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 OF A MAJOR SUBSIDIARY In compliance with paragraphs 3.63 of the JSE Limited Listings Requirements, the Company hereby discloses the following dealings in securities by a director a major subsidiary of AfroCentric: Name of Director Aklaaq Mahmood Designation: Executive Director of Medscheme, a major subsidiary of AfroCentric Date of transaction: 22 September 2023 Nature of transaction: On market disposal of Afrocentric shares Class of securities: Ordinary shares Number of securities: 68 134 Price per security: R3.73 Value of transaction: R254 139.82 Nature of interest: Direct Beneficial Clearance obtained: Yes Johannesburg 29 September 2023 JSE Sponsor to AfroCentric Questco Corporate Advisory Proprietary Limited