AFRICAN RAINBOW CAPITAL INVESTMENTS LIMITED - Dealing in securities by director pursuant to the ARC and ARC Subsidiary offer

Dealing in securities by director pursuant to the ARC and ARC Subsidiary offer

African Rainbow Capital Investments Limited
(Incorporated in the Republic of Mauritius)
(Company number: C148430)
JSE and A2X code: AIL ISIN: MU0553S00000
("ARC Investments" or "the Company")

DEALING IN SECURITIES BY DIRECTOR PURSUANT TO THE ARC AND ARC SUBSIDIARY OFFER

Capitalised words and terms contained in this announcement shall bear the same meanings ascribed
thereto in the declaration data announcement released on SENS and A2X News Service on Tueday,18
March 2025 ("the Announcement"), where they were advised of an offer to Shareholders, a proposed
delisting of ARCI from the exchanges operated by JSE Limited ("JSE") and A2X Markets ("Delisting"),
and the proposed re-domiciliation of ARCI from Mauritius to South Africa.

In order to facilitate the Delisting of ARCI, ARC and ARC Subsidiary, (collectively the "Offerors") have
offered to acquire all the issued ordinary shares in ARCI ("Shares") not already owned by the Offerors
("Offer"), subject to the terms and conditions set out in the Announcement.

In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the JSE Listings Requirements, the
following information is disclosed.

Name of director:                Mmamodiane Refiloe Nkadimeng
Company:                         ARC Investments
Class of securities:             Ordinary shares
Nature of transaction:           Off-market acceptance of the Offer
Extent of director's interest:   Direct beneficial
Clearance to deal obtained:      Yes
Date of transaction:             13 May 2025
Price:                           ZAR9.75 per ordinary share
Number of securities:            66 639
Total value:                     ZAR649 730.25

Ebène, Mauritius (with simultaneous circulation in Johannesburg)

16 May 2025

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 16-05-2025 12:30:00
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