DATATEC LIMITED - Trading Statement for the Six Months Ended 31 August 2025

Trading Statement for the Six Months Ended 31 August 2025

Datatec Limited
Incorporated in the Republic of South Africa
Registration number: 1994/005004/06
ISIN: ZAE000017745
Share codes: JSE: DTC
             OTCQX: DTTLF
("Datatec" or "the Group" or "Company")

TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 AUGUST 2025

Datatec Limited, the international Information and Communications Technology (ICT) company is
publishing a trading statement for the six months ended 31 August 2025 ("H1 FY26"). The comparative
six months ended 31 August 2024 is referred to as "H1 FY25" throughout this announcement.

All divisions have delivered very strong financial performances in H1 FY26 with significantly improved
results compared to H1 FY25. Westcon maintained its expanding margin and continuing strong profit growth
trajectory. Logicalis International's improved operational leverage drove much higher profitability. Logicalis
Latin America delivered a considerably improved performance compared to H1 FY25.

As communicated to shareholders on 26 May 2025 in its results announcement for the year ended
28 February 2025, the Board continued to monitor and assess peer reporting and best practice in defining
its underlying* earnings. To more closely align underlying* earnings with the Group's other adjusted
earnings metrics (Adjusted EBITDA**) and in line with peer reporting, the Group has decided to present
underlying* earnings excluding share-based payments. The change has been applied from the
FY26 financial year (including H1 FY26) onwards. The comparative figure for underlying* earnings per share
(which is a non-IFRS earnings measure) for H1 FY25 has been recalculated in accordance with the revised
definition set out below.

In terms of the JSE Limited Listings Requirements, 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 next will differ by at least 20% from the previous corresponding reporting period.

Datatec now expects the following earnings per share ranges for H1 FY26:

    •   Earnings per share of between 21.0 and 23.0 US cents (H1 FY25: 11.3 US cents), being 9.7 to
        11.7 US cents (85.8% to 103.5%) higher than H1 FY25.
    •   Headline earnings per share of between 21.0 and 23.0 US cents (H1 FY25: 10.5 US cents),
        being 10.5 to 12.5 US cents (more than 100%) higher than H1 FY25.
    •   Underlying* earnings per share of between 18.0 and 20.0 US cents (H1 FY25 recalculated:
        13.5 US cents), being 4.5 to 6.5 US cents (33.3% to 48.1%) higher than H1 FY25.

Forecast information
The estimated financial information contained in this trading statement has not been reviewed nor
reported on by the Group's external auditors.

The Company expects to release its interim results for H1 FY26 on or about 30 October 2025.

* underlying earnings per share excludes: impairment of goodwill and intangible assets, profit or loss on
sale of investments and assets, amortisation of acquired intangible assets, acquisition-related adjustments,
fair value movements on acquisition-related financial instruments, fundamental restructuring costs, share-
based payment charges, one-off tax items impacting EBITDA, acquisition, integration and corporate action
costs, and the taxation effect and non-controlling interests on all of the aforementioned.

** Adjusted EBITDA excludes: restructuring costs, share-based payment charges, one-off tax items
impacting EBITDA and acquisition, integration and corporate actions costs.


Sandton
7 October 2025

Sponsor
PALLIDUS EXCHANGE SERVICES PROPRIETARY LIMITED

Date: 07-10-2025 08:00:00
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