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MIX TELEMATICS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1995/013858/06) JSE share code: MIX ISIN: ZAE000125316 NYSE share code: MIXT (“MiX Telematics” or “the company”) MIX TELEMATICS ANNOUNCES ESTABLISHMENT OF A RULE 10B5-1 TRADING PLAN BY ITS FORMER NON-EXECUTIVE CHAIRMAN MiX Telematics (NYSE: MIXT), today announced that its former non-executive Chairman, Robin Frew, has advised the company that he has established a pre-arranged trading plan to sell a portion of the ordinary shares (which have been converted into American Depositary Shares (“ADSs”), each representing 25 ordinary shares of MiX Telematics) held by Mr. Frew over a specific period of time. As previously announced, Mr. Frew recently stepped down from the MiX Telematics board in order facilitate the implementation of the trading plan and avoid the regulatory constraints imposed by the Johannesburg Stock Exchange on disposition of shares by directors. The trading plan is part of a long-term strategy for asset diversification and estate planning and was adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. All sales of ADSs under Mr. Frew’s trading plan are subject to volume limitations, pursuant to Rule 144, which limits the amount of ADSs that can be sold. Mr. Frew currently owns a total of 87,267,766 ordinary shares of which he holds 23,420,480 directly and 63,847,286 indirectly, representing approximately 16% of the company’s shares in issue (excluding treasury shares). Mr. Frew has converted 13,000,000 of his ordinary shares into ADSs. Under the trading plan, Mr. Frew may sell up to 520,000 ADSs (equivalent to 13,000,000 ordinary shares) over a period of between two and 15 months. If all the planned sales under the trading plan are completed, Mr. Frew will still own directly and indirectly 74,267,766 shares which will represent approximately 13% of the company’s shares in issue (excluding treasury shares). The transactions under this plan will commence no earlier than 9 December 2022. November 16, 2022 Sponsor Java Capital
