DISCOVERY LIMITED - Intra-Group Share Purchase by Employee Share Trust

Intra-Group Share Purchase by Employee Share Trust

DISCOVERY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
Legal Entity Identifier: 378900245A26169C8132
JSE share code: DSY, DSBP
DSY ISIN: ZAE000022331
DSBP ISIN: ZAE000158564
Bond company code: DSYI
("Discovery")

INTRA-GROUP SHARE PURCHASE BY EMPLOYEE SHARE TRUST

In compliance with paragraphs 3.99 and 5.67(B)(b) of the Listings Requirements of the JSE Limited ("JSE"),
shareholders are advised that on 5 December 2025, the Discovery Long Term Incentive Plan Trust ("LTIP")
effected an off-market acquisition of 680 268 ordinary Discovery shares ("Shares") at a volume weighted
average price of R228.37 per share from Discovery Connect Distribution Services (Pty) Ltd, a wholly owned
subsidiary of Discovery, amounting to a total transaction value of R155 352 803.16 (the "Intra-group share
purchase").

The acquisition was made in accordance with the rules of the LTIP, and the Shares will remain as part of the
authorised and issued ordinary share capital of Discovery, to be held for future use by the LTIP.

Clearance to deal by the LTIP was obtained in terms of paragraph 3.66 of the JSE Listings Requirements.

Following the Intra-group share purchase, Discovery holds 9 889 580 treasury shares.


10 December 2025
Sandton

Equity and Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 10-12-2025 05:42:00
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