VUNANI LIMITED - Unaudited Condensed Consolidated Interim Results For The Six Month-Period Ended 31 August 2026

Unaudited Condensed Consolidated Interim Results For The Six Month-Period Ended 31 August 2026

VUNANI LIMITED
Incorporated in the Republic of South Africa
Registration number: 1997/020641/06
JSE code: VUN ISIN: ZAE000163382
“Vunani” or “the company” or “the group”


UNAUDITED CONDENSED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTH-PERIOD ENDED
31 AUGUST 2026

    - Revenue and premiums of R459.7 million (2025: R356.8 million)

    - Profit after tax of R52.2 million (2025: R24.7 million)

    - Earnings per share increased to 17.9 cents (2025: 9.5 cents)

    - Headline earnings per share increased to 15.4 cents (2025: 9.5 cents)



Vunani’s performance for the period ended 31 August 2026 was significantly up in comparison to the
prior period. The group generated total comprehensive income for the period of R50.2 million (2025:
R25.2 million), while total profit attributable to equity holders of the company amounted to R28.8
million (2025: R15.3 million).

The group's reporting segments include fund management, asset administration, insurance,
investment banking (advisory services and institutional securities broking).

DIVIDEND DECLARED

Notice is hereby given that a gross ordinary dividend of 10.0 cents per share has been declared out
of income reserves on 21 October 2026 and are payable to ordinary shareholders in accordance with
the following timetable.

In terms of dividend tax effective since 1 April 2012, the following additional information is
disclosed:

•     The local Dividends Withholding Tax rate is 20%
•     161 155 915 shares are in issue
•     The gross ordinary dividend is 10.00000 cents per share for shareholders exempt from paying
      Dividends Withholding Tax
•     The net ordinary dividend is 8.00000 cents per share for ordinary shareholders who are not
      exempt from Dividends Withholding Tax
•     Vunani Limited’s tax reference number is 9841003032
Timetable                                                                               2026

Declaration and finalisation date announcement                          Wednesday, 21 October

Last day to trade cum dividend                                          Monday, 2 November

Shares commence trading ex-dividend                                     Tuesday, 3 November

Record date                                                             Friday, 6 November

Dividend payment date                                                   Monday, 9 November



No dematerialisation or rematerialisation of shares will be allowed for the period from Tuesday, 3
November 2026 to Friday, 6 November 2026, both dates inclusive.

Dividends are declared in the currency of the Republic of South Africa. The directors have confirmed
that the company will satisfy the liquidity and solvency requirements immediately after the payment
of the dividend.

This short-form announcement is the responsibility of the directors and is only a summary of the
information in the full announcement and does not contain full or complete details. The full
announcement was released on SENS on 21 October 2026 and can be found on the company's
website at https://www.vunanilimited.co.za/investor-relations/financial-results/ and at
https://senspdf.jse.co.za/documents/2026/jse/isse/VUN/In2026.pdf

Copies of the full announcement may also be requested at the company's registered office, or the
office of the sponsor at no charge, during office hours.

Any investment decision should be based on the full announcement published on the company's
website.



By order of the board

Ethan Dube and Tafadzwa Mika

CEO and CFO

21 October 2026




CORPORATE INFORMATION

Executive directors

E Dube (Chief Executive Officer)

T Mika (Chief Financial Officer)

BM Khoza

NM Anderson

Non-executive directors

LI Jacobs – independent chairman

NS Mazwi – independent

G Nzalo – independent

JR Macey – independent

AK Ismail – independent (appointed 1 July 2026)

M Golding



Company secretary

CIS Company Secretaries Proprietary Limited



Sponsor

Vunani Sponsors



Financial communications adviser

Singular Systems Proprietary Limited



Transfer secretaries

Singular Systems Proprietary Limited
Date: 21/10/2026 08:10:00
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