Amended Notice of Annual General Meeting (“AGM”) and Form of Proxy Invicta Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1966/002182/06) Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773 Preference Share code: IVTP Preference Share ISIN: ZAE000173399 (“Invicta” or “the Company”) Amended Notice of Annual General Meeting (“AGM”) and Form of Proxy Shareholders are referred to the Summary of Audited Consolidated Results and Notice of AGM, published on 24 July 2019 and are advised that the Notice of AGM and Form of Proxy have been amended and re-issued. The reason for the amendments is to align the wording and figures of special resolution 1 between the Notice of AGM and the Proxy Form. The amended Notice of AGM and Form of Proxy are available on our website www.invictaholdings.co.za/annual-reports/ and will be posted to those shareholders who have not elected to receive electronic communication on Friday, 26 July 2019. Printed copies can also be requested from info@invictaholdings.co.za. Shareholders are advised that the salient dates in respect of the annual general meeting remain unchanged and the annual general meeting will be held at Invicta’s registered office on the 3rd Floor, Pepkor House, 36 Stellenberg Road, Parow Industria, Cape Town on Thursday, 26 September 2019 at 09:30. Cape Town 25 July 2019 Sponsor Deloitte & Touche Sponsor Services (Pty) Ltd Date: 25/07/2019 11:16:00 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.