Listing of WeBuyCars on the Main Board of The Johannesburg Stock Exchange WE BUY CARS HOLDINGS LIMITED (previously WBC Holdings Proprietary Limited) Incorporated in the Republic of South Africa Registration number 2020/632225/06 JSE Share code: WBC ISIN: ZAE000332789 ("WeBuyCars" or "the Company") LISTING OF WEBUYCARS ON THE MAIN BOARD OF THE JOHANNESBURG STOCK EXCHANGE ("JSE") Unless defined in the body of this announcement ("Announcement"), capitalised terms used in this Announcement (including headings) shall have the meanings ascribed to them in the pre-listing statement published by the Company on 12 March 2024 ("Pre-listing Statement"). WeBuyCars and Transaction Capital have successfully raised an aggregate amount of R902.7 million, at a price of R18.75 per WBC Share, by way of: i. the issue of 40 million authorised WBC Shares for an amount of R750 million immediately prior to the Listing; and ii. the disposal by Transaction Capital of 8.145 million WBC Shares for an amount of approximately R152.7 million immediately prior to the Listing. Shareholders are referred to the SENS announcement published by Transaction Capital on 19 March 2024 which sets out the further terms applicable to the pre-listing capital raise. Accordingly, the final number of ordinary shares in issue as at the Listing Date will be 417 181 120 WBC Shares, at a price of approximately R18.75 per WBC Share, which implies a total market capitalisation of R7.82 billion for WeBuyCars on Listing, subject to demand and market conditions on the Listing Date. The Listing Date is on Thursday, 11 April 2024 and the JSE admission is effective at 9:00 a.m. on the Listing Date. Centurion 9 April 2024 Lead Transaction Advisor & Sponsor PSG Capital Joint Transaction Advisor & Sponsor Pallidus Capital and Pallidus Exchange Services Date: 09-04-2024 11:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.