Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 119

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 4A
Chunk 119
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4. Prior to that, Mr. Marais was the Chief Executive Officer of Finance Mart (Pty) Ltd.,
a financial services company, from 1998 to 2001. Mr. Marais began his career in the insurance industry at Broadstreet Financial Advisory
Services, where he was a Managing Member from 1993 to 1998. Mr. Marais holds a Certification in Financial Planning from Milpark Business
School.

Richard Schubertis our Chief Operating Officer. Mr. Schubert joined Cartrack Holdings Limited in 2007 and has held this role at Cartrack Holdings Limited
since 2017, and prior to that, served as Chief Information Officer from 2007 through 2017. Mr. Schubert holds a National Higher Diploma
in Electronic Engineering from the Technikon of the Witwatersrand.

Carmen Calistojoined Cartrack Holdings Limited in February 2020 as Group Chief Marketing Officer. Before joining Cartrack Holdings Limited in this role,
she was a Media Activation Executive at Essence Global from 2019-2020, a global data and measurement-driven full-service agency. Prior
to that, Ms. Calisto interned as an Actuarial Marketer with the Cartrack Group and an Actuarial Advisor at Ernst & Young. She holds
a BSc (Honours) in Actuarial Science from Cass Business School and an MSc in Strategic Marketing from Imperial College London.

Pedro Venturais
our Chief Technology Officer. Mr. Ventura joined Cartrack Holdings Limited in 2015 as a senior Software Engineer and he was promoted to
Chief Technology Officer in November 2020 assuming full responsibility for the strategic and technical direction of Research and Development
and our IT infrastructure. Prior to joining Cartrack Holdings Limited, Mr. Ventura held various senior roles in technology and software
development including being the founder of Internet Business Solutions & Technologies S. A., an Internet based start-up. Mr. Ventura
studied Computer Engineering at the Instituto Superior Técnico in Lisbon.

Family Relationships

Carmen Calisto is the daughter of Isaias (Zak) Jose Calisto.

  COMPENSATION  

Directors and Executive Officer Compensation footnote

The following table provides information about
the aggregate compensation, including benefits in kind, accrued or paid to our executive officers and directors with respect to the years
ended February 2025 and 2024 for services in all capacities:

                                    Year ended February 28/29                                                                         
                                    2025