ZEDA LIMITED - Broad Based Black Economic Empowerment (B-BBEE)

Broad Based Black Economic Empowerment (B-BBEE)

Zeda Limited
(Incorporated in the Republic of South Africa)
Registration number: 2022/493042/06
JSE share code: ZZD
ISIN: ZAE000315768
("Zeda" or the "Company")

Broad Based Black Economic Empowerment (B-BBEE)

Shareholders are advised that Zeda Limited ("Zeda") has completed its latest B-BBEE verification
process. Zeda has secured a B-BBEE certification Level 3 rating, while its operating subsidiaries
below retained their competitive B-BBEE certification Level 1 ratings:

    •   Zeda Car Leasing (Pty) Ltd, trading as Avis Fleet and
    •   Zenith Car Rental (Pty) Ltd, trading as Avis Rent a Car, Budget Rent a Car, and Avis Car
        Sales.

Zeda has reached its strategic goal of obtaining competitive B-BBEE ratings particularly for the
operating subsidiaries where B-BBEE provides a competitive edge. This accomplishment was attained
despite the reduction of black ownership credentials during the unbundling process from the former
shareholder.

In accordance with paragraph 16.21 (g) and Appendix 1 to Section 11 of the JSE Listings Requirements,
notice is hereby given that the Company´s annual compliance certificate in terms of section 13G(2) of
the Companies Act, No 71 of 2008, has been published and is available on the Company´s website at
https://zeda.co.za/sustainability/bbbee-certificates/.


21 November 2023

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 21-11-2023 01:16:00
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