EQUITY OWNERSHIP

At Dimension Data we believe that empowerment is synonymous with transformation. Not only of our company, but also our country. Our vision for transforming our company, uplifting our people and building our nation has become a reality with the concluded sale of 25.01% of the company to a broad-based BEE consortium led by Chairman Designate, Andile Ngcaba.

“We believe this BEE transaction to be the right one for DDSA. Firstly, it has the direct involvement of the BEE consortium in the management of the company and it also provides all parties with a strong incentive to grow the business. In addition, it includes a significant element of broad-based participation and recognises that transformation of the company is the key to its success. Therefore, it has short and long term benefits for all stakeholders - shareholders, employees, BEE participants and South Africa.” Jeremy Ord, Executive Chairman of Dimension Data plc.

Dimension Data South Africa’s (DDSA) shareholding structure is as follows:

The 10.20% broad-based BEE holding will be used in a variety of ways. In total, 2.97% of the shareholding will be used for development initiatives, while 7.23% will be allocated to current and future Dimension Data South Africa employees from historically disadvantaged backgrounds and other black business partners.

Many of the South African provinces are represented by the group of broad-based BEE participants and the chosen initiatives support educational and developmental projects managed by women. The initiatives include a women-owned construction company and a support group for women affected by violence and abuse.