Growth of WeBuyCars

The WeBuyCars Story From a family-owned business, WeBuyCars has grown into SA's leading pre-owned vehicle trader 2001 WeBuyCars founded by the van der Walt brothers. 2001 2011 Capacity expanded - 700 vehicles. 2016 - 2018 2014 • Launch of supermarkets in • Cape Town, Durban and Midstream. Buying pods established at selected retail malls. Expanded product offering in collaboration with finance & insurance providers. Notes: 1.Business to Consumer 2. Business to Business 2020 • • 2016 2011 2010 2010 · 1st supermarket built in Pretoria - capacity 100 vehicles. 2014 . Expanding nationally and appointing first buyers in all major towns in South Africa. 2019 • • 2020 Public e-commerce auctions launched 'B2C' 1 & 'B2B' 2. Transaction Capital ("TC") acquires a non- controlling 49.9% stake in WeBuyCars. Buying and selling over 6k vehicles per month. 2022 & 2023 Consistently buying and selling over 12k vehicles per month. Large-scale physical expansion. 2019 • Opening of new supermarkets in Durban (2nd) and Port Elizabeth. • Silver Lakes relocated to larger premises. New mega supermarket in Cape Town. Artificial intelligence developed | IP to automate optimal vehicle pricing. Expanded offering to include tracking services. 2024 2021 2023 2021 ° TC increases its effective shareholding in WeBuyCars to 74.9%. Purchase of the Dome in Johannesburg expanding its footprint and becoming one of the biggest pre-owned vehicle supermarkets globally. 2024 14k vehicles sold in January. Intention to Unbundle and List WeBuyCars Holdings on the Main Board of the JSE. 3

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