ALEXANDER FORBES GROUP HOLDINGS LIMITED - Acceptance of awards by the group general counsel and company secretary

Acceptance of awards by the group general counsel and company secretary

Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/025226/06)
ISIN: ZAE000191516
Share Code: AFH
(“the Company” or “Alexander Forbes” or “the Group”)

ACCEPTANCE OF AWARDS BY THE GROUP GENERAL COUNSEL AND COMPANY
SECRETARY

In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders
are advised that the Group General Counsel and Company Secretary received allocations and
accepted awards in accordance with the Company’s long-term incentive plans namely, the
retention share plan (“the Retention Awards”), the conditional share plan (“the Conditional
Awards”) and the forfeitable share plan (“the Forfeitable Awards”) as follows. The allocations
and their acceptances have received clearance in terms of paragraph 3.66 of the Listings
Requirements and in line with the Company’s securities dealing and information policy.

Group Company Secretary            :      CH Wessels
Company                            :      Alexander Forbes
Date of acceptance                 :      13 August 2018

Nature of transaction              :      Off market acceptance of Retention Awards
Class of securities                :      Retention Awards in respect of ordinary shares
Number awarded                     :      73 813
Grant price                        :      Based on 3 day VWAP (R4.8150)
Transaction value                  :      R355 409.60
Nature of interest                 :      Direct beneficial
Vesting dates                      :      36 906 awards on 01 January 2019
                                          36 907 awards on 01 July 2019

Nature of transaction              :      Off market acceptance of Conditional Awards
Class of securities                :      Conditional Awards in respect of ordinary shares
Number awarded                     :      88 576
Grant price                        :      Based on 3 day VWAP (R4.8150)
Transaction value                  :      R426 493.44
Nature of interest                 :      Direct beneficial
Vesting date                       :      01 July 2021

Nature of transaction              :      Off market acceptance of Forfeitable Awards
Class of securities                :      Forfeitable Awards in respect of ordinary shares
Number awarded                     :      59 051
Grant price                        :      Based on 3 day VWAP (R4.8150)
Transaction value                  :      R284 330.57
Nature of interest                 :      Direct beneficial
Vesting date                       :      01 July 2021

Carina Wessels
Group General Counsel and Company Secretary

15 August 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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