Dealing in securities by a director AfroCentric Investment Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1988/000570/06) JSE Code: ACT ISIN: ZAE000078416 (“AfroCentric”) DEALING IN SECURITIES BY A DIRECTOR In compliance with paragraphs 3.63 of the JSE Limited Listings Requirements, the Company hereby discloses the following dealings in securities by a director of AfroCentric: Name of Director Hannes Boonzaaier Date of transaction: 6 June 2023 Nature of transaction: On market disposal of Afrocentric shares Class of securities: Ordinary shares Number of securities: 50 000 Price per security: R4.00 Value of transaction: R200 000.00 Nature of interest: Direct Beneficial Clearance obtained: Yes Name of Director Hannes Boonzaaier Date of transaction: 7 June 2023 Nature of transaction: On market disposal of Afrocentric shares Class of securities: Ordinary shares Number of securities: 150 000 Weighted average price per security: R4.15666 Highest traded price per security on the R4.25 market on the day: Lowest traded price per security on the R4.00 market on the day: Value of transaction: R623 500.00 Nature of interest: Direct Beneficial Clearance obtained: Yes Name of Director Hannes Boonzaaier Date of transaction: 8 June 2023 Nature of transaction: On market disposal of Afrocentric shares Class of securities: Ordinary shares Number of securities: 40 000 Price per security: R4.04 Value of transaction: R161 600.00 Nature of interest: Direct Beneficial Clearance obtained: Yes Johannesburg 9 June 2023 JSE Sponsor to AfroCentric Questco Corporate Advisory Proprietary Limited Date: 09-06-2023 11:47:00 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.