Dealings in securities by an associate of a director Ascendis Health Limited (Registration number 2008/005856/06) (Incorporated in the Republic of South Africa) Share code: ASC ISIN: ZAE000185005 (“Ascendis” or “the Company”) Dealings in securities by an associate of a director In terms of paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information, relating to dealings in securities by an associate of directors, is disclosed: Director: Gary Shayne Type of director: Non-executive director Name of associate: Gane Holdings Proprietary Limited (“Gane Holdings”) Nature and extent of interest: Indirect beneficial – through Gane Holdings, in which Gary Shayne holds an indirect controlling shareholding through the ultimate holding company, Coast2Coast Communications Limited (“C2C”) Nature of transaction: Sale, off market On 26 February 2016, Gane Holdings issued a convertible debenture, which is currently redeemable at a price per share determined using a negotiated pricing mechanism. As a result, Gane Holdings is now transferring Ascendis shares in settlement of the obligation. These shares are subject to a lock in period of 2 years from the date of redemption. Date of transaction: 22 October 2018 Class of shares: Ordinary shares Number of shares: 891,455 Price per share: R22.00 Value: R19,612,010 Written clearance obtained: Clearance was obtained from the Chairman Bryanston 26 October 2018 Sponsor Questco Corporate Advisory Proprietary Limited Date: 26/10/2018 05:15:00 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.