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, 3 August 2021, 15 November 2021 and 19 November 2021, with regards to the maturity of the prior 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, as noted in the announcement released on SENS on 19 November 2021, in anticipation of the upcoming expiry and financing repayment date of the final portion of the 2018 Transaction, Kalander has implemented a hedging and financing transaction over an additional 590 000 Capitec shares (being the final tranche in relation to Kalander’s repayment obligations under the 2018 Transaction)(the "Final Tranche New Transaction"), 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 ASSOCIATE Kalander COMPANY OF WHICH HE IS A Capitec DIRECTOR STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive Director TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary NUMBER OF SECURITIES TRANSACTED 590 000 DEEMED VALUE OF SECURITIES R1 141 945 000.00 (based on a TRANSACTED reference price of R1 935.50) NATURE OF TRANSACTION Collar PUT STRIKE PRICE R1 741.95 CALL STRIKE PRICE R2 845.19 OPTION STYLE European EXPIRY DATE 2.82 years on average MAXIMUM FINANCIAL OBLIGATION R866 165 282.50 NUMBER OF SHARES PROVIDED AS 590 000 SECURITY/COLLATERAL TRADE Off Market NATURE AND EXTENT OF THE Indirect, non-beneficial DIRECTOR’S INTEREST IN THE TRANSACTIONS The hedging counterparty shall provide Kalander with loan financing for the duration of the Final Tranche 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 hedged shares. As with the 2018 Transaction and the Final Tranche New Transaction, Kalander’s intention remains to cash settle the Final Tranche New Transaction. As such, all the underlying shares will continue to be retained by Kalander. 20 December 2021 Stellenbosch Sponsor PSG Capital Date: 20-12-2021 04:44:00 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.