ARAXI LIMITED - Dealings in securities by directors of major subsidiaries of the Company

Dealings in securities by directors of major subsidiaries of the Company

Araxi Limited
(Previously Capital Appreciation Limited)
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share code: AXX ISIN: ZAE000208245
('Araxi" or "the Company" or "the Group")


Dealings in securities by directors of major subsidiaries of the Company

In compliance with the JSE Limited ("JSE") Listings Requirements, shareholders are advised of the
following information relating to dealing in securities by directors of major subsidiary companies.

 Name of director                      :   Gregory Nello Vercellotti
 Position and Company                  :   Executive Director: Dariel Solutions Proprietary Limited
 Class of securities                   :   Ordinary shares
 Nature of transaction                 :   On-market sale of shares to settle cumulative tax
                                           obligations
 Nature and extent of interest         :   Direct beneficial
 Clearance obtained                    :   Yes
 Date of transactions                  :   3 March 2026
 Number of securities sold             :   1,000,000
 Sale price                            :   R1.81
 Value of transaction                  :   R1,810,000.00

 Name of director                      :   Michael Brian Shapiro
 Position and Company                  :   Executive Director: Araxi
                                           Managing Director: Synthesis Software Technologies
                                           Proprietary Limited
 Class of securities                   :   Ordinary shares
 Nature of transactions                :   On-market sale of conditional share plan awards to settle
                                           cumulative tax obligations
 Nature and extent of interest         :   Direct beneficial
 Clearance obtained                    :   Yes
 Date of transactions                  :   a) 4 March 2026
                                           b) 5 March 2026
                                           c) 6 March 2026
 Number of securities sold             :   a) 545,392
                                           b) 13,050
                                           c) 86,246
 Sale price                                a) Lowest price per share of R1.78 and highest price per
                                               share of R1.80. Volume weighted average price per
                                               share of R1.7844
                                           b) Lowest price per share of R1.78 and highest price per
                                               share of R1.80. Volume weighted average price per
                                               share of R1.7815
                                           c) R1.77
 Value of transactions                 :   a) R973,205.60
                                           b) R23,249.08
                                           c) R152,655.42

 Name of director                      :   Steyn Nel Basson
 Position and Company                  :   Executive Director: Synthesis Software Technologies
                                           Proprietary Limited
 Class of securities                   :   Ordinary shares
 Nature of transactions                :   On-market sale of conditional share plan awards to settle
                                           cumulative tax obligations
 Nature and extent of interest         :   Direct beneficial
 Clearance obtained                    :   Yes
 Date of transactions                  :   a) 4 March 2026
                                           b) 5 March 2026
 Number of securities sold             :   a) 100,000
                                           b) 100,000
 Sale price                            :   a) R1.80
                                           b) R1.80
 Value of vesting transaction          :   a) R180,000.00
                                           b) R180,000.00


Sandton
6 March 2026

Sponsor
Investec Bank Limited


Date: 06-03-2026 02:50:00
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