Directorate changes Alexander Forbes Group Holdings Limited (Incorporated in the Republic of South Africa) Registration Number: 2006/025226/06 JSE Share Code: AFH and ISIN: ZAE000191516 (the Company) Directorate changes In compliance with paragraph 3.59 of the JSE Limited Listings Requirements shareholders of the Company are advised of the following new appointment and changes in director responsibilities. New appointment The Board is pleased to announce that Ms Ndumi Medupe has been appointed as independent non- executive director and member of the audit and risk committee of the Company with effect from 8 June 2022. Ms Medupe holds a Bachelor of Accounting degree and a Certificate in the Theory of Accounting, as well as a Post Graduate Diploma in Accountancy and is also a CA(SA). She is an experienced non-executive director and currently serves on: • City Lodge as director, risk committee chair and audit committee member. • Swifnet as director, remuneration committee chair and audit and risk- and social and ethics committee member. Previous executive positions, inter alia, include Chief Operating Officer at Nedbank Group Internal Audit, Executive Chair and partner at Nexia SAB&T, Owner, Chief Executive Officer and Director at Indyebo Incorporated and joint Chief Executive Officer at Xabiso. Change in responsibilities Mr Andile Mazwai will be appointed as director of Alexander Forbes Investments Limited and Alexander Forbes Investments Unit Trusts Limited (AFIUT), subject to regulatory approval. The effective date will be on receipt of regulatory approval. The Board welcomes Ms Medupe and looks forward to her contribution. Carina Wessels Executive: Governance, Legal and Compliance 7 June 2022 Sandton Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 07-06-2022 10:35:00 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.