ARAXI LIMITED - Dealing in Securities by Directors of the Company and Executive Directors of Major Subsidiaries of the Company

Dealing in Securities by Directors of the Company and Executive Directors of Major Subsidiaries of the Company

Araxi Limited
(Previously Capital Appreciation Limited)
Incorporated in the Republic of South Africa
(Registration number 2014/253277/06)
Share code: AXX ISIN: ZAE000208245
('Araxi" or "the Company" or "the Group")


DEALING IN SECURITIES BY DIRECTORS OF THE COMPANY AND EXECUTIVE 
DIRECTORS OF MAJOR SUBSIDIARIES OF THE COMPANY

In compliance with the JSE Limited ("JSE") Listings Requirements, shareholders are advised of the
following information relating to dealing in securities by directors of the Company and directors of major
subsidiaries of the company.

 Name of director                :   Michael Reuven Pimstein
 Position and Company            :   Executive Chairman: Araxi
 Class of securities             :   Ordinary shares
 Nature of transaction           :   Off-market sale of shares to settle cumulative tax obligations
 Nature and extent of interest   :   Direct beneficial
 Clearance obtained              :   Yes
 Date of transactions            :   25 June 2026
 Number of securities sold       :   5,000,000
 Sale price                      :   R1.85
 Value of transaction            :   R9,250,000.00


 Name of director                :   Michael Brian Shapiro
 Position and Company            :   Executive Director: Araxi
                                     Managing Director: Synthesis Software Technologies
                                     Proprietary Limited
 Class of securities             :   Ordinary shares
 Nature of transaction           :   Off-market sale of shares to settle cumulative tax obligations
 Nature and extent of interest   :   Direct beneficial
 Clearance obtained              :   Yes
 Date of transactions            :   25 June 2026
 Number of securities sold       :   346,537
 Sale price                      :   R1.85
 Value of transaction            :   R641,093.45


 Name of director                :   Benjamin Powell
 Position and Company            :   Managing Director: Dashpay Proprietary Limited
 Class of securities             :   Ordinary shares
 Nature of transaction           :   Off-market sale of shares to settle cumulative tax obligations
 Nature and extent of interest   :   Direct beneficial
 Clearance obtained              :   Yes
 Date of transactions            :   25 June 2026
 Number of securities sold       :   867,322
 Sale price                      :   R1.85
 Value of transaction            :   R1,604,545.70


 Name of director                :   Steyn Nel Basson
 Position and Company            :   Executive Director: Synthesis Software Technologies
                                     Proprietary Limited
 Class of securities             :   Ordinary shares
 Nature of transaction           :   Off-market sale of shares to settle cumulative tax obligations
 Nature and extent of interest   :   Direct beneficial
 Clearance obtained              :   Yes
 Date of transactions            :   25 June 2026
 Number of securities sold       :   784,838
 Sale price                      :   R1.85
 Value of transaction            :   R1,451,950.30


 Name of director                :   Donn Engelbrecht
 Position and Company            :   Managing Director: African Resonance Business Solutions
                                     Proprietary Limited
 Class of securities             :   Ordinary shares
 Nature of transaction           :   On-market sale of shares to settle cumulative tax obligations
 Nature and extent of interest   :   Direct beneficial
 Clearance obtained              :   Yes
 Date of transactions            :   a. 24 June 2026
                                     b. 25 June 2026
                                     c. 26 June 2026
 Number of securities sold       :   a. 92,155
                                     b. 644,954
                                     c. 891
 Sale price                      :   a. R1.85
                                     b. R1.85
                                     c. R1.85
 Value of transaction            :   a. R170,486.75
                                     b. R1,193,164.90
                                     c. R1,648.35


Sandton
26 June 2026

Sponsor
Investec Bank Limited


Date: 26-06-2026 03:15:00
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