LESAKA TECHNOLOGIES INC

Under

the

supervision

and

with

the

participation

of

our

management,

our

chairman

and

our

group

chief

financial officer, we conducted

an evaluation of our disclosure controls and procedures, as such term is defined

under Rule 13a-15(e)

promulgated under the Securities Exchange Act of

1934, as amended, as of March

31, 2024. Management recognizes that any controls

and procedures,

no matter how

well designed

and operated, can

provide only reasonable

assurance of achieving

their objectives and

management necessarily applies its judgment in evaluating the cost-benefit relationship of possible controls and procedures. Based on

this evaluation,

the executive

chairman

and the

group chief

financial officer

concluded that

our disclosure

controls and

procedures

were effective as of March 31, 2024.

Changes in Internal Control over Financial Reporting

There have not been any changes in our internal control over financial reporting during the fiscal quarter ended March 31, 2024,

that have materially affected, or are reasonably likely to

materially affect, our internal control over financial reporting.