LESAKA TECHNOLOGIES INC — Director's Dealing 2021

May 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NET 1 UEPS TECHNOLOGIES INC (UEPS)
CIK: 0001041514
Period of Report: 2021-05-05

Reporting Person: Mali Lincoln Camagu (CEO: South Africa)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-05	Common Stock	A	73734	$0.00	Acquired	150774	Direct

Footnotes

F1: Represents a grant of restricted stock approved by the remuneration committee of the Issuer's board of directors in accordance with Mr. Mali's February 5, 2021, employment agreement and pursuant to the Amended and Restated 2015 Stock Incentive Plan. Vesting is subject to the satisfaction of the following conditions: (1) the price of the Company's common stock is equal to or exceeds certain stock price levels during specific measurement periods from June 30, 2021, to June 30, 2024, and (2) the recipient is employed by the Company on a full-time basis when the condition in (1) is met. If both of these conditions are not satisfied, then none of the shares of restricted stock will vest and they will be forfeited.