The Board of Liberty Holdings Limited has declared the Special Distribution in an amount of ZAR 11.10 per Liberty Share, which will be paid out of Liberty's contributed tax capital relating to the Liberty Shares to all Qualifying Liberty Shareholders registered as such on the Special Distribution Record Date of February 25, 2022. The Special Distribution will be paid simultaneously with the Scheme Consideration on the Scheme Implementation Date i.e. on or about February 28, 2022.