DISCOVERY LIMITED — Major Shareholding Notification 2026

Apr 14, 2026

DISCOVERY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/007789/06)
Legal Entity Identifier: 378900245A26169C8132
JSE share code: DSY, DSBP
DSY ISIN: ZAE000022331
DSBP ISIN: ZAE000158564
Bond company code: DSYI
("Discovery" or the "Company")

DISCLOSURE OF BENEFICIAL INTEREST IN SECURITIES

In compliance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (as amended) (the "Companies Act") and paragraph 6.54 of the JSE Limited Listings Requirements, shareholders are advised that Discovery has received formal notification in accordance with section 122(1) of the Companies Act, that the Public Investment Corporation SOC Limited ("PIC") has, in aggregate, acquired an interest in the ordinary shares of the Company, such that its entire beneficial interest now amounts to 15.132% of the total number of ordinary shares in issue.

As required by section 122(3)(a) of the Companies Act, the Company has filed the required notices with the Takeover Regulation Panel.

The board of directors of Discovery ("Board") accepts responsibility for the information contained in this announcement and confirms that, to the best of their knowledge and belief, such information is true, and that this announcement does not omit anything likely to affect the importance of such information. The Board has relied on the accuracy of the information contained in the notification received from the PIC in making this statement.

Sandton
14 April 2026

Equity and Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited