PEPKOR HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/221869/06)
Share code: PPH
Debt code: PPHI
ISIN: ZAE000259479
LEI: 3789006D677C34F69875
Bond code: PEP12 ISIN: ZAG000221227
Bond code: PEP13 ISIN: ZAG000221243
(“Pepkor” or the “Group”)


LISTING OF NEW FINANCIAL INSTRUMENTS

Pepkor hereby notifies shareholders and noteholders that the JSE Limited has granted the listing
of its PEP12 and PEP13 Senior Unsecured Floating Rate Notes effective 12 December 2025, in
terms of its Programme dated 2 March 2020 and guaranteed by Pepkor Trading Proprietary
Limited.

 Debt Security Code:                             PEP12

 ISIN:                                           ZAG000221227

 Type of Debt Security:                          Floating Rate Notes

 Nominal Issued:                                 ZAR 750 000 000.00

 Coupon Rate:                                    110 basis points plus ZAR-JIBAR-SAFEX
                                                 with a designated maturity of 3 (three)
                                                 months, unless the 3 Month ZAR-JIBAR
                                                 ceases to apply in which case such other
                                                 rate as may be determined by the
                                                 Calculation Agent and notified to the
                                                 Noteholders pursuant to Condition 20
                                                 (Notices)

 Maturity Date:                                  12 December 2030



 Debt Security Code:                             PEP13

 ISIN:                                           ZAG000221243

 Type of Debt Security:                          Floating Rate Notes

 Nominal Issued:                                 ZAR 1 000 000 000.00




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Coupon Rate:                          110 basis points plus ZAR-JIBAR-SAFEX
                                      with a designated maturity of 3 (three)
                                      months, unless the 3 Month ZAR-JIBAR
                                      ceases to apply in which case such other
                                      rate as may be determined by the
                                      Calculation Agent and notified to the
                                      Noteholders pursuant to Condition 20
                                      (Notices)

Maturity Date:                        12 December 2030



Issue Date:                           12 December 2025

Issue Price:                          100%

Interest Commencement Date:           12 December 2025

Interest Determination Date(s):       12 March, 12 June, 12 September and
                                      12 December of each year until the
                                      Maturity Date (as adjusted in accordance
                                      with the Applicable Business Day
                                      Convention), with the first Interest Rate
                                      Determination Date being 9 December
                                      2025

First Interest Payment Date:          12 March 2026

Interest Payment Date(s):             12 March, 12 June, 12 September and
                                      12 December of each year until the
                                      Maturity Date or, if such day is not a
                                      Business Day, the Business Day on which
                                      interest will be paid, as determined in
                                      accordance with the Applicable Business
                                      Day Convention

Last Day to Register:                 By 17h00 on 6 March, 6 June,
                                      6 September and 6 December of each year
                                      until the Maturity Date

Books Close:                          7 March to 11 March, 7 June to 11 June,
                                      7 September to 11 September and
                                      7 December to 11 December (all dates
                                      inclusive) of each year until the Maturity
                                      Date

Applicable Business Day Convention:   Following Business Day

Final Maturity Amount:                100 percent of Nominal Amount




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 Other:                                  The pricing supplement does not contain
                                         additional terms and conditions or changes
                                         to the terms and conditions as contained in
                                         the Programme

 Summary of Additional Terms:            Not Applicable

 Programme Amount:                       ZAR 10 000 000 000.00

 Total Notes in issue under Programme:   ZAR 9 214 000 000.00, inclusive of these
                                         issuances of notes

 Dealer:                                 PEP12: Nedbank Limited, acting through
                                         its Nedbank Corporate and Investment
                                         Banking division

                                         PEP13: Absa Bank Limited, acting through
                                         its Corporate and Investment Banking
                                         division




Parow

10 December 2025


Equity and Debt Sponsor

Investec Bank Limited




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