General repurchase of OneLogix ordinary shares ONELOGIX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/004519/06) JSE share code: OLG ISIN: ZAE000026399 (“OneLogix” or the “company” or the “group”) GENERAL REPURCHASE OF ONELOGIX ORDINARY SHARES INTRODUCTION In compliance with paragraph 11.27 of the JSE Listings Requirements, shareholders are advised OneLogix has cumulatively repurchased 15 475 915 shares (the “repurchased shares”), representing 5.5% of the company’s issued share capital, in terms of the general authority granted by shareholders at the annual general meetings held on 22 November 2018 and 26 November 2019 (the “repurchase”). DETAILS OF THE REPURCHASE Date of repurchase: 30 August 2019 – 31 March 2020 Number of repurchased shares: 15 475 915 Lowest repurchase price per share (cents): 254.00 Highest repurchase price per share (cents): 330.00 Volume weighted average price per share (cents): 311.68 Total value of repurchased shares: R48 235 457 The repurchase was put in place pursuant to a repurchase programme prior to the commencement of the closed period (which commenced on 30 November 2019) in accordance with the JSE Listings Requirements. The repurchases were made through the order book of the JSE, without any prior understanding or arrangement between the company and the counter parties. Following the repurchase, the company may repurchase a further 12 645 082 ordinary shares, representing 4.5% of the total issued share capital of OneLogix at the time the general authority was granted, being 26 November 2019. The repurchased shares will be delisted from the JSE and cancelled in due course. No repurchased shares will be held as treasury shares. STATEMENT BY THE BOARD The board has considered the effect of the repurchase and believes that for a period of twelve months following the date of this announcement: • the company and the group will be able in the ordinary course of business to pay its debts; • the assets of the company and the group will be more than the liabilities of the company and the group. For this purpose, the assets and liabilities were recognised and measured in accordance with the accounting policies used in the latest audited annual group financial statements; • the share capital and reserves of the company and the group will be adequate for ordinary business purposes; • the working capital of the company and the group will be adequate for ordinary business purposes; and • the company and the group have passed the solvency and liquidity test and since the test was performed, there have been no material changes to the financial position of the group. FINANCIAL INFORMATION The repurchase was funded from the group’s available cash resources. Cash balances decreased by R48 235 457 as a result of the repurchase. The reduced number of shares in issue after the cancellation of the repurchased shares will result in a lower weighted average number of shares used to calculate earnings per share in future reporting periods. 2 April 2020 Sponsor Java Capital Date: 02-04-2020 09:00:00 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.