Pick n Pay Stores : Dealing in Securities by Director

Pick n Pay Stores Limited

Incorporated in the Republic of South Africa

Registration number 1968/008034/06

Share code: PIK

ISIN: ZAE000005443

DEALING IN SECURITIES BY DIRECTOR

In compliance with the JSE Listing Requirements, the following information is disclosed:

Director	:	A Jakoet
Company	: Pick n Pay Stores Limited
Date of transaction	:	24 June 2022
Nature of transaction	: Off market restructure pursuant to which the shares are
		transferred to a company that is held as to (i) 90% thereof by
		a family trust (noting that the Director is not a trustee or
		beneficiary of the trust), and (ii) 10% thereof by the director
Class of security	:	Ordinary shares
Number of securities sold	:	750 000
Sale price	:	R56.84
Total value of shares sold	:	R42 630 000
Nature of interest	: Change from direct beneficial to indirect beneficial
Clearance obtained	:	Yes

Cape Town

24 June 2022

Sponsor: Investec Bank Limited