Summarised Unaudited Interim Group Results enX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2001/029771/06) JSE share code: ENX ISIN: ZAE000222253 ("enX" or "the Group") SUMMARISED UNAUDITED INTERIM GROUP RESULTS for the six months ended 29 February 2024 - Revenue from continuing operations of R2.117 billion (2023: R2.019 billion), up 5% - HEPS from continuing operations of 61c per share (2023: 29c per share), up 110% - Profit before tax from continuing operations of R141 million (2023: R83 million), up 70% - Net asset value per share of R13.86 (31 August 2023: R13.91) For the period For the period For the year ended ended ended 29 February 28 February 31 August 2024 2023 2023 (cents) (cents) (cents) Total operations: Basic earnings per share 86 70 163 Diluted earnings per share 86 70 163 Headline earnings per share 196 70 164 Net asset value per share** 1 386 1 296 1 391 Net tangible asset value per share 1 361 1 243 1 364 ** Equity attributable to equity holder of the parent/Number of shares in issue less treasury shares. For the period For the period For the year ended ended ended 29 February 28 February 31 August 2024 2023# 2023 (cents) (cents) (cents) Continuing operations: Basic earnings per share 61 29 90 Diluted earnings per share 61 29 90 Headline earnings per share 61 29 94 Discontinued operations: Basic earnings per share 25 41 73 Diluted earnings per share 25 41 73 Headline earnings per share 135 41 70 # The period ended 28 February 2023 has been restated due to the classification of enX's leasing and fleet management business, Eqstra, as a disposal group held for sale and discontinued operation as at 31 August 2023. The basic earnings per share, diluted earnings per share and headline earnings per share remain unchanged on a total operations basis. The split between continuing and discontinued operations has, however, changed due to Eqstra being classified as a disposal group held for sale and discontinued operation as at 31 August 2023. The results for the six months ended 29 February 2024 reflect excellent performances despite the continuing challenging economic conditions. Cash was returned to shareholders in the form of a special distribution of R1.00 per enX ordinary share paid on the 27 November 2023. Net debt to equity including the disposal group held for sale increased to 57% (31 August 2023: 39%) as debt was used to finance the growth in Eqstra's leasing book. The Group's net asset value per share was R13.86 per share (31 August 2023: R13.91 per share). Revenue from continuing operations increased 5% to R2.117 billion (2023: R2.019 billion) mainly supported by increased volumes of polyethylene and speciality chemicals and components products together with increased generator sales and related services primarily to large data-centre customers. While volumes of toll-blending were up considerably, average selling prices were down due to the pass through of lower base oil pricing. Operating profit from continuing operations before net finance costs, our share of profit from our associate and impairments, increased 63% to R124 million (2023: R76 million) supported by better margins particularly in Lubricants and Chemicals. Profit before tax from continuing operations increased 70% to R141 million (2023: R83 million). Headline earnings per share from continuing operations was 61 cents per share (2023: 29 cents per share), an increase of 110%. The special distribution out of contributed tax capital of R1.00 per share was paid to enX ordinary shareholders on 27 November 2023. The financial results for the six months ended 29 February 2024 have not been audited or reviewed by the Group's external auditors. This short-form announcement is the responsibility of the directors of the Company. This short-form announcement is only a summary of the full announcement which is published on the Company's website (https://www.enxgroup.co.za/interim-results) on 15 May 2024 and does not contain complete or full details. Any investment decisions by investors and/or shareholders should be based on consideration of the full announcement. The full announcement can be accessed directly using the following JSE link: https://senspdf.jse.co.za/documents/2024/jse/isse/enx/HY2024.pdf Copies of the full announcement is available for inspection at the Company's registered office and may be requested during office hours at no charge by emailing info@enxgroup.co.za or from the Company Secretary at enx@acorim.co.za By order of the board P Baloyi A Hannington R Lumb Chairman Chief Executive Officer Chief Financial Officer 15 May 2024 DIRECTORS Executive directors: A Hannington (Chief Executive Officer), R Lumb (Chief Financial Officer) Non-executive directors: P Baloyi (Chairman), Z Matthews*, R Mokhobo^, N Simamane* (*Independent, ^ Lead Independent) Registered office: 9th Floor, Katherine Towers, 1 Park Lane, Sandton, 2196 Postal address: PostNet Suite X86, Private Bag X7, Aston Manor, 1630 Sponsor: The Standard Bank of South Africa Limited Company secretary: Acorim Proprietary Limited, represented by R Cloete Transfer secretaries: Computershare Investor Services Proprietary Limited Date: 15-05-2024 10:00:00 Produced by the JSE SENS Department. 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