Net 1 UEPS Technologies (UEPS) executive Mali received 73,734 shares

Insider transactions reported

Lincoln Camagu Mali (executive at Net 1 UEPS Technologies Inc., UEPS) reported that they received 73,734 shares on May 5, 2021. After these transactions the filing shows 150,774 shares held directly.

Reporting person

Mali Lincoln Camagu

Holdings before and after

• Common Stock: 77,040 to 150,774 direct

Footnotes from the filing

1. 1. 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.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

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