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")

DEALINGS IN SECURITIES BY MULTICHOICE GROUP RESTRICTED SHARE PLAN TRUST

In compliance with the JSE Limited Listings Requirements, the following information relating to
dealings in securities by the MultiChoice Group Restricted Share Plan Trust is disclosed:

 Trust (Transferee)                              :   MultiChoice Group Restricted Share Plan Trust
                                                     ("Share Trust")
 Company (Transferor)                            :   MultiChoice Group Treasury Services Proprietary
                                                     Limited (TreasuryCo)
 Date of transaction                             :   8 September 2022
 Nature of transaction                           :   Off-market transfer of treasury shares to the Share
                                                     Trust from TreasuryCo to enable the Share Trust to
                                                     comply with its obligations in terms of the
                                                     MultiChoice Group Restricted Share Plan
 Number of shares                                :   4 297 290 ordinary shares
 Deemed transfer price per share*                :   R110.63 *
 Total value of transaction                      :   R475 409 192.70
 Clearance obtained                              :   Clearance has been obtained in terms of paragraph
                                                     3.66 of the JSE Listings Requirements
 Nature of interest                              :   Direct, beneficial
* Based on the closing price on 8 September 2022.

 Trust (Transferee)                              :   MultiChoice Group Restricted Share Plan Trust
                                                     ("Share Trust")
 Company (Transferor)                            :   MultiChoice (Pty) Ltd (“MCA”)
 Date of transaction                             :   8 September 2022
 Nature of transaction                           :   Off-market transfer of shares to the Share Trust
                                                     from MCA to enable the Share Trust to comply with
                                                     its obligations in terms of the MultiChoice Group
                                                     Restricted Share Plan
 Number of shares                                :   5 669 ordinary shares
 Deemed transfer price per share*                :   R110.63 *
 Total value of transaction                      :   R627 161.47
 Clearance obtained                              :   Clearance has been obtained in terms of paragraph
                                                     3.66 of the JSE Listings Requirements
 Nature of interest                              :   Direct, beneficial
* Based on the closing price on 8 September 2022.
 Trust (Transferee)                              :   MultiChoice Group Restricted Share Plan Trust
                                                     ("Share Trust")
 Company (Transferor)                            :   Electronic Media Network (Pty) Ltd (“Mnet”)
 Date of transaction                             :   8 September 2022
 Nature of transaction                           :   Off-market transfer of shares to the Share Trust
                                                     from Mnet to enable the Share Trust to comply with
                                                     its obligations in terms of the MultiChoice Group
                                                     Restricted Share Plan
 Number of shares                                :   872 ordinary shares
 Deemed transfer price per share*                :   R110.63 *
 Total value of transaction                      :   R96 469.36
 Clearance obtained                              :   Clearance has been obtained in terms of paragraph
                                                     3.66 of the JSE Listings Requirements
 Nature of interest                              :   Direct, beneficial
* Based on the closing price on 8 September 2022.


Randburg
9 September 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.