CASHBUILD LIMITED - First quarter operational update FY 2024

First quarter operational update – FY 2024

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB                     ISIN: ZAE000028320
("Cashbuild" or "the Group")

FIRST QUARTER OPERATIONAL UPDATE – FY 2024

Cashbuild herewith provides its voluntary quarterly operational update for the first quarter of the 2024
financial year ("first quarter").

Revenue for the first quarter for the Group remained at similar levels when compared to the first quarter of the
prior financial year ("the comparative period" or "Q1 FY2023"). For the 312 existing stores (in existence prior
to July 2022), revenue decreased by 2% and the 8 new stores contributed 2% growth. Transactions also
remained at similar levels when compared to Q1 FY2023, with existing stores decreasing by 2% and new
stores contributing 2% to the first quarter.

Selling inflation was 4.3% for the first quarter when compared to the comparative period.

The revenue performance breakdown per operating segment is reflected in the following table:

Revenue performance 1st Quarter FY2024 versus 1st Quarter FY2023
Operating Segment                        Percentage of      Total               New         Existing
                                          Total Sales      Growth              Growth       Growth
                                                             %                   %            %
Cashbuild South Africa                   Q1                        1             2            (1)

Cashbuild Common Monetary Areas          Q1                        1              -            1

Cashbuild Other *                        Q1                       (3)             -           (3)

P&L Hardware South Africa                Q1                       (9)             -           (9)

Total Group                              Q1                        -              2           (2)
*Botswana and Malawi

During the first quarter the Group opened two new stores (one Cashbuild and one P&L Hardware) bringing the
total number of stores trading at the end of the first quarter to 320.

A store breakdown by location is reflected in the following table:

Number of stores – end of quarter             Percentage Total       New         Existing
                                              of total
Cashbuild South Africa                             74      238             7          231
Cashbuild Common Monetary Areas                     6       18             -           18
Cashbuild Other *                                   3       11             -           11
P&L Hardware South Africa                          17       53             1           52
Total Group                                       100      320             8          312
*Botswana and Malawi

The information contained in this operational update has not been reviewed or reported on by Cashbuild's
auditors.

16 October 2023
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 16-10-2023 02:28:00
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