CAPITEC BANK HOLDINGS LIMITED - Trading Statement

Trading Statement

CAPITEC BANK HOLDINGS LIMITED
Registration number 1999/025903/06
Incorporated in the Republic of South Africa
Ordinary Share Code: CPI ISIN Number: ZAE000035861
Preference Share Code: CPIP ISIN Number: ZAE000083838
("Capitec" or "the group")

TRADING STATEMENT

In terms of the Listings Requirements of JSE Limited, a listed company
is required to publish a trading statement as soon as it is satisfied
that a reasonable degree of certainty exists that the financial results
for the financial period to be reported on next will differ by 20% or
more from those of the previous comparable period.

The board advises that a reasonable degree of certainty exists that for
the 6 months to 31 August 2025:

-   group headline earnings per share will be between 6 764 cents and
    7 041 cents per share, representing an increase of between 22% and
    27% compared to the 5 544 cents per share for the comparative
    6 months ended 31 August 2024; and

-   group earnings per share will be between 6 792 cents and 7 070
    cents per share, representing an increase of between 22% and 27%
    compared to the 5 567 cents per share for the comparative 6 months
    ended 31 August 2024.

All the businesses are contributing positively to the expected financial
results for the period to 31 August 2025.

During the current period loan disbursements increased and the annualised
credit loss ratio remained stable. Together with growth in the net
investment portfolio, this has led to an increase in net interest income
after credit impairments.

Growth in net transaction income and commission, including value-added
services and income from Capitec Connect, continued as active client
numbers increased and transaction volumes grew. The simplification of
transaction fees and the merchant commission structure as well as the
reduction in transaction fees during the period has made a meaningful
difference to our clients.

All funeral insurance policies sold from 1 November 2024 were no longer
subject to a profit-sharing agreement and the additional profit combined
with strong sales has driven growth in net funeral income.

The results for the 6 months to 31 August 2025 will include 6 months of
income from the Avafin Holding Limited group compared to 4 months in the
6 months ended 31 August 2024.

The financial information on which this trading statement is based has
not been reviewed or reported on by Capitec's auditors. The financial
results for the 6 months to 31 August 2025 are expected to be published
on SENS on or about 1 October 2025.


Stellenbosch
13 August 2025

Sponsor
PSG Capital  

Date: 13-08-2025 09:30:00
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