DATATEC LIMITED - Results of the Cash Dividend and the Scrip Distribution Alternative

Results of the Cash Dividend and the Scrip Distribution Alternative

                                                                                                           Confidential




Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: JSE: DTC
            OTCQX: DTTLF
("Datatec" or "the Company")


RESULTS OF THE CASH DIVIDEND AND THE SCRIP DISTRIBUTION ALTERNATIVE

Datatec shareholders ("Shareholders") are referred to the announcement regarding the Company's
audited financial results for the year ended 28 February 2025 and declaration of a cash dividend
with a scrip distribution alternative released on the Stock Exchange News Service ("SENS") of the
JSE Limited ("JSE") on Tuesday, 27 May 2025, in terms of which the board of directors of the
Company declared a gross cash dividend of 200 ZAR cents ("Cash Dividend") per Datatec ordinary
share ("Datatec Ordinary Share") held on the record date, being Friday, 18 July 2025 ("Record
Date"). Shareholders were advised that they would be entitled to elect to receive a scrip distribution
of new, fully paid Datatec Ordinary Shares in proportion to their ordinary shareholding in Datatec on
the Record Date instead of the Cash Dividend ("Scrip Distribution" or "Scrip Distribution
Alternative").

Shareholders were entitled to receive the Cash Dividend of 200 ZAR cents per Datatec Ordinary Share
in respect of their shareholding as at the close of trading on the JSE on the Record Date, in proportion
to their ordinary shareholding in Datatec and to the extent that such Shareholders had not elected to
receive the Scrip Distribution Alternative in respect of all or a part of their shareholding.

Shareholders were entitled to elect to receive that number of Scrip Distribution shares determined
in the ratio of 3.21027 Scrip Distribution shares for every 100 Datatec Ordinary Shares held on the
Record Date, instead of the Cash Dividend.

Shareholders recorded in the register of the Company at the close of business on the Record Date
holding 132 922 716 Datatec Ordinary Shares did not elect to receive the Scrip Distribution
Alternative and will therefore receive the gross Cash Dividend of 200 ZAR cents per Datatec
Ordinary Share (where applicable, 160 ZAR cents per Datatec Ordinary Share, net of applicable
Dividend Withholding Tax) resulting in a total gross Cash Dividend of ZAR 265 845 432 which was
paid out of the distributable retained profits of the Company.

In terms of the Scrip Distribution Alternative, 3 314 968 new Datatec Ordinary Shares were issued
today to Shareholders who elected to receive the Scrip Distribution shares in respect of all or part
of their shareholding, resulting in a capitalisation of distributable retained profits of the Company of
ZAR 206 522 737.50.

The Cash Dividend payments were made, and Central Securities Depository Participant/broker
accounts of dematerialised Shareholders and certificated Shareholders were credited today. No
share certificates were dispatched to certificated shareholders in respect of the Scrip Distribution.
                                                 Confidential




Johannesburg
21 July 2025

Sponsor
Pallidus Exchange Services Proprietary limited

Legal Advisors
Bowmans

Date: 21-07-2025 10:00:00
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