INITIAL TRADING STATEMENT MUSTEK LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/070161/06) Share code: MST ISIN: ZAE000012373 (“Mustek” or “the company” or “the Group”) INITIAL TRADING STATEMENT In terms of paragraph 3.4(b)(i) of the JSE Limited’s Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will differ by at least 20% when compared to the previous corresponding period. In terms of paragraph 3.4(b)(iii) of the JSE Limited’s Listings Requirements, Mustek has a reasonable degree of certainty that for the six months ended 31 December 2020, headline earnings per share and basic earnings per share will be at least 135% higher than reported in the previous corresponding period, but does not yet have a reasonable degree of certainty of the specific percentage or range difference. Accordingly, the Group expects that: • Basic earnings per share will be at least 177,94 cents or 135% higher than the 75,72 cents reported in the previous corresponding period; and • Headline earnings per share will be at least 178,11 cents or 135% higher than the 75,79 cents reported in the previous corresponding period. A further trading statement that will include the expected date of release of its financial results will be published once the company obtains reasonable certainty to provide guidance on the percentages and ranges to describe the differences. The above information has not been reviewed or reported on by the company’s external auditors. Midrand 08 February 2021 Sponsor Deloitte & Touche Sponsor Services Proprietary Limited (Incorporated in the Republic of South Africa) (Registration number 1996/000034/07) Date: 08-02-2021 04:35:00 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.