MTN GROUP LIMITED - Dealings in securities by a Director of MTN

Dealings in securities by a Director of MTN

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
(MTN or the Company)

DEALINGS IN SECURITIES BY A DIRECTOR OF MTN

In compliance with paragraphs 3.63 – 3.66 of the JSE Listings Requirements, we hereby announce
the following transactions in MTN securities by a Director of MTN:

Name of director:                                Ralph Tendai Mupita

Office held:                                     Group President & CEO

Name of company:                                 MTN


                                      FIRST TRANSACTION

Date of transaction:                             25 May 2023

Number of securities purchased:                  7,868

Class of security:                               MTN American Depositary Receipts (ADRs)

Price per ADR                                    USD 5.8287

Total value of the transaction:                  USD 45,860.21

Nature of transaction:                           On-market purchase of ADRs

Nature of interest:                              Direct beneficial

                                    SECOND TRANSACTION

Date of transaction:                             26 May 2023

Number of securities purchased:                  13,200

Class of security:                               ADRs

Price per ADR                                    USD 5.8876

Total value of the transaction:                  USD 77, 716.42

Nature of transaction:                           On-market purchase of ADRs

Nature of interest:                              Direct beneficial

Prior clearance to deal in the above-mentioned transactions was obtained in accordance with MTN’s
policy as well as the Listings Requirements of the JSE Limited.

Fairland

30 May 2023

Lead Sponsor

J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor

Tamela Holdings Proprietary Limited

Date: 30-05-2023 05:33:00
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