LESAKA TECHNOLOGIES INC — fact timeline

LESAKA TECHNOLOGIES INC entered into Transaction Implementation Agreement with Zero Research Proprietary Limited, Bank Zero Mutual Bank, and other shareholders (effective 2025-06-26).

“On June 26, 2025, Lesaka Technologies, Inc. ("Lesaka") announced that its wholly owned subsidiary, Lesaka Technologies Proprietary Limited ("Lesaka SA"), had entered into a Transaction Implementation Agreement (the "Transaction Implementation Agreement") with Zero Research Proprietary Limited ("Zero Research"), Bank Zero Mutual Bank ("Bank Zero"), the parties identified in Annexure A to the Transaction Implementation Agreement (being all of the shareholders of Bank Zero save for Zero Research and Naught Holdings Ltd), the parties listed in Annexure B to the Transaction Implementation Agreement (being all of the shareholders of Zero Research save for Naught Holdings Ltd) and Naught Holdings Ltd.”

LESAKA TECHNOLOGIES INC reported Q3 FY2026 results: EPS Headline earnings per share Basic, in USD 0.03 Diluted, in USD 0.03.

“On May 18, 2026, Lesaka Technologies, Inc., a Florida corporation, filed a Stock Exchange News Service ("SENS") release with the stock exchange operated by JSE Limited advising that it had corrected the headline earnings/ (loss) and headline earnings/ (loss) per share information previously published in its Q3 FY2026 results released on May 7, 2026.”

LESAKA TECHNOLOGIES INC reported Full Fiscal Year 2026 ending June 30, 2026 results: revenue between ZAR 6.2 billion and ZAR 6.5 billion, net income Net Income Attributable to Lesaka to be positive, EPS between ZAR 5.50 and ZAR 6.00. Guidance raised.

“For FY2026, the year ending June 30, 2026, we expect: Net Revenue between ZAR 6.2 billion and ZAR 6.5 billion. Group Adjusted EBITDA between ZAR 1.25 billion and ZAR 1.35 billion. Net Income Attributable to Lesaka to be positive. Adjusted earnings per share between ZAR 5.50 and ZAR 6.00.”

LESAKA TECHNOLOGIES INC updated its the third quarter of fiscal 2026 ended March 31, 2026 guidance (raised).

“On May 6, 2026, Lesaka Technologies, Inc., a Florida corporation (the " Company "), issued a press release setting forth its financial results for the third quarter ended March 31, 2026.”

LESAKA TECHNOLOGIES INC incurred credit facility of ZAR 1,143,901,000 with FirstRand Bank Limited (acting through its Rand Merchant Bank division) maturing annual review.

“Lesaka SA and certain of its subsidiaries have access to direct facilities of ZAR 1,143,901,000, which include a general banking facility (a demand facility); short-term direct and contingent facilities which cover forward exchange contracts and credit cards; an indirect facility of ZAR 57,700,000 for bank guarantees; and settlement lines of ZAR 326,000,000.”

LESAKA TECHNOLOGIES INC amended Restated GBF Agreement with FirstRand Bank Limited (acting through its Rand Merchant Bank division) valued at ZAR 1,143,901,000 (effective 2026-03-27).

“On March 27, 2026, Lesaka SA and RMB entered into an Amended and Restated General Banking Facility ("Restated GBF Agreement") to amend and replace the Original GBF Agreement.”

LESAKA TECHNOLOGIES INC reported that prior financial statements should not be relied upon.

“should be restated, and that such unaudited condensed financial statements should no longer be relied upon”

LESAKA TECHNOLOGIES INC incurred revolving credit of ZAR 400.0 million with FirstRand Bank Limited (acting through its Rand Merchant Bank division) at South Africa prime rate less a margin of 0.10% per annum for the first year and.

“in certain business combinations and engage in other corporate activities. The Transaction contemplates that, CCC and K2020 collectively may borrow up to an aggregate of ZAR 400.0 million (" Revolving Credit Facility ") for the sole purposes of funding CCC's and K2020's capital advance businesses, settling up to ZAR 20.0 million related to an intercompany loan to”

LESAKA TECHNOLOGIES INC incurred revolving credit of ZAR 700,901,000 with FirstRand Bank Limited (acting through its Rand Merchant Bank division).

“("Lesaka"), its wholly-owned subsidiary, Lesaka Technologies Proprietary Limited ("Lesaka SA") and a number of other subsidiaries of Lesaka entered into a Common Terms Agreement the "CTA") with FirstRand Bank Limited (acting through its Rand Merchant Bank division) ("RMB"), FirstRand Bank Limited (acting through its WesBank division) ("WesBank"), FirstRand Bank Limited being a South African corporate and investment bank, Investec Bank Limited (acting through its Investment Banking division: Corporate Solutions) ("Investec" and together with RMB and WesBank, the "Lenders"), a South African corporate and investment bank), and Bowwood and Main No 408 (RF) Proprietary Limited ("Debt Guarantor"), a South African company incorporated for the sole purpose of holding collateral for the benefit of the Lenders and acting as debt guarantor, and certain other parties.”

LESAKA TECHNOLOGIES INC incurred term loan of ZAR 1.0 billion with FirstRand Bank Limited (acting through its Rand Merchant Bank division), FirstRand Bank Limited (acting through its WesBank division), Investec Bank Limited at JIBAR plus an initial margin of 3.15% per annum until June 30, 2025 maturing four annual installments with final payment on February 28, 2029.

“Pursuant to the Facility B Agreement, Lesaka SA may borrow up to an aggregate of ZAR 1.0 billion for the sole purpose of refinancing the Lesaka SA existing facilities”

LESAKA TECHNOLOGIES INC incurred term loan of ZAR 2,155,739,382 with FirstRand Bank Limited (acting through its Rand Merchant Bank division), FirstRand Bank Limited (acting through its WesBank division), Investec Bank Limited at JIBAR plus an initial margin of 3.50% per annum until June 30, 2025 maturing February 28, 2029.

“Pursuant to the Facility A Agreement, Lesaka SA may borrow up to an aggregate amount of ZAR 2,155,739,382 for the sole purpose of refinancing the existing facilities”

LESAKA TECHNOLOGIES INC completed an acquisition involving Crossfin Apis Transactional Solutions (Pty) Ltd and Adumo ESS (Pty) Ltd (closed 2024-10-01).

“On May 7, 2024, Lesaka Technologies, Inc. ("Lesaka" or the "Company") entered into a Sale and Purchase Agreement (the "Purchase Agreement") with Lesaka Technologies (Proprietary) Limited ("Lesaka SA"), and Crossfin Apis Transactional Solutions (Pty) Ltd and Adumo ESS (Pty) Ltd ("the Sellers").”

LESAKA TECHNOLOGIES INC completed an acquisition involving Crossfin Apis Transactional Solutions (Pty) Ltd and Adumo ESS (Pty) Ltd for issuance of 17,279,803 shares of the Company's common stock and a ZAR 232,158,422 million payment in cash (closed 2024-10-01).

“On October 1, 2024, all conditions related to the Acquisition were fulfilled and the transaction closed. The purchase consideration was settled through the combination of an issuance of 17,279,803 shares of the Company's common stock and a ZAR 232,158,422 million payment in cash.”

Dan L. Smith was appointed as Director at LESAKA TECHNOLOGIES INC.

“On September 3, 2024, the Board also appointed Mr. Smith as a director of the Company, also effective from the Effective Date”

Dan L. Smith was appointed as Group Chief Financial Officer, Treasurer and Secretary at LESAKA TECHNOLOGIES INC.

“On September 3, 2024, the Board approved the appointment of Dan L. Smith, age 52, as GCFO, Treasurer and Secretary of the Company, effective on the Effective Date.”

Naeem E. Kola was appointed as Group Chief Operating Officer at LESAKA TECHNOLOGIES INC.

“On September 3, 2024, the Board approved that, on October 1, 2024 ("Effective Date"), Mr. Naeem E. Kola will be appointed to serve as Group Chief Operating Officer ("GCOO") of the Company.”

Dean Sparrow was appointed as Independent Non-Executive Director at LESAKA TECHNOLOGIES INC.

“On September 3, 2024, the Board, approved the appointment of Mr. Dean Sparrow, age 49, to the Board as an independent, non-executive director, effective upon completion of the Adumo acquisition,”

Monde Nkosi resigned as Director at LESAKA TECHNOLOGIES INC.

“On September 5, 2024, Mr. Monde Nkosi advised the Board of his intention to resign, effective upon completion of the Adumo transaction, from the Board and all Board committees on which he serves.”

Chris Meyer resigned as Director at LESAKA TECHNOLOGIES INC.

“On September 3, 2024, Mr. Chris Meyer advised Lesaka Technologies, Inc.'s (the "Company") board of directors ("Board") of his intention to resign, effective October 1, 2024, from the Board and all Board committees on which he serves.”

Javed Hamid resigned as director at LESAKA TECHNOLOGIES INC.

“On June 13, 2024, Mr. Javed Hamid advised Lesaka Technologies, Inc.'s (the "Company") board of directors of his intention to resign, effective September 30, 2024, from the Company's board and all committees on which he serves.”

LESAKA TECHNOLOGIES INC reported third quarter ended March 31, 2024 results: revenue $138.2 million, net income $4.0 million, EPS $0.06. Guidance raised.

“Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the third quarter ended March 31, 2024 ("Q3 2024"). Performance Highlights for Q3 2024 : Revenue of $138.2 million (ZAR 2.6 billion) 1 in Q3 2024, compared to $134.0 million (ZAR 2.4 billion) 1 for the third quarter ended March 31, 2023 ("Q3 2023"), an increase of 9% in South African Rand”

LESAKA TECHNOLOGIES INC entered into Sale Agreement with Adumo (RF) Proprietary Limited valued at ZAR 1.59 billion ($85.9 million) (effective 2024-05-07).

“On May 7, 2024, Lesaka Technologies, Inc. ("Lesaka"), entered into a Sale and Purchase Agreement (the "Sale Agreement") with Lesaka Technologies Proprietary Limited ("Lesaka SA"), and the Sellers (as defined in the Sale Agreement).”

LESAKA TECHNOLOGIES INC reported the second quarter ended December 31, 2023 results: revenue Revenue of $143.9 million, net income Net loss of $2.7 million. Guidance reaffirmed.

“Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter ended December 31, 2023 ("Q2 2024"). Performance Highlights for Q2 2024 : Revenue of $143.9 million (ZAR 2.7 billion) 1 in Q2 2024, compared to $136.1 million (ZAR 2.4 billion) 1 for the second quarter ended December 31, 2022 ("Q2 2023"). In South African Rand ("ZAR"), revenue”

Kuben Pillay was appointed as Lead Independent Director at LESAKA TECHNOLOGIES INC.

“On December 4, 2023, the Company announced that, effective February 1, 2024, Mr. Ali Mazanderani will be appointed Executive Chairman and that Mr. Kuben Pillay will step down as Chairman of the Board and will be appointed the Company's Lead Independent Director.”

Ali Mazanderani was appointed as Executive Chairman at LESAKA TECHNOLOGIES INC.

“On December 4, 2023, the Company announced that, effective February 1, 2024, Mr. Ali Mazanderani will be appointed Executive Chairman”

Chris Meyer resigned as Group Chief Executive Officer at LESAKA TECHNOLOGIES INC.

“On November 28, 2023, Lesaka Technologies, Inc. (the "Company") Group Chief Executive Officer, Mr. Chris Meyer, informed the Company's Board of Directors ("Board) of his intention to resign from his position as Group Chief Executive Officer of the Company effective as of February 29, 2024.”

LESAKA TECHNOLOGIES INC amended Amendment and Restatement Agreement with FirstRand Bank Limited (acting through its Rand Merchant Bank division) (effective 2023-11-24).

“On November 24, 2023, Lesaka Technologies, Inc. ( “Lesaka” ), through Lesaka Technologies Proprietary Limited ( “Lesaka SA” ), entered into an Amendment and Restatement Agreement (the “ Amendment ”), which includes an Amended and Restated Senior Facility G Agreement ( “Facility G Agreement” ) and an Amended and Restated Senior Facility H Agreement ( “Facility H Agreement” ) (collectively, the “ Loan Documents ”) with FirstRand Bank Limited (acting through its Rand Merchant Bank division) (“ RMB ” or the “ Lenders ”).”

LESAKA TECHNOLOGIES INC shareholders approved Non-Binding Advisory Vote Regarding Whether an Advisory Vote on Executive Compensation Will Occur Every One, Two or Three Years.

“The votes cast on this proposal were as follows: Votes cast Every year Every two years Every three years Abstain Broker non- votes 28,803,417 2,536 7,058 20,245 17,594,169”

LESAKA TECHNOLOGIES INC shareholders approved Advisory Vote to Approve Executive Compensation.

“The compensation of the Company's named executive officers was approved, on an advisory, non-binding basis, and the votes cast were as follows: Votes cast For Against Abstain Broker non- votes 33,975,194 1,138,740 1,016,750 10,296,741”

LESAKA TECHNOLOGIES INC shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2024-06-30 meeting.

“The ratification of the selection of KPMG, Inc. as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2024, was approved and the votes cast were as follows: Votes cast For Against Abstain 45,986,911 418,327 22,187”

LESAKA TECHNOLOGIES INC shareholders approved Election of Directors.

“All director nominees were elected and the votes cast were as follows: Director Votes for Votes withheld Broker non-votes Kuben Pillay 35,287,463 843,221 10,296,741 Chris G.B. Meyer 35,550,020 580,664 10,296,741 Naeem E. Kola 34,331,184 1,799,500 10,296,741 Antony C. Ball 35,068,675 1,062,009 10,296,741 Nonku N. Gobodo 36,074,690 55,994 10,296,741 Javed Hamid 36,017,670 113,014 10,296,741 Steven J. Heilbron 33,955,039 2,175,645 10,296,741 Lincoln C. Mali 34,306,684 1,824,000 10,296,741 Ali Mazanderani 34,943,929 1,186,755 10,296,741 S. Vennessa Naidoo 36,075,196 55,488 10,296,741 Monde Nkosi 35,501,599 629,085 10,296,741 Ekta Singh-Bushell 35,641,944 488,740 10,296,741”

LESAKA TECHNOLOGIES INC reported first quarter ended September 30, 2023 results: revenue $136.1 million. Guidance reaffirmed.

“Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the first quarter ended September 30, 2023 ("Q1 2024"). Performance Highlights for Q1 2024 : Revenue of $136.1 million (ZAR 2.5 billion) 1 in Q1 2024, compared to $124.8 million (ZAR 2.1 billion) 1 for the first quarter ended September 30, 2022 ("Q1 2023"). In South African Rand ("ZAR") revenue”

LESAKA TECHNOLOGIES INC reported Q4 2023 results: revenue $133.1 million, net income $(11.9) million, EPS $(0.19).

“Revenue of $133.1 million (ZAR 2.5 billion) 1 in Q4 2023, compared to $121.8 million (ZAR 1.9 billion) 1 for the quarter ended June 30, 2022 ("Q4 2022"), with the 9% increase attributable to inclusion of the Connect Group for the full period and its continued outperformance, as well as the successful turnaround of the Consumer Division ("Consumer").”

Sharron Vanessa Naidoo was appointed as Independent Non-Executive Director at LESAKA TECHNOLOGIES INC.

“On June 30, 2023, the board of directors (the 'Board') of Lesaka Technologies, Inc., a Florida corporation (the ' Company '), appointed Ms. Sharron Vanessa Naidoo to the Board as an independent, non-executive director, effective July 1, 2023, for a term that will expire at the Company's next annual meeting of shareholders.”

LESAKA TECHNOLOGIES INC reported third quarter ended March 31, 2023 results: revenue $134.0 million, net income Net loss attributable to Lesaka of $5.8 million, EPS $(0.09). Guidance reaffirmed.

“Lesaka Reports Third Quarter 2023 Results - Continued improvement in financial performance further evidences successful turnaround JOHANNESBURG, May 9, 2023 - Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the third quarter ended March 31, 2023 ("Q3 2023") Performance Highlights for Q3 2023 : Revenue of $134.0 million (ZAR 2.4 billion) 1 in Q3 2023, compared to $35.2 million (ZAR 549.8 million) 1 for the quarter ended March 31, 2022 ("Q3 2022"), with the 381% increase largely as a result of the inclusion and continued outperformance of the Connect Group (including Kazang) and momentum in the successful turnaround of the Consumer Division. Net loss attributable to Lesaka of $5.8 million (ZAR 104.4 million) 1 in Q3 2023, compared to $3.3 million (ZAR 51.9 million) 1 in Q3 2022. Operating income (loss) before PPA amortization and net interest, a non-GAAP measure and reconciled in Attachment B, was income of $1.9 million (ZAR 34.0 million) 1 in Q3 2023, compa”

LESAKA TECHNOLOGIES INC engaged KPMG Inc. as its auditor.

“On May 9, 2023, Lesaka's Audit Committee appointed, and the Company engaged, KPMG Inc. (" KPMG ") in South Africa, an independent accountant, as its certifying accountant beginning July 1, 2023, the first day of Lesaka's 2024 fiscal year.”

LESAKA TECHNOLOGIES INC amended credit facility of increase by ZAR 200,000,000 with FirstRand Bank Limited (acting through its Rand Merchant Bank division) at unknown maturing December 31, 2027.

“On March 22, 2023, Lesaka, through CCMS, entered into a First Amendment and Restatement Agreement, which includes, among other agreements, an Amended and Restated Facilities Agreement ( "CCMS Facilities Agreement" ) with RMB. The CCMS Facilities Agreement was amended to increase the facilities available under the CCMS Facilities Agreement by R200,000,000. The final maturity date has been extended to December 31, 2027, and scheduled principal repayments have been amended, with the first scheduled repayment commencing from March 31, 2026.”

LESAKA TECHNOLOGIES INC amended credit facility of approximately ZAR 357.4 million with FirstRand Bank Limited (acting through its Rand Merchant Bank division) at same basis as Facility G: 3-month JIBAR plus margin (see Facility G rates) maturing December 31, 2025.

“Pursuant to the Facility H Agreement, Lesaka SA may borrow up to an aggregate of approximately ZAR 357.4 million. From January 1, 2023, interest on Facility H is calculated on the same basis as for Facility G.”

LESAKA TECHNOLOGIES INC amended credit facility of approximately ZAR 708.6 million, consisting of a term loan of ZAR 508.6 million and a revolving credit facility of up to with FirstRand Bank Limited (acting through its Rand Merchant Bank division) at 3-month JIBAR plus margin: (i) 5.50% if aggregate Facility G+H balance > ZAR 800 maturing December 31, 2025.

“Pursuant to the Facility G Agreement, Lesaka SA may borrow up to an aggregate of approximately ZAR 708.6 million. Facility G now includes a term loan of ZAR 508.6 million and a revolving credit facility of up to ZAR 200 million. Interest on Facility G is based on the 3-month Johannesburg Interbank Agreed Rate ("JIBAR") in effect from time to time plus a margin, as a result of the amendment, from January 1, 2023 of: (i) 5.50% for as long as the aggregate balance under Facility G and Facility H (together, the "Facilities" ) is greater than ZAR 800 million; (ii) 4.25% if the aggregate balance under the Facilities is equal to or less than ZAR 800 million, but greater than ZAR 350 million; or (iii) 2.50% if the aggregate balance under the Facilities is less than ZAR 350 million.”

LESAKA TECHNOLOGIES INC amended Fifth Amendment and Restatement Agreement with FirstRand Bank Limited (acting through its Rand Merchant Bank division) valued at Lesaka SA may borrow up to an aggregate of approximately ZAR 708.6 million under Facility G and up t (effective 2023-03-16).

“On March 16, 2023, Lesaka Technologies, Inc. ( "Lesaka" ), through Lesaka Technologies Proprietary Limited ( "Lesaka SA" ), entered into a Fifth Amendment and Restatement Agreement, which includes, among other agreements, an Amended and Restated Common Terms Agreement ( "CTA" ), an Amended and Restated Senior Facility G Agreement ( "Facility G Agreement" ) and an Amended and Restated Senior Facility H Agreement ( "Facility H Agreement" ) (collectively, the " Loan Documents ") with FirstRand Bank Limited (acting through its Rand Merchant Bank division) (" RMB " or the " Lenders ").”

LESAKA TECHNOLOGIES INC reported second quarter ended December 31, 2022 results: revenue $136.1 million, net income $6.6 million, EPS $0.11 per diluted share. Guidance reaffirmed.

“Performance for Q2 2023: Revenue of $136.1 million (ZAR 2.4 billion) 1 in Q2 2023, compared to $31.1 million (ZAR 478.5 million) 1 for the quarter ended December 31, 2021 ("Q2 2022"), exceeding the upper end of guidance by 4%, driven predominantly by strong outperformance in the Merchant Division. Significant improvement demonstrated with an operating loss of $2.2 million (ZAR 38.4 million) 1 in Q2 2023, representing a 74% improvement from an operating loss of $9.4 million (ZAR 145.0 million) 1 reported for Q2 2022. Net loss narrowed to $6.6 million, or $0.11 per diluted share, compared to a net loss of $12.4 million or, $0.22 per diluted share last year. Excellent performance from Merchant Division, exceeding guidance and delivering Segment Adjusted EBITDA of $9.1 million (ZAR 159.7 million) 1 in Q2 2023. Growth and momentum expected to continue, driven by secular trends underpinning financial inclusion, cash management and digitization for MSMEs ("Micro, Small and Medium Enterprises"”

Alex M.R. Smith resigned as Chief Accounting Officer at LESAKA TECHNOLOGIES INC.

“On January 17, 2023, Lesaka Technologies, Inc. (the "Company") announced that Alex M.R. Smith will resign from his position as Chief Accounting Officer of the Company, effective as of March 1, 2023.”

LESAKA TECHNOLOGIES INC amended credit facility with FirstRand Bank Limited, acting through its Rand Merchant Bank division maturing December 31, 2025.

“Pursuant to the Amendment Agreement, the Senior Facility G Agreement is amended to (i) extend the final maturity date by approximately two years and eight months to December 31, 2025, (ii) delete the definitions of Trigger Event and Trigger Event Date and (iii) delete the clause (clause 12) regarding the operation of any trigger event.”

LESAKA TECHNOLOGIES INC amended Amendment Agreement with FirstRand Bank Limited, acting through its Rand Merchant Bank division (effective 2022-12-29).

“On December 29, 2022, Lesaka Technologies, Inc., through Lesaka Technologies (Pty) Ltd, entered into an Amendment Agreement (the "Amendment Agreement"), with FirstRand Bank Limited, acting through its Rand Merchant Bank division, which amends its Senior Facility G Agreement and its Senior Facility H Agreement.”

LESAKA TECHNOLOGIES INC incurred revolving credit of up to an aggregate of ZAR 300.0 million with FirstRand Bank Limited (acting through its Rand Merchant Bank division) at South Africa prime rate in effect from time to time plus a margin of 0.95% per a.

“make investments, engage in certain business combinations and engage in other corporate activities. Pursuant to the Loan Document, CCC may borrow up to an aggregate of ZAR 300.0 million ("Revolving Credit Facility") for the sole purposes of funding CCC's consumer lending business, providing a limited recourse loan to K2020, settling up to ZAR 35.0 million”

LESAKA TECHNOLOGIES INC entered into Revolving Credit Facility Agreement with FirstRand Bank Limited (acting through its Rand Merchant Bank division) valued at ZAR 300.0 million (effective 2022-11-29).

“On November 29, 2022, Lesaka Technologies, Inc. ("Lesaka"), through its indirect South African subsidiary Cash Connect Capital Proprietary Limited ("CCC"), entered into a Revolving Credit Facility Agreement (the "Loan Document") with FirstRand Bank Limited (acting through its Rand Merchant Bank division) ("RMB" or the "Lenders") and other Lesaka subsidiaries within the Connect Group of companies listed therein, as guarantors.”

LESAKA TECHNOLOGIES INC shareholders approved Approval of the Amendment and Restatement of the Amended and Restated Stock Incentive Plan.

“Proposal No. 4-Approval of the Amendment and Restatement of the Amended and Restated Stock Incentive Plan The amendment and restatement of the Company's current Amended and Restated Stock Incentive Plan was approved and the votes cast were as follows: Votes cast For Against Abstain Broker non- votes 36,610,309 1,438,581 58,826 10,147,198”

LESAKA TECHNOLOGIES INC shareholders approved Advisory Vote to Approve Executive Compensation.

“Proposal No. 3-Advisory Vote to Approve Executive Compensation The compensation of the Company's named executive officers was approved, on an advisory, non-binding basis, and the votes cast were as follows: Votes cast For Against Abstain Broker non- votes 28,245,195 2,433,416 7,429,105 10,147,198”

LESAKA TECHNOLOGIES INC shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-06-30 meeting.

“Proposal No. 2-Ratification of Selection of Independent Registered Public Accounting Firm The ratification of the selection of Deloitte & Touche (South Africa) as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2023, was approved and the votes cast were as follows: Votes cast For Against Abstain 47,921,023 323,926 9,965”

LESAKA TECHNOLOGIES INC shareholders approved Election of Directors.

“Proposal No. 1-Election of Directors All director nominees were elected and the votes cast were as follows: Director Votes for Votes withheld Broker non-votes Kuben Pillay 37,587,012 520,704 10,147,198 Chris G.B. Meyer 37,312,648 795,068 10,147,198 Naeem E. Kola 36,117,504 1,990,212 10,147,198 Antony C. Ball 36,690,226 1,417,490 10,147,198 Nonku N. Gobodo 37,141,387 966,329 10,147,198 Javed Hamid 37,033,486 1,074,230 10,147,198 Steven J. Heilbron 36,091,837 2,015,879 10,147,198 Lincoln C. Mali 36,093,888 2,013,828 10,147,198 Ali Mazanderani 36,635,634 1,472,082 10,147,198 Monde Nkosi 35,934,987 2,172,729 10,147,198 Ekta Singh-Bushell 37,577,427 530,289 10,147,198”