REMGRO LIMITED - Fulfilment of all conditions precedent relating to the acquisition of an interest in Maziv by Vodacom

Fulfilment of all conditions precedent relating to the acquisition of an interest in Maziv by Vodacom

Remgro Limited
(Incorporated in the Republic of South Africa)
(Registration number 1968/006415/06)
ISIN ZAE000026480
JSE and A2X share code REM
("Remgro")

FULFILMENT OF ALL CONDITIONS PRECEDENT RELATING TO THE
ACQUISITION OF AN INTEREST IN MAZIV BY VODACOM

Shareholders are referred to the previous announcements released
on SENS by Remgro, the latest being on the 15th of August 2025.
These announcements set out details of the transaction
agreements concluded between Community Investment Ventures
Holdings Proprietary Limited ("CIVH") and Vodacom Proprietary
Limited ("Vodacom") regarding Vodacom's proposed acquisition of
a 30% interest in a newly formed entity, subsequently
incorporated as Maziv Proprietary Limited ("Maziv"), that would
house all the material assets owned by CIVH, including Vumatel
Proprietary Limited and Dark Fibre Africa Proprietary Limited
(the "Transaction").

Shareholders are advised that the Independent Communication
Authority of South Africa has approved the Transaction
(including the issue of an I-ECNS licence), and all other
conditions precedent have been met. The Transaction will be
implemented on 1 December 2025.

Shareholders are also referred to the Vodacom announcement
released on SENS today.

Stellenbosch
26 November 2025

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 26-11-2025 05:00:00
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