SEA HARVEST GROUP LIMITED - Update to trading statement

Update to trading statement

Sea Harvest Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2008/001066/06)
Share code: SHG ISIN: ZAE000240198
("Sea Harvest" or "the Group")

UPDATE TO TRADING STATEMENT

Shareholders are referred to the trading statement published on the Stock Exchange News Service on
29 May 2025 in terms of which shareholders were advised that the Group was satisfied that a
reasonable degree of certainty existed that, for the 6-month period ending 30 June 2025, basic headline
earnings per share (HEPS) and basic earnings per share (EPS) would be more than 20% higher than
the reported HEPS for the prior comparative period.

Sea Harvest is in the last trading week of its 6-month period ending 30 June 2025, and the Group would
like to advise shareholders that it now has further reasonable certainty that for the 6-month period
ending 30 June 2025:

   •    HEPS will be at least 60% higher than the reported HEPS of 50 cents for the prior comparative
        period; and
   •    EPS will be at least 40% higher than the reported EPS of 61 cents for the prior comparative
        period.

The increase in earnings is primarily attributable to international sales price increases, improved catch
rates and efficiency gains in the South African fishing business.

Further earnings guidance will be provided to shareholders when the Group has reasonable certainty
of the anticipated HEPS and EPS range, in accordance with paragraph 3.4(b) (iii) of the JSE Limited
Listings Requirements.

The Group is expected to release its interim results on the Stock Exchange News Service on or about
2 September 2025.

The financial information and any forward-looking statements in this announcement have not been
reviewed or reported on by the Group's auditors.

27 June 2025

Sponsor:
The Standard Bank of South Africa Limited

Date: 27-06-2025 09:00:00
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