AfroCentric Investment Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1988/000570/06) JSE Code: ACT ISIN: ZAE000078416 (“AfroCentric”) DEALING IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 of the JSE Limited Listings Requirements, the Company hereby discloses the following dealings in securities by a director of AfroCentric: Name of Director Hannes Boonzaaier Date of transaction: 6 June 2023 Nature of transaction: On market disposal of Afrocentric shares Class of securities: Ordinary shares Number of securities: 50 000 Price per security: R4.00 Value of transaction: R200 000.00 Nature of interest: Direct Beneficial Clearance obtained: Yes Name of Director Hannes Boonzaaier Date of transaction: 7 June 2023 Nature of transaction: On market disposal of Afrocentric shares Class of securities: Ordinary shares Number of securities: 150 000 Weighted average price per security: R4.15666 Highest traded price per security on the R4.25 market on the day: Lowest traded price per security on the R4.00 market on the day: Value of transaction: R623 500.00 Nature of interest: Direct Beneficial Clearance obtained: Yes Name of Director Hannes Boonzaaier Date of transaction: 8 June 2023 Nature of transaction: On market disposal of Afrocentric shares Class of securities: Ordinary shares Number of securities: 40 000 Price per security: R4.04 Value of transaction: R161 600.00 Nature of interest: Direct Beneficial Clearance obtained: Yes Johannesburg 9 June 2023 JSE Sponsor to AfroCentric Questco Corporate Advisory Proprietary Limited