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”) AWARD AND ACCEPTANCE OF OPTIONS, AND EXERCISE AND RELATED SETTLEMENT OF OPTIONS, IN TERMS OF THE STADIO GROUP SHARE INCENTIVE SCHEME AWARD AND ACCEPTANCE OF OPTIONS IN TERMS OF THE STADIO GROUP SHARE INCENTIVE SCHEME In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the acceptance of options by a director of STADIO Holdings are disclosed to shareholders. 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 to acquire ordinary shares in STADIO Holdings NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in STADIO Holdings in terms of the STADIO Group Share Incentive Scheme (off-market transaction) DATE OF ACCEPTANCE OF OPTIONS After close of business on 31 August 2022 DATE OF AWARD OF OPTIONS 1 July 2022 OPTION STRIKE PRICE R3.64 NUMBER OF OPTIONS ACCEPTED 1 451 867 VESTING DATES OF OPTIONS The options will vest in four tranches of 25% each, on the following dates: 3 April 2024 3 April 2025 3 April 2026 3 April 2027 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION EXERCISE AND RELATED SETTLEMENT OF OPTIONS IN TERMS OF THE STADIO GROUP SHARE INCENTIVE SCHEME In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of options by directors and a prescribed officer 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 in STADIO Holdings OPTION STRIKE PRICE R1.21 NUMBER OF OPTIONS EXERCISED 1 074 992 VESTING DATE OF OPTIONS 1 July 2022 EXERCISE DATE OF OPTIONS After close of business on 31 August 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised, which period was extended to 90- days by the board of directors due to STADIO Holdings being in a closed period at such time NATURE OF TRANSACTION Acquisition of 1 074 992 shares by the director through the exercise of options (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 in STADIO Holdings OPTION STRIKE PRICE R1.21 NUMBER OF OPTIONS EXERCISED 170 732 VESTING DATE OF OPTIONS 1 July 2022 EXERCISE DATE OF OPTIONS After close of business on 31 August 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised, which period was extended to 90- days by the board of directors due to STADIO Holdings being in a closed period at such time NATURE OF TRANSACTION Exercise of options by the director at the last traded share price of R3.60 on 31 August 2022, and related after-tax net-equity settlement by way of the award of 62 341 shares to the director (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 in STADIO Holdings OPTION STRIKE PRICE R1.21 NUMBER OF OPTIONS EXERCISED 296 733 VESTING DATE OF OPTIONS 1 July 2022 EXERCISE DATE OF OPTIONS After close of business on 31 August 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised, which period was extended to 90- days by the board of directors due to STADIO Holdings being in a closed period at such time NATURE OF TRANSACTION Exercise of options by the director at the last traded share price of R3.60 on 31 August 2022 and related after-tax net-equity settlement by way of the award of 108 349 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 in STADIO Holdings OPTION STRIKE PRICE R1.21 NUMBER OF OPTIONS EXERCISED 152 941 VESTING DATE OF OPTIONS 1 July 2022 EXERCISE DATE OF OPTIONS After close of business on 31 August 2022 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised, which period was extended to 90- days by the board of directors due to STADIO Holdings being in a closed period at such time NATURE OF TRANSACTION Acquisition of 152 941 shares by the director through the exercise of options (off-market transaction) NAME OF ASSOCIATE Working Class Heroes Proprietary Limited RELATIONSHIP WITH PRESCRIBED The prescribed officer is a director of the OFFICER associate NATURE AND EXTENT OF INTEREST Indirect, beneficial IN THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Durbanville 1 September 2022 Sponsor Independent Joint Sponsor PSG Capital Tamela Holdings