Cartrack IPO

ROBUST ARR GROWTH DURING PANDEMIC ( 18% under Covid-19 YOY growth rate 2,021 ARR ZAR M As of February 2020 (1)As of February 28 2021 per "Recent Developments in the F-1 2,377" As of February 2021 . Strong ARR growth despite Covid-19 due to agile adaptability • Quarter ending May FY2021 most affected by hard lockdowns · > Despite this we still achieved robust ARR growth Subscriber growth accelerated in HY2021 > All-time record for subscriber growth & financial performance with 70,916 net new subscribers added to platform in the 3 months ended November 30, 2020 32

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