Reinet Investments S.C.A.
(Incorporated in Luxembourg)
ISIN: LU0383812293
JSE share code: RNI
LEI: 222100830RQTFVV22S80

REINET INVESTMENTS S.C.A. (“REINET”) – DIVIDEND DATES IN RESPECT OF
ORDINARY SHARES LISTED ON THE JOHANNESBURG STOCK EXCHANGE


The dividend payable to holders of Reinet ordinary shares listed on
the Johannesburg Stock Exchange (“Reinet South African Shares”) is
payable in rand via central security depository participants in
Strate for all holdings of dematerialised Reinet South African
Shares.

Reinet has recommended a total dividend of EUR 0.28 per share from
income reserves. It is anticipated that this dividend will be
approved by shareholders of Reinet at the annual general meeting to
be held on Tuesday, 30 August 2022 in Luxembourg.

There is no Luxembourg withholding tax payable on dividends, which
may be declared by Reinet.

In 2013 Reinet sought clarification from the South African Revenue
Service (‘SARS’) as to the treatment of any dividends to be declared
by Reinet and paid to holders of depository receipts issued by Reinet
Securities SA in respect of Reinet ordinary shares. This ruling from
SARS was renewed for a further 5 years on 8 March 2018 in respect
of any dividends to be declared by Reinet and paid to holders of
Reinet South African Shares. SARS confirmed to Reinet that any such
dividends would be treated as ‘foreign dividends’ as defined in the
Income Tax Act No. 58 of 1962. Accordingly, any such dividends would
be subject to South African dividends withholding tax at 20 per cent
in the hands of holders of Reinet South African Shares unless those
holders of Reinet South African Shares are otherwise exempt from the
tax. Non-resident holders of Reinet South African Shares are required
to fill in the appropriate SARS declaration form, if they wish to
be exempted from the tax.

The exchange rate applicable for the conversion of euro to rand for
payment of the Reinet South African Share dividend will be confirmed
in a separate announcement to be released on SENS on Tuesday,
6 September 2022.

The timetable for the dividend in respect of the Reinet South African
Shares is anticipated to be as follows:

Last date to trade “cum dividend”       Tuesday, 13 September 2022

Trading commences “ex-dividend” from
the commencement of business on         Wednesday, 14 September 2022
Reinet South African Share dividend
record date                             Friday, 16 September 2022

Reinet South African Share dividend
payment date                            Wednesday, 21 September 2022

No cross-border movements of Reinet ordinary shares will be permitted
between the clearing and settlement systems for the Dutch and
Luxembourgish stock exchanges (Euroclear Nederland, Euroclear Bank
and Clearstream) and the clearing and settlement system for the
Johannesburg    Stock    Exchange    (Strate)     between    Tuesday,
13 September 2022 and Friday,      16 September 2022, both days
inclusive, and no Reinet South African Shares may be dematerialised
or rematerialised between Wednesday, 14 September 2022 and Friday,
16 September 2022, both days inclusive.

Note to former holders of certificated depository receipts issued
by Reinet Securities SA in respect of Reinet ordinary shares
(“Certificated DRs”):

Upon the automatic cancellation of the depository receipt programme
in December 2017, the holdings of former holders of Certificated DRs
were   dematerialised   through   Computershare   Investor   Services
Proprietary Limited reflecting Reinet South African Shares in
dematerialised form in a valid account with a CSDP or broker as
specified by the former holder of Certificated DRs, or, in the
absence of such specification, in a nominee account for the benefit
of the former holders of Certificated DRs, if and to the extent that
they held 10 or more depository receipts. Former holders of
Certificated DRs that have not specified a valid account with a CSDP
or broker at the time of the automatic cancellation of the depository
receipt programme are advised to regularise their accounts with their
CSDP by contacting Computershare Investor Services Proprietary
Limited to surrender their certificates and to obtain assistance and
information on the process they must follow in order to regularise
their holdings and to ensure their bank mandates are up to date.

Computershare Investor Services Proprietary Limited (‘CIS’)
Rosebank Towers 15 Biermann Avenue
Rosebank 2196
South Africa

Telephone   0861 100 930 or +27 11 373 0017
Email       FICAVerifyElectronic@Computershare.co.za

Former holders of Certificated DRs failing to do so shall not be
entitled to trade their Reinet South African Shares and, without
valid bank mandates recorded, may also not receive their dividend
in respect of their Reinet South African Shares on time.

31 May 2022
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)