KAP LIMITED — Director's Dealing 2026

Mar 2, 2026

KAP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1978/000181/06)
Share code: KAP
ISIN: ZAE000171963
Company Alpha Code: KAP
LEI code: 3789001F51BC0045FD42
('KAP' or 'the Company')

KAP
BEING THE CHANGE

DEALING IN SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Listings Requirements, details of the dealing in KAP shares are disclosed in the table below:

NAME OF DIRECTOR	W Kilian
COMPANY OF WHICH A DIRECTOR	PG Bison (Pty) Ltd (a major subsidiary of the Company)
STATUS: EXECUTIVE/NON-EXECUTIVE	Executive
TYPE AND CLASS OF SECURITIES	Ordinary shares
NATURE OF TRANSACTION	Sale of shares (on market)
DATE OF TRANSACTION	27 February 2026
NUMBER OF SECURITIES TRANSACTED	115,000
PRICE PER SECURITY (CENTS)	High: 237
Low: 234
Average: 235
TOTAL RAND VALUE OF SECURITIES TRANSACTED	R270,256.58
NATURE AND EXTENT OF INTEREST IN THE TRANSACTION	Direct, beneficial

Clearance for the above was obtained in terms of the JSE Listings Requirements.

Stellenbosch
2 March 2026

Equity and Debt Sponsor
PSG Capital

PSG CAPITAL