ALTRON LIMITED - Allocation of the Altron performance shares in terms of the Altron 2009 share plan

Allocation of the Altron performance shares in terms of the Altron 2009 share plan

ALTRON LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share Code: AEL ISIN: ZAE000191342
("Altron")


ALLOCATION OF THE ALTRON PERFORMANCE SHARES IN TERMS OF THE ALTRON 2009 SHARE PLAN TO THE
EXECUTIVE DIRECTORS, COMPANY SECRETARY AND DIRECTORS OF MAJOR SUBSIDIARIES OF ALTRON


In compliance with the JSE Listings Requirements, shareholders are advised of the off-market acceptance of the Altron
Performance Shares allocation ("Performance Shares"), at NIL cost, by the Executive Directors, Company Secretary and
Directors of the major subsidiaries of Altron in terms of the Altron 2009 Share Plan. The allocation of the Performance
Shares will vest in three years, June 2029, and are subject to performance conditions.

  Name                                                     :      Werner Kapp
  Company                                                  :      Altron Limited
  Title                                                    :      Executive Director - Chief Executive Officer
  Number of Performance Shares allocated                   :      312 670 Altron A Ordinary Shares
  Deemed value*                                            :      R29.7200
  Total value of transaction                               :      R9 292 552.40
  Nature of interest                                       :      Direct beneficial
  Clearance obtained                                       :      Yes

  Name                                                     :      Carel Snyman
  Company                                                  :      Altron Limited
  Title                                                    :      Executive Director - Chief Financial Officer
  Number of Performance Shares allocated                   :      149 343 Altron A Ordinary Shares
  Deemed value*                                            :      R29.7200
  Total value of transaction                               :      R4 438 473. 96
  Nature of interest                                       :      Direct beneficial
  Clearance obtained                                       :      Yes

  Name                                                     :      Mbali Ngcobo
  Company                                                  :      Altron Limited
  Title                                                    :      Company Secretary
  Number of Performance Shares allocated                   :      25 189 Altron A Ordinary Shares
  Deemed value*                                            :      R29.7200
  Total value of transaction                               :      R748 617.08
  Nature of interest                                       :      Direct beneficial
  Clearance obtained                                       :      Yes

  Name                                                     :      Collin Govender
  Company                                                  :      Altron TMT Proprietary Limited
  Title                                                    :      Director
  Number of Performance Shares allocated                   :      108 636 Altron A Ordinary Shares
  Deemed value*                                            :      R29.7200
  Total value of transaction                               :      R3 228 661. 92
  Nature of interest                                       :      Direct beneficial
  Clearance obtained                                       :      Yes

  Name                                                     :      Eugene Roets
  Company                                                  :      Netstar Proprietary Limited
  Title                                                    :    Director
  Number of Performance Shares allocated                   :    47 135 Altron A Ordinary Shares
  Deemed value*                                            :    R29.7200
  Total value of transaction                               :    R1 400 852.20
  Nature of interest                                       :    Direct beneficial
  Clearance obtained                                       :    Yes

*Deemed value is based on the market price as at close of business, 29 May 2026 of R29.72.

Allocation date of the above transactions – 01 June 2026
Acceptance date of above transactions – 03 June 2026

Johannesburg
3 June 2026

Sponsor
Investec Bank Limited

Date: 03-06-2026 05:15:00
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