KAL Group executive director Sim exercises 61,932 nil-cost options, receives 34,062 shares

• KAL Group disclosed the vesting and automatic exercise of nil-cost options under its long-term incentive plan on Sept. 29.
• GW Sim received 34,062 ordinary shares via after-tax net-equity settlement from 61,932 options valued at ZAR 3.05 million.
• Three Agrimark Operations executives received a combined 51,890 shares from 94,347 options valued at ZAR 4.65 million.
• The options were valued at a deemed ZAR 49.28 per option.
• Settlement occurred on Sept. 30.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KAL Group Limited published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S604058), on September 30, 2026, and is solely responsible for the information contained therein.