Exercise And Related Settlement Of Options In Terms Of The Curro Holdings Limited Executive Long Term Share Incenti CURRO HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/025801/06) JSE Share Code: COH ISIN: ZAE000156253 LEI: 378900E237CB40F0BF96 (“Curro” or “the Company”) EXERCISE AND RELATED SETTLEMENT OF OPTIONS IN TERMS OF THE CURRO HOLDINGS LIMITED EXECUTIVE LONG TERM SHARE INCENTIVE SCHEME In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the exercise of options by directors of Curro, in terms of the Curro Holdings Limited Executive Long Term Share Incentive Scheme (“Scheme”), are disclosed to shareholders. Following the exercise of the options referred to below, and in accordance with the provisions of the trust deed of the Curro Holdings Limited Executive Long Term Share Incentive Trust (“Trust”), the Trust will settle the options on an after-tax equity settlement basis, through the award of ordinary shares as detailed below: 1. NAME OF DIRECTOR JP Loubser COMPANY OF WHICH A Curro Holdings Limited DIRECTOR STATUS: EXECUTIVE/NON- EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares NATURE OF TRANSACTION Exercise of options to acquire ordinary shares in terms of the Scheme and related after-tax net- equity settlement (off-market transaction) DATE OF EXERCISE OF OPTIONS 3 April 2023 VESTING DATE OF OPTIONS 31 March 2023 EXERCISED The options were subject to performance conditions which was successfully achieved for the measurement period PERIOD OF EXERCISE Participants have a 6-month period from the vesting date during which options can be exercised OPTION STRIKE PRICE R Nil NUMBER OF OPTIONS 186 867 EXERCISED NUMBER OF SHARES SETTLED 102 777 shares transferred to director by the Trust on an after-tax equity settlement basis TOTAL RAND VALUE OF SHARES R831 465.93 SETTLED Based on the share price at closing on the date of exercise of the options of R8.09. NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION 2. NAME OF DIRECTOR M Lategan COMPANY OF WHICH A Curro Holdings Limited DIRECTOR STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares NATURE OF TRANSACTION Exercise of options to acquire ordinary shares in terms of the Scheme and related after-tax net- equity settlement (off-market transaction). DATE OF EXERCISE OF OPTIONS 3 April 2023 VESTING DATE OF OPTIONS 31 March 2023 EXERCISED The options were subject to performance conditions which was successfully achieved for the measurement period OPTION STRIKE PRICE R Nil NUMBER OF OPTIONS 99 662 EXERCISED NUMBER OF SHARES SETTLED 54 814 shares transferred to director by the Trust on an after-tax equity settlement basis. TOTAL RAND VALUE OF SHARES R443 445.26 SETTLED Based on the share price at closing on the date of exercise of the options of R8.09. NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION 3. NAME OF DIRECTOR BC September COMPANY OF WHICH A Curro Holdings Limited DIRECTOR STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Options in relation to ordinary shares NATURE OF TRANSACTION Exercise of options to acquire ordinary shares in terms of the Scheme and related after-tax net- equity settlement (off-market transaction). DATE OF EXERCISE OF OPTIONS 3 April 2023 VESTING DATE OF OPTIONS 31 March 2023 EXERCISED The options were subject to performance conditions which was successfully achieved for the measurement period PERIOD OF EXERCISE Participants have a 6-month period from the vesting date during which options can be exercised OPTION STRIKE PRICE R Nil NUMBER OF OPTIONS 37 373 EXERCISED NUMBER OF SHARES SETTLED 20 555 shares transferred to director by the Trust on an after-tax equity settlement basis TOTAL RAND VALUE OF SHARES R166 289.95 SETTLED Based on the share price at closing on the date of exercise of the options of R8.09. NATURE AND EXTENT OF Direct, beneficial INTEREST IN THE TRANSACTION To the extent required, clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Durbanville 4 April 2023 Sponsor PSG Capital Date: 04-04-2023 05:40:00 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.