4SIGHT HOLDINGS LIMITED - Update regarding the acquisition of X4 Solutions and XFour Technology and related earn-out

Update regarding the acquisition of X4 Solutions and XFour Technology and related earn-out

4SIGHT HOLDINGS LIMITED
Listed on the General Segment of the Main Board
(Incorporated in the Republic of South Africa)
(Registration number: 2022/852017/06)
JSE share code: 4SI ISIN: ZAE000324059
("4Sight" or "the Company")


UPDATE REGARDING THE ACQUISITION OF X4 SOLUTIONS AND XFOUR TECHNOLOGY AND RELATED EARN-OUT


1.    Introduction

      Shareholders are referred to the announcement published by 4Sight on 23 April 2025 (the "Announcement")
      regarding the Company's acquisition of X4 Solutions Proprietary Limited and XFour Technology Proprietary
      Limited (together, the "X4 Group").

      All capitalised terms defined in the Announcement bear the same meaning in this announcement.

2.    Financial performance of the X4 Group

      4Sight is pleased to report that, per paragraph 3.2.2 of the Announcement, the financial performance of the
      X4 Group has exceeded expectations for the financial year ended 28 February 2026 ("FY2026") and the
      X4 Group has exceeded 110% of the agreed NPAT Target of R6 059 000 for FY2026, which directly results in
      increased earnings for the 4Sight Group as a whole.

      The Acquisition was concluded in alignment with 4Sight's strategy to expand its 4People Human Capital
      Division, supported by 4Sight's 4AI - 4Sight Automated Intelligence driving the workforce-focused Artificial
      Intelligence strategy. The X4 Group's FY2026 financial performance has materially exceeded initial expectations
      and validates 4Sight's strategic rationale underpinning the Acquisition. This outcome is also consistent with
      4Sight's People pillar of its Business DNA, through which the acquisition of the X4 Group has strengthened
      4Sight's HR, payroll and embedded deep domain expertise within its people-centric technology stack. 4Sight is
      applying Automated Intelligence, including agent-driven workflows, data-led HR systems and AI-enabled payroll
      and compliance capabilities, to support resilient HR operations and decision support, with technology where
      human judgement is augmented - not replaced - by intelligent automation.

      The 4Sight board also views the X4 Group's performance as a strong indicator of 4Sight's stated strategic focus
      on its 5 Digital Transformation pillars, including People, Growth, Operations, Finance and Innovation,
      implemented through 4Sight's 4AI – 4Sight Automated Intelligence capability. The 4Sight board looks forward
      to similar future performance by the X4 Group.

7 May 2026


Sponsor
Java Capital

Date: 07-05-2026 02:35:00
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