iOCO LIMITED - iOCO Trading Statement

iOCO Trading Statement

iOCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/014669/06)
JSE share code: IOC ISIN: ZAE000071072
(“iOCO” or “the Company” or “the Group”)

iOCO TRADING STATEMENT

iOCO Limited is pleased to provide a trading update for the year ended 31 July 2026 (“FY26”) which shows
our performance ahead of guidance.

Key expected financial metrics for FY26 are as follows:

    -   Net profit after tax is expected to increase by between 35% and 40%, to a range of R348 million to
        R360 million (FY25: R258 million);

    -   Adjusted EBITDA is expected to increase by between 19% and 24% to a range of R610 million to
        R636 million (FY25: R513 million);

    -   EBITDA is expected to increase by between 16% and 20%, to a range of R595 million to R616
        million (FY25: R513 million);

    -   Headline earnings per share (“HEPS”) is expected to be between 55 cents and 60 cents, which is an
        improvement of between 37.5% and 50% compared to 40 cents reported for FY25; and

    -   Earnings per share (“EPS”) is expected to be between 55 cents and 60 cents, which is an improvement
        of between 37.5% and 50% compared to 40 cents reported for FY25.

FY26 demonstrated the resilience of the Group's diverse business model and effective strategic execution. The
continued improvement in profitability, operational efficiency and earnings quality reflects the successful
implementation of management's three-step strategy: cost rationalisation, decentralisation and disciplined
capital and resource allocation. These initiatives have now positioned the Group to capitalise on both organic
and acquisitive growth that management are confident will create sustainable shareholder value.

The financial information on which this trading statement is based has not been reviewed and reported on by
the Company’s external auditors.

Shareholders are advised to refer to the Company's audited results for the year ended 31 July 2026, which are
expected to be released on or about 14 October 2026, for further information.

15 September 2026

Sponsor
Java Capital
Date: 15/09/2026 07:15:00
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