MULTICHOICE GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2018/473845/06)
JSE Share Code: MCG
ISIN: ZAE000265971

DEALINGS IN SECURITIES BY THE SHARE UNIT PLAN

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

 Name of share scheme                :         The Irdeto Restricted Share Unit Plan
 Date of transaction                 :         23 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                :         495
 Class of securities                 :         Ordinary shares
 Purchase price per share            :         R112.17
 Value of purchase                   :         R55 524.15
 Clearance obtained                  :         Yes
 Nature of interest                  :         Direct, non-beneficial

 Name of share scheme                :         The Irdeto Restricted Share Unit Plan
 Date of transaction                 :         27 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                :         647
 Class of securities                 :         Ordinary shares
 Purchase price per share            :         R113.72
 Value of purchase                   :         R73 576.84
 Clearance obtained                  :         Yes
 Nature of interest                  :         Direct, non-beneficial


Randburg
27 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.