Trading statement Stefanutti Stocks Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1996/003767/06) Share code: SSK ISIN: ZAE000123766 ("Stefanutti Stocks" or "the group") TRADING STATEMENT In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, the board of directors of Stefanutti Stocks hereby provides shareholders with a trading update of the group's results for the six months ended 31 August 2023. In line with the Restructuring Plan, the group initiated a disposal program to include the sale of certain operations which have accordingly been classified as discontinued operations. These disposals are expected to be concluded within the next 12 months. Incorporating this classification and in respect of continuing operations, earnings per share are expected to reflect a loss of between 5,01 cents and 1,00 cents per share representing an improvement of between 75% and 95% on the loss of 20,03 cents per share for the comparative prior period. Similarly, headline earnings per share are expected to reflect a loss of between 10,13 cents and 5,07 cents per share representing an improvement of between 60% and 80% on the loss of 25,33 cents per share for the comparative prior period. In respect of total operations (comprising both continuing and discontinued operations), earnings per share are expected to reflect a loss of between 0,55 cents and 1,66 cents per share representing a deterioration of between 110% and 130% on the profit of 5,53 cents per share for the comparative prior period. Similarly, total headline earnings per share are expected to reflect a loss of between 25,02 cents and 20,02 cents per share representing an improvement of between 0% and 20% on the loss of 25,02 cents per share for the comparative prior period. The financial information on which this trading statement is based has not been reviewed or reported on by the group's auditors. The release of the results for the period ended 31 August 2023 is anticipated to be published on 28 November 2023. Johannesburg 20 November 2023 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 20-11-2023 12:40:00 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.