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 Vinolia Singh COMPANY OF WHICH A PRESCRIBED Adcorp OFFICER STATUS Prescribed officer of Adcorp and executive director of major subsidiary 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 20 August 2021 PRICE PER SECURITY R6.48 NUMBER OF SECURITIES TRANSACTED 3 201 TOTAL RAND VALUE OF SECURITIES R20 742.48 TRANSACTED 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 23 August 2021 Sponsor PSG Capital Date: 23-08-2021 11:36:00 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.