KAL GROUP LIMITED - Dealing In KAL Group Shares

Dealing In KAL Group Shares

KAL GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2011/113185/06)
Share code: KAL
ISIN: ZAE000244711
(“KAL Group” or the “Company”)

DEALING IN KAL GROUP SHARES

GMS Beleggings (Edms) Bpk (“GMS Beleggings”), a family entity and associate of
KAL Group chairperson, Mr GM Steyn, previously held 38 359 ordinary shares in the Company. As part of
the diversification of the family’s financial exposure, GMS Beleggings has restructured its shareholding in
KAL Group by transferring all KAL Group shares held by it to an investor fund, in exchange for units in that
fund. As a result, GMS Beleggings will continue to have an exposure to KAL Group, albeit indirectly via the
fund.

In compliance with the JSE Listings Requirements, the following information regarding the dealing in shares
is disclosed:

 NAME OF DIRECTOR                                      GM Steyn

 COMPANY OF WHICH A DIRECTOR                           KAL Group Limited

 STATUS: EXECUTIVE/NON-EXECUTIVE                       Non-executive

 TYPE AND CLASS OF SECURITIES                          Ordinary shares

 NATURE OF DEALING                                     Disposal of shares by an associate of the director
                                                       (off-market dealing)

 DATE OF DEALING                                       27 August 2026

 DEEMED PRICE PER SECURITY                             R52.00
 (BASED ON THE SHARE PRICE AS AT CLOSE
 OF BUSINESS ON 26 AUGUST 2026)

 NUMBER OF SECURITIES TRADED                           38 359

 DEEMED TOTAL RAND VALUE OF SECURITIES                 R1,994,668.00
 TRADED (BASED ON THE SHARE PRICE AS AT
 CLOSE OF BUSINESS ON 26 AUGUST 2026)

 NAME OF THE ASSOCIATE                                 GMS Beleggings (Edms) Bpk

 RELATIONSHIP WITH THE ASSOCIATE                       The director is a director and shareholder of the
                                                       associate

 NATURE AND EXTENT OF INTEREST IN THE                  Indirect, beneficial
 DEALING


 Clearance for the above was obtained after the dealing.


Paarl
16 September 2026

Sponsor
PSG Capital
Date: 16/09/2026 10:30:00
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