Invicta : Disclosure of a change in shareholding

Invicta Holdings Limited

(Incorporated in the Republic of South Africa) (Registration number 1966/002182/06)

Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773

Preference Share code: IVTP Preference Share ISIN: ZAE000173399 ("Invicta" or "the Company")

Disclosure of a change in shareholding

In accordance with section 122(3)(b) of the Companies Act No. 71 of 2008, as amended (the "Companies Act") and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that Coronation Asset Management (Pty) Ltd ("Coronation"), on behalf of its clients, has acquired a beneficial interest in the ordinary shares of the Company, resulting in the total beneficial interest in ordinary shares held by Coronation on behalf of its clients, increasing to 15.01% of the total issued Invicta ordinary shares.

The board of Invicta accepts responsibility for the information contained in this announcement and, to the best of their knowledge and belief, such information is true and this announcement does not omit anything likely to affect the importance of such information included.

Invicta has filed the required notice with the Takeover Regulation Panel.

26 May 2022

Sponsor

Nedbank Corporate and Investment Banking, a division of Nedbank Limited