Acceptance of annual awards of shares in terms of the Discovery Long-Term Incentive Plan ("LTIP") DISCOVERY LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/007789/06) Legal Entity Identifier: 378900245A26169C8132 JSE share code: DSY, DSYBP DSY ISIN: ZAE000022331 DSBP ISIN: ZAE000158564 Bond company code: DSYI (the “Group” or "Discovery" or the “Company”) ACCEPTANCE OF ANNUAL AWARDS OF SHARES IN TERMS OF THE DISCOVERY LONG-TERM INCENTIVE PLAN ("LTIP") In compliance with paragraphs 3.63 to 3.74 and paragraphs 6.42 to 6.53 of the JSE Limited Listings Requirements and Debt Listings Requirements, notification is hereby given that certain executive directors of the Company and directors of major subsidiaries have accepted annual awards of ordinary shares allocated in terms of the Discovery LTIP, an equity-settled scheme based on the performance criteria as per the Single Incentive Plan for the year ended 30 June 2022. These share awards are subject to continued employment and vest equally from the 3rd to the 5th anniversaries of these awards (between 30 September 2025 and 30 September 2027). The nature of the interest in respect of each of these awards is direct beneficial. The transactions have occurred off-market and the necessary clearances have been obtained. The allocations are set out below: Executive Director Number Acceptance Date Reference Deemed Of Shares Price*(all Transaction accepted figures in R) Value (all figures in R) A Gore 92 223 30 November 2022 104.13 9 603 181 D M Viljoen 61 054 30 November 2022 104.13 6 357 553 H D Kallner 67 823 30 November 2022 104.13 7 062 409 A Ntsaluba 55 807 30 November 2022 104.13 5 811 183 A Pollard 91 102 30 November 2022 104.13 9 486 451 B Swartzberg 67 999 30 November 2022 104.13 7 080 736 Director of Subsidiary Number Acceptance Date Reference Deemed major of Shares Price*(all Transaction subsidiary accepted figures in R) Value (all figures in R) R N Noach Discovery 43 057 30 November 2022 104.13 4 483 525 Health K S Rabson Discovery 41 664 30 November 2022 104.13 4 338 472 Life R J Van Reenen Discovery 39 749 30 November 2022 104.13 4 139 063 Life *The reference price has been used in determining the share allocations and represents the volume weighted average traded price of the Company’s shares for the 5 days ended 30 September 2022 in terms of the provisions of the Single Incentive Plan. 2 December 2022 Sandton Sponsor and Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 02-12-2022 07:30:00 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.