Disclosure of significant holding of Alexforbes ordinary shares Alexander Forbes Group Holdings Limited (Incorporated in the Republic of South Africa) (Registration Number: 2006/025226/06) JSE Share Code: AFH and ISIN: ZAE000191516 Alexforbes or the company) DISCLOSURE OF SIGNIFICANT HOLDING OF ALEXFORBES ORDINARY SHARES In accordance with paragraph 122(3)(b) of the Companies Act 71 of 2008, as amended (the Companies Act), regulation 121(2)(b) of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that the company has received formal notification that The Public Investment Corporation SOC Limited has disposed of ordinary shares in the company such that it now holds 4.449% of the total issued ordinary shares. As required in terms of section 122(3)(a) of the Companies Act, the company has filed the required notice with the Takeover Regulation Panel. The board of directors of the company accepts responsibility for the information contained in this announcement as it relates to the company and confirms that, to the best of its knowledge and belief, such information relating to the company is true and that this announcement does not omit anything likely to affect the importance of such information. Carina Wessels Executive: Governance, Legal, Compliance and Sustainability 5 January 2024 Sandton Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 05-01-2024 07:05:00 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.