SEA HARVEST GROUP LIMITED - Trading Statement

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")


TRADING STATEMENT

The Group is nearing the end of its financial year ending 31 December 2025. In accordance with section
3.4(b) of the Listings Requirements of the JSE Limited ("JSE"), a company must publish a trading
statement once it is satisfied that a reasonable degree of certainty exists that the financial results for
the year to be reported on next will differ by at least 20% from the financial results reported in the prior
comparative year.

The Group is satisfied that a reasonable degree of certainty exists that, for the year ending
31 December 2025, basic headline earnings per share (HEPS) will be at least 165 cents, which is at
least 200% higher than the reported HEPS of 55 cents for the prior comparative year.

The expected increase in HEPS is primarily attributable to higher catch rates, pricing and efficiency
gains in the hake business.

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

The Group is expected to release its year end results on the Stock Exchange News Service on or about
3 March 2026.

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

Cape Town

25 November 2025

Sponsor:

The Standard Bank of South Africa Limited

Date: 25-11-2025 03:58:00
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