MIX TELEMATICS LIMITED - Dealings in securities by directors of major subsidiaries of MiX Telematics

Dealings in securities by directors of major subsidiaries of MiX Telematics

MIX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX ISIN: ZAE000125316
NYSE share code: MIXT
(“MiX Telematics”)


DEALINGS IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES OF MIX TELEMATICS


Shareholders are advised of the following information relating to dealings in securities by a director of major subsidiaries
of MiX Telematics relating to the exercise of share appreciation rights (“SARs”) under the MiX Telematics Limited
Long-Term Incentive Plan (“LTIP”).

Gert Pretorius is exercising 2 200 000 SARs, equating to 1 214 507 ordinary shares, granted to him under the LTIP as
set out in the table below. Gert Pretorius’ intention is to sell 783 231 shares issued to him in respect of these SARs (in
part to cover the immediate tax obligation arising from the exercise). Accordingly, at the conclusion of this transaction,
Gert Pretorius will have increased his shareholding in MiX Telematics by 431 276 shares, bringing his total shareholding
to 1 254 403.

Name of director:                                     Gert Pretorius
Name of subsidiary company:                           Director of MiX Telematics Africa Proprietary Limited,
                                                      MiX Telematics Investments Proprietary Limited and
                                                      MiX Telematics International Proprietary Limited
Transaction date:                                     March 3, 2022
Class of securities:                                  Ordinary shares issued to settle gain from SARs exercised
Nature of transaction:                                Off-market exercise of SARS under the LTIP
Nature and extent of director’s interest:             Direct beneficial
Clearance to deal received:                           Yes

SARS exercised:

Award date                      Number           Award          Exercise         Total gain on         Ordinary shares
                                exercised        price           price                    SARs                  issued
May 30, 2016                     500 000         R2.94           R7.25           R2 154 997.25                 297 241
November 24, 2016                437 500         R3.28           R7.25           R1 736 875.25                 239 569
November 24, 2016                437 500         R3.28           R7.51           R1 850 621.71                 246 421
May 30, 2017                     825 000         R3.46           R7.25           R3 126 751.00                 431 276
                               2 200 000                                         R8 869 245.21               1 214 507

Rory McWilliams is exercising 100 000 SARs, equating to 59 448 ordinary shares, granted to him under the LTIP as
set out in the table below. Rory McWilliams’ intention is to sell all of the shares issued to him in respect of these SARs
(in part to cover the immediate tax obligation arising from the exercise).

Name of director:                                     Rory McWilliams
Name of subsidiary company:                           Director of MiX Telematics International Proprietary Limited
Transaction date:                                     March 3, 2022
Class of securities:                                  Ordinary shares issued to settle gain from SARs exercised
Nature of transaction:                                Off-market exercise of SARS under the LTIP
Nature and extent of director’s interest:             Direct beneficial
Clearance to deal received:                           Yes

SARS exercised:

Award date                      Number            Award          Exercise         Total gain on          Ordinary shares
                                exercised         price          price                     SARs                   issued
May 30, 2016                    100 000           R2.94          R7.25              R430 998.00                   59 448

Catherine Lewis is exercising 250 000 SARs equating 152 130 ordinary shares granted to her under the LTIP as set out
in the table below. Catherine Lewis’ intention is to sell the 69 778 shares issued to her in respect of these. At the end of
this process, Catherine Lewis will have increased her shareholding in MiX Telematics by 82 352 shares, bringing her
total shareholding to 2 003 439.

Name of director:                                      Catherine Lewis
Name of subsidiary company:                            MiX Telematics International Proprietary Limited
Transaction date:                                      March 4, 2022
Class of securities:                                   Ordinary shares issued to settle gain from SARs exercised
Nature of transaction:                                 Off-market exercise of SARs under the LTIP
Nature and extent of director’s interest:              Direct beneficial
Clearance to deal received:                            Yes

SARS exercised:

Award date                      Number           Award          Exercise         Total gain on         Ordinary shares
                                exercised        price          price                     SARs                  issued
May 30, 2016                    250 000          R2.94          R7.51           R 1 142 496.30                 152 130

Shareholders are further referred to the announcement released on 3 January 2022 wherein shareholders were advised
that Rory McWilliams had exercised 200 000 SARS granted to him under the LTIP and that the intention was to sell the
129 663 shares issued to him in respect of these. Shareholders are accordingly advised that Rory McWilliams has now
sold 129 294 shares as detailed below:

Name of director:                                       Rory McWilliams
Name of subsidiary company:                             Director of MiX Telematics International Proprietary Limited
Transaction date:                                       2 March 2022
Class of securities:                                    Ordinary shares
Number of securities:                                   129 294
Price per security:                                     R7.50
Total value:                                            R969 705.00
Nature of transaction:                                  On-market sale
Nature and extent of director’s interest:               Direct beneficial
Clearance to deal received:                             Yes

4 March 2022


JSE sponsor
Java Capital

Date: 04-03-2022 05:45:00
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