EnX : Finalisation information in relation to the special distribution of 200 cents per share

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")

FINALISATION INFORMATION IN RELATION TO THE SPECIAL DISTRIBUTION OF 200 CENTS PER SHARE

Shareholders are referred to the announcement released on the Securities Exchange News Service ("SENS") on 4 April 2022 regarding the declaration of a special distribution of 200.00 cents per enX share (the "Distribution") and are advised that exchange control approval from the South African Reserve Bank for the Distribution has now been received. Accordingly, shareholders are advised of the following finalisation information pertaining to the payment of the Distribution.

The Distribution will be implemented by way of a reduction of contributed tax capital as defined in the Income Tax Act No. 58 of 1962 (as amended). Distributions from contributed tax capital which are not dividends, as defined, do not attract withholding taxes in South Africa.

Finalisation information pertaining to the Distribution:

The salient dates relating to the Distribution are set out below:

Notes

1. All times given are local times in South Africa.
2. The dates and times set out above are subject to change. Any such change will be released on SENS.
3. No dematerialisation or rematerialisation of enX ordinary shares may take place between Tuesday, 14 June 2022 and Friday,

1. June 2022, both days inclusive.

06 June 2022

Sponsor

The Standard Bank of South Africa Limited