Declaration of a Dividend of 454.95 Cents Per Non-Redeemable, 
Non-Cumulative, Non-Participating Preference Share

Capitec Bank Holdings Limited
Registration number 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
JSE share code: CPIP
ISIN code: ZAE000083838
("Capitec")

DECLARATION OF A DIVIDEND OF 454.95 CENTS PER NON-REDEEMABLE,
NON-CUMULATIVE, NON-PARTICIPATING PREFERENCE SHARE
("PREFERENCE SHARE DIVIDEND") – NUMBER 38

The directors of Capitec have approved and declared a preference
share dividend of 454.95 cents per share in respect of the
six months ended on 31 August 2025. Payment will be effected on
Monday, 22 September 2025.

The following information is disclosed in terms of paragraphs
11.17(a)(i) to (ix) and 11.17(c) of the JSE Listings Requirements:

•   The cash distribution is a dividend as defined in terms of the
    Income Tax Act (Act 58 of 1962)
•   The South African dividend tax rate is 20%
•   The gross dividend amount is 454.95 cents per share
•   The dividend amount net of South African dividend tax of 20% is
    363.96 cents per share
•   Capitec has 463,612 non-redeemable, non-cumulative,
    non-participating preference shares in issue
•   The distribution is made from income reserves
•   Capitec's tax reference number is 9405/376/84/0

The salient dates for the payment of the preference share dividend
are set out below:

Last day to trade cum-dividend           Tuesday, 16 September 2025
Trading ex-dividend commences            Wednesday, 17 September 2025
Record date                              Friday, 19 September 2025
Payment date                             Monday, 22 September 2025

Share certificates may not be dematerialised or rematerialised
from Wednesday, 17 September 2025 to Friday, 19 September 2025,
both days inclusive.

29 August 2025
Stellenbosch

Sponsor
PSG Capital

Date: 29-08-2025 07:05:00
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