CAPITEC BANK HOLDINGS LIMITED - Dealing In Securities By An Associate Of A Director

Dealing In Securities By An Associate Of A Director

CAPITEC BANK HOLDINGS LIMITED
Registration Number: 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
Share Code: CPI
ISIN Number: ZAE000035861
("Capitec")

DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the following
information, relating to the dealing in securities by an associate of a
director is disclosed.

Shareholders are referred to the announcement released on SENS on 30 August
2023, with regards to the hedging and financing transaction concluded by
Kalander Sekuriteit (Pty) Ltd ("Kalander") over a portion of its shareholding
in Capitec (the "Prior Transaction").

Shareholders are now advised that Kalander has cash settled and refinanced
the Prior Transaction by implementing a new hedging and re-financing
transaction (the "Refinancing Transaction"), the relevant details of which
are set out below:

NAME OF DIRECTOR                   M S du P le Roux
NAME OF ASSOCIATE                  Kalander
DIRECTOR'S RELATIONSHIP WITH       Mr Le Roux is a director of Kalander
ASSOCIATE
COMPANY OF WHICH A DIRECTOR        Capitec
STATUS: EXECUTIVE/NON-EXECUTIVE    Non-Executive Director
TYPE AND CLASS OF SECURITIES       Ordinary Shares
NUMBER OF SECURITIES TRANSACTED    407,763
DEEMED VALUE OF SECURITIES         R1,818,667,833.93 (based on a share price
TRANSACTED                         of R4,460.11)
NATURE OF DEALING                  Funded Option Transaction
DATE OF DEALING                    28 May 2026
PUT STRIKE PRICE                   R2,650.08
CAP PRICE                          R6,404.36
OPTION STYLE                       European
EXPIRY DATE                        1.06 years on average
MAXIMUM FINANCIAL OBLIGATION       R1,080,604,571.04
NUMBER OF SHARES PROVIDED AS       407,763
SECURITY/COLLATERAL
TRADE                              Off Market
NATURE AND EXTENT OF THE           Indirect, non-beneficial
DIRECTOR'S INTEREST IN THE
DEALING

The hedging counterparty shall provide Kalander with loan financing for the
duration of the Refinancing Transaction. The maximum financial obligation
under that financing arrangement, including all interest thereon, will never
exceed the total number of shares hedged multiplied by the put strike price.
Kalander will therefore always be in the position to fully cover the liability
under the financing arrangement with the hedged shares.

1 June 2026
Stellenbosch

Sponsor
PSG Capital

Date: 01-06-2026 04:55:00
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