Acceptance of shares by directors THE SPAR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) ISIN: ZAE000058517 JSE Code: SPP (“SPAR”) ACCEPTANCE OF SHARES BY DIRECTORS In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, SPAR hereby advises its shareholders of the following acceptance of awards of shares by directors of SPAR in terms of The SPAR Conditional Share Plan (“CSP”): Nature of transaction: Acceptance of an award of shares in terms of the CSP Date of acceptance: 16 February 2021 Nature and extent of interest: Direct beneficial On-market or off-market: Off-market Clearance obtained: Yes Name of director: Brett Botten Number of shares: 30 500 (10 500 performance shares and 20 000 restricted shares) Class of securities: Performance shares and restricted shares, linked to SPAR ordinary shares, in terms of the CSP vesting criteria Vesting period: Three years for annual award of performance shares and in equal parts after years three, four and five for restricted shares Deemed value per award: R211.59 Total deemed value: R6 453 495.00 Name of director: Mark Godfrey Number of shares: 30 000 performance shares Class of securities: Performance shares linked to SPAR ordinary shares, in terms of the CSP vesting criteria Vesting period: Three years for annual award of performance shares Deemed value per award: R211.59 Total deemed value: R6 347 700.00 Pinetown 22 February 2021 Sponsor One Capital Date: 22-02-2021 03:00:00 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.