Grant and acceptance of forfeitable share grants to directors Alviva Holdings Limited (Incorporated in the Republic of South Africa) Registration number 1986/000334/06 Share Code: AVV ISIN: ZAE000227484 (“Alviva” or “The Company”) GRANT AND ACCEPTANCE OF FORFEITABLE SHARE GRANTS TO DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: DIRECTORS OF ALVIVA HOLDINGS LIMITED Name P Spies Office held Chief Executive Officer Company Alviva Holdings Limited Date of acceptance 18 June 2018 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 18 June 2021 Class of securities Ordinary shares Number of forfeitable shares 300 000 Award price R18.68 Total value of award R5 604 000 Nature of interest Direct beneficial Clearance obtained Yes Name RD Lyon Office held Chief Financial Officer Company Alviva Holdings Limited Date of acceptance 18 June 2018 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 18 June 2021 Class of securities Ordinary shares Number of forfeitable shares 150 000 Award price R18.68 Total value of award R2 802 000 Nature of interest Direct beneficial Clearance obtained Yes DIRECTORS OF MAJOR SUBSIDIARIES Name CJ Brunsden Office held Managing Director Company Axiz (Pty) Ltd Date of acceptance 18 June 2018 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 18 June 2021 Class of securities Ordinary shares Number of forfeitable shares 150 000 Award price R18.68 Total value of award R2 802 000 Nature of interest Direct beneficial Clearance obtained Yes Name CY Li Office held Finance Director Company Axiz (Pty) Ltd Date of acceptance 18 June 2018 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 18 June 2021 Class of securities Ordinary shares Number of forfeitable shares 70 000 Award price R18.68 Total value of award R1 307 600 Nature of interest Direct beneficial Clearance obtained Yes Name RN Nkuna Office held Human Resource Director Company Axiz (Pty) Ltd Date of acceptance 18 June 2018 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 18 June 2021 Class of securities Ordinary shares Number of forfeitable shares 40 000 Award price R18.68 Total value of award R747 200 Nature of interest Direct beneficial Clearance obtained Yes Name TP Humphreys-Davies Office held Managing Director Company Pinnacle Micro (Pty) Ltd Date of acceptance 18 June 2018 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 18 June 2021 Class of securities Ordinary shares Number of forfeitable shares 110 000 Award price R18.68 Total value of award R2 054 800 Nature of interest Direct beneficial Clearance obtained Yes Name GJ Wiehahn Office held Financial Director Company Pinnacle Micro (Pty) Ltd Date of acceptance 18 June 2018 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 18 June 2021 Class of securities Ordinary shares Number of forfeitable shares 30 000 Award price R18.68 Total value of award R560 400 Nature of interest Direct beneficial Clearance obtained Yes Midrand 18 June 2018 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 18/06/2018 02:10:00 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.