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Dealings in Securities

By Sharecast

Date: Wednesday 24 Dec 2025

</head> <body> <div> AECI LIMITED (Incorporated in the Republic of South Africa) Registration number: 1924/002590/06 Share code: AFE ISIN: ZAE000000220 Hybrid code: AFEP ISIN: ZAE000000238 Bond company code: AECI LEI: 3789008641F1D3D90E85 (AECI) <p style="border-bottom:1pt solid #000000; border-top:1pt solid #000000; font-family:arial,helvetica,sans-serif; margin-bottom:6pt; margin-top:0pt; padding-bottom:3pt; padding-top:3pt; text-align:justify"> DEALINGS IN SECURITIES AECI shareholders and noteholders are advised of the following acquisitions of AECI ordinary shares (Shares) on behalf of the AECI Long Term Incentive Scheme (Scheme), (Acquisitions): <table border="1" cellpadding="0" cellspacing="0" style="border-collapse:collapse; border:0.75pt solid #000000; width:516.6pt"> <tbody> <tr> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:82.75pt"> Date </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> Number of Shares </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> VWAP / Price per Share </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> High </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> Low </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:94.1pt"> Value </td> </tr> <tr> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:82.75pt"> 28 February 2024 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> 168 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R93.0100 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> - </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> - </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:94.1pt"> R15 625.68 </td> </tr> <tr> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:82.75pt"> 29 February 2024 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> 11 570 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R95.5249 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R95.66 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R95.20 </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:94.1pt"> R1 105 223.09 </td> </tr> <tr> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:82.75pt"> 1 March 2024 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> 22 958 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R96.8198 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R96.93 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R96.45 </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:94.1pt"> R2 222 788.97 </td> </tr> <tr> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:82.75pt"> 4 March 2024 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> 344 413 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R95.8987 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R96.51 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R95.24 </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:94.1pt"> R33 028 758.96 </td> </tr> <tr> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:82.75pt"> 5 March 2025 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> 197 462 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R95.3788 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R96.55 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R94.50 </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:94.1pt"> R18 833 688.61 </td> </tr> <tr> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:82.75pt"> 6 March 2025 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> 32 431 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R95.0971 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R96.36 </td> <td style="border-style:solid; border-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R93.51 </td> <td style="border-bottom-style:solid; border-bottom-width:0.75pt; border-left-style:solid; border-left-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:94.1pt"> R3 084 094.05 </td> </tr> <tr> <td style="border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:82.75pt"> 7 March 2025 </td> <td style="border-left-style:solid; border-left-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> 10 551 </td> <td style="border-left-style:solid; border-left-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R96.2501 </td> <td style="border-left-style:solid; border-left-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R96.72 </td> <td style="border-left-style:solid; border-left-width:0.75pt; border-right-style:solid; border-right-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:68.55pt"> R95.04 </td> <td style="border-left-style:solid; border-left-width:0.75pt; border-top-style:solid; border-top-width:0.75pt; height:17pt; padding-left:5.03pt; padding-right:5.03pt; vertical-align:top; width:94.1pt"> R1 015 534.81 </td> </tr> </tbody> </table> The Acquisitions (in respect of which the Scheme has a direct beneficial interest) were executed on-market. 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