Trading Statement for the Year Ended 29 February 2020 VISUAL INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/030975/06) ISIN code: ZAE000187407 Share code: VIS (“the Company”) TRADING STATEMENT FOR THE YEAR ENDED 29 FEBRUARY 2020 In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on will differ by at least 20% from the financial results for the previous corresponding period or a profit forecast previously provided to the market in relation to such period. Shareholders are accordingly advised that a reasonable degree of certainty exists that, for the year ended 29 February 2020: - the basic loss per share will be (9.74) cents, being a decline of 236% compared to the basic loss per share of (2.90) cents reported for the year ended 28 February 2019; and - the headline loss per share will be (11.53) cents, being a decline of 303% compared to the headline loss per share of (2.86) cents reported for the year ended 28 February 2019. This financial information has not been reviewed or reported on by the Company’s auditors. Cape Town 24 March 2021 Designated Advisor AcaciaCap Advisors Proprietary Limited Date: 24-03-2021 09:53:00 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.