ASCENDIS HEALTH LIMITED - Offer And Delisting - Results of the Offer and Finalisation Announcement

Offer And Delisting - Results of the Offer and Finalisation Announcement

Ascendis Health Limited
(Registration number 2008/005856/06)
(Incorporated in the Republic of South Africa)
Share code: ASC ISIN: ZAE000185005
Listed on the General Segment of the Main Board
("Ascendis" or the "Company")

OFFER AND DELISTING - RESULTS OF THE OFFER AND FINALISATION ANNOUNCEMENT

Unless otherwise defined herein, capitalised words and terms contained in this announcement shall bear the same
meanings ascribed thereto in the circular issued by the Company to shareholders of Ascendis ("Shareholders"), dated
Tuesday, 28 October 2025 ("Circular").

Shareholders are referred to the Circular and the announcements published by the Company on Tuesday,
28 October 2025, Tuesday, 18 November 2025 and Tuesday, 25 November 2025 pertaining to the Offer and Delisting.

Shareholders are advised that Offer acceptances in respect of 42 952 176 Offer Shares (being 6.86% of the Offer
Shares), in aggregate, were received. Accordingly, the Maximum Acceptances Condition has been fulfilled, and the
Offer and Delisting will be implemented in accordance with the dates and times set out below.

 Event                                                                                                               2025

 Suspension of listing of all Ascendis Shares at the commencement of trade on the JSE                  Monday, 1 December
 and A2X, on (note 1)

 Offer Payment Date, being the date on which payment of the Offer Consideration to Offer               Monday, 1 December
 Participants will be made, on (notes 2,3)

 Date of the termination of listing of all Ascendis Shares on the JSE and A2X at the                 Thursday, 4 December
 commencement of trade, on (note 1)

Notes:

 1. Pursuant to the fulfilment of the Maximum Acceptances Condition, Ascendis has made application to the JSE for the suspension
    and termination of listing on the JSE of all Ascendis Shares.
 2. Certificated Shareholders who accepted the Offer will have the Offer Consideration transferred to them by electronic funds
    transfer into the bank account nominated by them in the form of acceptance, surrender and transfer (incorporated into the
    Circular) on the Offer Payment Date.
 3. Dematerialised Shareholders who accepted the Offer will have their accounts at their CSDP or Broker credited with the Offer
    Consideration on the Offer Payment Date.


Johannesburg
28 November 2025


Corporate Advisor and
Transaction Sponsor
Questco Proprietary Limited

Date: 28-11-2025 04:40:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.