MTN ZAKHELE FUTHI (RF) LIMITED - Declaration of a special distribution by way of return of contributed tax capital

Declaration of a special distribution by way of return of contributed tax capital

MTN Zakhele Futhi (RF) Limited
(Incorporated in the Republic of South Africa)
(Date of incorporation: 21 June 2016)
(Registration number: 2016/268837/06)
(JSE Share code: MTNZF)
(ISIN: ZAE000279402)
(LEI: 378900429C4F73B1BE74)
("MTNZF" or "Company")


Declaration of a special distribution by way of return of contributed tax capital ("CTC") as defined in
section 1 of the Income Tax Act, 1962

The board of directors of MTNZF is pleased to advise that at a meeting held on 4 July 2025, the directors approved
the declaration of a gross cash distribution by way of a return of CTC from income reserves of R20.00 per MTNZF
ordinary share ("Special Distribution"), subject to the approval by the Financial Surveillance Department of the
South African Reserve Bank for the declaration and payment of the Special Distribution ("Condition"), if required.

The Special Distribution will not be subject to a dividend withholding tax of 20%. Accordingly, the net ordinary
distribution will be R20.00 per MTNZF ordinary share.

The issued share capital at the declaration date is 123 416 818 ordinary shares and the Company's tax number is
9474277184. The salient dates are as follows:

 Event                                                    Date
 Declaration date                                         Friday, 4 July 2025
 Finalisation date                                        Tuesday, 15 July 2025
 Last day to trade cum dividend on the JSE                Tuesday, 22 July 2025
 First day to trade ex-dividend on the JSE                Wednesday, 23 July 2025
 Record date                                              Friday, 25 July 2025
 Payment date                                             Monday, 28 July 2025

If the Condition has not been fulfilled by Tuesday, 15 July 2025, a further announcement will be released by the
Company to inform shareholders thereof and to provide an updated timetable in respect of the Special Distribution.

No share certificates may be dematerialised or re-materialised between Wednesday, 23 July 2025 and Friday, 25
July 2025, both days inclusive. On Monday, 28 July 2025 the Special Distribution will be transferred electronically
to the bank accounts of certificated shareholders who make use of this facility. Shareholders who hold
dematerialised shares will have their accounts held by the Central Securities Depository Participant or broker
credited on Monday, 28 July 2025.


Johannesburg
7 July 2025

JSE Sponsor
Tamela Holdings Proprietary Limited

Legal and tax adviser
Webber Wentzel Attorneys

Date: 07-07-2025 12:30:00
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