Declaration of final dividend

For the year ended 30 September 2023

The company has declared a final ordinary dividend of 671 cents per share for the year ended 30 September 2023. This, together with the interim dividend of 320 cents per share, brings the total dividend for the year to 991 cents per share, a 2% increase relative to last year. The company’s dividend policy of 1,75x cover was applied to HEPS.

In accordance with paragraphs 11.17 (a) (i) to (x) and 11.17 (c) of the JSE Listings Requirements, the following additional information is disclosed:

• The ordinary dividend has been declared out of income reserves
• The local dividends tax rate is 20% (twenty percent), effective 22 February 2017
• The gross final dividend amount of 671 000 000 cents per ordinary share will be paid to shareholders who are exempt from the dividends tax
• The net final dividend amount of 536 800 000 cents per ordinary share will be paid to shareholders who are liable for the dividends tax
• Tiger Brands has 180 327 980 ordinary shares in issue (which includes 10 326 758 treasury shares)
• Tiger Brands Limited’s income tax reference number is 9325/110/71/7

Shareholders are advised of the following dates in respect of the final ordinary dividend:

Share certificates may not be dematerialised or rematerialised between Wednesday, 17 January 2024 and Friday, 19 January 2024, both days inclusive.

By order of the board

JK Monaisa
Company secretary

Bryanston
30 November 2023