Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 141

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 8
Chunk 141
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 the Singapore Companies Act, the board of directors may, without the approval of shareholders, declare and pay interim
dividends, but any final dividends the board declares must be approved by an ordinary resolution at a general meeting of shareholders.

In accordance with the stated
dividend policy above, an interim dividend of 1.08 U. S. cents per ordinary share, pertaining to the second quarter of Karooooo’s
2025 financial year, that was paid out of Karooooo’s retained earnings, on August 12, 2024 (in South Africa) and August 14, 2024
(in the US) to shareholders on record as at the close of business on August 8, 2024. Although Karooooo’s reporting currency is ZAR,
its statutory filings in Singapore are reported in USD, as a result of which dividends are declared in USD.

  SIGNIFICANT CHANGES  
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See Note 35 in the notes to the
consolidated financial statements attached to this annual report for discussion of subsequent events since the date of our most recent
audited financial statements.

Item 9. THE OFFER AND LISTING