Exercise Of Options In Terms Of The Alaris Holdings Share Incentive Scheme ALARIS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/011142/06) Share code: ALH ISIN: ZAE000201554 (“Alaris” or “the Company”) EXERCISE OF OPTIONS IN TERMS OF THE ALARIS HOLDINGS SHARE INCENTIVE SCHEME In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of options is disclosed: 1. NAME OF DIRECTOR Gisela Heyman COMPANY OF WHICH A DIRECTOR Alaris Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares NATURE OF TRANSACTION Acquisition of ordinary shares in Alaris through the exercise of options in terms of the Alaris Holdings Share Incentive Scheme (Off-market transaction) DATE OF EXERCISE OF OPTIONS 1 December 2020 VESTING DATE OF OPTIONS EXERCISED 22 November 2020 OPTION STRIKE PRICE R1.90 NUMBER OF OPTIONS EXERCISED 317 500 TOTAL RAND VALUE OF OPTIONS R603 250.00 EXERCISED NUMBER OF ALARIS SHARES TO BE 42 439 RECEIVED AS NET SETTLEMENT PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION 2. NAME OF PRESCRIBED OFFICER Chris Vale COMPANY OF WHICH A PRESCRIBED Alaris Holdings Limited OFFICER TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares NATURE OF TRANSACTION Acquisition of ordinary shares in Alaris through the exercise of options in terms of the Alaris Holdings Share Incentive Scheme (Off-market transaction) DATE OF EXERCISE OF OPTIONS 2 December 2020 VESTING DATE OF OPTIONS EXERCISED 22 November 2020 OPTION STRIKE PRICE R1.90 NUMBER OF OPTIONS EXERCISED 200 000 TOTAL RAND VALUE OF OPTIONS R380 000.00 EXERCISED NUMBER OF ALARIS SHARES TO BE 29 615 RECEIVED AS NET SETTLEMENT PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Centurion 4 December 2020 Designated Adviser PSG Capital Date: 04-12-2020 08:40:00 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.