SOUTH OCEAN HOLDINGS LIMITED - Unaudited Summaried Results Announcement for the Six Months ended 30 June 2026

Unaudited Summaried Results Announcement for the Six Months ended 30 June 2026

South Ocean Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 2007/002381/06)
Share code: SOH
ISIN: ZAE000092748
(“South Ocean Holdings” or “the Company” or “the Group”)


SHORT-FORM ANNOUNCEMENT
UNAUDITED SUMMARISED RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2026


South Ocean Holdings is a holding company with subsidiaries engaged in the manufacturing and distribution
of electrical cables, compounding, conduit, and property rental. The Group also holds investments in several
associates whose businesses serve as outlets for electrical wire, cable and conduit.

                                               SALIENT FEATURES

                                                           30 June               30 June
                                                              2026                  2025
                                                         Unaudited             Unaudited           Percentage
                                                             R’000                 R’000               Change
 Revenue                                                 1 530 859             1 176 442                30.1%
 Operating profit/ (loss)                                   30 094              (31 620)               195.2%
 Earnings/ (loss) per share (cents)                           8.02               (9.31)*               186.1%
 Headline earnings/ (loss) per share (cents)                  8.02               (9.31)*               186.1%
 Net Asset Value (cents)                                     327.6                 314.8                 4.1%
 Interim dividend per share (cents)                              -                     -                    -

*Restated.

In line with the Group’s dividend policy, South Ocean Holdings has not declared an interim dividend as this is
considered at year end.

Any investment decision by investors and/or shareholders should be based on a thorough consideration of
the full announcement published on SENS and available on the Company’s website.

This short-form announcement is the responsibility of the directors and is only a summary of the information in
the full announcement published on SENS on 20 August 2026 and does not contain full or complete details.
The full announcement can be found on the Company’s website at www.southoceanholdings.co.za and
can be viewed at the following link:

https://senspdf.jse.co.za/documents/2026/JSE/ISSE/SOH/SOHIR2026.pdf

Copies of the full announcement may also be requested from the Company by sending an email to
werner@soew.co.za or may be inspected at the Company’s registered office and the offices of the sponsor,
at no charge, during office hours.

The announcement has not been reviewed or reported on by SOH’s independent auditors.

For and on behalf of the Board

J van Rensburg                                                                                        A Smith
Non-Executive Director (Chairperson)                              Executive Director (Chief Executive Officer)

Johannesburg
20 August 2026
Corporate Information:

Executive Directors: A Smith (Chief Executive Officer), WP Basson (Chief Financial Officer)
Non-executive Directors: J van Rensburg (Chairperson), N Lalla# (Lead Independent Director), LL Chen^,
JH Yeh#, MM Hohman @,
Alternate Director: SN Yeh "

# Independent    " Taiwanese    @ American      ^ Hong Kong

Registered Office: 12 Botha Street, Alrode 1451, P.O. Box 123738, Alrode, 1451, Telephone: +27(11) 864 1606,
Website: www.southoceanholdings.co.za
Company Secretary: Light Consulting Proprietary Limited (Registration No: 1998/025284/07), 20 Stirrup Lane,
Woodmead Office Park, Woodmead, 2191 (Suite #439, Private Bag X29, Gallo Manor, 2052)
Sponsor: AcaciaCap Advisors Proprietary Limited (Registration No: 2006/033725/07), 20 Stirrup Lane,
Woodmead Office Park, Woodmead, 2191 (Suite #439, Private Bag X29, Gallo Manor, 2052)
Share Transfer Secretary: Computershare Investor Services Proprietary Limited, Rosebank Towers, 15 Bierman
Avenue, Rosebank, Johannesburg, 2196, P.O. Box 61051, Marshalltown, 2107, South Africa Telephone: +27(11)
370 5000, Telefax: +27(11) 688 5200 Website: www.computershare.com
Auditors: BDO South Africa Inc. 52 Corlett Drive, Wanderers Office Park, Illovo, 2196. Telephone: +27(10) 590
7200. Website: www.bdo.co.za
Date: 20/08/2026 13:19:00
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.