INVICTA HOLDINGS LIMITED - Change to the board and appointment of Chief Executive Officer BMG Division

Change to the board and appointment of Chief Executive Officer BMG Division

Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
(“Invicta”)

CHANGE TO THE BOARD & APPOINTMENT OF CHIEF EXECUTIVE OFFICER BMG DIVISION

In terms of rule 3.59 of the Listings Requirements of the JSE Limited, Invicta is pleased to
announce the appointment of Byron Nichles (“Byron”) as Chief Executive Officer of
Invicta’s BMG division (“BMG”), with effect from 1 November 2014. Byron will also join
the Board of Directors of Invicta as an Executive Director as of that date.

Byron joins Invicta from ARB Holdings Limited, also a JSE listed company, where he held
the position of Chief Executive Officer for the past 5 years. Byron takes over from
Charles Walters who has been the Chief Executive Officer of BMG for the past 8 years.

Following a handover period, and as previously communicated to shareholders, Charles
Walters will become Group Chief Executive of Invicta, succeeding Arnold Goldstone,
who becomes the Executive Deputy Chairman of Invicta, at which stage a further
announcement will be made.

The Board wishes Byron well in this new position and looks forward to his valuable
contribution.

Cape Town
2 September 2014

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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