PYK Summary of Amendments April 2026

3 B. Changes to Membership Contributions • The Membership Contribution payable for your Membership to the Trust is currently R120.00 per month. • In terms of the Trust Deed, the Trust may review and amend the Membership Contributions, in the manner set out in the Master Regulations. • Every effort is made by the Trust to only increase the Membership Contributions every 2 years, which increase (if any) takes place with effect from 1 April. • Following careful consideration, the Trust resolved that the Membership Contribution will be increased, with effect from 1 April 2026 to R140.00 . • The increased amount will be shown on the Receipts with effect from 1 April 2026. • Payment of the Membership Contributions is a condition of Membership to the Trust. You will not be in Good Standing for a Month if a Membership Contribution was paid i) after the last day of such Month, or ii) if the Membership Contribution was not paid. • If you do not pay your Membership Contribution in any particular Month you may lose your entitlement to the Basic Benefits. C. Changes to the Master Regulations give effect to the changes specified above Pursuant to the above and with effect from 1 April 2026, the Master Regulations is amended by amending and deleting Annexe A.4 dealing with the Membership Contributions and amending the Membership Contribution to R140.00 per month with effect from 1 April 2026. 4. AMENDMENTS TO MEMBERSHIP TERMS AND CONDITIONS BOOKLET A. Change in Membership Contribution • As indicated above the monthly Membership Contribution payable to the Trust is currently R120.00, from which the Trust makes certain payments as set out in Annex D of the Membership Terms and Conditions Booklet.