Exercise of Options by Directors in Terms of The Grand Parade Share Incentive Trust GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) EXERCISE OF OPTIONS BY DIRECTORS IN TERMS OF THE GRAND PARADE SHARE INCENTIVE TRUST In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of options is disclosed: 1. NAME OF DIRECTOR Mohsin Tajbhai COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares NATURE OF TRANSACTION Acquisition of shares in GPI through the exercise of options awarded in terms of a share incentive scheme (Off-market transaction) (1-2) DATE OF EXERCISE OF OPTIONS 25 November 2021 (1-2) OPTION STRIKE PRICE 226 cents (1) 280 cents (2) NUMBER OF OPTIONS EXERCISED 376 106 (1) 227 679 (2) TOTAL RAND VALUE OF OPTIONS R849 999.56 (1) EXERCISED R637 501.20 (2) STRIKE DATE OF OPTIONS 1 November 2021 (1) 9 September 2021 (2) PERIOD OF EXERCISE Participants have a 180 day period from the strike date during which options can be exercised (1-2) NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial (1-2) TRANSACTION 2. NAME OF DIRECTOR Jayson October COMPANY OF WHICH A DIRECTOR Grand Parade Investments Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares NATURE OF TRANSACTION Acquisition of shares in GPI through the exercise of options awarded in terms of a share incentive scheme (Off-market transaction) DATE OF EXERCISE OF OPTIONS 25 November 2021 OPTION STRIKE PRICE 280 cents NUMBER OF OPTIONS EXERCISED 161 664 TOTAL RAND VALUE OF OPTIONS R452 659.20 EXERCISED STRIKE DATE OF OPTIONS 9 September 2021 PERIOD OF EXERCISE Participants have a 180 day period from the strike date during which options can be exercised NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial TRANSACTION Clearance to deal in the securities by the director was obtained in accordance with paragraph 3.66 of the JSE Limited Listings Requirements. Cape Town 26 November 2021 Sponsor PSG Capital Date: 26-11-2021 12:50:00 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.