ALTRON LIMITED - Updated Trading Statement for the Six Months ended 31 August 2024

Updated Trading Statement for the Six Months ended 31 August 2024

ALTRON LIMITED
(Registration number 1947/024583/06)
(Incorporated in the Republic of South Africa)
Share code: AEL
ISIN: ZAE000191342
("Altron" or "Altron Group" or "the Company")

UPDATED TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 AUGUST 2024

Altron is currently in the process of finalising its interim financial results for the six months ended 31 August 2024
("H1 FY25"), which will be released on 4 November 2024. Shareholders are referred to the trading statement and
operational update published on SENS on 31 July 2024. In line with the commitment to provide more specific
guidance once there is reasonable certainty, shareholders are hereby advised of the following updated guidance.

Headline earnings per share ("HEPS") and earnings per share ("EPS") compared to the six months ended 31 August
2023 ("H1 FY24") are expected to be within the ranges set out below:

                                                                   Previously
                                                                    published       Restated
                                                       H1 FY25        H1 FY24        H1 FY24
                                                       (cents)        (cents)       (cents)1       % change(1)
 Continuing operations(2)
 HEPS                                                 76 to 81             50             28       171% - 189%
 EPS                                                  73 to 76             38             15       387% - 407%
 Group operations
 HEPS                                                 71 to 76           (63)           (65)       209% - 217%
 EPS                                                  67 to 72           (86)           (87)       177% - 183%

Notes
1. H1 FY24 period has been restated for the classification of Altron Document Solutions as a continuing operation.
   The % changes have been calculated using the restated results.
2. Continuing operations include Netstar, Altron FinTech, Altron HealthTech, Altron Digital Business, Altron
   Security, Altron Document Solutions, Altron Arrow and excludes Altron Nexus.

The financial information on which this trading statement is based has not been reviewed, or reported on, by the
Altron Group's external auditors.

INTERIM RESULTS PRESENTATION

Altron Group CEO Werner Kapp invites all who would like to attend the Altron Group's 2025 interim results
presentation webcast at 09:30am (CAT) on 4 November 2024, to please register via the following link: here
(https://78449.themediaframe.com/links/altron241104.html).

Johannesburg
10 October 2024

JSE Equity Sponsor
Investec Bank Limited

Date: 10-10-2024 10:48:00
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