A E C I LIMITED - Dealings in securities by a prescribed officer

Dealings in securities by a prescribed officer

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 A PRESCRIBED OFFICER


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

Acceptance of award of performance shares: Long-term Incentive Plan (LTIP)
In terms of the standard rules of the Company's LTIP, the participant has been allocated an award of performance
shares in line with an annual award process. These will convert into AECI ordinary shares and will vest as per the
dates in the table below after the grant date of 1 September 2025, subject to the performance conditions attached to
each allocation being met. The award of performance shares was accepted by S Miller (Prescribed Officer: AECI
Executive Vice President, AECI Mining) on 1 September 2025 and the performance shares were issued at the grant
prices as follows:
 
                                                                  Number of
      Grant Share Price                  Vest Date              performance                         Value
                                                                     shares

              R107,1500                  26 Mar-26                   42 884                 R4 595 020.60

               R92,9000                  25 Mar-26                   15 702                 R1 458 715.80

               R92,9000                  25 Mar-27                    1 989                   R184 778.10

               R92,9000                  28 Mar-28                   94 214                 R8 752 480.60

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


Woodmead, Sandton
2 September 2025

Equity Sponsor: One Capital

Debt Sponsor: Questco Proprietary Limited

Date: 02-09-2025 01:00:00
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