Dealing in Shares By a Prescribed Officer ADCORP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1974/001804/06 Share code: ADR & ISIN: ZAE000000139 ("Adcorp" or "the Group") DEALING IN SHARES BY A PRESCRIBED OFFICER In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF PRESCRIBED OFFICER Robert Craig De Grooth COMPANY OF WHICH A PRESCRIBED Adcorp OFFICER STATUS Prescribed officer of Adcorp and executive manager TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares by a prescribed officer and director (on-market transaction) DATE OF TRANSACTION 26 August 2021 PRICE PER SECURITY (1) R6.05 (2) R6.00 NUMBER OF SECURITIES TRANSACTED (1) 4 900 (2) 5 000 TOTAL RAND VALUE OF SECURITIES (1) R29 645 TRANSACTED (2) R30 000 NATURE AND EXTENT OF INTEREST IN direct, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Johannesburg 27 August 2021 Sponsor PSG Capital Date: 27-08-2021 12:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.