Dealing in Securities by a Director South Ocean Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2007/002381/06) Share code: SOH ISIN: ZAE000092748 (“SOH” or “the Company”) DEALING IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the Johannesburg Stock Exchange (“JSE”), shareholders are advised of a dealing in securities by a director of the Company. It should be noted that the agreement to acquire shares was entered into prior to the appointment of the director but has only been implemented post his appointment, thus clearance to deal was not required. Name of director: Johannes van Rensburg Date of transaction: 7 April 2021 Name of Company: SOH Number of securities: 21 135 080 Class of securities: Ordinary shares Nature of transaction: Purchase Price per share: R0.60 Nature of interest: Indirect beneficial Extent of interest: 10.40% Value of transaction: R12 681 048.00 How traded Off market Clearance to deal obtained: Not applicable A separate announcement in terms of s122 of the Companies Act, 2008 will be made in due course. Johannesburg 8 April 2021 Sponsor AcaciaCap Advisors Proprietary Limited Date: 08-04-2021 05:00:00 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.