Results of rights offer Ascendis Health Limited (Registration number 2008/005856/06) (Incorporated in the Republic of South Africa) Share code: ASC ISIN: ZAE000185005 (“Ascendis” or “the Company”) RESULTS OF RIGHTS OFFER 1. INTRODUCTION Shareholders of Ascendis (“Shareholders”) are referred to the announcement released on SENS on 26 July 2022 wherein Shareholders were advised that the board of directors of Ascendis has resolved to raise an amount of R101 530 000 by way of a fully underwritten non-renounceable rights offer (the “Rights Offer”), through an offer of 143 000 000 new Ascendis shares at an issue price of 71 cents per share, in the ratio of 29.70633 Rights Offer shares for every 100 Ascendis shares held on the record date for participating in such Rights Offer. The Board continues to make progress towards providing a stable and value accretive base for the future of the Ascendis Group. This entails reducing the debt to sustainable levels and the retention and capacitation of businesses that lay the foundation for the Group to achieve its growth plans and return to scale. 2. RESULTS OF RIGHTS OFFER The Rights Offer closed on Friday, 19 August 2022. The results of the Rights Offer are set out below: Number of Rights % of Rights Offer Offer Shares shares Rights Offer shares available for subscription 143 000 000 100% Rights Offer shares subscribed for 46 660 427 32.63% Excess applications for Rights Offer shares received 111 778 429 78.17% Rights Offer shares allocated for excess applications 96 339 573 67.37% Rights Offer shares allocated to the Underwriter - - 3. ISSUE OF RIGHTS OFFER SHARES Share certificates will be posted to certificated Shareholders who followed their rights on or about Monday, 22 August 2022. The Central Securities Depository Participant (“CSDP”) or broker accounts of holders of dematerialised shares who followed their rights will be credited with the Rights Offer shares and debited with any payments due on Monday, 22 August 2022. 4. EXCESS APPLICATIONS The excess Rights Offer shares applied for will be allocated in a manner viewed as equitable in terms of the JSE Listings Requirements, taking cognisance of the number of shares held by the Shareholder, including those taken up as a result of the Rights Offer and the number of excess Rights Offer shares applied for by such Shareholder. Share certificates will be posted to holders of certificated shares who have been allocated excess Rights Offer shares on or about Wednesday, 24 August 2022. The CSDP or broker account of holders of dematerialised shares who have been allocated excess Rights Offer shares, will be credited with the excess Rights Offer shares on or about Wednesday, 24 August 2022. Refund payments in respect of unsuccessful applications will be made to the relevant applicants on or about Wednesday, 24 August 2022. No interest will be paid on monies received in respect of unsuccessful applications. 5. RIGHTS OFFER SHARES ISSUED TO DIRECTORS OF ASCENDIS AND THEIR ASSOCIATES Shareholders are advised that the following Rights Offer Shares were issued to directors of Ascendis and their associates. Class of security: Ordinary shares Date of transaction: 22 August 2022 Nature of transactions: Purchase in terms of Rights Offer Price per security: R0.71 Written clearance obtained: N/A Name of director: Harry Smit Nature and extent of interest: Direct beneficial Number of securities: 210 354 Total value: R149 351.34 Name of director: Bharti Harie Nature and extent of interest: Direct beneficial Number of securities: 1 054 Total value: R748.34 Name of director: Carl Neethling Nature and extent of interest: Direct beneficial Number of securities: 2 083 544 Total value: R1 479 316.24 Name of director: Bharti Harie Name of associate: Grenture (Pty) Ltd Nature and extent of interest: Indirect beneficial – Bharti Harie is a beneficiary of the trust that is the shareholder of the company Number of securities: 56 323 Total value: R39 989.33 Name of director: Bharti Harie Name of associate: Rajeev Batohi Nature and extent of interest: Indirect non-beneficial – Bharti Harie is the spouse of Rajeev Batohi Number of securities: 1 941 Total value: R1 378.11 Name of director: Carl Neethling Name of associate: Dendrobium (Pty) Ltd Nature and extent of interest: Indirect beneficial – Carl Neethling is a director Number of securities: 24 401 879 Total value: R17 325 334 Name of director: Carl Neethling Name of associate: Blee Beleggings (Pty) Ltd Nature and extent of interest: Indirect non-beneficial – Carl Neethling is a director Number of securities: 5 027 483 Total value: R3 569 512.93 22 August 2022 Bryanston Sponsor: Questco Proprietary Limited Date: 22-08-2022 04:15:00 Produced by the JSE SENS Department. 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