Notice in Terms of Section 45(5) of the Companies Act ALARIS HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number 1997/011142/06 Share code: ALH ISIN: ZAE000201554 ("Alaris" or “Company”) NOTICE IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT Notice is hereby given in terms of section 45(5) of the Companies Act, No 71 of 2008 (“Act”), that the board of directors of the Company (“the Board”) has resolved to provide financial assistance for up to USD1 010 000 (Approximately R14.5 million) to Alaris Investment Holdings UK Limited for the purposes of purchasing 100% of the shares in Mwave Industries LLC in accordance with section 45(2) of the Act, pursuant to the authority granted to the Board by the shareholders at the annual general meeting of the Company held on 22 November 2017, which financial assistance exceeds a 10th of 1% of the Company’s net worth. In accordance with section 45 of the Act, the Board is satisfied that immediately after providing such financial assistance, the Company will satisfy the solvency and liquidity test provided for in section 4 of the Act and that the terms of the financial assistance are fair and reasonable to the Company. Cape Town 2 October 2018 Designated Advisor PSG Capital Date: 02/10/2018 07:55:00 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.