Trading Statement enX Group Limited (Incorporated in the Republic of South Africa) (Registration number: 2001/029771/06) JSE share code: ENX ISIN: ZAE000222253 ("enX" or ''the Company'' or ''the Group'') TRADING STATEMENT In terms 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 next, will differ by at least 20% from the financial results for the previous corresponding period. Shareholders are advised that the Company anticipates results for the year ended 31 August 2023 (''Current Range'') to differ by more than 20% compared to the year ended 31 August 2022 (''Prior Period''), as follows: Current Range Prior Period Percentage change range enX Group EPS 157c to 169c 127c 24% to 33% Diluted EPS 157c to 169c 127c 24% to 33% HEPS 151c to 176c 265c (34%) to (43%) Current Range Prior Period Percentage (Restated #) change range Continuing EPS 86c to 94c 80c 8% to 18% Diluted EPS 86c to 94c 80c 8% to 18% HEPS 90c to 98c 81c 11% to 21% Discontinued EPS 71c to 75c 47c 51% to 60% Diluted EPS 71c to 75c 47c 51% to 60% HEPS 61c to 79c 184c (57%) to (67%) # The Prior Period has been restated due to the classification of enX's leasing and fleet management business, Eqstra, as a disposal group held for sale and discontinued operation as at 31 August 2023. The Prior Period EPS, Diluted EPS and HEPS remain unchanged on a total enX Group basis. The split between continuing and discontinued operations has, however, changed due to Eqstra being classified as a disposal group held for sale and discontinued operation. See Discontinued operations below. Trading commentary Revenue from continuing operations is expected to increase by approximately 26%. Profit before taxation from continuing operations is expected to increase between 29% and 33%. Discontinued operations Current period Shareholders are referred to the cautionary announcements released on SENS dated 13 June 2023, 25 July 2023, 5 September 2023 and 17 October 2023 respectively, advising that enX is in discussions regarding a divestment by the Company of its interest in Eqstra Investment Holdings Proprietary Limited (''Eqstra''), which if successful, could have a material impact on the Company's share price. The potential transaction would constitute a category 1 transaction in terms of the JSE Listing Requirements and an effected transaction in terms of the Companies Act, 71 of 2008 and will require the approval via special resolution of enX shareholders at a general meeting. During the strategic and budget process in July 2023 management took a decision to dispose of Eqstra. As at 31 August 2023, management are of the view that, based on progress to date, this transaction is likely to be executed in the next 12 months. Accordingly, in terms of IFRS 5, Eqstra has been reported as a disposal group held for sale and discontinued operation from 31 August 2023. Prior Period The SENS announcement dated 30 September 2021 described the disposal of EIE Group Proprietary Limited (''EIE SA'') to CFAO Holdings South Africa Proprietary Limited. In terms of IFRS 5, EIE SA was reported as a disposal group held for sale and discontinued operation from 31 August 2021, the date that the conditions were met to be classified as such, until 1 April 2022, the effective date of disposal. The Unaudited Interim Group Results for the six months ended 28 February 2022 announced the sale of Austro Proprietary Limited (''Austro''). Austro was reported as a disposal group held for sale and discontinued operation from 26 February 2022 until 30 June 2022, the effective date of disposal. The total HEPS for the prior period would have been 147c per share had EIE SA and Austro not been classified as a disposal group held for sale and discontinued operation. This is primarily due to depreciation ceasing on assets within EIE SA at the point of classification as held for sale. The financial information on which this trading statement is based has not been reviewed or reported on by the Company's auditors. 30 October 2023 Sponsor: The Standard Bank of South Africa Limited Date: 30-10-2023 10:00:00 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.