Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 143

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 10
Chunk 143
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Item 10. ADDITIONAL INFORMATION

  SHARE CAPITAL  

Not applicable.

  MEMORANDUM AND ARTICLES OF ASSOCIATION  

The information required by this
section, including a summary of certain key provisions of our constitution, has been included previously in our Registration Statement
on Form F-1 (Registration No. 333-253625) as filed under the Securities Act with the SEC on February 26, 2021 and has not changed since,
and therefore is incorporated by reference to that Registration Statement. A copy of our constitution is attached as Exhibit 1.1 to this
annual report. For additional information on our memorandum and articles of association, please see Exhibit 2.2 “ Description of
Ordinary Shares” to this annual report.

  MATERIAL CONTRACTS  

We have not entered into any material
contracts other than in the ordinary course of business and other than as may be described in Item 5. B. “ Operating and Financial
Review and Prospects - Liquidity and Capital Resources,” Item 7. B. “ Major Shareholders and Related Party Transactions - Related
Party Transactions” or elsewhere in this annual report.

  EXCHANGE CONTROLS  
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There are no governmental laws, decrees, regulations or
other legislation of Singapore that may affect:

  the import or export of capital including the availability  

  the remittance of dividends, interests or other payments                                                                        

The risks associated with exchange controls experienced
in the ordinary course of business are described in Item 3. D. “ Key Information - Risk Factors.”

  TAXATION  

TAX CONSIDERATIONS

The following are material
Singaporean, South African and U. S. federal income tax considerations relevant to an investment in our ordinary shares. This discussion
does not address all of the tax consequences that may be relevant in light of the investor’s particular circumstances. Potential
investors should consult their tax advisers regarding the Singaporean, South African, U. S. federal, state and local, and non-U. S. tax
consequences of owning and disposing of our ordinary shares in their particular circumstances.

Singaporean Tax Considerations

The statements made herein regarding
taxation are general in nature and based on certain aspects of current tax laws of Singapore and administrative guidelines issued by the
relevant authorities in force as at the date of this annual report and are subject to any changes in such laws or administrative guidelines,
or in the interpretation of these laws or guidelines, occurring after such date, which changes could