Voluntary announcement – Plush Professional Leather Care Proprietary Ltd acquisition ADCOCK INGRAM HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/016236/06) Share code: AIP ISIN ZAE000123436 ("Adcock Ingram" or "the Company") VOLUNTARY ANNOUNCEMENT – PLUSH PROFESSIONAL LEATHER CARE PROPRIETARY LTD ACQUISITION Shareholders are referred to the voluntary announcement released on the Stock Exchange News Service on 18 March 2020 regarding the acquisition of Plush Professional Leather Care Proprietary Limited ("Plush"). Adcock Ingram is pleased to announce that all conditions precedent, including regulatory approvals, have been met on 13 May 2020 and the acquisition is now unconditional. The final closing of the transaction will take place before the end of May 2020. Plush will operate as a separate company within the Adcock Ingram group, reporting into and managed within the Consumer division. Midrand 14 May 2020 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 14-05-2020 05:01:00 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.