Appointment of Non-Executive Directors and change to Executive Directors’ responsibilities Adcock Ingram Holdings Limited (Incorporated in the Republic of South Africa) Registration number 2007/016236/06 Share code: AIP ISIN: ZAE000123436 (“Adcock Ingram” or “the Company”) Appointment of Non-Executive Directors and change to Executive Directors’ responsibilities In accordance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised of the following changes to the Board and Executive Directors’ responsibilities at Adcock Ingram, each with immediate effect: a) Ms Lulama Boyce has been appointed as Non-Executive Director of the Company and a member of the Audit Committee and the HR, Remuneration and Nominations Committee. b) Ms Jenitha John has been appointed as Non-Executive Director of the Company and a member of the Audit Committee and Risk & Sustainability Committee. c) The Board further appointed Mr Andrew Hall and Ms Dorette Neethling, in their respective capacities as the CEO and CFO, as members of the Risk & Sustainability Committee in accordance with the recommendations of the King IV Report on Corporate Governance. Chairman, Mr Clifford Raphiri commented: “I wish to express my sincere appreciation to both Lulama and Jenitha for agreeing to join our Board. They join Adcock Ingram at a very exciting time and I have no doubt that they will serve the Company well. I look forward to their insights and contribution to the future success of the Company.” Abridged curriculum vitae Ms Boyce is a qualified Chartered Accountant and a Senior Lecturer and Deputy Head of the Commercial Accounting Department at the University of Johannesburg. She has financial and consulting experience in both the private and public sectors. She is an Independent Non-Executive Director at Coronation Fund Managers Limited; Coronation Management Company (RF) Proprietary Limited and at Coronation Life Assurance Company Limited. Ms John is a qualified Chartered Accountant and is currently the Chief Audit Executive of FirstRand Bank Limited. She previously held various financial and audit related roles in both the public and private sectors and has served on various Boards in both the public and private sectors. She has also served on The Global Institute of Internal Auditors’ (IIA) Committee of Research and Education Advisors and on the International Professional Practices Framework (IPPF) Re-look Task Force. She currently serves on the Global IIA’s Global Financial Services Guidance Committee. Ms John also serves on the Board of Tongaat Hulett as the lead independent Non-Executive Director and the Chairman of the Audit Committee. She is also a Trustee on the FNB Pension Fund and a member of its Audit Committee. The Board wishes the newly appointed Directors well in their new roles. Midrand 24 May 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24/05/2017 10:20:00 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.