Directors’ dealing in securities Hudaco Industries Limited (“Hudaco” or “the company”) Incorporated in the Republic of South Africa Registration number: 1985/004617/06 Share code: HDC ISIN code: ZAE000003273 DIRECTORS’ DEALING IN SECURITIES Name of the company : Hudaco Name of director : GR Dunford Designation : Chief executive Date of transactions : 26 July 2021 Nature of transaction 1 : Automatic exercise at expiry date of 44 480 share appreciation rights with a strike price of R92.04 under the Hudaco Industries Share Appreciation Plan at a VWAP price of R130.86. Settled by the delivery of 13 195 Hudaco ordinary shares (off market). Value of transaction 1 : R1 726 697.70 Nature of transaction 2 : Sale of 5 719 Hudaco ordinary shares at the current market price of R137.02 per share (on market) to settle the tax liability arising on transaction 1. Value of transaction 2: : R783 617.38 Nature of interest : Direct beneficial Written clearance obtained : Yes Name of director : CV Amoils Designation : Financial director Date of transactions : 26 July 2021 Nature of transaction 1 : Automatic exercise at expiry date of 15 808 share appreciation rights with a strike price of R92.04 under the Hudaco Industries Share Appreciation Plan at a VWAP price of R130.86. Settled by the delivery of 4 689 Hudaco ordinary shares (off market). Value of transaction 1 : R613 602.54 Nature of transaction 2 : Sale of 2 033 Hudaco ordinary shares at the current market price of R137.01 per share (on market) to settle the tax liability arising on transaction 1. Value of transaction 2: : R278 541.33 Nature of interest : Direct beneficial Written clearance obtained : Yes Edenvale 27 July 2021 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 27-07-2021 01:30:00 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.