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 6.90 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 | 9 February 2026 (1)
10 February 2026 (2) 11 February 2026 (3) 12 February 2026 (4) 13 February 2026 (5) 16 February 2026 (6) 17 February 2026 (7) 18 February 2026 (8) 19 February 2026 (9) 20 February 2026 (10) 23 February 2026 (11) 24 February 2026 (12) 27 February 2026 (13) |
| NATURE OF TRANSACTIONS | Purchase of shares (on-market transaction)
(1 – 13) |
| NUMBER OF SECURITIES TRANSACTED | 10 084 (1)
28 390 (2) 6 000(3) 18 805 (4) 2 629 (5) 7 567 (6) 3 723 (7) 921 (8) 233 (9) 122 (10) |
| 4 000 (11) | |
| 1 000 (12) | |
| 3 927 (13) | |
| PRICE PER SECURITY (CENTS) | High: 653 (1) |
| Low: 651 (1) | |
| VWAP: 651.62 (1) | |
| High: 655 (2) | |
| Low: 652 (2) | |
| VWAP: 654.41 (2) | |
| 654: (3) | |
| 653: (4) | |
| 625: (5) | |
| 653: (6) | |
| 653: (7) | |
| 636: (8) | |
| 653: (9) | |
| 650: (10) | |
| 653: (11) | |
| 651 (12) | |
| High: 653 (13) | |
| Low: 640 (13) | |
| VWAP: 652.54 (13) | |
| CLASS OF SECURITIES | Ordinary Shares (1-13) |
| TOTAL RAND VALUE OF SECURITIES | R65 709.64 (1)
R185 786.65 (2) R39 240.00 (3) R122 796.65 (4) R17 141.08 (5) R49 412.51 (6) R24 311.19 (7) R5 857.56 (8) R1 521.49 (9) R793.00 (10) R26 120.00 (11) R6 510.00 (12) R25 625.24 (13) |
To the extent required, clearance for the above was obtained in terms of paragraph 6.83 of the Listings Requirements.
Johannesburg
2 March 2026
Sponsor
Valeo Capital (Pty) Ltd