MULTICHOICE GROUP LIMITED
                               Incorporated in the Republic of South Africa
                                 (Registration number 2018/473845/06)
                                Share code: MCG ISIN: ZAE000265971
                                    (“MultiChoice” or “the Company”)


                               DEALINGS BY THE SHARE UNIT PLAN



In compliance with the Listings Requirements of the JSE Limited, the following transaction is
disclosed:

 Name of share scheme              :     The Irdeto Restricted Share Unit Plan
 Date of transaction               :     13 January 2025
 Nature of transaction             :     On-market purchase of ordinary shares to settle
                                         restricted share awards granted in terms of the Irdeto
                                         Restricted Share Unit Plan
 Number of securities              :     2 688
 Class of securities               :     Ordinary shares
 Purchase price per share          :     R109.04
 Value of purchase                 :     R293 099.52
 Clearance obtained                :     Yes
 Nature of interest                :     Direct, non-beneficial


Randburg
16 January 2025

Sponsor
Merchantec Capital

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.

Shareholders are further referred to ruling issued by the Takeover Regulation Panel on
27 February 2024, which ruling deals with the MultiChoice memorandum of incorporation.
Shareholders    can    access    the    ruling   on    the   Company's    website   at
https://www.investors.multichoice.com/regulatory.php.

If shareholders are in any doubt as to what action to take, they should seek advice from their
broker, attorney or other professional adviser.