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Fri 18 Oct 2024, 14:35 AVI LIMITED - Dealings in Securities
Dealings in Securities

AVI Limited
(Incorporated in the Republic of South Africa)
Registration Number 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
("AVI" or "the Company")

ACCEPTANCE OF SHARE OPTIONS BY AVI DIRECTORS AND DIRECTORS OF
MAJOR SUBSIDIARIES

In compliance with sections 3.63 – 3.74 of the Listings
Requirements of the JSE Limited, the following information is
disclosed:

Director                     :   Simon Crutchley
Company                      :   AVI
Date of transaction          :   18 October 2024
Nature of transaction        :   Acceptance of options in the AVI
                                 Out Performance Scheme
Class of securities          :   Options in respect of ordinary
                                 shares
Number of options granted    :   100 100
Option allocation price      :   R104.87
Total value of transaction   :   R10,497,487.00
Vesting period               :   3 years
Nature and extent of
Director's interest          :   Direct beneficial
On-market or off-market      :   Off-market
Clearance obtained           :   Yes

Director                     :   Justin O'Meara
Company                      :   AVI
Date of transaction          :   18 October 2024
Nature of transaction        :   Acceptance of options in the AVI
                                 Out Performance Scheme
Class of securities          :   Options in respect of ordinary
                                 shares
Number of options granted    :   33 130
Option allocation price      :   R104.87
Total value of transaction   :   R3,474,343.10
Vesting period               :   3 years
Nature and extent of
Director's interest          :   Direct beneficial
On-market or off-market      :   Off-market
Clearance obtained           :   Yes

Director                     :   Michael Koursaris
Company                      :   AVI
Date of transaction          :   18 October 2024
Nature of transaction        :   Acceptance of options in the AVI
                                 Out Performance Scheme
Class of securities          :   Options in respect of ordinary
                                 shares
Number of options granted    :   41 731
Option allocation price      :   R104.87
Total value of transaction   :   R4,376,329.97
Vesting period               :   3 years
Nature and extent of
Director's interest          :   Direct beneficial
On-market or off-market      :   Off-market
Clearance obtained           :   Yes

Director                     :   Roger Coppin
Company                      :   Irvin & Johnson Holding Company
                                 (Pty)Ltd
Date of transaction          :   18 October 2024
Nature of transaction        :   Acceptance of options in the AVI
                                 Out Performance Scheme
Class of securities          :   Options in respect of ordinary
                                 shares
Number of options granted    :   28 059
Option allocation price      :   R104.87
Total value of transaction   :   R2,942,547.33
Vesting period               :   3 years
Nature and extent of
Director's interest          :   Direct beneficial
On-market or off-market      :   Off-market
Clearance obtained           :   Yes

Director                     :   Roelf van der Laan
Company                      :   National Brands Limited
Date of transaction          :   18 October 2024
Nature of transaction        :   Acceptance of options in the AVI
                                 Out Performance Scheme
Class of securities          :   Options in respect of ordinary
                                 shares
Number of options granted    :   17 976
Option allocation price      :   R104.87
Total value of transaction   :   R1,885,143.12
Vesting period               :   3 years
Nature and extent of
Director's interest          :   Direct beneficial
On-market or off-market      :   Off-market
Clearance obtained           :   Yes

Illovo
18 October 2024
Sponsor
The Standard Bank of South Africa Limited

Date: 18-10-2024 02:35:00
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