AVI LIMITED — Director's Dealing 2026

Mar 27, 2026

AVI Limited
Registration Number: 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
("AVI" or "the Company")

DEALING IN AVI SHARES BY AN AVI DIRECTOR

In compliance with Rules 6.77 - 6.80 of the Listings Requirements of the JSE Limited ("the JSE"), the following information is disclosed:

Name of director	: Simon Crutchley
Date of transaction	: 25 March 2026
Name of company	: AVI Limited
Number of shares granted	: 14 023
Option allocation price	: R73.85
Total value of transaction	: R1 035 598.55
Class of securities	: Ordinary shares
Nature of transaction	: Acceptance of shares awarded in terms of the AVI Revised Executive Share Incentive Scheme
Extent of interest	: Direct beneficial

The above transaction was done off-market.

Name of director	: Simon Crutchley
Date of transaction	: 25 March 2026
Name of company	: AVI Limited
Number of shares	: 14 023
Price per share	: R105.00
Total value of transaction	: R1 472 415.00
Class of securities	: Ordinary shares
Nature of transaction	: Sale of shares accepted as above
Extent of interest	: Direct beneficial

The above transaction was done on-market.

The sales related to options that were due to lapse and in terms of the rules of the share scheme the participant was forced to exercise. Clearance to deal in these shares was obtained in accordance with AVI's policy with regard to director's dealings as well as the Listings Requirements of the JSE.

Illovo
Sandton
27 March 2026

Sponsor
The Standard Bank of South Africa Limited