Granting of long-term Incentive Awards in terms of the 2008 Bidvest CSP THE BIDVEST GROUP LIMITED (“Bidvest” or “The Group”) (Incorporated in the Republic of South Africa) (Registration number 1946/021180/06) JSE Share code: BVT ISIN: ZAE000117321 GRANTING OF LONG-TERM INCENTIVE AWARDS IN TERMS OF THE 2008 BIDVEST CSP In compliance with Rules 3.63 of the JSE Listing Requirements, the following information is disclosed Shareholders are hereby advised that the following off-market delivery in Bidvest ordinary shares has taken place following the granting of conditional share plan awards, previously awarded and accepted in terms of the 2008 Bidvest Group Conditional Share Plan, subject to performance conditions for the period 1 July 2016 to 30 June 2019 and 1 July 2017 to 30 June 2020. The remaining 25% of the 2016 awards vested in September 2020. Vesting of the 2017 awards occur in two tranches, September 2020 and September 2021, at a deemed value of R140 per share. The Remuneration Committee has given approval for the following: NT Madisa 15 532 shares GC McMahon 8 209 shares The nature of interest in for the above transactions is directly beneficial to the respective directors. Date: 9 October 2020 Johannesburg Sponsor: Investec Bank Limited Date: 09-10-2020 08:44:00 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.