LEWIS GROUP LIMITED - Dealings in Securities by Directors and Directors of Major Subsidiary

Dealings in Securities by Directors and Directors of Major Subsidiary

Lewis Group Limited
Incorporated in the Republic of South Africa
Registration Number: 2004/009817/06
JSE Share Code: LEW
ISIN: ZAE000058236
Bond Code: LEWI
("Lewis" or the "Company")


Dealings in Securities by Directors and Directors of Major Subsidiary


In compliance with the paragraphs 6.78 to 6.90 of the JSE Listings
Requirements, the following should be noted:




1.    The Lewis 2021 Executive Performance Scheme – Vesting of Long
      Term Awards


Five year long term awards were granted to the directors on 6 July 2022 (refer
to the SENS announcement dated 6 July 2022). Five year awards vest
proportionately at the third, fourth and fifth anniversary subject to performance
targets. The awards relating to the fourth anniversary referred to above that
have vested on 6 July 2026 in terms of the rules of the scheme are as follows:


                                                        Share        Total
 Executive       Designation                            Awards       Value
                                                        Vested
 J. Enslin       Executive Director, Lewis Group Ltd    75 506       R 7 399 588
 J. Bestbier     Executive Director, Lewis Group Ltd    26 373       R 2 584 554
 W. Achmat       Director, Lewis Stores (Pty) Ltd       17 499       R 1 714 902
 D.M. Oliphant   Director, Lewis Stores (Pty) Ltd       17 514       R 1 716 372



The awards were acquired for no consideration and are in respect of ordinary
shares. The implied value was calculated using the share price of R 98.00,
being the closing price on 3 July 2026.



2.    Sale of Shares to Settle Tax on Awards


The executive directors and directors of a major subsidiary have sold ordinary
shares during 6 July 2026 at a price of R 99.54 in order to settle the tax on the
above awards as follows:


                                                           No. of      Total
 Executive        Designation                              Shares      Value

 J. Enslin        Executive Director, Lewis Group Ltd      36 243      R 3 607 628

 J. Bestbier      Executive Director, Lewis Group Ltd      12 659      R 1 260 077

 W. Achmat        Director, Lewis Stores (Pty) Ltd         8 400       R 836 136

 D.M. Oliphant    Director, Lewis Stores (Pty) Ltd         8 407       R 836 833



3.    Transfer of Shares



The following executive director and directors of a major subsidiary have
finalised their election to take transfer of shares arising from share awards
vesting on 6 July 2026.


                                                        No. of       Implied Value
 Executive       Designation
                                                        Shares


 J. Enslin       Executive Director, Lewis Group Ltd    39 263        R 3 847 774



 W. Achmat       Director, Lewis Stores (Pty) Ltd        9 099        R 891 702



 D.M. Oliphant   Director, Lewis Stores (Pty) Ltd        9 107         R 892 486

The implied values were calculated using the closing share price of R98.00 on
3 July 2026, in line with the vesting values. The transfer will be made off-
market.



4.   Selling of Shares by Director


     Name of director:                     Jacques Bestbier
     Office held:                          Chief Financial Officer and executive
                                           director of the Company
     Nature of transaction:                On-market sale of shares as part of
                                           rebalancing his investment portfolio
     Class of securities:                  Ordinary shares
     Written clearance to deal obtained:   Yes




     Date of transaction:                  7 July 2026
     Number of securities sold:            7 252
     Price per security:                   Lowest: R 98.00
                                           Highest: R 97.80
                                           VWAP: R 97.8905
     Total value of transaction:           R 709 902
     Nature of interest:                   Direct beneficial




     Date of transaction:                  8 July 2026
     Number of securities sold:            5 922
     Price per security:                   Lowest: R 95.10
                                           Highest: R 99.55
                                           VWAP: R 97.6363
     Total value of transaction:           R 578 202
     Nature of interest:                   Direct beneficial


     Date of transaction:                  10 July 2026
     Number of securities sold:            540
     Price per security:                   High: R 97.75
                                           Low: R 97.00
                                           VWAP: R 97.5333
   Total value of transaction:             R 52 668
   Nature of interest:                     Direct beneficial




All the transactions as set out in 1 to 4 above were for the direct benefit of the
directors. The requisite clearances were obtained.


Cape Town
10 July 2026


Sponsor: The Standard Bank of South Africa Limited


Debt Sponsor: Absa Bank Limited, acting through its Corporate and Investment
Banking Division

Date: 10-07-2026 05:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.