Capitec Bank Holdings Limited
Registration number: 1999/025903/06
Registered bank controlling company
Incorporated in the Republic of South Africa
JSE ordinary share code: CPI   ISIN code: ZAE000035861
JSE preference share code: CPIP   ISIN code: ZAE000083838
(“Capitec”)

QUARTERLY DISCLOSURE IN TERMS OF REGULATION 43 OF THE REGULATIONS RELATING
TO BANKS

Capitec and its subsidiaries (“the group”) have complied with Regulation 43
of the Regulations relating to banks, which incorporates the requirements of
Basel.

In terms of Pillar 3 of the Basel rules, the consolidated group is required
to disclose quantitative information on its capital adequacy, leverage and
liquidity ratios on a quarterly basis.


The group’s consolidated capital and liquidity positions at the end of the
first quarter of the 29 February 2024 financial year end are set out below:


                                  1st Quarter 2024          4th Quarter 2023
                                       31 May 2023          28 February 2023

                                             Capital                   Capital
                                            Adequacy                  Adequacy
                                   R’000     Ratio %         R’000     Ratio %

 COMMON EQUITY TIER 1
 CAPITAL (CET1)                35 063 086       34.1     35 038 067       33.6

 Additional Tier 1 capital
 (AT1)                                  -            -            -            -

TIER 1 CAPITAL (T1)            35 063 086       34.1     35 038 067       33.6


 General allowance for
 credit impairment                857 687                   872 831

TIER 2 CAPITAL (T2)               857 687        0.8        872 831        0.8

TOTAL QUALIFYING REGULATORY
CAPITAL                        35 920 773       34.9     35 910 898       34.4

REQUIRED REGULATORY
CAPITAL(1)                     12 341 981                12 525 485


(1)
   This value is currently 12% of risk-weighted assets, being the Basel
global minimum requirement of 8%, the Pillar 2A South African country-
specific buffer of 1%, the Capital Conservation Buffer of 2.5% and the
Domestic Systemically Important Bank (“D-SIB”) capital add-on of 0.5%.
                                      1st Quarter 2024     4th Quarter 2023
                                           31 May 2023     28 February 2023
                                                 R’000                R’000
LIQUIDITY COVERAGE RATIO
(“LCR”)
High-Quality Liquid Assets                  77 087 373           74 946 512
Net Cash Outflows(1)                         3 685 102            3 420 878
Actual LCR                                      2 092%               2 191%
Required LCR                                      100%                 100%

(1)
   Capitec has a net cash inflow after applying the run-off factors, therefore
the outflows for the purpose of the ratio are deemed to be 25% of gross
outflows.


                                      1st Quarter 2024    4th Quarter 2023
                                           31 May 2023    28 February 2023
                                                 R’000               R’000
NET STABLE FUNDING RATIO (“NSFR”)
Total Available Stable Funding             174 637 633         172 128 298
Total Required Stable Funding               80 557 884          80 016 733
Actual NSFR                                      216.8%             215.1%
Required NSFR                                     100%                100%



                                      1st Quarter 2024    4th Quarter 2023
                                           31 May 2023    28 February 2023
                                                 R’000               R’000
LEVERAGE RATIO
Tier 1 Capital                              35 063 086         35 038 067
Total Exposures                            194 009 300        193 139 727
Leverage Ratio                                   18.1%              18.1%


For the detailed LCR, NSFR and leverage ratio calculations refer to the
“Banks Act Public Disclosure” section on our website at
www.capitecbank.co.za/investor-relations

The group commenced with the application of the IFRS 17 Insurance contracts
standard on 1 March 2023 which is applicable to insurance contracts issued,
reinsurance contracts held, and in-substance reinsurance contracts issued
through its cell captive arrangements. For further information which details
the impact of IFRS 17 implementation, please refer to our IFRS 17 transition
report which is available via the following link on our website:
https://www.capitecbank.co.za/globalassets/pages/investor-relations/ifrs-17-
transitional-report.pdf



By order of the Board
Stellenbosch

4 July 2023
Sponsor - PSG Capital