Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 83

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 4
Chunk 83
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   6      CTK Shall 1 (Pty) Ltd was renamed to Cartrack Academy (Pty) Ltd on June 20, 2024.  
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   7      This entity was deregistered after February 28, 2025.  
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  PROPERTY, PLANT AND EQUIPMENT  

Our principal executive office in Singapore is our
premises at 17 Kallang Junction #06-05/06 Singapore 339274 which is leased upon the terms set out below. With effect from September 2024,
the construction of our South African central office in Johannesburg, South Africa has been completed and is occupied by Cartrack. We
also have lease agreements for office space at two other locations as set out below.

  Lessee                                          Lessor                                 Address                                                                                     Term                                   
  Karooooo Management Company Pte Ltd             SB (17KJ) Investment Pte Ltd           17 Kallang Junction #06-05/06 Singapore 339274                                              April 04, 2023 to October 03, 2028     
  Cartrack Manufacturing Proprietary Limited      Stand 222 Republic Road (Pty) Ltd      Cnr Cherry Drive & Republic Rd, Randburg, Johannesburg, Gauteng, South Africa.              January 01, 2025 to December 31, 2027  
  Cartrack Academy (Pty) Ltd                      Growthpoint Properties Limited         Grosvenor Corner, 195 Jan Smuts Avenue, Rosebank, Johannesburg, Gauteng, South Africa.      September 01, 2024 to August 31, 2029  
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We use these offices for finance, legal, human resources,
information technology, sales, marketing, manufacturing, training and education and other administrative functions.

We currently have seven data center sites providing coverage
and high-speed access to all customers. The locations of the data centers are in the Netherlands, United Arab Emirates (Dubai), France
and two each in Singapore and South Africa.

We believe that our facilities are adequate for our current
needs and that suitable additional or substitute space will be available as needed to accommodate any