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Dealings in Securities by Prescribed Officers
Telkom SA SOC Limited
(Registration number 1991/005476/30)
JSE Share Code: TKG
JSE Bond Code: BITEL
ISIN: ZAE000044897
(“Telkom” or the “company”)
DEALINGS IN SECURITIES BY PRESCRIBED OFFICERS
In compliance with paragraphs 6.77 to 6.90 of the Listings Requirements of the JSE Limited (“JSE”), shareholders are advised of
the following dealings by prescribed officers in terms of the company’s share scheme, relating to the vesting of forfeitable share
awards (“FSP”) as part of Telkom’s Long-Term Incentive (LTIP) Share Plan (the “Plan”).
In terms of the Plan, the vesting of the Share Awards (“LTIPs”) is subject to performance conditions and occur in various tranches
after three years. Whilst vesting is not classified as ‘dealings’ in terms of the JSE Listings Requirements, the vesting of the LTIPs
does result in a tax liability for the participants (the prescribed officers) in terms of section 8C of the Income Tax Act (No 58 of
1962), whether they elect to keep all their shares, sell all their shares or elect to sell a portion of their shares to cover the tax
liability.
The following tranches have recently vested or been forfeited:
• 2021 LTIP Share Award: 50% of the third (3rd) tranche (20%) of shares vested, based on partial achievement of the
performance conditions.
• 2022 LTIP Share Award: 100% of the second (2nd) tranche (30%) of shares were forfeited, based on the non-
achievement of the performance conditions.
The shares which vested in terms of the 2021 LTIP Share Awards vested on 1 July 2026, subsequent to which, participants could
elect to keep all their shares, or sell a portion, or all, of their shares by no later than 19 August 2026. The company facilitated the
sale of the ordinary shares on behalf of the participants in bulk trades from 11 to 13 August 2026.
Name of prescribed officer: NM Lekota
Nature of transaction: Off market vesting and simultaneous on market sale
of a portion of shares (the balance of the shares
retained) to cover tax obligations relating to vesting of
LTIPs in accordance with the Plan
Class of securities: Ordinary shares
Date of transaction: 11 August 2026
Number of shares: 3 491
Price per share: R55.86
Total value of transaction: R195 007.26
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: LM Siyo
Nature of transaction: Off market vesting and simultaneous on market sale
of a portion of shares (the balance of the shares
retained) to cover tax obligations relating to vesting
of LTIPs in accordance with the Plan
Class of securities: Ordinary shares
Date of transaction: 12 August 2026
Number of shares: 1 216
Price per share: R55.86
Total value of transaction: R67 925.76
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 13 August 2026
Number of shares: 6 684
Price per share: R55.45
Total value of transaction: R370 627.80
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: BN Apleni
Nature of transaction: Off market vesting and simultaneous on market sale
of a portion of shares (the balance of the shares
retained) to cover tax obligations relating to the
vesting of LTIPs in accordance with the Plan
Class of securities: Ordinary shares
Date of transaction: 12 August 2026
Number of shares: 462
Price per share: R55.86
Total value of transaction: R25 807.32
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Date of transaction: 13 August 2026
Number of shares: 2 917
Weighted volume average price per share: R55.4245
Highest price per share: R55.45
Lowest price per share: R55.30
Total value of transaction: R 161 673.27
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Centurion
17 August 2026
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 17/08/2026 12:01:00
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