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 DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the following information relating to
dealings in securities by a director of a major subsidiary is disclosed:


 Director                                        : Richard Tessendorf

 Company                                         : MultiChoice Africa Holdings B.V
                                                   (a major subsidiary of MultiChoice)

 Date of transaction                             : 1 July 2024

 Nature of transaction                           : Off market vesting and subsequent on market sale of the
                                                   shares awarded under the MultiChoice Group Restricted
                                                   Share Plan Trust and accepted on 1 July 2019 prior to his
                                                   appointment as a major subsidiary director.

 Class of securities                             : Ordinary shares

 Number of securities                            : 4 673 shares

 Highest selling price per share                 : R107.01

 Lowest selling price per share                  : R106.62

 Average selling price per share                 : R106.7869

 Value of transaction                            : R499 015.26

 Nature of interest                              : Direct, beneficial

 Clearance obtained                              : Clearance has been received in terms of paragraph 3.66
                                                   of the JSE Listings Requirements



Randburg
2 July 2024

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.

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.