Karooooo (KARO) Registration Filing summary

Company overview and business model

• Provides real-time mobility data analytics solutions for smart transportation globally, using a vertically integrated SaaS platform for connected vehicles and assets.

• Platform enables customers to optimize operations, increase efficiency, improve safety, monitor environmental impact, and manage risk.

• Offers integration with OEM and third-party systems, supporting a range of vehicles including electric vehicles and other mobile assets.

• Focuses on innovation, customer experience, and retention through continuous platform enhancements.

• Incorporated in Singapore in 2018, converted to a public limited company in 2021, with principal offices in Singapore.

Financial performance and metrics

• Financial statements are prepared in accordance with IFRS; reporting currency is ZAR, with statutory filings in USD.

• 30,893,300 ordinary shares issued and outstanding as of the date of the prospectus.

Use of proceeds and capital allocation

• Will not receive any proceeds from the sale of shares by the selling shareholder; proceeds go entirely to the selling shareholder.

• Company bears registration and related offering expenses, while the selling shareholder pays any underwriting or brokerage commissions.