THE SPAR GROUP LIMITED - Dealings in securities

Dealings in securities

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE and A2X share code: SPP
ISIN: ZAE000058517
("SPAR" or the "Group")

DEALINGS IN SECURITIES

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements
("Listings Requirements"), SPAR hereby advises its shareholders that Angelo Swartz, the
Group Chief Executive Officer and an executive director of SPAR, has elected to convert his unvested
rights to a performance-related cash bonus pursuant to the Group's short-term incentive plan, into the
equivalent value of SPAR ordinary shares ("Shares"), which Shares are committed in terms of the
SPAR Group Limited Executive Minimum Shareholding Requirements Policy ("MSR Policy"):

 Nature of transaction:                               Acquisition of Shares on behalf of Mr Swartz
                                                      and subsequent commitment of the acquired
                                                      Shares in terms of the MSR Policy
 Date of transaction:                                 15 December 2025
 Number of Shares acquired and subsequently
 committed in terms of the MSR Policy:                39 700
 Price per Share:                                     R93.80
 Total value of Shares:                               R3 723 860.00
 Nature and extent of interest:                       Direct beneficial
 Transaction completed:                               On-market
 Clearance given in terms of paragraph 3.66 of the    Yes
 Listings Requirements:


Umhlanga
17 December 2025

Sponsor
One Capital

Date: 17-12-2025 08:45:00
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