Short form: summary of unaudited consolidated interim results for the six months ended 31 March 2021 Nampak Limited (Incorporated in the Republic of South Africa) Registration Number: 1968/008070/06 Share Code: NPK ISIN: ZAE000071676 Share Code: NPP1 ISIN: ZAE000004966 Share Code: NPKP ISIN: ZAE000004958 LEI: 3789003820EC27C76729 (“Nampak” or “the group” or “the company”) SHORT FORM: SUMMARY OF UNAUDITED CONSOLIDATED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2021 HIGHLIGHTS - Revenue stable at R6.5 billion - Trading profit up 11% to R706 million - Operating profit up 89% to R543 million - Cash generated from operations up 19% to R852 million - Group funding covenants complied with in 1Q21 and 2Q21 - Earnings of 17.0 cps for continuing operations, compared to a loss of 408.9 cps in 1H20 - Headline earnings of 17.6 cps for continuing operations, compared to 7.0 cps in 1H20 - Headline earnings of 17.6 cps for total operations, compared to 0.3 cps in 1H20 COMMENTARY “Nampak had a very pleasing first half of the year, despite the ongoing restrictions on trading caused by the COVID-19 pandemic. Overall group profitability improved, driven by our focused strategy to simplify the group and optimise operations. Restructuring efforts at DivFood yielded very positive results with the division returning to profitability. This, coupled with the close management of working capital and prudent capital expenditure, resulted in substantially improved cash generation.” – Erik Smuts, Nampak Chief executive officer Overview Group results were driven by good growth in the Metals division, largely as result of a very strong performance by our Nigerian operations. Divfood and the Plastics division in South Africa increased profitability significantly, while export contracts at Bevcan South Africa mitigated softer local demand for beverage cans. Good progress was made towards achieving our strategic goal of improving our risk profile, as management reduced the group’s exposure to US dollar debt as planned. The simplification of the group and optimisation of operations also delivered positive results as all businesses focused on refining operating structures and reduced fixed costs. Further savings are expected from these projects for the remainder of FY21 and into FY22. Our manufacturing sites continued to mitigate the impact of COVID-19 by implementing additional safety measures. Unfortunately, our group lost time injury frequency rate deteriorated marginally to 0.4 and exceeded our target of improving on the 0.35 threshold. Sadly, five employees also passed away as a result of the coronavirus. We extend our sympathies and condolences to their families. Group financial performance – continuing operations R million 1H21 1H20 % change Revenue 6 522 6 519 - Trading profit 706 633 11% Operating profit 543 287 89% Profit before net impairments 287 117 +100% Profit/(loss) before tax 272 (2 923) +100% Profit/(loss) for the period 171 (2 858) +100% Cash generated from operations(1) 852 715 19% Cash flows from operations(1) 489 301 62% Continuing operations: Earnings/(loss) per share (cents) 17.0 (408.9) +100% Headline earnings per share (cents) 17.6 7.0 +100% Continuing and discontinued operations: Earnings/(loss) per share (cents) 17.0 (336.0) +100% Headline earnings per share (cents) 17.6 0.3 +100% (1) From total operations This short form announcement is the responsibility of the directors and is only a summary of the information in the full announcement, which is available on the JSE website https://senspdf.jse.co.za/documents/2021/JSE/isse/NPK/HY2021.pdf and on Nampak's website www.nampak.com/Investors/Financial-Information under the 2021 financial year. Any investment decisions made by investors and/or shareholders should be based on consideration of the full announcement as a whole. The short form announcement has not been audited. Copies of the full announcement may also be requested from the Group Company Secretary, Ilse van Lochem on Ilse.vanLochem@nampak.com, alternatively collected from the company's registered office, at no charge, during office hours. INTERIM RESULTS PRESENTATION WEBCAST Nampak management will hold a webcast on Friday, 28 May 2021 at 10h00 Central Africa Time (UTC+2) to present its interim results, provide a business update and address questions from the investment community. Webcast details are available on Nampak’s website http://www.nampak.com/Investors and the interim results presentation and announcements will be uploaded on the website, the same morning. Bryanston 28 May 2021 Sponsor: UBS South Africa (Pty) Ltd Registered office Nampak House, Hampton Office Park 20 Georgian Crescent East Bryanston, Sandton 2191 South Africa PO Box 69983 Sandton 2021 South Africa Telephone +27 11 719 6300 Website www.nampak.com Date: 28-05-2021 08:00:00 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.