AFINE INVESTMENTS LIMITED - Trading Statement

Trading Statement

AFINE INVESTMENTS LIMITED
APPROVED AS A REIT
(Incorporated in the Republic of South Africa)
Registration number 2020/852422/06
JSE share code: ANI        ISIN: ZAE000303947
("Afine" or "the Company")

TRADING STATEMENT

In terms of paragraph 6.26 of the Listings Requirements of the JSE Limited, companies are required to publish
a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial
results for the period to be reported on will differ by at least 20% from the financial results for the previous
corresponding period or a profit forecast previously provided to the market in relation to such period.

Shareholders are accordingly advised that a reasonable degree of certainty exists that, for the year ended
28 February 2026, the basic and diluted earnings per share will be 53.68 cents, representing a decrease of
44.19% compared to the basic and diluted earnings per share of 96.19 cents reported for the year ended
28 February 2025.

Headline earnings per share will be higher than the prior year of 42.12 cents per share but will be within 20%
of the prior comparative period.

This financial information has not been reviewed or reported on by the Company's auditors.

Afine's audited results for the year ended 28 February 2026 will be published on or about 27 May 2026.

BY ORDER OF THE BOARD
Cape Town
22 May 2026


Designated Advisor

Date: 22-05-2026 02:52:00
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