Directors dealings Novus Holdings Limited (Incorporated in the Republic of South Africa) JSE share code: NVS ISIN: ZAE000202149 (“Novus Holdings”, “the Company” or “the Group”) DIRECTOR DEALINGS IN SECURITIES In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, shareholders are advised of the following director dealings in securities in respect of the Novus Holdings Limited Share Appreciation Rights Plan (“SAR Plan”). In terms of the SAR Plan, certain employees of Novus Holdings may be selected to receive “Share Appreciation Rights” or “SARs”, being a conditional right to receive shares in Novus Holdings on relevant vesting dates in the future, subject to certain conditions as may be specified in the award notices issued to participants. In terms of the SAR Plan, participants are required to accept the grant of the SAR within a period specified in the grant letter. The Remuneration Committee has resolved to grant awards to executive directors of Novus Holdings and its major subsidiaries in terms of the Novus Holdings Limited Share Appreciation Rights Plan. The following executive directors of Novus Holdings and its major subsidiaries have been granted awards on 26 July 2019 in terms of the SAR Plan. Director Neil William Birch Company Novus Holdings Limited Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 936 000 Grant price R 4.00 Value of the Transaction R3 744 000.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Director Harry Todd Company Novus Holdings Limited Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 409 500 Grant price R 4.00 Value of the Transaction R1 638 000.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Alternate Director Keshree Alwar Company Novus Holdings Limited Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 148 567 Grant price R 4.00 Value of the Transaction R594 268.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Group Company Secretary Melonie Brink Company Novus Holdings Limited Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 117 000 Grant price R 4.00 Value of the Transaction R468 000.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Director Craig Wright Company Novus Print (Pty) Ltd Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 165 375 Grant price R 4.00 Value of the Transaction R661 500.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Director Paul De Bruin Company Novus Print (Pty) Ltd Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 225 000 Grant price R 4.00 Value of the Transaction R900 000.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Director Ralph Ruthford Company Paarl Coldset (Pty) Ltd Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 210 600 Grant price R 4.00 Value of the Transaction R842 400.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Director Trevor Davies Company I T B MANUFACTURING (PROPRIETARY) LIMITED Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 245 700 Grant price R 4.00 Value of the Transaction R982 800 .00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Director Peter Metcalfe Company Paarl Media Holdings Pty Ltd Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 349 849 Grant price R 4.00 Value of the Transaction R1 399 396.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Director Mike Ehret Company Paarl Media Holdings Pty Ltd Grant Date 26 July 2019 Acceptance Date 26 July 2019 Nature of Transaction Off market grant and acceptance of SARs award Class of Securities Ordinary Shares Number of Awards 319 306 Grant price R 4.00 Value of the Transaction R1 277 224.00 Vesting Period SARs will vest one third (1/3) per annum on the third, fourth and fifth anniversary dates from the date of grant, subject to the exercise thereof by the participant. Nature of the Interest Direct Beneficial Clearance obtained Yes Cape Town 29 July 2019 Sponsor: Investec Bank Limited Date: 29/07/2019 01:16:00 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. 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