VUNANI LIMITED - Audited Condensed Consolidated Results for the Year Ended 28 February 2026

Audited Condensed Consolidated Results for the Year Ended 28 February 2026

VUNANI LIMITED
Incorporated in the Republic of South Africa
Registration number: 1997/020641/06
JSE code: VUN ISIN: ZAE000163382
"Vunani" or "the company" or "the group"


AUDITED CONDENSED CONSOLIDATED RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2026

    - Revenue and insurance revenue up 17% to R808.8 million

    - Results from operating activities up 51% to R120.7 million

    - Earnings per share increased to 6.3 cents (2025: Loss per share of 7.1 cents)

    - Headline earnings per share increased to 10.2 cents (2025: Headline loss per share of 2.8 cents)

    - A final dividend declared for the year ended 28 February 2026 of 10.0 cents (2025: 35.0 cents)

Vunani's performance for the year ended 28 February 2026 has shown significant improvement in
comparison to the prior year. The group generated total comprehensive income for the period of
R35.3 million (2025: total comprehensive loss of R3.4 million), while total profit attributable to
equity holders of the company amounted to R9.6 million (2025: total loss attributable to equity
holders of R11.5 million).

The group's reporting segments include fund management, asset administration, insurance,
investment banking (advisory services and institutional securities broking).



DIVIDEND DECLARED

Notice is hereby given that a gross ordinary dividend of 10.0 cents per share has been declared out
of income reserves on 23 June 2026 and are payable to ordinary shareholders in accordance with
the following timetable.

In terms of dividend tax effective since 1 April 2012, the following additional information is
disclosed:

•     The local Dividends Withholding Tax rate is 20%
•     161 155 915 shares are in issue
•     The gross ordinary dividend is 10.00000 cents per share for shareholders exempt from paying
      Dividends Withholding Tax
•     The net ordinary dividend is 8.00000 cents per share for ordinary shareholders who are not
      exempt from Dividends Withholding Tax
•     Vunani Limited's tax reference number is 9841003032
Timetable                                                                                2026

Declaration and finalisation date announcement                                Tuesday, 23 June

Last day to trade cum dividend                                                 Tuesday, 7 July

Shares commence trading ex-dividend                                          Wednesday, 8 July

Record date                                                                    Friday, 10 July

Dividend payment date                                                          Monday, 13 July



No dematerialisation or rematerialisation of shares will be allowed for the period from Wednesday,
8 July 2026 to Friday, 10 July 2026, both dates inclusive.

Dividends are declared in the currency of the Republic of South Africa. The directors have confirmed
that the company will satisfy the liquidity and solvency requirements immediately after the payment
of the dividend.

AUDIT OPINION

The consolidated annual financial statements for the year ended 28 February 2026 have been
audited by BDO Inc., who expressed an unqualified audit opinion. The auditor's report does not
necessarily report on all of the information contained in this announcement/financial results.
Shareholders are therefore advised that in order to obtain a full understanding of the nature of the
auditors engagement they should obtain a copy of the auditor's audit report together with the
accompanying consolidated annual financial statements which is available for inspection on the
Company's website at the following web link https://www.vunanilimited.co.za/investor-
relations/compliance/ or from the issuers registered office.

This short-form announcement is the responsibility of the directors and is only a summary of the
information in the full integrated annual report and does not contain full or complete details. The
full integrated annual report was published on 23 June 2026 and can be found on the company's
website at https://www.vunanilimited.co.za/investor-relations/integrated-reports/ and at
https://senspdf.jse.co.za/documents/2026/jse/isse/VUN/ye2026.pdf

Copies of the full integrated annual report may also be requested at the company's registered office,
or the office of the sponsor at no charge, during office hours.

Any investment decision should be based on the full integrated annual report published on the
company's website.



By order of the board
Ethan Dube and Tafadzwa Mika
CEO and CFO
23 June 2026


CORPORATE INFORMATION
Executive directors
E Dube (Chief Executive Officer)
T Mika (Chief Financial Officer)
BM Khoza
NM Anderson

Non-executive directors
LI Jacobs – independent chairman
NS Mazwi – independent
G Nzalo – independent
JR Macey – independent
M Golding

Company secretary
CIS Company Secretaries Proprietary Limited

Sponsor
Vunani Sponsors

Financial communications adviser
Singular Systems Proprietary Limited

Transfer secretaries
Singular Systems Proprietary Limited

Date: 23-06-2026 04:15:00
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