Dealings by the Adcorp Long-Term Incentive ("LTI") Plan ADCORP HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 1974/001804/06 Share code: ADR ISIN: ZAE000000139 ("Adcorp" or "the Company") DEALINGS BY THE ADCORP LONG-TERM INCENTIVE ("LTI") PLAN In terms of paragraph 3.96 of the JSE Limited Listings Requirements ("Listings Requirements"), shareholders are hereby advised that the third-party brokerage mandated by Adcorp, has notified Adcorp of the following on-market purchases of shares in order to settle forfeitable share awards made by Adcorp to participants in terms of the Adcorp LTI Plan: DATE OF TRANSACTIONS 12 November 2024 (1) 13 November 2024 (2) NATURE OF TRANSACTIONS Purchase of shares (on-market transaction) (1 and 2) NUMBER OF SECURITIES TRANSACTED 146 151 (1) 50 000 (2) PRICE PER SECURITY (CENTS) High: 483 cents (1) Low: 482 cents (1) VWAP: 483 cents (1) High: 500 cents (2) Low: 480 cents (2) VWAP: 499 cents (2) CLASS OF SECURITIES Ordinary Shares (1 and 2) TOTAL RAND VALUE OF SECURITIES R705 187.15 (1) R246 256.62 (2) To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of the Listings Requirements. Johannesburg 18 November 2024 Sponsor Valeo Capital (Pty) Ltd Date: 18-11-2024 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.