ADCORP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1974/001804/06 Share code: ADR ISIN: ZAE000000139 ("Adcorp" or "the Company") DEALINGS IN SECURITIES In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following information regarding the dealings in securities is disclosed: NAME OF DIRECTOR John Wentzel NAME OF COMPANY OF WHICH THE Adcorp Holdings Limited DIRECTOR IS A DIRECTOR STATUS: EXECUTIVE/NON- EXECUTIVE Executive DATE OF TRANSACTION 6 July 2023 PRICE PER SECURITY (CENTS) 640 NUMBER OF SECURITIES 60 000 TOTAL RAND VALUE OF SECURITIES R384 000 CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Purchase of shares by a director (on- market transaction) NATURE AND EXTENT OF DIRECTORS Direct, beneficial INTEREST IN THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Johannesburg 7 July 2023 Sponsor Valeo Capital (Pty) Ltd