Dealing in securities by the Company Rand Merchant Investment Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2010/005770/06) ISIN: ZAE000210688 JSE ordinary share code: RMI ("RMI" or "the Company") DEALING IN SECURITIES BY THE COMPANY As announced on 24 March 2021, RMI bought call options to hedge the forfeitable share awards issued to participants to the RMI share incentive scheme. RMI has now exercised a portion of these call options and extended the remaining balance. In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Company : RMI Date of original transaction : 19 March 2021 Nature of original transaction : Off-market acquisition of RMI call options Class and number of securities : Call options on 1 001 021 RMI acquired ordinary shares Original spot reference : 3 057.38 cents per RMI ordinary share Original premium per option : 3 051.884 cents per RMI ordinary share Original premium paid : R30 550 000 Strike price : 0.01 cents per RMI ordinary share Expiry reference price : Arithmetic average of the closing price for 5 days up to and including the expiry date Number of call options : Call options on 54 477 RMI exercised ordinary shares Cash settlement received on : R2 024 686.73 call options exercised Number of call options : Call options on 946 544 RMI extended ordinary shares Premium received on call : R104 119.84 options extended New expiry date : 13 October 2022 Date of cash receipt : 7 October 2021 Nature of interest : Direct beneficial Clearance obtained : Yes Rosebank 11 October 2021 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 11-10-2021 05:20:00 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.