Section 122 Notice Disposal of Shares PSV Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/004365/06) Share code: PSV ISIN: ZAE000078705 (“PSV” or “the Company” or “the Group”) SECTION 122 NOTICE DISPOSAL OF SHARES In accordance with Section 3.83(b) of the JSE Listings Requirements, the Company confirms that it has received the following notices in accordance with Section 122 of the Companies Act, No. 71 of 2008: Regis Holdings Limited (“Regis”) has disposed of its total beneficial interest of 34.99% in the Company to Drill Stem Testing International Limited (“DSTI”), a subsidiary of Regis with effect from 30 April 2021and DSTI has acquired a 34.99% beneficial interest in the total issued share capital of the Company with effect from 30 April 2021. As required in terms of Section 122 (3)(a) of the Companies Act, PSV will file the required notices with the Takeover Regulation Panel. Responsibility Statement The Board of directors of PSV accepts responsibility for the information contained in this announcement. To the best of its knowledge and belief, the information contained in this announcement is true and nothing has been omitted from this announcement which is likely to affect the importance of the information. Johannesburg 6 May 2021 Designated Advisor AcaciaCap Advisors Proprietary Limited Date: 06-05-2021 01:50:00 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.