CAPITEC BANK HOLDINGS LIMITED - Dealing in Securities by an Associate of a Director

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 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 announcement released on SENS on
2 May 2023, with regards to the hedging and financing transaction concluded
by Kalander Sekuriteit (Pty) Ltd ("Kalander") over a portion of its
shareholding in Capitec (the "Prior Transaction").

Shareholders are now advised that Kalander has cash settled and refinanced
the Prior Transaction by implementing a new hedging and re-financing
transaction (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 AND CLASS OF SECURITIES      Ordinary Shares

NUMBER OF SECURITIES TRANSACTED   1,374,356

DEEMED VALUE OF SECURITIES        R6,560,790,724.00 (based on a share price
TRANSACTED                        of R4,773.72)

NATURE OF DEALING                 Funded Put Option Transaction

DATE OF DEALING                   3 July 2026

PUT STRIKE PRICE                  R2,700.92

OPTION STYLE                      European

EXPIRY DATE                       1.16 years on average

MAXIMUM FINANCIAL OBLIGATION      R3,712,031,517.25

NUMBER OF SHARES PROVIDED AS      1,374,356
SECURITY/COLLATERAL

TRADE                             Off Market

NATURE AND EXTENT OF THE          Indirect, non-beneficial
DIRECTOR'S INTEREST IN THE
DEALING

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 a position to fully cover the
liability under the financing arrangement with the hedged shares.

7 July 2026
Stellenbosch

Sponsor
PSG Capital

Date: 07-07-2026 11:00:00
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