Award And Acceptance Of Options By Directors In Terms Of The Stadio Group Share Incentive Scheme STADIO HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2016/371398/06 Share code: SDO ISIN: ZAE000248662 (“STADIO” or “the Company) AWARD AND ACCEPTANCE OF OPTIONS BY DIRECTORS IN TERMS OF THE STADIO GROUP SHARE INCENTIVE SCHEME In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the award and acceptance of options is disclosed: 1. NAME OF DIRECTOR Dr Chris van der Merwe COMPANY OF WHICH A DIRECTOR Stadio Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares in STADIO NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in STADIO in terms of the STADIO Group Share Incentive Scheme (off-market transaction) DATE OF ACCEPTANCE OF OPTIONS 3 April 2019 DATE OF AWARD OF OPTIONS 3 April 2019 OPTION STRIKE PRICE R3.63 NUMBER OF OPTIONS ACCEPTED 2 580 306 TOTAL RAND VALUE OF OPTIONS R 9 364 000.00 VESTING DATES OF OPTIONS The options will vest in four tranches of 25% each, on the following dates: 3 April 2021 3 April 2022 3 April 2023 3 April 2024 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION 2. NAME OF DIRECTOR Ms Samara Totaram COMPANY OF WHICH A DIRECTOR Stadio Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares in STADIO NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in STADIO in terms of the STADIO Group Share Incentive Scheme (off-market transaction) DATE OF ACCEPTANCE OF OPTIONS 3 April 2019 DATE OF AWARD OF OPTIONS 3 April 2019 OPTION STRIKE PRICE R3.63 NUMBER OF OPTIONS ACCEPTED 1 159 258 TOTAL RAND VALUE OF OPTIONS R4 206 976.00 VESTING DATES OF OPTIONS The options will vest in four tranches of 25% each, on the following dates: 3 April 2021 3 April 2022 3 April 2023 3 April 2024 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE AND EXTENT OF INTEREST IN Direct, beneficial THE TRANSACTION 3. NAME OF DIRECTOR Dr Divya Singh COMPANY OF WHICH A DIRECTOR Stadio Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options to acquire ordinary shares in STADIO NATURE OF TRANSACTION Acceptance of award of options to acquire ordinary shares in STADIO terms of the STADIO Group Share Incentive Scheme (off-market transaction) DATE OF ACCEPTANCE OF OPTIONS 3 April 2019 DATE OF AWARD OF OPTIONS 3 April 2019 OPTION STRIKE PRICE R3.63 NUMBER OF OPTIONS ACCEPTED 1 864 712 TOTAL RAND VALUE OF OPTIONS R6 767 088.00 VESTING DATES OF OPTIONS The options will vest in four tranches of 25% each, on the following dates: 3 April 2021 3 April 2022 3 April 2023 3 April 2024 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date 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. Durbanville 5 April 2019 Sponsor PSG Capital Date: 05/04/2019 03:00:00 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.