ADCORP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1974/001804/06 Share code: ADR ISIN: ZAE000000139 (“Adcorp” or the “Company”) DEALING IN SHARES BY A PRESCRIBED OFFICER Further to the announcement released on SENS yesterday, 31 August 2022, (“Previous Announcement”) relating to the dealing in shares by Robert Craig De Grooth (“Prescribed Officer”), shareholders are hereby advised the following additional dealing, which took place on 31 August 2022, was not included in the Previous Announcement, as the Prescribed Officer only received confirmation of the trade from his broker after close of business yesterday. Accordingly, in compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the additional dealing in securities is disclosed: NAME OF PRESCRIBED OFFICER Robert Craig De Grooth COMPANY OF WHICH A PRESCRIBED Adcorp OFFICER STATUS Prescribed officer TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Sale of shares by a prescribed officer (on-market transaction) DATE OF TRANSACTION 31 August 2022 PRICE PER SECURITY R5.50 NUMBER OF SECURITIES TRANSACTED 4 TOTAL RAND VALUE OF SECURITIES R22.00 TRANSACTED NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Johannesburg 1 September 2022 Sponsor PSG Capital