Annual Compliance Report Prepared in Terms of the Broad-Based Black Economic Empowerment Act

ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR & ISIN: ZAE000000139
(“Adcorp” or “the Group“)

ANNUAL COMPLIANCE REPORT PREPARED IN TERMS OF THE BROAD-BASED BLACK ECONOMIC EMPOWERMENT ACT

In accordance with paragraph 16.21(g) and Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given that the Company’s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act (“Compliance Report”) has been published and, together with the Company’s latest Broad-Based Black Economic Empowerment rating certificate for its South African operations (“BEE Certificate”), is available on the Company’s website. The Compliance Report is available at https://www.adcorpgroup.com/adcorp-holdings-form-bbbee-1-compliance-report and the BEE Certificate is available at https://www.adcorpgroup.com/adcorp-workforce-solutions-bee-fy2023-certificate.

Johannesburg

18 June 2023

Sponsor

Valeo Capital (Pty) Limited