Dealing in securities by an associate of directors Nictus Limited Incorporated in the Republic of South Africa Registration number: 1981/011858/06 ISIN code: NA0009123481 JSE share code: NCS (“Nictus” or the “Company”) DEALING IN SECURITIES BY AN ASSOCIATE OF DIRECTORS In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements (“Listings Requirements”), Nictus hereby advises its shareholders of the following transaction in securities by an associate of directors of the Company: Names of directors: NC Tromp, Gerard Swart, PJ de W Tromp and GR de V Tromp Associate: Trocor (Pty) Ltd (registration number 1981/006086/07) (“Trocor”), a company of which Mr NC Tromp is a director, which company is wholly owned by Saffier Trust (registration number T93/97), a trust of which Mr Gerard Swart is a trustee, but not a beneficiary, Mr PJ de W Tromp is a beneficiary but not a trustee, and of which Messrs NC Tromp and GR de V Tromp are trustees and beneficiaries Nature of transaction: Purchase of Nictus shares Class of securities: Ordinary shares Date of transaction: 18 September 2020 Number of ordinary shares: 10 000 shares Price per ordinary price: R0.70 Total value of transaction: R7 000.00 Transaction completed: On-market Nature and extent of interest: Indirect, non-beneficial in the case of Mr Gerard Swart, and indirect beneficial in the case of Messrs NC Tromp, PJ de W Tromp and GR de V Tromp Clearance received in terms of paragraph Yes 3.66 of the Listings Requirements: Nictus shareholders (“Shareholders”) are referred to the announcement published on SENS on 7 February 2020 in relation to a dealing in securities by Trocor (“Previous Announcement”). Mr PJ de W Tromp was incorrectly excluded from and certain information regarding the associate was incorrectly disclosed in the Previous Announcement. Shareholders should therefore consider the updated disclosure regarding the names of the directors and details of the associate, as contained in this announcement, when referring to the Previous Announcement. Randburg 21 September 2020 Sponsor One Capital Date: 21-09-2020 01:35:00 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.