Dealing in securities by directors of the Company, the Company Secretary and a Director of Major Subsidiaries AfroCentric Investment Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1988/000570/06) JSE Code: ACT ISIN: ZAE000078416 ("the Company" or "AfroCentric") Dealing in securities by directors of the Company, the Company Secretary and a Director of Major Subsidiaries In compliance with the terms of paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the Company hereby discloses the following director's dealings in AfroCentric shares relating to the acceptance of awards of shares in terms of the AfroCentric Forfeitable Share Scheme, adopted by AfroCentric at the annual general meeting held on 10 November 2022 (the "AfroCentric Forfeitable Share Scheme"): Name of Director: Gerald van Wyk Designation: Chief Executive Officer of AfroCentric Date of transaction: 10 May 2024 Class of securities: Ordinary shares Number of securities obtained: 1 071 429 Value of transaction: R3 525 001.41 Price per security: R3.29 Nature of transaction: Off-market acceptance of an award of shares in terms of the AfroCentric Forfeitable Share Scheme Nature of interest: Direct beneficial Date of vesting of award: 1 November 2026 Clearance obtained: Yes Name of Director: Aklaaq Mahmood Designation: Executive Director of Medscheme, a major subsidiary of the Company Date of transaction: 8 May 2024 Class of securities: Ordinary shares Number of securities obtained: 409 000 Value of transaction: R 1 345 610 Price per security: R3.29 Nature of transaction: Off-market acceptance of an award of shares in terms of the AfroCentric Forfeitable Share Scheme Nature of interest: Direct beneficial Date of vesting of award: 1 November 2026 Clearance obtained: Yes Name of Director: Mujeeb Bray Designation: Executive Director of Medscheme, a major subsidiary of the Company Date of transaction: 6 May 2024 Class of securities: Ordinary shares Number of securities obtained: 413 374 Value of transaction: R1 360 000.46 Price per security: R3.29 Nature of transaction: Off-market acceptance of an award of shares in terms of the AfroCentric Forfeitable Share Scheme Nature of interest: Direct beneficial Date of vesting of award: 1 November 2026 Clearance obtained: Yes Name of Director: Lebohang Mpumlwana Designation: Group Company Secretary Date of transaction: 10 May 2024 Class of securities: Ordinary shares Number of securities obtained: 268 997 Value of transaction: R885 000.13 Price per security: R3.29 Nature of transaction: Off-market acceptance of an award of shares in terms of the AfroCentric Forfeitable Share Scheme Nature of interest: Direct beneficial Date of vesting of award: 1 November 2026 Clearance obtained: Yes Johannesburg 10 May 2024 JSE Sponsor to AfroCentric Questco Corporate Advisory Proprietary Limited Date: 10-05-2024 04:00:00 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.