NET 1 UEPS TECHNOLOGIES INC - Notification of directors dealings in Net1 securities

Notification of directors’ dealings in Net1 securities

Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
ISIN: US64107N2062
(“Net1” or the “Company”)

Notification of directors’ dealings in Net1 securities

Shareholders are advised that the following dealing in the securities of Net1 has taken place
by a director (“reporting person”) of the Company:

Director:                                      Ekta Singh-Bushell
Name of company:                               Net1
Class of security:                             Common stock
Nature of interest:                            Direct, beneficial
Nature of transaction:                         On market purchase of securities
Number of securities:                          2,000
Date of transaction:                           December 6, 2018
Price per security (VWAP):                     USD 5.00
Total transaction value:                       USD 10,000

Clearance to deal in respect of the above transaction was given.

December 10, 2018
Johannesburg

Sponsor
Rand Merchant Bank, a division of FirstRand Bank Limited

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