Dealings in Stadio Shares by a Director of a Major Subsidiary of Stadio STADIO HOLDINGS LIMITED (Previously Embury Holdings Proprietary Limited) (Incorporated in the Republic of South Africa) Registration number: 2016/371398/06 JSE share code: SDO ISIN ZAE000248662 (“STADIO”) DEALINGS IN STADIO SHARES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF STADIO In compliance with Sections 3.63 to 3.74 of the JSE Limited Listings Requirements the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR Shana Rosenthal COMPANY OF WHICH I AM A LISOF Proprietary Limited DIRECTOR STATUS: EXECUTIVE/NON- Executive EXECUTIVE TYPE OF SECURITIES Ordinary shares in STADIO NATURE OF TRANSACTION Shares issued to director of a major subsidiary in settlement of a portion of the top-up purchase consideration payable by STADIO for the acquisition of the shares and loans in LISOF Proprietary Limited in January 2018 (off-market transaction) DATE OF TRANSACTION 24 April 2018 ISSUE PRICE PER SECURITY R5.58 NUMBER OF SECURITIES 1 402 684 TRANSACTED TOTAL RAND VALUE OF R7 826 976.72 SECURITIES TRANSACTED NATURE AND EXTENT OF Direct beneficial INTEREST IN THE TRANSACTION CLEARANCE OBTAINED IN TERMS Yes OF SECTION 3.66 OF THE JSE LISTINGS REQUIREMENTS Durbanville 24 April 2018 Sponsor: PSG Capital Proprietary Limited Date: 24/04/2018 04:55:00 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.