PREMIER GROUP LIMITED - Award and Acceptance of Share Appreciation Rights by Executive Directors and Directors of a Major Subsidiary

Award and Acceptance of Share Appreciation Rights by Executive Directors and Directors of a Major Subsidiary

PREMIER GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/016008/06)
ISIN: ZAE000320321
Share Code: PMR
("Premier" or "Company")

AWARD AND ACCEPTANCE OF SHARE APPRECIATION RIGHTS BY EXECUTIVE DIRECTORS AND DIRECTORS OF A MAJOR SUBSIDIARY

In compliance with paragraphs 6.77 to 6.85 of the JSE Listings Requirements, shareholders are advised of the following
information relating to the award and off-market acceptance of share appreciation rights (SARs) under the 2024 Premier Share
Appreciation Rights Scheme (Scheme).

The SARs were awarded at a strike price of R173.82 per share, being the 7-day volume weighted average price (VWAP) of
the Company's ordinary shares traded on the JSE up to and including 15 June 2026 (Award Price).

The SARs will vest in two equal tranches in July 2030 and July 2031, subject to employment conditions and the achievement
of growth in headline earnings per share in excess of compound annual growth in CPI over the vesting period. Once vested,
SARs may be exercised in tranches of 50% or 100% at any time up to the eighth anniversary of the relevant vesting date.

Upon exercise, the total value of each award will be determined, for the number of SARs exercised, by calculating the difference
between the Exercise Price and the Award Price in accordance with the rules of the Scheme. The Award Price will be adjusted
downwards by the cumulative amount of dividends per share declared and paid to ordinary shareholders between the award
date and the exercise date, grossed up by the applicable corporate tax rate. This difference in value will determine the number
of ordinary shares that will be issued to the participant when the SARs are exercised.


 Director                                :   Johannes Jacobus Gertenbach
 Designation                             :   Chief Executive Officer
 Company                                 :   Premier Group Limited
 Nature of transaction                   :   Off-market award and acceptance of SARs
 Nature of interest                      :   Direct beneficial
 Class of shares                         :   SARs in respect of Premier ordinary shares
 Date of award of SARs                   :   17 June 2026
 Date of acceptance of SARs              :   17 June 2026
 Clearance to deal                       :   Yes
 Number of SARs                          :   1 369 863
 SARs strike price                       :   R173.82
 Value of transaction                    :   Nil value on acceptance



 Director                                :   Fritz Grobbelaar
 Designation                             :   Chief Financial Officer
 Company                                 :   Premier Group Limited
 Nature of transaction                   :   Off-market award and acceptance of SARs
 Nature of interest                      :   Direct beneficial
 Class of shares                         :   SARs in respect of Premier ordinary shares
 Date of award of SARs                   :   17 June 2026
 Date of acceptance of SARs              :   17 June 2026
 Clearance to deal                       :   Yes
 Number of SARs                          :   890 411
 SARs strike price                       :   R173.82
 Value of transaction                    :   Nil value on acceptance



 Director                                :   Julian Ndoyisile Singonzo
 Designation                             :   Director
 Company                                 :   Premier FMCG Proprietary Limited, a major subsidiary of Premier
 Nature of transaction                   :   Off-market award and acceptance of SARs
 Nature of interest                      :   Direct beneficial
 Class of shares                         :   SARs in respect of Premier ordinary shares
 Date of award of SARs                   :   17 June 2026
 Date of acceptance of SARs              :   17 June 2026
 Clearance to deal                       :   Yes
 Number of SARs                          :   342 466
 SARs strike price                       :   R173.82
 Value of transaction                    :   Nil value on acceptance



 Director                                :   Anastasia Sodalay
 Designation                             :   Director
 Company                                 :   Premier FMCG Proprietary Limited, a major subsidiary of Premier
 Nature of transaction                   :   Off-market award and acceptance of SARs
 Nature of interest                      :   Direct beneficial
 Class of shares                         :   SARs in respect of Premier ordinary shares
 Date of award of SARs                   :   17 June 2026
 Date of acceptance of SARs              :   17 June 2026
 Clearance to deal                       :   Yes
 Number of SARs                          :   342 466
 SARs strike price                       :   R173.82
 Value of transaction                    :   Nil value on acceptance



Johannesburg
17 June 2026

Sponsor
Investec Bank Limited

Date: 17-06-2026 12:00:00
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