SANTOVA LIMITED - Unaudited Interim Results for the Six Months Ended 31 August 2026 and Cautionary Announcement

Unaudited Interim Results for the Six Months Ended 31 August 2026 and Cautionary Announcement

Santova Limited
(Registration Number 1998/018118/06)
Share Code: SNV
ISIN: ZAE000159711
Main Board - General Segment
(“Santova” or “the Group”)

Unaudited Interim Results for the Six Months Ended 31 August 2026 and Cautionary
Announcement

Unaudited interim results for the six months ended 31 August 2026

Revenue and net interest income up 40.2% to R681.8 million
Profit for the period up 54.2% to R70.8 million
Basic earnings per share up 53.9% to 55.1 cents per share
Headline earnings per share up 57.4% to 56.2 cents per share
Net asset value per share up 5.7% to 1,078.8 cents per share

Financial Performance

The results for the six months ended 31 August 2026 saw Revenue and net interest income
increase by 40,2% to R681,8 million (August 2025: R486,2 million), driven by the inclusion
of Seabourne’s revenue for the full six-month reporting period, compared to only three months
in the prior period. Comparable revenue increased by 4,9%, primarily reflecting higher
volumes in the United Kingdom and the Netherlands together with improved freight rates.

Operating margin increased to 14,2% (August 2025: 13,5%). This improvement, despite the
inclusion of Seabourne for the full six-month period, demonstrates the resilience of the Group’s
expanded business model, which now includes lower-margin fulfilment centre and express
courier services at scale.

As a result, consolidated net profit after tax (“NPAT”) increased by 54,2% to R70,8 million
(August 2025: R45,9 million), with headline earnings per share (“HEPS”) increasing by 57,4%
to 56,2 cents per share (“CPS”) (August 2025: 35,7 CPS).

Regulatory requirements

The short-form announcement is the responsibility of the Board of Directors of the Group. It
contains only a summary of the information in the full announcement and does not contain full
or complete details.

The full announcement can be found at:
https://senspdf.jse.co.za/documents/2026/jse/isse/snv/SNV310826.pdf

Copies of the full announcement are also available for viewing on the Group's website at
https://www.santova.com/investor-information/results-centre or may be requested in person, at
the company's registered office, at no charge, during office hours.

Any investment decisions by investors and/or shareholders should be based on consideration
of the full announcement and not on the short-form announcement.


Cautionary Announcement

Shareholders are advised that Santova has entered into negotiations with parties relating to
potential strategic acquisitions, which if successfully concluded may have a material effect on
the price of the Company’s securities. Accordingly, shareholders are advised to exercise
caution when dealing in the Company’s securities until a further announcement is made.


Durban
27 October 2026
Sponsor and Corporate Advisor
River Group
Date: 27/10/2026 03:30:00
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