Fulfilment of conditions precedent to the disposal of the Scitec business Ascendis Health Limited (Registration number 2008/005856/06) (Incorporated in the Republic of South Africa) Share code: ASC ISIN: ZAE000185005 (“Ascendis Health” or “the Company”) Fulfilment of conditions precedent to the disposal of the Scitec business Shareholders are referred to the announcement published by the Company on 16 April 2020 relating to the disposal of Ascendis Health’s Scitec business in its Consumer Health segment for a total consideration of €5 million (“the Scitec Transaction”). The board of directors of Ascendis Health is pleased to advise that all conditions precedent to the Scitec Transaction have been fulfilled and accordingly the Scitec Transaction has become unconditional. The effective date of the Scitec Transaction is 31 July 2020. Johannesburg 31 July 2020 Sponsor Questco Corporate Advisory Proprietary Limited Date: 31-07-2020 02:15:00 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.