Second quarter operational update - FY2021 and Trading Statement CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028320 (“Cashbuild” or “the Group”) SECOND QUARTER OPERATIONAL UPDATE – FY 2021 AND TRADING STATEMENT Cashbuild herewith provides its voluntary quarterly operational update. Revenue for the second quarter for the Cashbuild Group was up 21% on the second quarter of the prior financial year. The 303 existing stores revenue increased by 19% and the 14 new stores contributed 2%. This, combined with the growth reported in the first quarter, equates to an increase in revenue for the half year of 21% compared to the prior half year. Transactions through the tills during the second quarter for the Cashbuild Group increased by 10% (half year: 14%) to that of the comparative period, with existing stores increasing by 7% (half year: 11%) and new stores increasing by 3% (half year: 3%). Selling inflation was 4.5% at the end of December 2020 when compared to December 2019. A revenue performance breakdown per operating segment is reflected in the following table: Revenue performance 1st Half FY2021 versus 1st Half FY2020 Operating Segment Percentage Total New Existing of Total Growth Growth Growth Sales % % % Cashbuild South Africa Q1 80 25 4 21 Q2 80 23 2 21 Half Year 80 24 3 21 Cashbuild Common Monetary Areas Q1 6 28 - 28 Q2 6 27 1 26 Half Year 6 28 1 27 Cashbuild Other * Q1 4 14 2 12 Q2 5 24 (1) 25 Half Year 4 19 - 19 P&L Hardware South Africa Q1 10 7 3 4 Q2 9 - 2 (2) Half Year 10 4 3 1 Total Group Q1 100 22 3 19 Q2 100 21 2 19 Half Year 100 21 2 19 *Botswana, Malawi and Zambia During the second quarter, the Group opened one new Cashbuild store (half year: three Cashbuild), refurbished one P&L Hardware store (half year: 11 Cashbuild and one P&L Hardware), relocated one Cashbuild store and one P&L Hardware store (half year: two Cashbuild and one P&L Hardware) and one P&L Hardware store was closed at the expiration of its lease agreement (half year: one Cashbuild and three P&L Hardware), bringing the total number of stores trading at the end of the quarter to 317. A store breakdown by operating segment is reflected in the following table: Number of stores – end of quarter two Percentage Total New Existing of total Cashbuild South Africa 72 229 10 219 Cashbuild Common Monetary Areas 5 16 - 16 Cashbuild Other * 4 13 1 12 Cashbuild DIY Pilot stores - 1 - 1 P&L Hardware South Africa 19 58 3 55 Total Group 100 317 14 303 *Botswana, Malawi and Zambia Trading statement Shareholders are advised that Cashbuild is currently finalising its interim results for the six months ended 31 December 2020 (“Interim Period”) which are expected to be released on or about 2 March 2021. In accordance with paragraph 3.4(b) of the JSE Listings Requirements, shareholders are therefore advised that: 1. headline earnings per share (“HEPS”) are expected to increase by a minimum of 100% to 1,524.8 cents for the Interim Period, compared to HEPS of 762.4 cents for the prior comparative period of 31 December 2019 (“Prior Period”); and 2. earnings per share (“EPS”) are expected to increase by a minimum of 100% to 1,496.0 cents for the Interim Period, compared to EPS of 748.0 cents for the Prior Period. The above is mainly attributable to the revenue growth amidst continued cost control. A further trading statement will be released once Cashbuild has reasonable certainty on the range of the increase in HEPS and EPS respectively. The above information has not been reviewed or reported on by Cashbuild’s auditors. 25 January 2021 Sponsor Nedbank CIB Date: 25-01-2021 12:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.