Dealing in Securities by an Associate of a Director CAPITEC BANK HOLDINGS LIMITED Registration number: 1999/025903/06 Incorporated in the Republic of South Africa Registered bank controlling company Share Code: CPI ISIN Number: ZAE000035861 (“Capitec”) DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information, relating to the dealing in securities by an associate of a director is disclosed. Shareholders are referred to the announcements released on SENS on 20 December 2018, 1 July 2021 and 3 August 2021, with regards to the hedging and financing transaction over a portion of a shareholding in Capitec (the “2018 Transaction”) held by Kalander Sekuriteit (Pty) Ltd (“Kalander”). Shareholders are now advised that, in anticipation of the upcoming expiry and financing repayment date of a portion of the 2018 Transaction, Kalander has concluded a new hedging and financing transaction (the "New Transaction") over 165 000 Capitec shares on the basis set out below: NAME OF DIRECTOR M S du P le Roux NAME OF ASSOCIATE Kalander DIRECTOR’S RELATIONSHIP WITH Mr Le Roux is a director of Kalander ASSOCIATE COMPANY OF WHICH HE IS A DIRECTOR Capitec STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive Director TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary NUMBER OF SECURITIES TRANSACTED 165 000 DEEMED VALUE OF SECURITIES TRANSACTED R302,161,200.00 (based on a reference price of R1,831.28) NATURE OF TRANSACTION Collar PUT STRIKE PRICE R1,665.00 CAP STRIKE PRICES Min Cap Strike Price: R2,625.79 Max Cap Strike Price: R2,694.87 Ave Cap Strike Price: R2,660.20 OPTION STYLE European EXPIRY DATE 2.7 years on average MAXIMUM FINANCIAL OBLIGATION R274 725 000 NUMBER OF SHARES PROVIDED AS SECURITY/COLLATERAL 165 000 TRADE Off Market NATURE AND EXTENT OF THE DIRECTOR’S Indirect, non-beneficial INTEREST IN THE TRANSACTIONS The hedging counterparty shall provide Kalander with loan financing for the duration of the New Transaction. The maximum financial obligation under that financing arrangement, including all interest thereon, will never exceed the total number of shares hedged multiplied by the put strike price. Kalander will therefore always be in the position to fully cover the liability under the financing arrangement with the shares hedged. As with the 2018 Transaction, Kalander’s intention remains to cash settle the New Transaction. As such, all the underlying shares will continue to be retained by Kalander. 15 November 2021 Stellenbosch Sponsor PSG Capital Date: 15-11-2021 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.