Dealings in securities REUNERT LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1913/004355/06) ISIN: ZAE000057428 Share code: RLO (“Reunert” or the “Company” of the “Reunert group”) DEALINGS IN SECURITIES In accordance with the requirements of paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, the following transactions by directors of Reunert, the company secretary and directors of major subsidiaries of the Company (collectively “Participants”) are hereby disclosed. Vesting of units in terms of Reunert’s Conditional Share Plan 2012 (“CSP”) and sale of ordinary shares Ordinary shares in the Company vested in the Participants on 19 November 2019, in respect of CSP units that were allocated to Participants in 2014 and 2015, as part of the retention plan, or in 2015, as part of the performance plan. As indicated in the table below, some or all of these shares were subsequently sold in accordance with the normal administrative processes of the CSP, wholly or partially in settlement of tax obligations, on 22 November 2019, on-market, at a price equal to the 20- day volume weighted average share price of R70,8449 per share: Participant Number of vested Value of vested Number of Value of shares shares ordinary shares transaction sold Executive directors of the Company AE Dickson 99 583 R7 054 948 99 583 R7 054 948 M Moodley 37 820 R2 679 354 19 349 R1 370 778 NA Thomson 62 385 R4 419 659 29 009 R2 055 140 Directors of Quince Capital P Capa 953 R67 515 443 R31 384 S Gambu 7 859 R556 770 3 654 R258 867 Z Mahomed 11 675 R827 114 11 675 R827 114 Company Secretary K Louw 3 802 R269 352 3 802 R269 352 The nature of the interest of the above Participants is direct beneficial and they received the prescribed clearance to trade. Sale of unrestricted ordinary shares pursuant to Reunert’s 2016 Deferred Bonus Plan (“DBP”) Ordinary shares, held by Participants as restricted shares in terms of the DBP, became unrestricted on 19 November 2019. As indicated in the table below, some or all of these shares were subsequently sold in accordance with the normal administrative processes of the DBP, wholly or partially in settlement of tax obligations, on 22 November 2019, on-market, at a price equal to the 20- day volume weighted average share price of R70,8449 per share: Participant Number of unrestricted Number of ordinary Value of transaction shares shares sold Executive directors of the Company AE Dickson 83 275 83 275 R5 899 609 M Moodley 27 932 12 988 R920 134 NA Thomson 56 178 26 122 R1 850 610 Director of Quince Capital Z Mahomed 3 433 3 433 R243 211 Company Secretary K Louw 6 338 6 338 R449 015 The nature of the interest of the above Participants is direct beneficial and they received the prescribed clearance to trade. Sandton 22 November 2019 Sponsor One Capital Date: 22/11/2019 05:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.