MULTICHOICE GROUP LIMITED (incorporated in the Republic of South Africa) (Registration number: 2018/473845/06) JSE Share Code: MCG ISIN: ZAE000265971 (“MultiChoice” or “the Company” or “the Group") MULTICHOICE TO HOST INAUGURAL CAPITAL MARKETS DAY Shareholders are advised that MultiChoice will be hosting its inaugural Capital Markets Day on 23 May 2023 from 09:00 – 13:00. Invitations have been sent out to those investors who have registered on the Company’s database to receive notifications. The virtual event will focus on the Group’s New Growth Opportunities and will include an update on the Group’s Strategy and Capital Allocation Framework. Presentations during the day will also provide more information about the recently announced Showmax transaction with Comcast, as well as updates by investee companies KingMakers and Moment. A link to join the event is available on the Company’s website at https://investors.multichoice.com/presentations and a copy of the presentations will be made available in the same section at 09:00 on 23 May 2023. Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited) 23 May 2023 For further information: Investor relations Meloy Horn meloy.horn@MultiChoice.com or investorrelations@MultiChoice.com +27 11 289 3320 or +27 82 7727 123 Important notice Shareholders should take note that, pursuant to a provision of the MultiChoice memorandum of incorporation, MultiChoice is permitted to reduce the voting rights of shares in MultiChoice (including MultiChoice shares deposited in terms of the American Depositary Share ("ADS") facility) so that the aggregate voting power of MultiChoice shares that are presumptively owned or held by foreigners to South Africa (as envisaged in the MultiChoice memorandum of incorporation) will not exceed 20% of the total voting power in MultiChoice. This is to ensure compliance with certain statutory requirements applicable to South Africa. For this purpose, MultiChoice will presume in particular that: • all MultiChoice shares deposited in terms of the MultiChoice ADS facility are owned or held by foreigners to South Africa, regardless of the actual nationality of the MultiChoice ADS holder; and • all shareholders with an address outside of South Africa on the register of MultiChoice will be deemed to be foreigners to South Africa, irrespective of their actual nationality or domicilium, unless such shareholder can provide proof, to the satisfaction of the MultiChoice board, that it should not be deemed to be a foreigner to South Africa, as envisaged in article 40.1.3 of the MultiChoice memorandum of incorporation. Shareholders are referred to the provisions of the MultiChoice memorandum of incorporation available at www.MultiChoice.com for further detail. If shareholders are in any doubt as to what action to take, they should seek advice from their broker, attorney or other professional adviser.