Distribution of circular and notice of general meeting Invicta Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1966/002182/06) Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773 Preference Share code: IVTP Preference Share ISIN: ZAE000173399 (“Invicta” or the “Company”) DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING 1. Distribution of circular Invicta shareholders are referred to the announcement released on SENS on 13 September 2021 regarding: • the specific repurchase by Invicta of 1 500 000 and 2 400 000 Invicta ordinary shares from Mr Lance R Sherrell and Mr David I Samuels respectively, for an aggregate cash consideration of R109.2 million (the “Share Repurchase(s)”); and • the repurchase from Humulani Marketing Proprietary Limited, a wholly-owned subsidiary of Invicta South Africa Holdings Proprietary Limited, which in turn is a subsidiary of Invicta, of 1 541 823 Invicta ordinary shares (currently held as treasury shares), for a cash consideration of R48.907 million (the “Treasury Share Repurchase”), collectively the “Specific Repurchases”. In this regard, a circular setting out full details of the Specific Repurchases and containing a notice of general meeting (the “Circular”) has been distributed to Invicta shareholders today and is available on Invicta’s website at (https://www.invictaholdings.co.za/circulars-to-shareholders/). 2. Notice of general meeting Notice is hereby given that the general meeting of Invicta shareholders will be held virtually at 10:00 on Monday, 29 November 2021 (the “General Meeting”), to pass, with or without modification, the ordinary and special resolutions to approve and implement the Specific Repurchases. The salient dates and times relating to the General Meeting are set out below: 2021 Notice record date being the date on which a shareholder must be registered Friday, 22 October in the register in order to be eligible to receive the Circular and notice of General Meeting Circular and notice of General Meeting distributed to shareholders and Friday, 29 October announced on SENS and A2X News Service Last day to trade shares in order to be recorded in the register to vote at the Tuesday, 16 November General Meeting on General Meeting record date, being the date on which a shareholder must be Friday, 19 November registered in the register in order to be eligible to virtually attend and electronically participate in the General Meeting and to vote thereat, by close of trade on For administrative reasons, proxy forms in respect of the General Meeting to Friday, 26 November be lodged at or received by the transfer secretaries by no later than 10:00 on General Meeting to be held at 10:00 on Monday, 29 November Results of the General Meeting published on SENS and A2X News Service on or Monday, 29 November about Specific Repurchases effected on or about Monday, 29 November Cancellation and delisting of Repurchase Shares on or about Tuesday, 30 November Notes: All dates and times indicated above are South African Standard Time and are subject to amendment. Any amendment will be released on SENS and A2X News Service. Johannesburg 29 October 2021 Corporate Advisor and Transaction Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 29-10-2021 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.