Acceptance of forfeitable share grants to directors Alviva Holdings Limited (Formerly Pinnacle Holdings Limited) (Incorporated in the Republic of South Africa) Registration number 1986/000334/06 Share Code: AVV ISIN: ZAE000227484 (“Alviva” or “The Company”) ACCEPTANCE OF FORFEITABLE SHARE GRANTS TO DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: DIRECTORS OF MAJOR SUBSIDIARIES Name AS Mahomed Office held Executive director Company Datacentrix (Pty) Ltd Date of acceptance 28 September 2017 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 13 September 2020 Class of securities Ordinary shares Number of forfeitable shares 70 000 Award price R19.50 Total value of award R1 365 000 Nature of interest Direct beneficial Clearance obtained Yes Name E Naidoo Office held Executive director Company Datacentrix (Pty) Ltd Date of acceptance 28 September 2017 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 13 September 2020 Class of securities Ordinary shares Number of forfeitable shares 35 000 Award price R19.50 Total value of award R682 500 Nature of interest Direct beneficial Clearance obtained Yes Name JH Coetzee Office held Executive director Company Datacentrix (Pty) Ltd Date of acceptance 28 September 2017 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 13 September 2020 Class of securities Ordinary shares Number of forfeitable shares 35 000 Award price R19.50 Total value of award R682 500 Nature of interest Direct beneficial Clearance obtained Yes Midrand 3 October 2017 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 03/10/2017 01:30:00 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.