PURPLE GROUP LIMITED - Allocations and acceptance of assignments and awards in respect of the Purple Group Share Incentive Plan

Allocations and acceptance of assignments and awards in respect of the Purple Group Share Incentive Plan

Purple Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/013637/06)
Share code: PPE ISIN: ZAE000185526
("Purple Group" or "the Company")

ALLOCATIONS AND ACCEPTANCE OF ASSIGNMENTS AND AWARDS IN RESPECT
OF THE PURPLE GROUP SHARE INCENTIVE PLAN

Purple Group shareholders approved the implementation of the Purple Group Share Incentive
Plan ("Share Incentive Plan") at a general meeting, held on Friday, 3 June 2022. The purpose
of the Share Incentive Plan is to align executive directors, prescribed officers and key
management with shareholder interests and reward exceptional performance.

The Remuneration Committee has approved the following individual assignments of
Performance Share Awards ("PSAs") to the executive directors of the Company, in
accordance with the provisions of the Share Incentive Plan and the following executive
directors have accepted the allocations made to them:


Number of PSAs:                      Charles Henry Savage – 2 894 771
                                     Gary Stewart van Dyk – 2 038 571

Date of transaction:                 1 December 2025

Nature of transaction:               Acceptance of assignments and awards in terms of the
                                     Share Incentive Plan

Nature of Interest:                  Direct Beneficial

Vesting Date:                        1 December 2028 (3 years)

PPE 3 day VWAP:                      R2.05 – 1 December 2025

Current Value of subject shares @ 3 day VWAP:       Charles Henry Savage – R5 934 280.55
                                                    Gary Stewart van Dyk – R4 179 070.55

Class of Securities:                 PSAs provide the participants the right to be settled the
                                     above mentioned number of shares in the Company or
                                     a pro-rata portion thereof on vesting date, subject to the
                                     level of performance achieved.

Starting Price:                      R2.10 (representing a 2.4% premium to the 3 day
                                     VWAP), being the price set by the Remuneration
                                     Committee to be utilised in the calculation of the PSA
                                     Performance Targets.


PSA Performance Targets:             The scheme is targeting a 7-year share price as
                                     articulalted in the Share Incentive Plan. The
                                     performance levels of this grant reflect the current share
                                     price curve and performance required to meet the target.
                                     Performance Level 1, 2 and 3
                                     The Starting Price compounded by 0.7 times
                                     (Performance Level 1), 1.75 times (Performance Level
                                     2) or 2.8 times (Performance Level 3) the 3-year rolling
                                     growth in the FINI15 index over the 3-year Vesting
                                     Period. Depending on the Performance Level attained
                                     by the vesting date, the participant would be settled
                                     between 33.33% and 100% of the PSAs in shares.

Clearance was given for the above-mentioned off-market transactions by the Remuneration
Committee in terms of paragraph 3.66 of the JSE Listings Requirements.

Responsibility Statement

The Board accepts responsibility for the information contained in this announcement. To the
best of the Board's knowledge and belief, the information contained in this announcement is
true and nothing has been omitted which is likely to affect the importance of the information.

Johannesburg
4 December 2025
Company Secretary: CTSE Registry Services Proprietary Limited
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 04-12-2025 02:25:00
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