X0306 4 2020-03-26 0 0001041514 NET 1 UEPS TECHNOLOGIES INC UEPS 0001456417 International Value Advisers, LLC 717 FIFTH AVENUE 10TH FLOOR NEW YORK NY 10022 0 0 1 0 0001677704 DE VAULX CHARLES 717 FIFTH AVENUE, 10TH FLOOR NEW YORK NY 10022 0 0 1 0 0001677702 DE LARDEMELLE CHARLES 717 FIFTH AVENUE, 10TH FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock 2020-03-26 4 S 0 102290 3.29 D 2160614 I See Footnote Common Stock 2020-03-27 4 S 0 336455 3.21 D 1824159 I See Footnote Shares of the common stock (the "Shares") of Net 1 UEPS Technologies Inc. ("the Issuer") held directly by IVA International Fund, a series of IVA Fiduciary Trust ("IVA International"). International Value Advisers ("IVA") serves as investment adviser to IVA International. Charles de Vaulx and Chuck de Lardemelle, as co-Chief Investment Officers and managing members of IVA, may be deemed to have an indirect pecuniary interest in their proportionate interest in the Shares of the Issuer owned directly by IVA International. Each of IVA, Mr. de Vaulx and Mr. de Lardemelle disclaims Section 16 beneficial ownership of the Shares of the Issuer held directly by IVA International. /s/Charles de Vaulx as managing member of International Value Advisers, LLC 2020-03-30 /s/ Charles de Vaulx 2020-03-30 /s/ Charles de Lardemelle 2020-03-30