ADCORP HOLDINGS LIMITED - Dealings by the Adcorp long-term incentive (LTI) plan

Dealings by the Adcorp long-term incentive (“LTI”) plan

ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR
ISIN: ZAE000000139
("Adcorp" or "the Company")


DEALINGS BY THE ADCORP LONG-TERM INCENTIVE (“LTI”) PLAN

In terms of paragraph 6.90 of the JSE Limited Listings Requirements (“Listings Requirements”), 
shareholders are hereby advised that the third-party brokerage mandated by Adcorp, has notified 
Adcorp of the following on-market purchases of shares in order to settle forfeitable share awards 
made by Adcorp to participants in terms of the Adcorp LTI Plan:

 DATE OF TRANSACTIONS                            05 November 2026 (1)
                                                 10 November 2026 (2)

 NATURE OF TRANSACTIONS                          Purchase of shares (on-market transaction)
                                                 (1 – 2)

 NUMBER OF SECURITIES                            300 (1)
 TRANSACTED                                      10 431 (2)
 
 PRICE PER SECURITY (CENTS)                      650 (1 - 2)
 
 CLASS OF SECURITIES                             Ordinary Shares (1 - 2)
 
 TOTAL RAND VALUE OF SECURITIES                  R1 950.00 (1)
                                                 R67 801.50 (2)

To the extent required, clearance for the above was obtained in terms of paragraph 6.83 of the 
Listings Requirements.

Johannesburg
11 November 2026


Sponsor
Valeo Capital (Pty) Ltd
Date: 11/11/2026 12:45:00
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