Dealing in Securities by a Director Pursuant to Long Term Share Incentive Schemes

SPUR CORPORATION LIMITED
(Incorporated in the Republic of South Africa
Registration number 1998/000828/06
Share code: SUR
ISIN: ZAE000022653
("Spur" or "the company")

DEALING IN SECURITIES PURSUANT TO LONG-TERM SHARE INCENTIVE SCHEMES

Share Appreciation Rights ("SARs") exercised in accordance with the 2020 SAR Scheme

In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, details of the following trades relating to equity-settled SARs previously awarded to a
director on 7 October 2021 ("Award Date") and vested on 7 October 2024 ("Vesting Date) (as
announced on SENS on 8 October 2024), and exercised on 9 December 2024 ("Exercise Date")
should be noted:

Name:                                               Val Nichas
Designation:                                        Executive Director (CEO)
Nature of transaction                               Exercise of SARs and retention of resulting
                                                    Spur Shares
Number of SARs exercised                            521 229 of 521 229
Number of shares acquired and retained              242 204
Purchase price per share                            R35.75
Value of purchase transaction                       R8 659 834
Exercise/trade date:                                9 December 2024/11 December 2024
On/off market:                                      On market
Prior permission to deal:                           Obtained
Nature of interest:                                 Direct beneficial


In terms of the 2020 SAR Scheme Rules, these shares are subject to a two-year holding period
commencing on the Exercise Date. During the holding period, the executive director is entitled to
dividends and the voting rights attached to the shares, but may not dispose of the shares.

In terms of the Malus and Clawback Policy, clawback provisions will apply to the resulting shares for
a period of three years following the Exercise Date.


Cape Town
13 December 2024

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 13-12-2024 02:28:00
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