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 11 June 2019 and 1 July 2021, with regards to the hedging and financing transaction over a portion of a shareholding in Capitec (the “2019 Transaction”) held by Kalander Sekuriteit (Pty) Ltd (“Kalander”). Shareholders are now advised that Kalander has cash settled a portion of the 2019 Transaction relating to 625 000 Capitec shares and implemented a new hedging and re-financing transaction over 575 000 of the Capitec shares released from the settled portion (the “Refinancing Transaction”), the relevant details of which are 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 A DIRECTOR Capitec STATUS: EXECUTIVE/NON-EXECUTIVE Non-Executive Director TYPE OF SECURITIES Shares CLASS OF SECURITIES Ordinary NUMBER OF SECURITIES TRANSACTED 575 000 DEEMED VALUE OF SECURITIES TRANSACTED R1 219 000 000.00 (based on the 13 May 2022 closing price of R2 120.00) NATURE OF TRANSACTION Collar DATE OF TRANSACTION 13 May 2022 PUT STRIKE PRICE R1,871.20 CALL STRIKE PRICE R3,326.58 OPTION STYLE European EXPIRY DATE 3 years on average MAXIMUM FINANCIAL OBLIGATION R 1,075,939,425.00 NUMBER OF SHARES PROVIDED AS 575 000 SECURITY/COLLATERAL 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 Refinancing 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 prior hedging and financing transactions Kalander’s intention remains to cash settle the Refinancing Transaction. As such, all the underlying shares will continue to be retained by Kalander. 16 May 2022 Stellenbosch Sponsor PSG Capital Date: 16-05-2022 05:10:00 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.