DISCOVERY LIMITED
    (Incorporated in the Republic of South Africa)
    (Registration number 1999/007789/06)
    Legal Entity Identifier: 378900245A26169C8132
    JSE Share code: DSY ISIN: ZAE000022331
    JSE Share code: DSBP ISIN: ZAE000158564
    JSE Bond company code: DSYI
    ("Discovery" or the “Group” or the “Company”)

    NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND RETIREMENT OF A NON-
    EXECUTIVE DIRECTOR

    No change statement
    Shareholders and noteholders are advised that the Discovery Annual Reporting Suite 2022, which incorporates
    the audited annual financial statements for the year ended 30 June 2022 and the integrated annual report, is
    available on Discovery’s website at https://www.discovery.co.za/corporate/investor-relations. The audited
    annual financial statements contain no modifications to the audited results which were released on SENS on
    Wednesday, 7 September 2022. The summarised annual financial statements of the Discovery Group for the
    year ended 30 June 2022 and the Company’s Notice of Annual General Meeting, together with a form of proxy,
    were distributed today, 28 October 2022.

    Audit Report
    We confirm that there have been no changes to the unqualified auditor’s report which was referenced in the
    audited results announcement and made available to shareholders and noteholders at the Company’s
    registered office or accessible at www.discovery.co.za/corporate/investor-relations with the accompanying
    financial statements on the same date as the release of the audited results.

    Notice of the annual general meeting
    Notice is hereby given that the twenty third annual general meeting of the Company’s ordinary shareholders
    will be held in the Auditorium, Ground Floor, 1 Discovery Place, Sandton, and through electronic participation
    on Thursday, 1 December 2022 at 12h00 to transact the business as stated in the Notice of Annual General
    Meeting forming part of the summarised annual financial statements.

    Salient dates

Issuer name                                                                                        Discovery Limited
Type of instrument                                                                                   Ordinary shares
ISIN number                                                                                           ZAE000022331
JSE code                                                                                                         DSY
Meeting type                                                                                Annual General Meeting
                                                                     Auditorium, Ground Floor, 1 Discovery Place and
Meeting venue
                                                                                     through electronic participation
Record date to determine which shareholders are
                                                                                                Friday, 21 October 2022
entitled to receive the notice of meeting
Publication/posting date                                                                        Friday, 28 October 2022
Last day to trade to determine eligible shareholders that
                                                                                            Tuesday, 22 November 2022
may attend, speak and vote at the meeting
Record date to determine eligible shareholders that may
                                                                                              Friday, 25 November 2022
attend, speak and vote at the meeting
Meeting deadline date (for administrative purposes,
                                                                                 12H00 on Tuesday, 29 November 2022
forms of proxy for the meeting to be lodged)*
Meeting date                                                                    12H00 on Thursday,1 December 2022
Publication of results                                                        On or about Thursday, 1 December 2022

Web site link                                                https://www.discovery.co.za/corporate/investor-relations


    *any proxies not lodged by this time must be handed to the chairperson of the annual general meeting
    immediately prior to such proxy exercising his/her right to vote at the annual general meeting.
RETIREMENT OF A NON-EXECUTIVE DIRECTOR

In terms of paragraphs 3.59 and 6.39 of the JSE Limited Listings Requirements and Debt Listings
Requirements, shareholders and noteholders are advised that Mr Herman Bosman has indicated his intention
to retire as a non-executive director of the Company and member of the committees on which he serves, with
effect from the conclusion of the Company’s upcoming AGM on 1 December 2022. This follows the unbundling
by Rand Merchant Investment Holdings Limited of its shareholding in Discovery that occurred earlier in the
year.

Mr Bosman has served as a non-executive director of the Company since 2014 and has served as the former
chairperson and member of the Risk and Compliance Committee and as a member of the Remuneration
Committee and the Nominations Committee. Mr Bosman will also be retiring as a non-executive director of
Discovery Life Limited, Discovery Health (Pty) Ltd and Discovery Vitality (Pty) Ltd.

Discovery wishes to thank Mr Bosman for his invaluable contribution to the Group over many years and for his
guidance and oversight during the substantial strategic evolution of the Discovery Group. We wish him all the
very best in his future endeavours.


Sandton
28 October 2022

Sponsor and Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)