iOCO LIMITED - Dealings in securities by a director of the company

Dealings in securities by a director of the company

iOCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/014669/06)
JSE share code: IOC ISIN: ZAE000071072
("iOCO" or the "Company")


DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY


Shareholders are advised of the following information relating to the award of conditional shares under the 2022 Share
Plan. Vesting of the conditional shares, which will occur in three equal tranches over a 24-month period, is subject to
the performance criteria being met within the performance period.

 Name and capacity of director:                  Ashona Kooblall (Chief financial officer)
 Transaction date:                               6 May 2026
 Class of securities:                            Ordinary shares
 Number of securities:                           2 772 000
 Price per security:                             Rnil
 Total deemed value of the transaction:          R12 030 480.00, calculated using the closing price of iOCO shares
                                                 on 4 May 2026, being R4.34 per share
 Nature of transaction:                          Off-market acceptance of award of conditional shares in terms of the
                                                 2022 Share Plan
 Nature and extent of director's interest:       Direct beneficial
 Clearance to deal obtained:                     Yes
 Performance criteria and performance period:    1 386 000 conditional shares on achievement of a share price hurdle
                                                 of R6.25 by 31 December 2027.
                                                 1 386 000 conditional shares on achievement of a share price hurdle
                                                 of R7.80 by 31 December 2028.

Shareholders are further advised of the following information relating to the award of forfeitable shares under the 2022
Share Plan. Vesting of the forfeitable shares, which will occur on release of the Company's financial results in October
2026, is subject to the achievement of board approved KPIs for the financial year ending 31 July 2026 being met.

 Name and capacity of director:                  Ashona Kooblall (Chief financial officer)
 Transaction date:                               6 May 2026
 Class of securities:                            Ordinary shares
 Number of securities:                           1 200 000
 Price per security:                             Rnil
 Total deemed value of the transaction:          R5 208 000.00, calculated using the closing price of iOCO shares on
                                                 4 May 2026, being R4.34 per share
 Nature of transaction:                          Off-market acceptance of award of forfeitable shares in terms of the
                                                 2022 Share Plan
 Nature and extent of director's interest:       Direct beneficial
 Clearance to deal obtained:                     Yes

7 May 2026


Sponsor
Java Capital

Date: 07-05-2026 12:00:00
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