LESAKA TECHNOLOGIES INC - Results of Lesaka November 15, 2023 Annual General Meeting

Results of Lesaka November 15, 2023 Annual General Meeting

Lesaka Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: LSAK
JSE share code: LSK
LEI: 529900J4IZMWV4RDEB07
ISIN: US64107N2062
("Lesaka," or the "Company")

Results of Lesaka November 15, 2023 Annual General Meeting

The annual meeting of shareholders of Lesaka was held on November 15, 2023.

Proposal No. 1—Election of Directors

All director nominees were elected and the votes cast were as follows:


                                                    Votes     Broker non-
 Director                       Votes for        withheld           votes
 Kuben Pillay                   35,287,463        843,221      10,296,741
 Chris G.B. Meyer               35,550,020        580,664      10,296,741
 Naeem E. Kola                  34,331,184      1,799,500      10,296,741
 Antony C. Ball                 35,068,675      1,062,009      10,296,741
 Nonku N. Gobodo                36,074,690         55,994      10,296,741
 Javed Hamid                    36,017,670        113,014      10,296,741
 Steven J. Heilbron             33,955,039      2,175,645      10,296,741
 Lincoln C. Mali                34,306,684      1,824,000      10,296,741
 Ali Mazanderani                34,943,929      1,186,755      10,296,741
 S. Vennessa Naidoo             36,075,196         55,488      10,296,741
 Monde Nkosi                    35,501,599        629,085      10,296,741
 Ekta Singh-Bushell             35,641,944        488,740      10,296,741

Proposal No. 2 — Ratification of Selection of Independent Registered Public Accounting Firm

The ratification of the selection of KPMG, Inc. as the Company's independent registered public
accounting firm for the fiscal year ending June 30, 2024, was approved and the votes cast were as
follows:

         Votes cast
     For          Against      Abstain
  45,986,911      418,327      22,187

Proposal No. 3 — Advisory Vote to Approve Executive Compensation

The compensation of the Company's named executive officers was approved, on an advisory, non-
binding basis, and the votes cast were as follows:

        Votes cast
                                             Broker
     For         Against      Abstain        non-votes
  33,975,194     1,138,740    1,016,750      10,296,741

Proposal No. 4 — A Non-Binding Advisory Vote Regarding Whether an Advisory Vote on
Executive Compensation Will Occur Every One, Two or Three Years

The votes cast on this proposal were as follows:

               Votes cast
                               Every
                  Every        three      Abstain      Broker
 Every year     two years      years                 non-votes
  28,803,417       2,536       7,058      20,245     17,594,169

The Company will hold future advisory votes on executive compensation every year.

About Lesaka (www.lesakatech.com)

Lesaka Technologies, (Lesaka™) is a South African Fintech company that utilizes its proprietary
banking and payment technologies to deliver superior financial services solutions to merchants (B2B)
and consumers (B2C) in Southern Africa. Lesaka's mission is to drive true financial inclusion for both
merchant and consumer markets through offering affordable financial services to previously
underserved sectors of the economy. Lesaka offers cash management solutions, growth capital, card
acquiring, bill payment technologies and value-added services to formal and informal retail merchants
as well as banking, lending, and insurance solutions to consumers across Southern Africa. The Lesaka
journey originally began as "Net1" in 1997 and later rebranded to Lesaka (2022), with the acquisition
of Connect. As Lesaka, the business continues to grow its systems and capabilities to deliver
meaningful fintech enabled, innovative solutions for South Africa's merchant and consumer markets.

Lesaka has a primary listing on NASDAQ (NasdaqGS: LSAK) and a secondary listing on the
Johannesburg Stock Exchange (JSE: LSK). Visit www.lesakatech.com for additional information
about Lesaka Technologies (Lesaka ™).

Investor Relations and Media Relations Contacts:

Phillipe Welthagen
Email: phillipe.welthagen@lesakatech.com
Mobile: +27 84 512 5393

FNK IR:
Rob Fink / Matt Chesler, CFA
Email: lsak@fnkir.com

Johannesburg
November 15, 2023

Sponsor:
Rand Merchant Bank, a division of FirstRand Bank Limited

Date: 15-11-2023 04:33:00
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