Acquisition Of Ordinary Shares By A Director In Terms Of The Afrimat Forfeitable Share Plan AFRIMAT LIMITED Incorporated in the Republic of South Africa (Registration number: 2006/022534/06) Share code: AFT ISIN: ZAE000086302 (“Afrimat” or “the Company”) ACQUISITION OF ORDINARY SHARES BY A DIRECTOR IN TERMS OF THE AFRIMAT FORFEITABLE SHARE PLAN In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: NAME OF DIRECTOR Andries J van Heerden COMPANY OF WHICH A DIRECTOR Afrimat Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Acquisition of ordinary shares through the vesting of awards in terms of the Afrimat Forfeitable Share Plan (off-market transaction) DATE OF AWARD 25 February 2019 DATE OF VESTING 25 February 2022 DATE OF TRANSACTION 25 February 2022 DEEMED PRICE PER SHARE R66.37 (closing price on 25 February 2022) NUMBER OF SECURITIES ACQUIRED 57 860 AFTER SETTLEMENT OF TAX DEEMED TOTAL RAND VALUE OF R3 840 168.20 SECURITIES TRANSACTED NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Cape Town 28 February 2022 Sponsor PSG Capital Date: 28-02-2022 02:00:00 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.