RAUBEX GROUP LIMITED - Unaudited Interim Results for the six months ended 31 August 2025 and Cash Dividend Declaration

Unaudited Interim Results for the six months ended 31 August 2025 and Cash Dividend Declaration

Raubex Group Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/023666/06
Share code: RBX
ISIN code: ZAE000093183
("Raubex" or "the Group")

UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2025 AND CASH DIVIDEND DECLARATION

FINANCIAL HIGHLIGHTS
- Revenue decreased 1.0% to R10.84 billion (1H2025: R10.95 billion)
- Operating profit decreased 28.7% to R603.0 million (1H2025: R846.2 million)
- Earnings per share decreased 14.2% to 245.3 cents per share (1H2025: 286.0 cents per share)
- Headline earnings per share decreased 14.4% to 243.5 cents per share (1H2025: 284.3 cents per share)
- Cash generated from operations decreased 50.5% to R762.4 million (1H2025: R1.54 billion)
- Net asset value of R7.33 billion (2025: R7.15 billion)
- Capital expenditure of R581.4 million (1H2025: R757.6 million)
- Order book of R30.44 billion (2025: R28.18 billion)
- Interim dividend of 81 cents per share declared (1H2025: 94 cents per share)

Felicia Msiza, CEO of Raubex Group, said:

"While performance for the period reflects a decline compared to the prior year's six months, 
the Group remains focused on long-term value creation, underpinned by a resilient business model 
and a clear strategic direction. The Group's balance sheet and cash position remain robust. The 
solid order book of R30.44 billion (FY2025: R28.18 billion), an increase of 8.0% since year-end, 
reinforces confidence in the Group's future growth prospects.

Raubex's diversification strategy has remained a fundamental driver of the Group's solid performance. 
Despite certain of our divisions encountering various operational and trading challenges during the 
period under review, the results are regarded as solid. Through expanding our strategic outlook and 
building a resilient business model, we have reinforced our presence across multiple sectors and 
unlocked pathways for long-term growth. This achievement is a testament to the unwavering dedication 
of our people, whose passion and commitment drive excellence, and the strong leadership of our 
Executive Team, whose vision and strategic direction continue to guide the Group toward exceptional 
accomplishments."

Web link to full results announcement:
https://senspdf.jse.co.za/documents/2025/jse/isse/RBX/2025H1.pdf

The full announcement is available through the following web link:
https://www.raubex.com/index.php/investor-relations/financial-results

Copies of the full announcement may also be requested from investor.relations@raubex.com

The directors are responsible for this short-form announcement and the preparation and fair presentation
of the unaudited consolidated interim results for the period ended 31 August 2025. The information included
in this announcement has not been reviewed and reported on by the Group's external auditors.

The short-form announcement is a summary of the information included in the full announcement, and any
investment decision should be based on the full announcement.

A webcast presentation of the interim results will take place on Monday, 10 November 2025 at 10:00 and
can be accessed via the following web link:
https://meetings.lumiconnect.com/100-059-438-089

DIVIDEND DECLARATION
The board has declared a gross interim cash dividend from income reserves of 81 cents per share on
6 November 2025 for the period ended 31 August 2025. The salient dates for the payment of the dividend
are as follows:

Last day to trade cum dividend        Tuesday, 25 November 2025
Commence trading ex dividend        Wednesday, 26 November 2025
Record date                            Friday, 28 November 2025
Payment date                            Monday, 1 December 2025

No share certificates may be dematerialised or rematerialised between Wednesday, 26 November 2025 and
Friday, 28 November 2025, both dates inclusive.

In terms of Dividends Tax ("DT"), the following additional information is disclosed:
- The local DT rate is 20%.
- The number of ordinary shares in issue at the date of this declaration is 181 750 036.
- The dividend to utilise for determining the DT due is 81 cents per share.
- The DT amounts to 16.20000 cents per share.
- The net local dividend amount is 64.80000 cents per share for shareholders liable to pay the DT.
- Raubex Group Limited's income tax reference number is 9370/905/151.

In terms of the DT legislation, the DT amount due will be withheld and paid over to the South African Revenue
Services by a nominee-company, stockbroker or Central Securities Depository Participant (collectively
"Regulated Intermediary") on behalf of shareholders. All shareholders should declare their status to their
Regulated Intermediary, as they may qualify for a reduced DT rate or exemption.

On behalf of the Board

RJ Fourie 
Chairman

NF Msiza
Chief Executive Officer

DC Lourens
Chief Operating Office

SJ Odendaal
Financial Director

Registered office:
Building No 1
Highgrove Office Park
50 Tegel Avenue
Centurion
South Africa

10 November 2025
Centurion

Sponsor
Investec Bank Limited
Date: 10-11-2025 07:15:00
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