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Dealings in securities by a director of a related company

Published: 2023-11-27 17:00:36 ET [no company card]
African Rainbow Capital Investments Limited
(Incorporated in the Republic of Mauritius)
(Registration number C148430)
JSE and A2X Share code: AIL
ISIN: MU0553S00000
("ARC Investments")

DEALING IN SECURITIES BY A DIRECTOR OF A RELATED COMPANY

In compliance with the JSE Limited Listings Requirements, shareholders are advised of the following
dealing in ARC Investments securities by a director of a related company:


       Name of director:                                 Dr. Johan van Zyl
       Office held:                                      Director of the related company
       Name of related company:                          UBI General Partner Proprietary Limited, the
                                                         general partner of the ARC Fund*
       Date of transaction:                              22 November 2023
       Nature of transaction:                            On-market purchase of securities
       Number of securities:                             19 800
       Class of securities:                              ARC Investments ordinary shares
       Purchase price per security:                      480.00 c
       Total value of the transaction:                   R95,040.00
       Clearance obtained:                               Yes
       Nature of interest:                               Indirect beneficial



       Name of director:                                 Dr. Johan van Zyl
       Office held:                                      Director of the related company
       Name of related company:                          UBI General Partner Proprietary Limited, the
                                                         general partner of the ARC Fund*
       Date of transaction:                              23 November 2023
       Nature of transaction:                            On-market purchase of securities
       Number of securities:                             189 000
       Class of securities:                              ARC Investments ordinary shares
       Purchase price per security:                      480.00 c
       Total value of the transaction:                   R907,200.00
       Clearance obtained:                               Yes
       Nature of interest:                               Indirect beneficial


*ARC Investments is a Limited Partner in the ARC Fund, an en-commandite partnership. Full details of
the structure were disclosed in the Pre-Listing Statement published on 28 August 2017.

Ebene, Mauritius (with simultaneous circulation in Johannesburg)
27 November 2023

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