Exercise of Options in Terms of the Alaris Holdings Share Incentive Scheme ALARIS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/011142/06) Share code: ALH ISIN: ZAE000201554 (“Alaris” or “the Company”) EXERCISE OF OPTIONS IN TERMS OF THE ALARIS HOLDINGS SHARE INCENTIVE SCHEME In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of options is disclosed: NAME OF DIRECTOR Gisela Heyman COMPANY OF WHICH A DIRECTOR Alaris Holdings Limited STATUS Executive director TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Acquisition of ordinary shares through the exercise of options in terms of Alaris Holdings Share Incentive Scheme (off- market transaction) DATE OF EXERCISE OF OPTIONS 19 March 2019 VESTING DATE OF OPTIONS EXERCISED 12 September 2018 OPTION STRIKE PRICE R2.30 NUMBER OF OPTIONS EXERCISED 125 000 TOTAL RAND VALUE OF OPTIONS R287 500 EXERCISED NUMBER OF ALARIS SHARES TO BE 8 854 RECEIVED AS NET SETTLEMENT PERIOD OF EXERCISE Based on an extension of the exercise period of this tranche by the board on 11 October 2018, participants have until 11 April 2019 during which options can be exercised. NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Pretoria 25 March 2019 Designated Adviser PSG Capital Date: 25/03/2019 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.