COGNITION HOLDINGS LIMITED - Trading Statement

Trading Statement

COGNITION HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1997/010640/06)
Share code: CGN      ISIN: ZAE000197042
(“the company”)


TRADING STATEMENT


In terms of the Listings Requirements of the Johannesburg Stock Exchange, companies are
required to publish a trading statement as soon as they become reasonably certain that the
financial results for the period to be reported on will differ by more than 20% from those for the
previous corresponding period.

Shareholders of the company are advised that it is reasonably certain that, for the six months
ended 31 December 2022:

       •   Headline earnings per share are expected to be between 0.60 and 0.75 cents per
           share, representing an increase compared to the headline loss of 0.70 cents per
           share reported for the six months ended 31 December 2021.

The improvement in headline earnings per share is the result of cost rationalisation in the
operations of the company.

       •   Earnings per share are expected to be between 25.5 and 30.5 cents per share,
           representing an increase compared to the loss of 23.81 cents per share reported for
           the six months ended 31 December 2021.

The improvement in earnings per share is as a result of the profit realised from the disposal of
Private Property South Africa Proprietary Limited during 2022, as well as an absence of
impairment of goodwill or intangible assets within the continuing operations for the period, which
was the case in the six months ended 31 December 2021.

The financial information on which this trading statement is based has not been reviewed or
reported on by the company’s auditors. The company’s interim financial results are expected to
be released on SENS on or about 8 March 2023.

Johannesburg
1 March 2023


Sponsor
AcaciaCap Advisors Proprietary Limited

Date: 01-03-2023 03:18:00
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