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Annexure A - Shareholder analysis

  Number of
shareholders
Percentage Holdings Percentage
Range of shareholders        
1 - 100 shares 59 300 70.64 1 890 208 0.38
101 - 1 000 shares 21 666 25.81 5 687 824 1.11
1 001 - 10 000 shares 2 306 2.75 6 378 280 1.25
10 001 - 50 000 shares 379 0.45 8 858 585 1.73
50 001 - 100 000 shares 92 0.11 6 412 998 1.25
100 001 - 1 000 000 shares 162 0.19 53 555 596 10.48
1 000 001 and more shares 44 0.05 428 356 748 83.80
  83 949 100 511 140 239 100
Type of shareholder        
Banks/brokers 79 0.09 45 708 781 8.94
Close corporations 34 0.04 76 528 0.01
Endowment funds 91 0.11 528 131 0.10
Individuals 80 631 96.04 16 125 055 3.17
Insurance companies 47 0.06 9 836 321 1.92
Investment companies 4 – 549 608 0.11
Medical aid schemes 22 0.03 1 099 994 0.22
Mutual funds 225 0.27 85 538 502 16.73
Other corporations 126 0.15 207 126 295 40.52
Private companies 166 0.20 2 225 312 0.44
Public companies 271 0.32 115 282 373 22.55
Retirement funds 6 0.01 24 110 298 4.72
Telkom Treasury Stock 2 247 2.68 2 933 041 0.57
  83 949 100 511 140 239 100
Geographical holdings by owner        
South Africa 83 736 99.75 453 010 020 88.63
United States 39 0.05 43 710 806 8.55
United Kingdom 23 0.03 8 873 346 1.74
Europe 122 0.14 3 387 435 0.66
Other 29 0.03 2 158 632 0.42
  83 949 100 511 140 239 100
  Holdings %
Beneficial shareholders of more than 2%    
The Government of the Republic of South Africa 207 038 076 40.52
Government Employees Pension Fund 81 200 364 15.89
PSG Financial Services 20 299 471 3.97
Telkom Treasury Stock 24 110 298 4.72
M&G Investments 15 302 571 2.99
Old Mutual 13 169 101 2.58
  361 119 881 70.67
Foreign custodians holding 2% or more    
Citibank (Custodian) 23 949 009 4.69
State Street Bank & Trust Co (Custodian) 12 383 717 2.42
  36 332 726 7.11
 Public and non-public shareholders Number of shareholders Percentage Holdings Percentage
Non-public shareholders 30 0.04 231 375 430 45.27
The Government of the Republic of South Africa 18 0.02 207 038 058 40.52
Government buffer account 1 0.00 9 461 0.00
Telkom Treasury Stock 1 0.00 24 110 298 4.72
Executive and Non-executive Directors and Prescribed Officers and their respective associates1 6 0.02 57 434 0.01
Subsidiaries' Directors1 4 0.00 160 179 0.02
Public shareholders        
Institutional and retail investors 83 919 99.96 279 764 809 54.73
  83 949 100 511 140 239 100
1 Directors' holdings comprise direct and indirect beneficial holdings.

The information above is based on registered shareholders, except where only beneficial shareholders' information was available as at 31 March 2024.

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