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 paragraphs 3.63 to 3.74 of 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 15 June
2022 and 5 February 2025, with regards to the hedging and financing
transactions concluded by Kalander Sekuriteit (Pty) Ltd ("Kalander") over a
portion of its shareholding in Capitec (the "Prior Transactions").

Shareholders are now advised that Kalander has cash settled and refinanced
the Prior Transactions over 507 500 Capitec shares by implementing a new
hedging and re-financing transaction over 350 000 Capitec shares (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        350,000
DEEMED VALUE OF SECURITIES            R 1,418,144,000.00
TRANSACTED                            (based on a share price of R 4,051.84)
NATURE OF TRANSACTION                 Funded Option Transaction
DATE OF TRANSACTION                   21 October 2025
PUT STRIKE PRICE                      R 2,753.55
CAP PRICE                             R 5,251.41
OPTION STYLE                          European
EXPIRY DATE                           1.29 years on average
MAXIMUM FINANCIAL OBLIGATION          R 963,742,500.00
NUMBER OF SHARES PROVIDED AS
                                      350,000
SECURITY/COLLATERAL
TRADE                                 Off Market
NATURE AND EXTENT OF THE DIRECTOR'S
                                      
INTEREST IN THE TRANSACTIONS          Indirect, non-beneficial

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 a position to fully cover the
liability under the financing arrangement with the hedged shares.

24 October 2025
Stellenbosch

Sponsor
PSG Capital

Date: 24-10-2025 01:50:00
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