Update on the Company's share repurchases HUGE GROUP LIMITED (Registration number 2006/023587/06) Share code: HUG ISIN: ZAE000102042 (“Huge” or the “Company”) UPDATE ON THE COMPANY’S SHARE REPURCHASES 1. Background In line with the Company’s strategy to repurchase Huge ordinary shares (“Shares”) when it makes sense to do so, and as it has done in previous years, Huge shareholders are hereby notified that the Company continues to repurchase Shares under a general authority granted by shareholders (“Repurchase(s)”). 2. Repurchases during the 2020 reporting period Shareholders are referred to the voluntary announcement published by Huge on SENS on 15 January 2020, in which the Company advised shareholders of a programme it had implemented to repurchase up to a maximum of 4 000 000 of its own Shares for a total maximum repurchase consideration of R20 million pursuant to and in accordance with the authority granted by shareholders at the Company’s annual general meeting held on Thursday, 29 August 2019 (“2020 General Authority”). The 2020 General Authority commenced on 29 August 2019 and terminated on the date of the next annual general meeting of the Company, being 8 October 2020. In terms of the 2020 General Authority, Huge acquired 1 963 311 Shares at an average repurchase price of 367.2 cents per Share. To note, Huge was unable to undertake Repurchases from 1 September 2020 to 25 November 2020 due to the Company being in a closed period pending the release of its August 2020 interim results and because Huge had not submitted the details of a repurchase programme to the JSE in writing prior to the commencement of the closed period. 3. Repurchases during the 2021 reporting period The most recent general authority to give effect to the Repurchases was granted on 8 October 2020 (“2021 General Authority”). From 4 December 2020 until the date of this announcement, the Company has acquired 1 991 651 Shares at an average repurchase price of 548.4 cents per Share. A further 6 789 699 Shares remain available to be acquired under the 2021 General Authority. The Company entered a closed period on 1 March 2021, due to the pending release of its year end results in respect of the period ended 28 February 2021 (“2021 Closed Period”). The Company is continuing with the Repurchases during the 2021 Closed Period as it has, in accordance with paragraph 5.72(h) of the JSE Listings Requirements, submitted the details of a repurchase programme to the JSE in writing prior to the commencement of the 2021 Closed Period. Johannesburg 17 March 2021 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 17-03-2021 10:28:00 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.