Adcorp Group: Change in company secretary

Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
Share code: ADR & ISIN: ZAE000000139
(“the Company” or “Adcorp”)

CHANGE IN COMPANY SECRETARY

In terms of paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are advised that Ms Lisa Laporte has been appointed as company secretary with effect from 1 May 2020.

Lisa Laporte was admitted as an Attorney of the High Court of South Africa, Gauteng Division in August 1999, practicing as an Attorney in predominantly civil and corporate matters, including liquidations & litigation. In June 2002 she joined the Kelly division of Kelly Group Ltd, with Kelly Group listing on the Johannesburg Stock Exchange (JSE) in 2007. She fulfilled a number of roles within the Kelly Group and in April 2011, was appointed as the Group Legal and Compliance Officer for Kelly Group Ltd.

Kelly Group Ltd was acquired by Adcorp Holdings Ltd in November 2014. In July 2015, she fulfilled the role of Group Legal and Compliance Officer for the Adcorp Group of Companies, with a direct reporting line to the Chief Financial Officer. In June 2018, Lisa completed a Mini-MBA through Global Leaders in Law (GLL) at the Oxford University, United Kingdom. Currently, Lisa holds the position of Executive: Group General Counsel for Adcorp Holdings Ltd.

The Board is satisfied that Ms Laporte has requisite knowledge of or experience in relevant laws to fulfil the role. Ms Laporte will take over from FluidRock Co Sec Proprietary Limited who has
been Company Secretary from July 2019.

The Board would like to thank the outgoing company secretary, FluidRock Co Sec Proprietary Limited, whose services have been terminated with effect from 30 April 2020.

Sandton

4 May 2020
Sponsor: Nedbank Corporate and Investment Banking