Tradehold : Change of dividend payment date

TRADEHOLD LIMITED

(Registration number: 1970/009054/06) ("Tradehold" or "the Company")

Incorporated in the Republic of South Africa Share code: TDHBP

ISIN: ZAE000253050

CHANGE OF DIVIDEND PAYMENT DATE

Notice is hereby given that:

Shareholders are referred to the previous SENS announcement dated 23 February 2022 whereby a gross cash dividend ("the Cash Dividend") of 1432.31342 cents per "B" Preference Share was declared.

Shareholders are advised that the payment date will now be Tuesday, 15 March 2022. All other salient dates applicable to the dividend remain unchanged.

The Cash Dividend constitutes a foreign dividend, as defined in section 1 of the Income Tax Act, 1962 ("ITA"), and is a dividend for purposes of dividends tax ("DT") imposed under Part VIII of Chapter II of the ITA, since the "B" Preference Shares are listed on the JSE Limited and thus constitute a "listed share", as contemplated in section 64D of the ITA.

An exemption from DT is provided for in the ITA in respect of:

1. foreign dividends paid to a South African resident company; or
2. dividends paid to a non-resident to the extent that the dividend is paid by a foreign company in respect of listed shares, provided certain administrative procedures are complied with.

In terms of the ITA, DT of 20% will be withheld for those holders of "B" Preference Shares (""B" Preference Shareholders") who are not exempt from DT. "B" Preference Shareholders who are not exempt from DT will therefore receive a net dividend of 1145.85074 cents per "B" Preference Share.

Tradehold's income tax reference number is 9725/126/71/9.

11 March 2022

Cape Town

Joint Debt Sponsor

Nodus Capital Proprietary Limited

Mettle Specialised Finance Proprietary Limited