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Notification of directors’ change in beneficial ownership in Lesaka securities
Lesaka Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: LSAK
JSE share code: LSK
LEI: 529900J4IZMWV4RDEB07
ISIN: US64107N2062
(“Lesaka,” or the “Company”)
Notification of directors’ change in beneficial ownership in Lesaka securities
On October 14, 2026, Ali Mazanderani filed a Form 4 with the U.S. Securities and Exchange
Commission (“SEC”) regarding an option granted to him for 1,000,000 shares of the Lesaka common
stock (“Option Award”). The Option Award was approved by Lesaka’s shareholders on August 3, 2026.
The Form 4 is available on the SEC’s website.
Key terms of the option are as follows:
Award Terms Details
Options awarded 1,000,000
Equity Type Options to acquire common stock
Exercise Price US$5.00 per share
Exercise Date From April 1, 2029
Expiration Date April 1, 2030
The Option Award will vest on April 1, 2028, subject to Mr. Mazanderani’s continuous employment
through this date.
Lesaka has a primary listing on NASDAQ and a secondary listing on the Johannesburg Stock
Exchange.
Johannesburg
October 14, 2026
Sponsor
Rand Merchant Bank, a division of FirstRand Bank Limited
Date: 14/10/2026 02:35:00
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