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”)


DEALING IN SECURITIES BY SHARE INCENTIVE SCHEMES

In compliance with the JSE Limited Listings Requirements, the following transactions are disclosed:

 Name of share scheme                             :       Irdeto Holdings BV 2012 share appreciation rights
                                                          (SARs) plan
 Date of transaction                              :       14 June 2022
 Nature of transaction                            :       On-market purchase of ordinary shares
 Number of securities                             :       924
 Class of securities                              :       Ordinary shares
 Purchase price per share                         :       R120.55
 Value of purchase                                :       R111 388.20
 Clearance obtained                               :       Clearance has been received in terms of
                                                          paragraph 3.66 of the JSE Listings Requirements
 Nature of interest                               :       Direct, non- beneficial

 Name of share scheme                             :       Irdeto Holdings BV 2012 share appreciation rights
                                                          (SARs) plan
 Date of transaction                              :       20 June 2022
 Nature of transaction                            :       On-market purchase of ordinary shares
 Number of securities                             :       958
 Class of securities                              :       Ordinary shares
 Purchase price per share                         :       R118.23
 Value of purchase                                :       R113 264.34
 Clearance obtained                               :       Clearance has been received in terms of
                                                          paragraph 3.66 of the JSE Listings Requirements
 Nature of interest                               :       Direct, non- beneficial

Randburg
20 June 2022

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)


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.