The board of directors of Novus Holdings Limited had declared a gross cash dividend of 50 ZAR cents per ordinary Novus share (‘Cash Dividend’) for the year ended 31 March 2021 and that shareholders will be entitled to elect to receive a scrip distribution alternative of new, fully-paid ordinary shares (‘Shares’) in proportion to their ordinary shareholding in Novus on the Record Date being 10 September 2021 (‘Record Date’) instead of the Cash Dividend (‘Scrip Distribution Alternative’). For the avoidance of doubt, shareholders who do not elect to receive the Scrip Distribution Alternative, will automatically receive the Cash Dividend (the Cash Dividend is the default option).