SUPER GROUP LIMITED - Update on the Proposed Disposal by Super Group of its 53.584% Interest in SG Fleet Group Limited

Update on the Proposed Disposal by Super Group of its 53.584% Interest in SG Fleet Group Limited

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
LEI: 378900A8FDADE26AD654
Share code: SPG
ISIN: ZAE000161832
Debt company code: BISGL
("Super Group")

UPDATE ON THE PROPOSED DISPOSAL BY SUPER GROUP OF ITS 53.584% INTEREST IN SG FLEET GROUP LIMITED

1. INTRODUCTION
   Super Group shareholders ("Shareholders") and Super Group noteholders ("Noteholders") are referred to the
   announcement released on the Stock Exchange News Service on Wednesday, 4 December 2024, relating to the
   proposed disposal by Bluefin Investments Limited ("Bluefin"), a wholly owned subsidiary of Super Group, of its
   53.584% interest in SG Fleet Group Limited ("SG Fleet")(the "Transaction").

   Shareholders and Noteholders are further referred to the circular to Shareholders ("circular") dated Monday, 3
   February 2025 setting out full details of the Transaction including the conditions precedent and approvals
   required in respect of the Transaction.

2. FULFILMENT OF THE CONDITION PRECEDENT RELATING TO NOTEHOLDER APPROVAL
   Super Group is pleased to inform Shareholders and Noteholders that the first condition as set out in paragraph
   5.1.2 of the circular has been fulfilled. Consent to the disposal of SG Fleet was provided by 100% of the
   Noteholders that voted, constituting 92.03 % of all Noteholders.

3. GENERAL MEETING OF SHAREHOLDERS
   Shareholders are reminded that a general meeting of Shareholders recorded in the register of Super Group on
   Friday, 14 February 2025, will be held through electronic communication, on Tuesday, 25 February 2025 at 09:00,
   to consider and, if deemed fit, pass, with or without modification, the resolutions required to be approved by
   Shareholders in order to authorise and implement the Transaction.


Sandton
19 February 2025

Equity sponsor
Investec Bank Limited

Debt sponsor
Questco Proprietary Limited

Date: 19-02-2025 01:41:00
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