Posting of circular to company shareholders and notice of general meeting Transaction Capital Limited TransCapital Investments Limited (Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa) Registration number: 2002/031730/06 (Registration No. 2016/130129/06) JSE share code: TCP Bond Company code: TCII ISIN: ZAE000167391 ("Transaction Capital" or the "Company" or the "Group") POSTING OF CIRCULAR TO COMPANY SHAREHOLDERS AND NOTICE OF GENERAL MEETING Shareholders are referred to the SENS announcement published on 24 November 2020 in which they were advised of the proposed specific authority to issue shares for cash to Royal Bafokeng Resources Holdings Proprietary Limited (a special purpose vehicle incorporated by Royal Bafokeng Holdings Proprietary Limited) ("Specific Issue"). A circular to Transaction Capital shareholders, containing, inter alia, full details of the proposed Specific Issue, and incorporating a notice convening a general meeting of Transaction Capital shareholders, in order to consider and, if deemed fit, to pass the resolutions necessary to approve the Specific Issue ("the General Meeting"), has been posted today, 15 December 2020 ("the Circular"). Company shareholders are advised that the Circular is immediately available on the Company’s website: https://www.transactioncapital.co.za/results-reports.php Notice of the General Meeting Notice is hereby given that the General Meeting will be held at 10:00 on Thursday, 14 January 2021 exclusively through electronic participation electronic means (as permitted by, the provisions of the Companies Act, No 71 of 2008 and the Companies Memorandum of Incorporation), to transact the business as stated in the general meeting notice forming part of the Circular ("the Notice of General Meeting"). Transaction Capital has retained the services of Computershare Investor Services Pty Ltd ("Computershare") to host the General Meeting on an interactive electronic platform, in order to facilitate remote participation and voting by shareholders. Further details of electronic participation, including voting by proxy, are included in clause 8 of the Circular. Computershare will assist with all queries relating to the electronic participation and all contact information is available in the above section in the Circular. Salient dates 2020/2021 Record date to determine which shareholders are entitled to receive Friday, 4 December 2020 the Notice of General Meeting Last day to trade in order to be eligible to attend and vote at the Tuesday, 5 January 2021 General Meeting Record date to determine which shareholders are entitled to attend Friday, 8 January 2021 and vote at the General Meeting Forms of proxy for the General Meeting to be lodged by 10:00 on* Tuesday, 12 January 2021 *any proxies not lodged by this time must be handed to the chairperson of the General Meeting immediately prior to the General Meeting as contemplated in the Circular and the specific sections above. Hyde Park 15 December 2020 Transaction Capital Limited Investor Relations – Phillipe Welthagen +27 (0) 84 512 5393 Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) South African Legal Counsel to the Company ENSafrica Date: 15-12-2020 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.