Publication Of The Company’s AFS For The Financial Year Ended 28 February 2021 And Update To Programme Memorandum CAPITEC BANK LIMITED Registration number 1980/003695/06 Incorporated in the Republic of South Africa Company code: BICAP Stock Code: CBL26 ISIN Code: ZAG000136128 Stock Code: CBL28 ISIN Code: ZAG000151333 Stock Code: CBL29 ISIN Code: ZAG000158874 (“the Company”) PUBLICATION OF THE COMPANY’S ANNUAL FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2021 AND UPDATE TO THE SECTION OF THE PROGRAMME MEMORANDUM HEADED "DESCRIPTION OF THE ISSUER" PUBLICATION OF THE COMPANY’S ANNUAL FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2021 Noteholders are hereby advised that the Company’s annual financial statements for the financial year ended 28 February 2021, are available on the Company’s website at https://www.capitecbank.co.za/investor- relations/bond-programme or may be requested and obtained in person, at no charge, at the registered office of the Company, being 5 Neutron Road, Techno Park, Stellenbosch 7600, (“Specified Office”) during office hours. The audit opinion relating to the above-referenced annual financial statements is unmodified. Noteholders are specifically advised of note 45 in the annual financial statements dealing with discontinued operations. As a result of the sale of the shares in the insurance cell captives by Capitec Bank Limited to Capitec Ins Proprietary Limited, a wholly-owned subsidiary of Capitec Bank Holdings Limited, credit life insurance income and funeral income will no longer be recognised by Capitec Bank Limited subsequent to 31 March 2021. UPDATE TO THE SECTION OF THE PROGRAMME MEMORANDUM HEADED "DESCRIPTION OF THE ISSUER" Reference is made to the Amended and Updated Programme Memorandum dated 21 April 2016 ("Programme Memorandum") prepared by the Company in respect of the Capitec Bank Limited ZAR8,000,000,000 Domestic Medium Term Note Programme. Noteholders are hereby advised that the "Capitec Bank Limited Annual Report" for the financial year of the Company ended 28 February 2021 ("2021 Annual Report"), which is incorporated by reference into the Programme Memorandum (see the section of the Programme Memorandum headed "Documents Incorporated by Reference"), updates the description of the Company and its business set out in the section of the Programme Memorandum headed "Description of the Issuer". The 2021 Annual Report is available for inspection, upon request, during normal office hours, at the Specified Office of the Company as well as on the following website: www.capitecbank.co.za. Stellenbosch 13 April 2021 Debt Sponsor PSG Capital Date: 13-04-2021 07:07:00 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.