Notification of change in auditor Adcock Ingram Holdings Limited (Registration number 2007/016236/06) (Incorporated in the Republic of South Africa) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram" or "the Company") Notification of change in auditor Shareholders are hereby advised that in terms of paragraph 3.78 of the JSE Listings Requirements that PriceWaterhouseCooper Inc (PWC) have been appointed as the Company’s external auditor, with Mr Keeran Ramnarian as designated audit partner for the financial year ending 30 June 2020, replacing Ernst and Young (EY). The appointment is subject to shareholder approval at the Company’s upcoming annual general meeting. The change in the audit firm was initiated by the Company to comply with the Independent Regulatory Board for Auditors’ (IRBA), procedure which requires a Company to rotate its external auditor if a firm has served as the appointed auditor for 10 or more consecutive financial years before the financial year commencing on or after 01 April 2023. EY has been the Company’s external auditor since listing in 2008, hence the decision by the Company to implement the rotation for the 30 June 2020 financial year. The change in audit firm will be effective 22 November 2019 and is subject to shareholder approval at the Company’s upcoming annual general meeting. Midrand 27 August 2019 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27/08/2019 03:30:00 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.
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