AVI LIMITED - Dealing in AVI Shares by Directors of Major Subsidiaries

Dealing in AVI Shares by Directors of Major Subsidiaries

AVI Limited
Registration Number: 1944/017201/06
Share Code: AVI
ISIN: ZAE000049433
("AVI" or "the Company")

DEALING IN AVI SHARES BY DIRECTORS OF MAJOR SUBSIDIARIES

In compliance with Rules 6.77 – 6.80 of the Listings Requirements
of the JSE Limited ("the JSE"), the following information is
disclosed:

Name of director             :   Roelf van der Laan
Name of company              :   National Brands Ltd
Date of transaction          :   1 April 2026
Number of shares granted     :   17 867
Option allocation price      :   R66.48
Total value of transaction   :   R1 187 798.16
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Revised
                                 Executive Share Incentive Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Roelf van der Laan
Name of company              :   National Brands Ltd
Date of transaction          :   1 April 2026
Number of shares granted     :   17 867
Price per share              :   R104.2481
Total value of transaction   :   R1 862 600.80
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Name of director             :   Roger Coppin
Name of company              :   Irvin & Johnson Holding Company
                                 Pty) Ltd
Date of transaction          :   1 April 2026
Number of shares granted     :   20 317
Option allocation price      :   R66.48
Total value of transaction   :   R1 350 674.16
Class of securities          :   Ordinary shares
Nature of transaction        :   Acceptance of shares awarded in
                                 terms of the AVI Revised
                                 Executive Share Incentive Scheme
Extent of interest           :   Direct beneficial

The above transaction was done off-market.

Name of director             :   Roger Coppin
Name of company              :   Irvin & Johnson Holding Company
                                 (Pty) Ltd
Date of transaction          :   1 April 2026
Number of shares granted     :   20 317
Price per share              :   R103.5596
Total value of transaction   :   R2 104 020.39
Class of securities          :   Ordinary shares
Nature of transaction        :   Sale of shares accepted as above
Extent of interest           :   Direct beneficial

The above transaction was done on-market.

Clearance to deal in these shares was obtained in accordance with
AVI's policy with regard to director's dealings as well as the
Listings Requirements of the JSE.

Illovo
Sandton
2 April 2026

Sponsor
The Standard Bank of South Africa Limited

Date: 02-04-2026 10:39:00
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