ADCOCK INGRAM HOLDINGS LIMITED - Dealings in securities by the Adcock Ingram Employee Share Trust, by directors and by the company secretary

Dealings in securities by the Adcock Ingram Employee Share Trust, by directors and by the company secretary

Adcock Ingram Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2007/016236/06)
Share code: AIP
ISIN: ZAE000123436
('Adcock Ingram' or 'the Company')

DEALING IN SECURITIES BY THE ADCOCK INGRAM HOLDINGS LIMITED EMPLOYEE SHARE
TRUST (2008) AND ACCEPTANCE OF CONDITIONAL SHARE AWARD ALLOCATIONS BY
DIRECTORS AND BY THE COMPANY SECRETARY

In compliance with the Listings Requirements of the JSE Limited, shareholders are advised of the
following:

Dealing in securities by the Adcock Ingram Holdings Limited Employee Share Trust (2008)

The Adcock Ingram Holdings Limited Employee Share Trust (2008) has, after obtaining the requisite
clearance, purchased Adcock Ingram ordinary shares in the open market in order to fulfil its obligations
arising from the exercise of options by participants. The ordinary shares are a direct beneficial interest
to the participants. The details are set out below.

 Company                                                 Adcock Ingram Limited Employee Share Trust
                                                         (2008)
 Date of transaction                                     03 September 2024
 Nature of transaction                                   On-market purchase of securities
 Number of securities                                    38 397
 Class of securities                                     Ordinary shares
 Purchase price                                          R65.20 per share
 Value of transaction                                    R2 503 484.40

Acceptance of Conditional Share Award Allocations

Shareholders are further advised that the following allocations of conditional shares have been awarded
to Executive Directors and the Company Secretary of Adcock Ingram on 21 August 2024 and accepted
off-market by each of them on 3 September 2024, in accordance with the Performance Based Long-
Term Incentive Scheme (PBLTIS) rules.

Vesting, of which 75% occurs after three years and 25% after four years, is subject to the achievement
of certain performance conditions. Performance will be measured over the three-year performance
period from 1 July 2024 until 30 June 2027.

 Executive directors           Scheme               Number of conditional        Deemed transaction
                                                             share awards                    value*

 Andrew Hall                   PBLTIS                             193 000               R12 691 680
 Dorette Neethling             PBLTIS                              85 000                R5 589 600
 Basadi Letsoalo               PBLTIS                              75 000                R4 932 000

 Company secretary
 Lucky Phalafala               PBLTIS                              30 000                R1 972 800

*Based on the prevailing market price of an Adcock Ingram share at 3 September 2024 of R65.76.

The nature and extent of the interest of the directors and the company secretary, which relates to the
respective transactions as outlined above, is direct and beneficial.

Clearance has been received in respect of the above transactions.

Midrand
5 September 2024


Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 05-09-2024 09:10:00
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