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Dealings in securities by directors of major subsidiaries of MiX Telematics

Published: 2023-02-09 18:35:24 ET
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MIX TELEMATICS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1995/013858/06)
JSE share code: MIX ISIN: ZAE000125316
NYSE share code: MIXT
(“MiX Telematics”)


DEALINGS IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES OF MIX TELEMATICS


Shareholders are advised of the following information relating to dealings in securities by directors of major subsidiaries
of MiX Telematics relating to the exercise of share appreciation rights (“SARs”) under the MiX Telematics Limited
Long-Term Incentive Plan (“LTIP”).

Gert Pretorius is exercising 275 000 SARs, equating to 109 233 ordinary shares, granted to him under the LTIP as set
out in the table below. Gert Pretorius’ intention is to sell approximately 54 617 shares issued to him in respect of these
SARs (in large part to cover the immediate tax obligation arising from the exercise). Accordingly, at the conclusion of
this transaction, Gert Pretorius expects to have increased his shareholding in MiX Telematics by approximately 54 616
shares, bringing his total shareholding in MiX Telematics to approximately 1 309 019 ordinary shares.

Name of director:                                     Gert Pretorius
Name of subsidiary company:                           Director of MiX Telematics Africa Proprietary Limited,
                                                      MiX Telematics Investments Proprietary Limited and
                                                      MiX Telematics International Proprietary Limited
Transaction date:                                     February 7, 2023
Class of securities:                                  Ordinary shares issued to settle gain from SARS exercised
Nature of transaction:                                Off-market exercise of SARS under the LTIP
Nature and extent of director’s interest:             Direct beneficial
Clearance to deal received:                           Yes

SARS exercised:

 Award date                      Number          Award          Exercise         Total gain on         Ordinary shares
                                exercised         price            price                 SARs                   issued
 May 30, 2017                    275 000          R3.46           R5.74           R626 997.42                 109 233

Rory McWilliams is exercising 100 000 SARs, equating to 33 333 ordinary shares, granted to him under the LTIP as
set out in the table below. Rory McWilliams’ intention is to sell all of the shares issued to him in respect of these SARs.

Name of director:                                     Rory McWilliams
Name of subsidiary company:                           Director of MiX Telematics International Proprietary Limited
Transaction date:                                     February 7, 2023
Class of securities:                                  Ordinary shares issued to settle gain from SARS exercised
Nature of transaction:                                Off-market exercise of SARS under the LTIP
Nature and extent of director’s interest:             Direct beneficial
Clearance to deal received:                           Yes

SARS exercised:

 Award date                      Number          Award          Exercise         Total gain on         Ordinary shares
                                exercised         price            price                 SARs                   issued
 May 30, 2017                    100 000          R3.46           R5.19           R172 998.27                   33 333

February 9, 2023