No change statement and notice of annual general meeting Karooooo Ltd. (a public company incorporated and registered in the Republic of Singapore) (Unique Entity Number: 201817157Z) JSE share code: KRO NASDAQ share code: KARO ISIN: SGXZ19450089 (“Karooooo” or “Company”) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING No Change Statement Shareholders are advised that Karooooo’s Annual Report (Form 20-K), incorporating the audited consolidated annual financial statements for the financial year ended 28 February 2021, on which the Company’s auditors, KPMG LLP, expressed an unqualified audit opinion, are available on the Company’s website at www.karooooo.com. The audited consolidated annual financial statements contain no modifications to the preliminary results which were released on the Stock Exchange News Service of the JSE Limited on 6 May 2021. The Notice of Annual General Meeting and Annual Financial Statements will be distributed to shareholders in accordance with the requirements of the Singapore Companies Act. Annual General Meeting It is anticipated that the annual general meeting of shareholders of Karooooo will be held by way of electronic communication on or about Tuesday, 17 August 2021 at 12:00 for purposes of dealing with the ordinary and special business of an annual general meeting. An announcement in this regard will be made as soon as the Notice of Annual general Meeting is posted, which is expected to be on or about 26 July 2021. Johannesburg Tuesday, 29 June 2021 Sponsor Merrill Lynch South Africa Proprietary Limited t/a BofA Securities Date: 29-06-2021 07:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.