Shareholder Information

as at 30 June 2025

	Number of share held	% of shares issued	% of effective holding
Beneficial shareholding
Major shareholders holding 3% or more of the shares in issue
Government Employees Pension Fund (PIC)	70 442 431	20.70	20.73
GIC Asset Management Pte Ltd	16 741 898	4.92	4.93
WGI Emerging Markets Fund LLC	11 771 793	3.46	3.46
	98 956 122	29.08	29.11
Investment management holdings
Fund managers holding 3% or more of the shares in issue
PIC (Manager)	74 541 267	21.91	21.93
Westwood Global Investments LLC	21 376 598	6.28	6.29
GIC Asset Management Pte Ltd	16 741 898	4.92	4.93
BlackRock Inc	15 407 175	4.53	4.53
The Vanguard Group Inc	14 187 148	4.17	4.17
Lazard Asset Management LLC Group	17 251 892	5.07	5.08
Old Mutual Ltd	12 404 478	3.65	3.65
Sanlam Investment Management	10 325 627	3.03	3.04
	182 236 083	53.56	53.62
Shares in issue
Total number in issue	340 274 346
Bidvest Education Trust	(386 604)
Effective number of shares in issue	339 887 742

Shareholder categories	Number of shares held	% of shares issued
Pension Funds	116 107 895	34.12
Unit Trusts / Mutual Fund	89109 984	26.19
Sovereign Wealth	28 548 147	8.39
Private Investor	26 478 026	7.78
Hedge Fund	12 766 017	3.75
Insurance Companies	9 032 836	2.65
Trading Position	8 774 441	2.58
Exchange-Traded Fund	10 959 034	3.22
Charity	5 441 756	1.60
American Depository Receipts	4 792 752	1.41
Custodians	1588 894	0.47
Corporate Holding	1 898 316	0.56
Black Economic Empowerment	1 258 495	0.37
Others/Custodial/Unknown	23 517 753	6.91
	340 274 346	100.00
Geographic split of beneficial shareholders
South Africa	170 097 547	49.99
North America	90 725 783	26.66
United Kingdom	12 485 958	3.67
Rest of Europe	21 594 628	6.35
Rest of World	45 370 430	13.33
	340 274 346	100.00

Analysis of shareholdings	Number of shareholders	% of all shareholders	Number of shares held	% of shares issued
1 – 1 000	39 952	84.71	9 944 422	2.92
1 001 – 10 000	6 566	13.76	17 219 367	5.06
10 001 – 100 000	912	1.91	28 167 197	8.28
100 001 – 1 000 000	251	0.53	73 022 286	21.46
1 000 001 – and more	45	0.09	211 921 074	62.27
	47 726	100.00	340 274 346	100.00
Shareholder spread
Public shareholders	47 720	99.99	339 475 314	99.77
Non-public shareholders	6	0.01	799 032	0.23
• Bidcorp Group Retirement Fund	2	0.00	102 522	0.03
• Bidvest Education Trust	1	0.00	386 604	0.11
Directors & Family Trust	3	0.01	309 909	0.09

	47 726	100.00	340 274 346	100.00