ASCENDIS HEALTH LIMITED - Market Update

Market Update

Ascendis Health Limited
(Registration number 2008/005856/06)
(Incorporated in the Republic of South Africa)
Share code: ASC
ISIN: ZAE000185005
(“Ascendis Health” or “the Company”)


MARKET UPDATE


Shareholders are advised that the Company continues to receive a number of highly conditional, non-
binding proposals and expressions of interest (“EOIs”) to make an offer to acquire Ascendis Health
shares. When an EOI is received, the board of directors of the Company (“the Board”) will assess it
carefully from both a quantitative and qualitative perspective. To the extent that the terms of any EOI
received have merit and, having regard primarily for its regulatory obligations and also taking into
account any confidentiality requirements stipulated in the relevant EOI, the Board will publish the
appropriate announcement at the appropriate time.

The Company would like to remind shareholders that they should base their investment decisions
regarding Ascendis Health shares on announcements published by the Company itself and not on
information from other sources, which may not necessarily be accurate or based on a complete set of
facts.


12 November 2021
Johannesburg


Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 12-11-2021 08:00:00
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