Dealings in securities by directors, a prescribed officer and the group company secretary

AECI LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1924/002590/06
Share code: AFE ISIN: ZAE000000220
Hybrid code: AFEP ISIN: ZAE000000238
Bond company code: AECI
LEI: 3789008641F1D3D90E85
("AECI" or the "Company")

DEALINGS IN SECURITIES BY DIRECTORS, A PRESCRIBED OFFICER AND THE GROUP COMPANY SECRETARY

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements ("Listings Requirements"), the
following information is disclosed:

Acceptance of awards of performance shares: Value Unlock Incentive Scheme ("VUIS")
In terms of the standard rules of the Company's VUIS, participants have been allocated new awards of
performance shares in line with an annual award process. These will convert into AECI ordinary shares and will vest
one year after the grant date of 14 April 2025, and be exercisable one year after the vesting date, subject to the
performance conditions attached to each allocation being met. The awards of performance shares were accepted by
the relevant participants on Monday, 30 June 2025 and the performance shares were issued at the grant price of
R92.9000 on the same date, as follows:

                                                                       Number of
Name                 Position and company                            performance                       Value
                                                                          shares

H Riemensperger      Chief Executive Officer, AECI                        30 440               R2 827 876.00

I Kramer             Chief Financial Officer, AECI                        16 011               R1 487 421.90

DK Murray            Prescribed Officer, AECI (Executive Vice
                     President, AECI Chemicals)                           10 887               R1 011 402.30

C Singh              Group Company Secretary, AECI                         8 269                 R768 190.10


The abovementioned transactions, for which the prescribed clearance was granted in terms of paragraph 3.66 of the
Listings Requirements, were effected off-market. All participants have a direct beneficial interest in the Company.


Woodmead, Sandton
30 June 2025

Equity Sponsor: One Capital

Debt Sponsor: Questco Proprietary Limited

Date: 30-06-2025 02:45:00
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