WeBuyCars Shares received pursuant to Transaction Capital Limited’s Unbundling of WeBuyCars WE BUY CARS HOLDINGS LIMITED (previously WBC Holdings Proprietary Limited) Incorporated in the Republic of South Africa Registration number 2020/632225/06 JSE Share code: WBC ISIN: ZAE000332789 ("WeBuyCars" or "the Company") DEALINGS IN WEBUYCARS SECURITIES: WEBUYCARS SHARES RECEIVED PURSUANT TO TRANSACTION CAPITAL LIMITED'S UNBUNDLING OF WEBUYCARS In compliance with the JSE Limited ("JSE") Listings Requirements, the following information is disclosed: Shareholders of WeBuyCars ("Shareholders") are referred to the announcement published on the Stock Exchange News Service ("SENS") of the JSE, on 13 February 2024 by Transaction Capital Limited ("TC") regarding, inter alia, the pro rata distribution in specie of TC's shareholding in WeBuyCars to TC shareholders (the "Unbundling"). Certain directors of WeBuyCars and its major subsidiaries hold TC shares and, accordingly, upon implementation of the Unbundling on 16 April 2024, received shares in WeBuyCars ("WBC Shares") in the same ratio and on the same basis applicable to all TC shareholders. Applicable details regarding the directors in question and the WBC Shares unbundled to them, appear below. NAME OF DIRECTOR ASS van der Walt COMPANY OF WHICH A DIRECTOR We Buy Cars Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive director TYPE AND CLASS OF SECURITIES Ordinary shares DATE OF TRANSACTION 16 April 2024 PRICE PER SECURITY (CENTS) R20.17* NUMBER OF SECURITIES 215,674 TOTAL RAND VALUE OF SECURITIES R4,350,144.58 NAME OF ASSOCIATE I Faan Proprietary Limited RELATIONSHIP WITH DIRECTOR Director and shareholder of associate NATURE OF TRANSACTION Off market receipt of WBC Shares pursuant to the Unbundling NATURE AND EXTENT OF INTEREST IN Indirect beneficial THE TRANSACTION CLEARANCE OBTAINED Not applicable NAME OF DIRECTOR J Mills COMPANY OF WHICH A DIRECTOR We Buy Cars Proprietary Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive director of major subsidiary TYPE AND CLASS OF SECURITIES Ordinary shares DATE OF TRANSACTION 16 April 2024 PRICE PER SECURITY (CENTS) R20.17* NUMBER OF SECURITIES 8,823 TOTAL RAND VALUE OF SECURITIES R177,959.91 NAME OF ASSOCIATE I John Proprietary Limited RELATIONSHIP WITH DIRECTOR Director and shareholder of associate NATURE OF TRANSACTION Off market receipt of WBC Shares pursuant to the Unbundling NATURE AND EXTENT OF INTEREST IN Indirect beneficial THE TRANSACTION CLEARANCE OBTAINED Not applicable NAME OF DIRECTOR WT Roos COMPANY OF WHICH A DIRECTOR We Buy Cars Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Independent non-executive director TYPE AND CLASS OF SECURITIES Ordinary shares DATE OF TRANSACTION 16 April 2024 PRICE PER SECURITY (CENTS) R20.17* NUMBER OF SECURITIES 33,331 TOTAL RAND VALUE OF SECURITIES R672,286.27 NAME OF ASSOCIATE Not applicable RELATIONSHIP WITH DIRECTOR Not applicable NATURE OF TRANSACTION Off market receipt of WBC Shares pursuant to the Unbundling NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Not applicable NAME OF DIRECTOR MP Mendelowitz COMPANY OF WHICH A DIRECTOR We Buy Cars Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Independent non-executive director TYPE AND CLASS OF SECURITIES Ordinary shares DATE OF TRANSACTION 16 April 2024 PRICE PER SECURITY (CENTS) R20.17* NUMBER OF SECURITIES 12,199,786 TOTAL RAND VALUE OF SECURITIES R246,069,683.62 NAME OF ASSOCIATE Upperway Investments Proprietary Limited and Neuhiem Holdings Limited RELATIONSHIP WITH DIRECTOR Discretionary contingent beneficiary NATURE OF TRANSACTION Off market receipt of WBC Shares pursuant to the Unbundling NATURE AND EXTENT OF INTEREST IN Indirect beneficial THE TRANSACTION CLEARANCE OBTAINED Not applicable NAME OF DIRECTOR KB Amoils COMPANY OF WHICH A DIRECTOR We Buy Cars Holdings Limited STATUS: EXECUTIVE/NON-EXECUTIVE Alternate director to MP Mendelowitz TYPE AND CLASS OF SECURITIES Ordinary shares DATE OF TRANSACTION 16 April 2024 PRICE PER SECURITY (CENTS) R20.17* NUMBER OF SECURITIES 3,438,036 TOTAL RAND VALUE OF SECURITIES R69,345,186.12 NAME OF ASSOCIATE Not applicable RELATIONSHIP WITH DIRECTOR Not Applicable NATURE OF TRANSACTION Off market receipt of WBC Shares pursuant to the Unbundling NATURE AND EXTENT OF INTEREST IN Direct beneficial THE TRANSACTION CLEARANCE OBTAINED Not applicable *The closing price of WBC Shares on 16 April 2024. Centurion 19 April 2024 Joint Sponsors to WeBuyCars PSG Capital Pallidus Exchange Services Date: 19-04-2024 04:00:00 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.