Grant And Acceptance Of Forfeitable Share Grants To Directors Alviva Holdings Limited (Incorporated in the Republic of South Africa) Registration number 1986/000334/06 Share Code: AVV ISIN: ZAE000227484 (“Alviva” or “The Company”) GRANT AND ACCEPTANCE OF FORFEITABLE SHARE GRANTS TO DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed: DIRECTORS AND OFFICERS OF ALVIVA HOLDINGS LIMITED Name P Spies Office held Chief Executive Officer Company Alviva Holdings Limited Date of acceptance 21 June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 450 000 Award price R16.59 Total value of award R7 465 500 Nature of interest Direct beneficial Clearance obtained Yes Name RD Lyon Office held Chief Financial Officer Company Alviva Holdings Limited Date of acceptance 21 June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 250 000 Award price R16.59 Total value of award R4 147 500 Nature of interest Direct beneficial Clearance obtained Yes Name JV Parkin Office held Chief Commercial Officer (Prescribed Officer) Company Alviva Holdings Limited Date of acceptance 21 June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 100 000 Award price R16.59 Total value of award R 1 659 000 Nature of interest Direct beneficial Clearance obtained Yes Name SL Grobler Office held Company Secretary Company Alviva Holdings Limited Date of acceptance 21 June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 30 000 Award price R16.59 Total value of award R 497 700 Nature of interest Direct beneficial Clearance obtained Yes DIRECTORS OF MAJOR SUBSIDIARIES Name CJ Brunsden Office held Managing Director Company Axiz (Pty) Ltd Date of acceptance 21 June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 150 000 Award price R16.59 Total value of award R 2 488 500 Nature of interest Direct beneficial Clearance obtained Yes Name CY Li Office held Finance Director Company Axiz (Pty) Ltd Date of acceptance 21June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 70 000 Award price R16.59 Total value of award R1 161 300 Nature of interest Direct beneficial Clearance obtained Yes Name RN Nkuna Office held Human Resource Director Company Axiz (Pty) Ltd Date of acceptance 21 June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 50 000 Award price R16.59 Total value of award R 829 500 Nature of interest Direct beneficial Clearance obtained Yes Name TP Humphreys-Davies Office held Managing Director Company Pinnacle Micro (Pty) Ltd Date of acceptance 21 June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 125 000 Award price R16.59 Total value of award R 2 073 750 Nature of interest Direct beneficial Clearance obtained Yes Name GJ Wiehahn Office held Financial Director Company Pinnacle Micro (Pty) Ltd Date of acceptance 21 June 2019 Off-market acceptance of conditional share grants vesting on or Nature of transaction after 21 June 2022 Class of securities Ordinary shares Number of forfeitable shares 70 000 Award price R16.59 Total value of award R 1 161 300 Nature of interest Direct beneficial Clearance obtained Yes Midrand 24 June 2019 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 24/06/2019 02:38:00 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.