VODACOM GROUP LIMITED - Update on the Acquisition of a 30% Interest in Maziv

Update on the Acquisition of a 30% Interest in Maziv

Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
Share code VOD ISIN ZAE000132577
ADR code VDMCY ISIN US9258D2009


UPDATE ON THE ACQUISITION OF A 30% INTEREST IN MAZIV

Shareholders are referred to the announcement on SENS on 10 November 2021 (the "terms
announcement") and further updates on 15 May 2023, 8 August 2023, 28 November 2023,
29 October 2024, 26 November 2024, 29 November 2024, 9 December 2024, 15 January
2025, 31 January 2025 and 14 February 2025. These announcements set out details of
Vodacom (Pty) Limited's ("Vodacom") proposed acquisition of a 30% interest in Maziv
Proprietary Limited ("Maziv"), the entity that will house all of the fibre assets owned by
Community Investment Ventures Holdings (Pty) Limited ("CIVH"), including Vumatel (Pty)
Limited and Dark Fibre Africa (Pty) Limited (the "Transaction").

On 6 March 2025 the Competition Appeal Court informed the Transaction parties that the
hearing dates in respect of the Transaction has been reserved for 22 to 24 July 2025. The
Transaction parties still await the reasons of the Competition Tribunal for prohibiting the
merger, which is necessary for the appeal process to progress as planned.

As indicated in the announcement dated 14 February 2025, the Transaction parties extended
the Transaction long stop date to 14 March 2025. The Transaction parties have subsequently
agreed to further extend the Transaction long stop date to 30 April 2025.

Shareholders are also referred to the Remgro announcement published on SENS today.

Midrand
14 March 2025

Sponsor
Investec Bank Limited


Date: 14-03-2025 05:00:00
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