Director’s dealing in securities HUDACO INDUSTRIES LIMITED (“Hudaco” or the “Company”) Incorporated in the Republic of South Africa Registration number 1985/004617/06 Share code: HDC & ISIN: ZAE000003273 DIRECTOR’S DEALING IN SECURITIES Name of company : Hudaco Name of director : GR Dunford Designation : Chief executive Date of transaction : 22 May 2020 Nature of transaction no 1 : Acquisition of 1 522 Hudaco ordinary shares at the current market price of R55.80 per share (on market) Value of transaction 1 : R84 927.60 Date of transaction no 2 : 22 May 2020 Nature of transaction no 2 : Acquisition of 6 425 Hudaco ordinary shares at the current market price of R56.00 per share (on market) Value of transaction no 2 : R359 800.00 Date of transaction no 3 : 25 May 2020 Nature of transaction no 3 : Acquisition of 969 Hudaco ordinary shares at the current market price of R55.81 per share (on market) Value of transaction no 3 : R54 079.89 Date of transaction no 4 : 25 May 2020 Nature of transaction no 4 : Acquisition of 8 823 Hudaco ordinary shares at the current market price of R56.00 per share (on market) Value of transaction no 4 : R494 088.00 Nature of interest : Direct beneficial Clearance obtained : Yes EDENVALE 26 May 2020 Sponsor: Nedbank Corporate and Investment Banking Date: 26-05-2020 02:30:00 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.