SPUR CORPORATION LIMITED - Dealing in Company's Securities Pursuant to Share Incentive Schemes

Dealing in Company's Securities Pursuant to Share Incentive Schemes

Spur Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share code: SUR
ISIN: ZAE000022653
("Spur Corporation", "the Company" or "Group")

DEALING IN COMPANY'S SECURITIES PURSUANT TO SHARE INCENTIVE SCHEMES

Bonus Matching Forfeitable Shares ("BMFS") granted in accordance with Restricted Share
Plan 2020 ("2020 RSP") Scheme

In compliance with the requirements of paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the following equity-settled BMFS were granted to the executive directors and company
secretary of the Company ("Participants") in accordance with the 2020 RSP Scheme and the
Company's short-term incentive scheme applicable to the Company's financial year ended 30 June
2025 ("2025 STI").

Participants of the STI were awarded fully paid-for Spur Corporation shares (being the BMFS)
equivalent in value to a certain percentage of the bonus payable in terms of the 2025 STI. The BMFS
were allocated to the Participants on 9 September 2025 and are subject to the 2020 RSP Scheme
rules.

Name:                                            Valentine Nichas
Designation:                                     Executive Director
Number of BMFS awarded:                          14 643
Consideration:                                   Nil
Value of BMFS:                                   R550 179 (refer below)
Price per share:                                 R37.57 (refer below)
On market/off market:                            Off market
Prior permission to deal:                        Obtained
Vesting Date:                                    2 October 2028 (refer below)
Nature of interest:                              Direct beneficial (refer below)

Name:                                            Cristina Teixeira
Designation:                                     Executive Director
Number of BMFS awarded:                          11 536
Consideration:                                   Nil
Value of BMFS:                                   R433 440 (refer below)
Price per share:                                 R37.57 (refer below)
On market/off market:                            Off market
Prior permission to deal:                        Obtained
Vesting Date:                                    2 October 2028 (refer below)
Nature of interest:                              Direct beneficial (refer below)

Name:                                            Kevin Robertson
Designation:                                     Executive Director
Number of BMFS awarded:                          9 103
Consideration:                                   Nil
Value of BMFS:                                   R342 025 (refer below)
Price per share:                                 R37.57 (refer below)
On market/off market:                            Off market
Prior permission to deal:                        Obtained
Vesting Date:                                    2 October 2028 (refer below)
Nature of interest:                              Direct beneficial (refer below)

Name:                                            Donfrey Meyer
Designation:                                     Company Secretary
Number of BMFS awarded:                          3 312
Consideration:                                   Nil
Value of BMFS:                                   R124 441 (refer below)
Price per share:                                 R37.57 (refer below)
On market/off market:                            Off market
Prior permission to deal:                        Obtained
Vesting Date:                                    2 October 2028 (refer below)
Nature of interest:                              Direct beneficial (refer below)


The value of the BMFS is the actual cost of the Company's shares acquired by a wholly-owned
subsidiary of the Company during the period from 29 August 2025 to 4 September 2025 for the specific
purpose of settling the Company's obligation in this regard.

The BMFS are subject to an employment condition ("Vesting Period") terminating on 2 October 2028
("Vesting Date") in terms of which the Participants will only become unconditionally entitled to the BMFS
on the Vesting date, provided that they remain full-time gainfully employed by the Group for the duration
of the Vesting Period. The BMFS are held in escrow on behalf of the Participants for the duration of the
Vesting Period. During the Vesting Period, the Participants will enjoy the benefits of full direct beneficial
ownership of the shares (including voting rights and the right to dividends), other than being able to
trade in the shares.


Cape Town
9 September 2025

Sponsor
Questco Corporate Advisory Proprietary Limited

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