Dealing in securities by a director of major subsidiaries of MTN

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
(MTN)

DEALING IN SECURITIES BY A DIRECTOR OF MAJOR SUBSIDIARIES OF MTN


In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings Requirements (Listings
Requirements), we hereby announce the following transaction in MTN securities by a director of
major subsidiaries, Mobile Telephone Networks Pty Limited (MTN SA) and MTN Nigeria
Communications plc (MTN Nigeria).

Name:                                            Jens Schulte-Bockum

Designation:                                     Non-Executive Director of MTN SA and MTN
                                                 Nigeria

Date of transaction:                             8 September 2025

Nature of transaction:                           On-market sale of shares

Number of shares sold                            100,000

Class of security:                               MTN ordinary shares of 0.01 cents each

Price at which shares were sold                  R140.00

Total value of the transaction:                  R14,000,000.00

Nature of interest:                              Direct beneficial



Prior clearance to deal in the above-mentioned transaction was obtained in accordance with MTN`s
policy as well as the Listings Requirements.

Fairland.

11 September 2025

Lead Sponsor

J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor

Tamela Holdings Proprietary Limited

Date: 11-09-2025 01:04:00
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