Updated Trading Statement for the Twelve Months Ending 28 February 2022 INSIMIBI INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB & ISIN: ZAE000116828 (“Insimbi” or “the Group”) UPDATED TRADING STATEMENT FOR THE TWELVE MONTHS ENDING 28 FEBRUARY 2022 On 29 March 2022, the Group published a further trading statement in which it advised shareholders that a reasonable degree of certainty existed that earnings per share (“EPS”) was expected to increase by between 120% and 140%, and headline earnings per share (“HEPS”) was expected to increase by between 140% and 160%, respectively, compared to the previous corresponding period. Insimbi is currently in the process of finalising its results for the twelve months ending 28 February 2022, which will be announced on the Stock Exchange News Service (“SENS”) of the JSE Limited (“JSE”) on or about 31 May 2022. In terms of the JSE Listings Requirements, the Group hereby confirms that a reasonable degree of certainty now exists that for the year ended 28 February 2022: – EPS is expected to increase to between 24.8 cents and 27.0 cents compared to earnings per share of 10.6 cents reported for the year ended 28 February 2021, representing an increase of between 134% and 154%; and – HEPS is expected to increase to between 23.5 cents and 25.6 cents compared to headline earnings per share of 10.4 cents reported for the year ended 28 February 2021, representing an increase of between 127% and 147%. The changes to the ranges announced on 29 March 2022, are due to audit adjustments processed in finalising the results. The financial information on which this trading statement is based has not been reviewed, or reported on, by the Group’s external auditors. Johannesburg 17 May 2022 Sponsor PSG Capital Date: 17-05-2022 03:15:00 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.