Adcorp Holdings Limited approved and declared a final gross dividend of 47.0 cents per ordinary share, payable on August 22, 2022, from income reserves, for the year ended February 28, 2022. The dividend is subject to a South African dividend withholding tax rate of 20%, resulting in a net dividend of 37.6 cents per ordinary share, unless the shareholder is exempt from paying dividend tax or is entitled to a reduced rate of dividend tax in terms of an applicable double-taxation agreement. Last day to trade cum dividend: August 16, 2022.

Securities commence trading ex dividend: August 17, 2022. Record date for purposes of determining the registered August 19, 2022 holders of ordinary shares to participate in the dividend at close of business on.