ZEDER INVESTMENTS LIMITED - Special Dividend Declaration

Special Dividend Declaration

ZEDER INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2006/019240/06)
Share code: ZED
ISIN: ZAE000088431
LEI: 37890022AF5FD117D649
("the Company" or "Zeder")

SPECIAL DIVIDEND DECLARATION

Zeder's dividend policy remains to pay dividends conditional on the Zeder group having sufficient
reserves to fund its operations and investees' growth plans (if required).

Accordingly, shareholders are advised that the Zeder board has approved and declared a non-
recurring gross special dividend of 20.0 cents per share, from income reserves ("Special Dividend"),
subject to the required South African Reserve Bank approval being obtained for the declaration of the
Special Dividend ("Condition"). The Special Dividend amount, net of South African dividend tax
of 20%, is 16.0 cents per share for those shareholders who are not exempt from dividend tax or who
are not subject to a reduced rate in terms of any applicable agreement for the avoidance of double
taxation between South Africa and such shareholders' country of residence.

There are 1 540 160 354 no par value Zeder ordinary shares in issue on this declaration date. The
Company's income tax number is 9406891151.

The salient dates of this Special Dividend distribution are as set out below, on the basis that the
Condition has been fulfilled by Tuesday, 20 February 2024:


                                                                                                2024

 Declaration date                                                               Tuesday, 6 February

 Finalisation date anticipated to be on                                         Tuesday, 20 February

 Last day to trade cum dividend                                                     Tuesday, 5 March

 Trading ex-dividend commences                                                    Wednesday, 6 March

 Record date                                                                         Friday, 8 March

 Date of payment                                                                    Monday, 11 March

To the extent that the Condition is not fulfilled by Tuesday, 20 February 2024, a further announcement
will be released by the Company to inform shareholders thereof and to provide an updated timetable
in respect of the Special Dividend.

Share certificates may not be dematerialised or rematerialised between Wednesday, 6 March 2024
and Friday, 8 March 2024, both days inclusive.

Any shareholder who is in doubt as to its tax status or position or any other matter, including, inter
alia, any applicable exchange control requirement or the rate of dividend tax that may be applicable,
should consult an appropriate independent professional adviser in the relevant jurisdiction without
delay.

Stellenbosch
6 February 2024

Sponsor                                    Independent Joint Sponsor
PSG Capital                                      Tamela Holdings

Date: 06-02-2024 04:05:00
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