SOUTH OCEAN HOLDINGS LIMITED - TRADING STATEMENT

TRADING STATEMENT

                                  South Ocean Holdings Limited
                           (Incorporated in the Republic of South Africa)
                               (Registration number 2007/002381/06)
                                          Share code: SOH
                                         ISIN: ZAE000092748
                        (“South Ocean” or “the Company” or “the Group”)


                                         TRADING STATEMENT


In terms of paragraph 6.26(a) of the Listings Requirements of the JSE Limited, companies are
required to publish an initial trading statement as soon as they are satisfied that a reasonable
degree of certainty exists that the financial results for the period to be reported on will differ by at
least 20% from the financial results for the previous corresponding period or a profit forecast
previously provided to the market in relation to such period.

Shareholders are advised that for the year ended 30 June 2026, both earnings per share (“EPS”)
and headline earnings per share (“HEPS”) increased by 186.1% from a loss of (9.31) cents per share
in the prior comparative period to earnings of 8.02 cents per share.

This financial information has not been reviewed or reported on by the Company’s auditors.

Johannesburg
17 August 2026

Sponsor
AcaciaCap Advisors Proprietary Limited
Date: 17/08/2026 13:47:00
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.