Unaudited interim results for the six months ended 31 may 2021 and dividend declaration number 68 HUDACO INDUSTRIES LIMITED (“Hudaco” or the “Company”) Incorporated in the Republic of South Africa Registration number 1985/004617/06 Share code: HDC & ISIN: ZAE000003273 UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MAY 2021 AND DIVIDEND DECLARATION NUMBER 68 Salient Features 31 May 2021 31 May 2020 31 May 2019 Percentage Percentage (Rm) (Rm) (Rm) change (%) change (%) vs 2020 vs 2019 Revenue 3 383 2 636 3 175 28.3 6.5 Operating profit 357 79 297 351.9 20.2 Comparable earnings per share (cents) 686 69 520 899.4 32.1 Headline earnings per share (cents) 686 195 533 252.2 28.9 Basic earnings per share (cents) 686 (738) 533 193.1 28.9 Interim dividend per share 240 - 190 ? 26.3 (cents) Net asset value per share (cents) 8 739 7 579 8 099 15.3 7.9 Short-Form Announcement This short-form announcement is the responsibility of the directors of Hudaco. It is only a summary of the information contained in the unaudited results for the six months ended 31 May 2021 (the “full announcement”) and does not contain full or complete details. Any investment decisions by investors and/or shareholders should be based on consideration of the full announcement published on the JSE website at https://senspdf.jse.co.za/documents/2021/jse/isse/HDC/ie2021.pdf. Copies of the full announcement may be requested from the Company at info@hudaco.co.za or inspected at the registered office of the Company, at no charge, during office hours. Declaration of interim dividend number 68 Interim dividend number 68 of 240 cents per share for the six months ended 31 May 2021 (2020: 0 cents per share) is declared. The dividend is payable on Tuesday, 10 August 2021 to ordinary shareholders recorded in the register at the close of business on Friday, 6 August 2021. The timetable for the payment of the dividend is as follows: Last day to trade cum dividend Tuesday, 3 August 2021 Trading ex dividend commences Wednesday, 4 August 2021 Record date Friday, 6 August 2021 Payment date Tuesday, 10 August 2021 Share certificates may not be dematerialised or rematerialised between Wednesday, 4 August 2021 and Friday, 6 August 2021, both days inclusive. The certificated register will be closed for this period. In terms of the Listings Requirements of the JSE Limited regarding the Dividends Tax the following additional information is disclosed: • The dividend has been declared from income reserves; • The dividend withholding tax rate is 20%; • The net local dividend amount is 192 cents per share for shareholders liable to pay the Dividend Tax and 240 cents per share for shareholders exempt from the Dividend Tax; • Hudaco Industries Limited has 33 128 931 shares in issue (which includes 2 846 391 treasury shares); and • Hudaco Industries Limited’s income tax reference number is 9400/159/71/2. 25 June 2021 Corporate advisor and Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 25-06-2021 07:30:00 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.