Company: KARO
Filing Date: 2025-06-09
Form Type: 20-F
Source: 0001213900-25-052372
Chunk: 40

Company: Karooooo Ltd.
Filing Date: 2025-06-09
Form: 20-F
Item: Item 3
Chunk 40
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 us with
a competitive advantage.

We enter into confidentiality
agreements with our employees, independent contractors and other individual advisors and enter into confidentiality agreements with licensees
and other third parties, including suppliers and partners. We have not entered into invention assignment agreements with licensees and
third parties. However, we cannot guarantee that we have entered into such agreements with each party that has or may have had access
to our proprietary information, know-how and trade secrets. Moreover, no assurances can be given that these agreements effectively prevent
access to, distribution, use, misuse, misappropriation, reverse engineering or disclosure of confidential or proprietary information.
Further, these agreements may not provide adequate remedy in the event of unauthorized disclosure of confidential or proprietary information.
In addition, others may independently discover our trade secrets or develop similar technologies and processes, and, in either event we
would not be able to assert trade secret rights.

We also rely to a limited extent
on trademark and copyright law. We have no patents or patent applications. We cannot make any assurances that any future trademark registrations
will be issued for pending or future applications or that any registered trademarks will be enforceable or provide adequate protection
of our proprietary rights. Intellectual property rights protection is territorial in nature and therefore, successfully obtaining intellectual
property rights protection in one jurisdiction may not necessarily provide protection in another jurisdiction. For example, while we have
obtained certain registered trademarks in South Africa, Namibia, Nigeria and Tanzania, we have not obtained registered trademarks in all
of the jurisdictions in which we operate or plan to operate. Accordingly, we rely primarily on common law or unregistered rights in such
jurisdictions, which may not provide the same scope of protection as registered trademarks and may be insufficient for our business. In
addition, third-parties have filed, and may in the future file, for registration of trademarks similar or identical to our trademarks,
thereby impeding our ability to build brand identity and possibly leading to market confusion. In addition, there could be potential trade
name or trademark infringement claims brought by owners of other registered trademarks or trademarks that incorporate variations of our
registered or unregistered trademarks or trade names.

We cannot guarantee that any patents
or trademarks will issue from any future patent or trademark applications, that any patents or trademarks that issue from such applications
will give us the protection that we seek, or that any such patents or trademarks will not be challenged, invalidated, or circumvented.
Any patents or trademarks that may be issued in the future from future