Exercise and Related Settlement of Share Options in Terms of the STADIO Holdings Limited Share Incentive Trust STADIO HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2016/371398/06) Share code: SDO ISIN: ZAE000248662 LEI: 3789007C8FB26515D966 (“STADIO Holdings” or “the Company”) EXERCISE AND RELATED SETTLEMENT OF SHARE OPTIONS IN TERMS OF THE STADIO HOLDINGS LIMITED SHARE INCENTIVE TRUST In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of share options by directors and prescribed officers of STADIO Holdings are disclosed to shareholders. Upon the exercise of the share options referred to below, in the instances where the beneficiaries elected to have their options settled on a net-equity basis, STADIO Holdings elected to settle same on an after-tax equity settlement basis, through the award of ordinary shares as detailed below: 1. NAME OF DIRECTOR Mr Christian Phillipus David Vorster COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares OPTION STRIKE PRICE R1.23 NUMBER OF OPTIONS EXERCISED 1 996 413 VESTING DATE OF OPTIONS 3 April 2022 EXERCISE DATE OF OPTIONS After close of business on 12 April 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE OF TRANSACTION Exercise of options by the director at the last traded share price of R4.18 on 12 April 2022, and related after-tax net-equity settlement by way of the award of 774 924 shares to the director (off-market transaction) NAME OF ASSOCIATE Bredamonti Proprietary Limited RELATIONSHIP WITH DIRECTOR The director is a director and shareholder of the associate NATURE AND EXTENT OF INTEREST Indirect, beneficial IN THE TRANSACTION 2. NAME OF DIRECTOR Dr Divya Singh COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares OPTION STRIKE PRICE (1) R3.63 (2) R1.23 NUMBER OF OPTIONS EXERCISED (1) 466 178 (2) 317 073 VESTING DATE OF OPTIONS 3 April 2022 EXERCISE DATE OF OPTIONS After close of business on 12 April 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE OF TRANSACTION (1) Exercise of options by the director at the last traded share price of R4.18 on 12 April 2022, and related after-tax net- equity settlement by way of the award of 33 737 shares to the director (off-market transaction) (2) Acquisition of 317 073 shares by the director through the exercise of options (off- market transaction) NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION 3. NAME OF DIRECTOR Ms Samara Totaram COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON- Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares OPTION STRIKE PRICE (1) R3.63 (2) R1.23 NUMBER OF OPTIONS EXERCISED (1) 289 814 (2) 551 075 VESTING DATE OF OPTIONS 3 April 2022 EXERCISE DATE OF OPTIONS After close of business on 12 April 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE OF TRANSACTION (1) Exercise of options by the director at the last traded share price of R4.18 on 12 April 2022 and related after-tax net- equity settlement by way of the award of 20 973 shares to the director (off-market transaction) (2) Exercise of options by the director at the last traded share price of R4.18 on 12 April 2022 and related after-tax net- equity settlement by way of the award of 213 904 shares to the director (off-market transaction) NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION 4. NAME OF PRESCRIBED OFFICER Mr Jacobus Johannes Human COMPANY OF WHICH A STADIO Holdings Limited PRESCRIBED OFFICER TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares OPTION STRIKE PRICE R1.23 NUMBER OF OPTIONS EXERCISED 284 034 VESTING DATE OF OPTIONS 3 April 2022 EXERCISE DATE OF OPTIONS After close of business on 12 April 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE OF TRANSACTION Acquisition of 284 034 shares by the director through the exercise of options (off-market transaction) NAME OF ASSOCIATE Working Class Heroes Proprietary Limited RELATIONSHIP WITH DIRECTOR The director is a director of the associate NATURE AND EXTENT OF Indirect, beneficial INTEREST IN THE TRANSACTION 5. NAME OF DIRECTOR Dr Christiaan Rudolph van der Merwe COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON- Non-Executive EXECUTIVE TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares OPTION STRIKE PRICE R3.63 NUMBER OF OPTIONS EXERCISED 645 077 VESTING DATE OF OPTIONS 3 April 2022 EXERCISE DATE OF OPTIONS After close of business on 12 April 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE OF TRANSACTION Exercise of options by the director at the last traded share price of R4.18 on 12 April 2022, and related after-tax net-equity settlement by award of 63 048 shares to the director (off-market transaction) NAME OF ASSOCIATE Chris van der Merwe Familie Trust RELATIONSHIP WITH DIRECTOR The director is a trustee of the associate NATURE AND EXTENT OF Indirect, beneficial INTEREST IN THE TRANSACTION To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Durbanville 13 April 2022 Sponsor PSG Capital Independent Joint Sponsor Tamela Holdings Date: 13-04-2022 12:30:00 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.