Dealing by an associate and section 122 notice SASFIN HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/002097/06) Share Code: SFN ISIN Number: ZAE000006565 Preference Share Code: SFNP ISIN Number: ZAE000060273 (“Sasfin” or “the Company”) ACQUISITION OF SECURITIES BY AN ASSOCIATE OF DIRECTORS AND DISCLOSURE OF AN ACQUISITION OF SECURITIES IN TERMS OF SECTION 122 OF THE COMPANIES ACT, NO. 71 OF 2008, AS AMENDED 1. Acquisition of securities by an associate In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company hereby discloses the following acquisition of securities by associates of directors: Names of directors: Mr MEE Sassoon (Chief Executive Officer) Mr RDEB Sassoon (Non-Executive Director) Name of company: Sasfin Holdings Limited Name of associate and relationship with Unitas Enterprises Limited (“Unitas”), a wholly directors: owned company of The Erwin Discretionary Settlement Trust of which each of Mr RDEB Sassoon and Mr MEE Sassoon are discretionary beneficiaries Date of transaction: 23 March 2021 Nature of transaction: An on-market purchase of Sasfin ordinary shares by Unitas Class of securities: Ordinary Shares Number of ordinary shares: 1 154 200 ordinary shares Acquisition price per ordinary share: R19.80 Value of the ordinary shares acquired: R22 835 160.00 Nature of interest of the respective An indirect discretionary interest directors: Clearance obtained: Not applicable. Acquisition was effected by an associate of the directors. 2. Acquisition of securities in terms of section 122 of the Companies Act no. 71 of 2008, as amended In accordance with section 122(3)(b) of the Companies Act, no. 71 of 2008, as amended and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that the Company has received formal notification in the prescribed form that Unitas Enterprises Limited has acquired an interest in the securities of the Company (“Acquisition”). Following the Acquisition, the total direct interest in the securities of the Company held by Unitas has increased from 43,05% to 46,62% of the total issued share capital of the Company. Johannesburg 24 March 2021 Lead Sponsor to Sasfin Sasfin Capital (a member of the Sasfin group) Independent Sponsor to Sasfin Deloitte & Touche Sponsor Services (Pty) Ltd Date: 24-03-2021 11:48:00 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.