SUPER GROUP LIMITED - Dealing in securities by Exective Directors

Dealing in securities by Exective Directors

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000161832
(“Super Group”)

DEALING IN SECURITIES BY EXECUTIVE DIRECTORS

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings
Requirements”), shareholders are advised that the executive directors have in terms of the Share
Appreciation Right Scheme 2005 (“the Scheme”), been granted share appreciation rights (“SARS”) to receive
shares which grants have been accepted.

Shareholder approval of the Scheme was obtained at the 2005 Annual General Meeting.All SARS have
conditions attached and are subject to the rules of the Scheme. The Remuneration Committee approved the
grants and the required clearance in terms of the Listings Requirements was obtained.

The Scheme supports the principle of aligning management and shareholder interests.         Performance
conditions governing the vesting of these SARS are intended to be stretching but achievable.        The
performance conditions are related to headline earnings per share increasing by 2% per annum above the
Consumer Price Inflation Index over the three-year performance period ending June 2022. The grants are
conditional upon the participant remaining employed during the performance period.

The SARS granted to and accepted by the following directors vest upon confirmation that the performance
conditions have been fulfilled.

Name of director                                 Number   of SARS           Nature of interest
P Mountford                                           2   700 000           Direct, beneficial
C Brown                                               1   000 000           Direct, beneficial
Total                                                 3   700 000

Date of acceptance                30 August 2019
Nature of transaction             Off-market grant and acceptance of SARS
Class of securities               Ordinary shares
Strike Price                      R27.5800
Vesting date                     Following approval by the Remuneration Committee based on the audited
                                 results for the year ending 30 June 2022

Sandton
3 September 2019

Sponsor: Investec Bank Limited

Date: 03/09/2019 04:12:00
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