Exercise and Related Settlement of Share Options in terms of the Stadio Holdings Limited Share Incentive Trust STADIO HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2016/371398/06) Share code: SDO ISIN: ZAE000248662 LEI: 3789007C8FB26515D966 (“STADIO Holdings” or “the Company”) EXERCISE AND RELATED SETTLEMENT OF SHARE OPTIONS IN TERMS OF THE STADIO HOLDINGS LIMITED SHARE INCENTIVE TRUST Upon the exercise of the share options referred to below, STADIO Holdings elected to settle same on an after-tax settlement basis, either on a net-equity or full basis, through the award of shares or by way of cash settlement as detailed below: 1. NAME OF DIRECTOR Dr Divya Singh COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares OPTION STRIKE PRICE R2.96 NUMBER OF OPTIONS EXERCISED 439 189 VESTING DATE OF OPTIONS 3 October 2021 EXERCISE DATE OF OPTIONS After close of business on 6 October 2021 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE OF TRANSACTION Exercise of options by the director at the last traded share price of R3.10 on 6 October 2021, and related after-tax equity settlement by way of the award of 430 606 shares to the director (Off-market transaction) NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION 2. NAME OF DIRECTOR Ms Samara Totaram COMPANY OF WHICH A DIRECTOR STADIO Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares OPTION STRIKE PRICE R2.96 NUMBER OF OPTIONS EXERCISED 431 210 VESTING DATE OF OPTIONS 3 October 2021 EXERCISE DATE OF OPTIONS After close of business on 6 October 2021 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE OF TRANSACTION Exercise of options by the director at the last traded share price of R3.10 on 6 October 2021, and related after-tax net equity settlement by way of cash of R35,267.73 to the director NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION 3. NAME OF PRESCRIBED OFFICER Mr Jacobus Johannes Human COMPANY OF WHICH A PRESCRIBED STADIO Holdings Limited OFFICER TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares OPTION STRIKE PRICE R2.96 NUMBER OF OPTIONS EXERCISED 775,828 VESTING DATE OF OPTIONS 3 October 2021 EXERCISE DATE OF OPTIONS After close of business on 6 October 2021 PERIOD OF EXERCISE Participants have a 30-day period from the vesting date during which options can be exercised NATURE OF TRANSACTION Exercise of options by the director at the last traded share price of R3.10 on 6 October 2021, and related after-tax net equity settlement by award of 20,616 shares to the director NATURE AND EXTENT OF INTEREST Direct, beneficial IN THE TRANSACTION Clearance for the above was obtained in accordance with paragraph 3.66 of the JSE Listings Requirements. Durbanville 7 October 2021 Sponsor PSG Capital Independent joint sponsor UBS South Africa Date: 07-10-2021 05:50:00 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.