Update on the disposal of Eqstra ENX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2001/029771/06) JSE share code: ENX ISIN: ZAE000222253 ("enX" or "the Company") UPDATE ON THE DISPOSAL OF EQSTRA Shareholders are referred to previous announcements, the last of which was published on 3 April 2024, regarding the proposed divestment by the Company of Eqstra Investment Holdings Proprietary Limited, the holding company of enX's fleet management business (the "Transaction"). enX is pleased to announce that all suspensive conditions to the Transaction have been fulfilled and the Transaction is now unconditional. As such, the Takeover Regulation Panel has issued a compliance certificate in respect of the Transaction in terms of section 121(b)(i) of the Companies Act, No. 71 of 2008, and the Transaction may now be implemented. The Company anticipates that the Transaction will be implemented during June 2024. Responsibility statements The enX board and independent board collectively and individually accept responsibility for the information contained in this announcement and certify that, to the best of their knowledge and belief, the information contained in this announcement is true and this announcement does not omit anything that is likely to affect the import of such information. 19 April 2024 Transaction sponsor Java Capital Legal advisor White & Case Date: 19-04-2024 08:55:00 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.