Retirement Of Director And Change In Membership Of Committees 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”) RETIREMENT OF DIRECTOR AND CHANGE IN MEMBERSHIP OF COMMITTEES Shareholders are advised, further to the SENS announcement released on 30 April 2020, that David Samuels will retire from Invicta’s board on 31 July 2020. The Board thanks David for the decades of service to Invicta and wishes him well in his retirement. Shareholders are further advised that the Board has resolved to appoint an investment committee and to reconstitute the composition of its committees. The membership of the committees will be as follows, effective 31 July 2020: Audit Committee: Rashid Wally (chairman) Frank Davidson Mpho Makwana Social and Ethics Committee: Mpho Makwana Rashid Wally Lance Sherrell Steven Joffe Remuneration Committee: Mpho Makwana Christo Wiese Rashid Wally Nominations Committee: Christo Wiese Mpho Makwana Rashid Wally Investment Committee: Jacob Wiese Iaan van Heerden Frank Davidson Steven Joffe Johannesburg 27 July 2020 Company Secretary: Lize Dubery Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd Date: 27-07-2020 09:45:00 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.