Dealings in securities by Employee Benefits Trusts Ninety One Limited Ninety One plc Incorporated in the Republic of South Africa Incorporated in England and Wales Registration number 2019/526481/06 Registration number 12245293 Date of registration: 18 October 2019 Date of registration: 4 October 2019 JSE share code: NY1 LSE share code: N91 ISIN: ZAE000282356 JSE share code: N91 ISIN: GB00BJHPLV88 DEALING IN SECURITIES BY EMPLOYEE BENEFIT TRUSTS As part of the dual listed company structure Ninety One plc and Ninety One Limited notify both the London and Johannesburg Stock Exchanges of the following, in compliance with the Listings Requirements of the JSE Limited: 1 Details of Employee Benefit Trust a) Trust Name Ninety One Global Share Incentive Plan 2020 2 Details of the Issuer a) Name Ninety One plc b) LEI 549300G0TJCT3K15ZG14 3 Details of the Transaction a) Description of the financial instrument, type Ordinary shares of £0.0001 each of instrument Identification code GB00BJHPLV88 b) Nature of the transaction Off-market acquisition of 651,548 ordinary shares for an aggregate purchase consideration of £1,000,000 by the trustee of the Ninety One Global Share Incentive Plan 2020 in terms of a Share Purchase Agreement entered into with the trustee of The Investec Plc Jersey Trust Number 1 c) Number of Securities 651,548 d) Total value of transaction £1,000,000 e) Date of the transaction 16 March 2020 f) Place of the transaction London g) Clearance obtained Yes 1 Details of Employee Benefit Trust a) Trust Name Ninety One Guernsey Employee Benefit Trust 2 Details of the Issuer a) Name Ninety One plc b) LEI 549300G0TJCT3K15ZG14 3 Details of the Transaction a) Description of the financial instrument, type Ordinary shares of £0.0001 each of instrument Identification code GB00BJHPLV88 b) Nature of the transaction Off-market acquisition of 3,578,539 ordinary shares for an aggregate purchase consideration of £5,492,356 by the trustee of the Ninety One Guernsey Employee Benefit Trust in terms of a Share Purchase Agreement entered into with the trustee of The Investec Plc Jersey Trust Number 1 c) Number of Securities 3,578,539 d) Total value of transaction £5,492,356 e) Date of the transaction 16 March 2020 f) Place of the transaction London g) Clearance obtained Yes 1 Details of Employee Benefit Trust a) Trust Name The Ninety One South Africa Employee Benefit Trust 2 Details of the Issuer a) Name Ninety One Limited b) LEI 2138006NUUFPDXHSUP38 3 Details of the Transaction a) Description of the financial instrument, type Ordinary shares of no par value of instrument Identification code ZAE000282356 b) Nature of the transaction Off-market acquisition of 1,821,386 ordinary shares for an aggregate purchase consideration of R60,000,000 by the trustees of the Ninety One South Africa Employee Benefit Trust in terms of a Share Purchase Agreement entered into with the trustee of the Investec Limited Security Purchase and Option Scheme Trust c) Number of Securities 1,821,386 d) Total value of transaction R60,000,000 e) Date of the transaction 16 March 2020 f) Place of the transaction Johannesburg g) Clearance obtained Yes 19 March 2020 JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd Date: 19-03-2020 09:05:00 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.