Trading Statement for the six months ended 30 September 2021 PBT Group Limited (Incorporated in the Republic of South Africa) (Registration number: 1936/008278/06) JSE Share code: PBG ISIN: ZAE000256319 ("PBT Group" or “the Company”) TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2021 In terms of paragraph 3.4 of the JSE Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied with a reasonable degree of certainty that the financial results of the period to be reported upon will differ by 20% or more from the financial results of the previous corresponding period. Shareholders of PBT Group (“Shareholders”) are advised that the Company is currently finalising its results for the six months ended 30 September 2021. Results are expected to be as follows: Trading statement for Year on year 6 months ended 6 months ended the 6 months ended change based on 30 September 30 September 30 September 2021 expected ranges 2021 2020 Expected ranges Revenue (ZARm) 18.0% - 22.8% 459.3 – 478.1 389.3 Cash generated from (ZARm) 7.2% - 11.6% 62.7 – 65.2 58.5 operations EBITDA (ZARm) 37.3% - 42.9% 61.9 – 64.4 45.1 Profit after tax (ZARm) 36.7% - 42.3% 40.7 – 42.4 29.8 Normalised headline (ZARm) 70.3% - 77.3% 33.2 – 34.5 19.48 earnings* Headline earning (ZARm) 51.7% - 57.9% 28.6 – 29.8 18.86 Normalised headline (ZAR cents) 66.5% - 73.3% 32.63 – 33.97 19.60 earnings per share* Headline earnings per (ZAR cents) 61.6% - 68.2% 34.26 – 35.66 21.20 share (ZAR cents) Earnings per share 61.8% - 68.4% 34.26 – 35.66 21.18 PBT Group’s financial performance was driven by: 1. Organic revenue growth due to continued demand for PBT Group’s services. 2. Operating expenses being contained, resulting in operating profit margin expansion. 3. Continuing to convert its operating accounting earnings into operating cash earnings. * PBT Group is reporting normalised headline earnings and normalised headline earnings per share figures. These figures reverse the accounting effect of IFRS 2 Share-based Payment. The board of directors is of the view that this is a more accurate reflection of after-tax earnings and after-tax earnings per share. The financial information on which this trading statement is based has not been reviewed and reported on by the Company’s auditors. The interim results are scheduled to be published on or about 26 November 2021. By order of the board of directors. Cape Town 23 November 2021 Date: 23-11-2021 10:45:00 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.