Unaudited interim results for the six months ended 31 May 2022 and interim dividend declaration number 70 HUDACO INDUSTRIES LIMITED (“Hudaco” or the “Company”) Incorporated in the Republic of South Africa Registration number 1985/004617/06 Share code: HDC ISIN: ZAE000003273 UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MAY 2022 AND INTERIM DIVIDEND DECLARATION NUMBER 70 Salient features % % Change Change against 31 May 31 May against 2019 2022 2021 2021 (pre-Covid) Revenue (Rm) 3 782 3 383 11.8 19.1 Operating profit (Rm) 452 357 26.5 52.2 Comparable earnings per share (cents) 857 686 25.1 64.8 Headline earnings per share (cents) 857 686 25.1 60.8 Basic earnings per share (cents) 857 686 25.1 60.8 Dividend per share (cents) 300 240 25.0 57.9 Net asset value per share (cents) 9 852 8 739 12.7 21.6 Declaration of interim dividend number 70 Interim dividend number 70 of 300 cents per share is declared payable on Monday, 15 August 2022 to ordinary shareholders recorded in the register at the close of business on Friday, 12 August 2022. The timetable for the payment of the dividend is as follows: Last day to trade cum dividend Monday, 8 August 2022 Trading ex dividend commences Wednesday, 10 August 2022 Record date Friday, 12 August 2022 Payment date Monday, 15 August 2022 Share certificates may not be dematerialised or rematerialised between Wednesday, 10 August 2022 and Friday, 12 August 2022, both days inclusive. The certificated register will be closed for this period. In terms of the Listings Requirements of the JSE Limited regarding the Dividend Tax, the following additional information is disclosed: • the dividend has been declared from income reserves; • the dividend withholding tax rate is 20%; • the net local dividend amount is 240 cents per share for shareholders liable to pay the Dividend Tax and 300 cents per share for shareholders exempt from the Dividend Tax; • Hudaco Industries Limited has 32 519 720 shares in issue (which includes 2 568 708 treasury shares); and • Hudaco Industries Limited’s income tax reference number is 9400/159/71/2. Short-form announcement This short-form announcement is the responsibility of the directors of Hudaco. It is only a summary of the information contained in the unaudited interim results for the six months ended 31 May 2022 (the “full announcement”) and does not contain full or complete details. Any investment decisions by investors and/or shareholders should be based on consideration of the full announcement published on the JSE website at https://senspdf.jse.co.za/documents/2022/jse/isse/HDC/ie2022.pdf. The full announcement is available on the Company’s website (www.hudaco.co.za) and copies may be requested from the company at info@hudaco.co.za or may be inspected at the registered office of the Company, at no charge, during office hours. 30 June 2022 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 30-06-2022 04:54:00 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.