ALEXANDER FORBES GROUP HOLDINGS LIMITED - Dealings in securities by prescribed officers

Dealings in securities by prescribed officers

Alexander Forbes Group Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2006/025226/06)
ISIN: ZAE000191516
Share Code: AFH
(the Company or AFGH)

DEALINGS IN SECURITIES BY PRESCRIBED OFFICERS

In compliance with paragraphs 6.77 to 6.89 of the JSE Limited Listings Requirements (Listings
Requirements), shareholders are advised of the following transactions regarding the vesting and settlement of
awards (including conditional and forfeitable) granted to prescribed officers under the Alexforbes Long Term
Incentive Share Plan 2022 (LTIP 2022). The transactions below include two off-market cash settled transactions
and one transaction where the participant elected to retain shares (and the shares that have been cash settled are
to cover the taxes due on the shares that have vested). All interests are direct and beneficial and the transaction
date for all transactions is 1 July 2026. Clearance to deal was obtained in terms of the Listings Requirements and in
accordance with the Company's securities dealing and information policy.

The deemed price per share of R7.60 has been determined with reference to an independent valuation as
approved by the remuneration committee.

Name                                        :    VR Maharaj
Designation                                 :    CEO: Retail
Nature of transaction                       :    Off market vesting, partial cash settlement of vested shares to
                                                 cover income tax obligations
Number of shares vested                     :    558 990
Number of shares settled to cover tax       :    279 495
Number of shares retained                   :    279 495
Total value of transaction                  :    R4 248 324

Name                                        :    TJ Muthige
Designation                                 :    CEO: Growth markets
Nature of transaction                       :    Off market vesting and full cash settlement of vested awards
Number of shares vested                     :    624 792
Transaction value                           :    R4 748 419.20

Name                                        :    B Tladi
Designation                                 :    CEO: Corporate
Nature of transaction                       :    Off market vesting and full cash settlement of vested awards
Number of shares vested                     :    530 608
Transaction value                           :    R4 032 620.80

Carina Wessels
Chief Governance, Risk and Compliance Officer (Group Company Secretary)

1 July 2026

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 01-07-2026 12:33:00
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