Secondary listing on A2X Hudaco Industries Limited Incorporated in the Republic of South Africa Registration number: 1985/004617/06 Share code: HDC ISIN: ZAE000003273 SECONDARY LISTING ON A2X Hudaco Industries Limited (“Hudaco”) is pleased to advise shareholders that its ordinary shares will be traded on A2X with effect from 5 May 2020 (the ‘A2X listing date’). Hudaco will retain its primary listing on the Johannesburg Stock Exchange (JSE) and its issued share capital will be unaffected by the secondary listing on A2X. Hudaco’s ordinary shares will be available to be traded on both the JSE and A2X from the A2X listing date. A2X is a licensed stock exchange authorised to provide a secondary listing venue for companies and is regulated by the Financial Sector Conduct Authority and Prudential Authority, South African Reserve Bank in South Africa in terms of the Financial Markets Act 19 of 2012. Johannesburg 28 April 2020 Sponsor Nedbank Corporate and Investment Banking Date: 28-04-2020 08:00:00 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.