Trading Statement for the Six Months Ended 31 May 2025 LABAT AFRICA LIMITED (Incorporated in the Republic of South Africa) (Registration number 1986/001616/06) ("Labat Africa" or "the Company") ISIN Code: ZAE000018354 Share Code: LAB FSE Code: LEI 9845000R73DF5EE41J88 TRADING STATEMENT FOR THE FINACIAL YEAR ENDED 31 MAY 2025 In terms of paragraph 3.4(b) of the Johannesburg Stock Exchange's Listing Requirements, 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 period to be reported upon next will differ, by at least 20%, from those of the previous corresponding period. Shareholders are advised that the Company will reflect an increase in the total comprehensive income for the financial year ended 31 May 2025 compared to the prior period. 2025 2024 % Basic earnings/loss per share (cents) 11.06 (3.97) 378% Headline earnings/loss per share (cents) 13.28 (3.95) 436% Net asset value per share (cents) 21.87 (2.99) 831% - The basic earnings per share is expected to increase by 378% to 11.06 cents when compared to the earnings per share of (3.97) cents for the prior period. - The headline earnings per share is expected to increase by 436% to 13.28 cents when compared to the headline earnings per share of (3.95) cents for the prior period. - The net asset value per share is expected to increase by 831% to 21.87 cents when compared to the net asset value per share of (2.99) cents for the prior period. The financial information contained herein has not been reviewed or audited by Labat Africa's external auditors. JOHANNESBURG 16 October 2025 ________________________________________________________________________________________________ Sponsor: Vunani Sponsors Date: 16-10-2025 09:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.