Alexander Forbes : Dealings in securities by executive director

Alexander Forbes Group Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2006/025226/06)

ISIN: ZAE000191516

Share Code: AFH

(the Company or Alexforbes or the Group)

DEALINGS IN SECURITIES BY EXECUTIVE DIRECTOR

In accordance with paragraph 3.63 of the JSE Limited Listings Requirements (the Listings Requirements), shareholders are advised that an Executive director has elected to offer vested shares received under the Company's Long Term Incentive Share Plan (Forfeitable and Restricted Share Scheme 2015) into the Partial Offer announced by the Company on 18 July 2022.

Clearance in terms of paragraph 3.66 of the Listings Requirements and the Company's securities dealing and information policy have been received in respect of this election.

Chief Executive Officer	:
Date of transaction	:
Nature of transaction	:
Class of securities	:
Number of securities	:
Transaction value

(based on Partial Offer price of R5.05) :

Nature of interest

:

DJ de Villiers

4 August 2022

Off-market election to offer ordinary shares into the Partial Offer

Ordinary shares 2 257 301

R11 399 370

Direct beneficial

Carina Wessels

Executive: Governance, Legal, Compliance and Sustainability

4 August 2022

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)