Executive Director
Nature of transaction       :    Grant and acceptance of option, Off market
Nature of Interest          :    Direct Beneficial
Class of Shares             :    Ordinary shares
Date of grant of option     :    19 December 2025
Date of acceptance          :    19 January 2026
Number of options           :    108 137
Option strike price         :    R122.53 (10% discount to the 20 day
                                 VWAP at date of grant)
Value of transaction        :    R13 250 027
Vesting date of options     :    19 December 2028
Expiry date of options      :    19 December 2029


Director                    :    Mr Y Shaik
Designation                 :    Executive Director
Nature of transaction       :    Grant and acceptance of option, Off market
Nature of Interest          :    Direct Beneficial
Class of Shares             :    Ordinary shares
Date of grant of option     :    19 December 2025
Date of acceptance          :    19 January 2026
Number of options           :    107 634
Option strike price         :    R122.53 (10% discount to the 20 day
                                 VWAP at date of grant)
Value of transaction        :    R13 188 394
Vesting date of options     :    19 December 2028
Expiry date of options      :    19 December 2029


Clearance                   :    Clearance in terms of paragraph 3.66 of the
                                 JSE Listings Requirements was obtained.


Cape Town
20 January 2026
Sponsor: Investec Bank Limited

Date: 20-01-2026 04:17:00
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