Trading Statement for the six months ended 31 August 2021 HULISANI LIMITED Incorporated in the Republic of South Africa (Registration number: 2015/363903/06) Share code: HUL ISIN: ZAE000212072 (“Hulisani” or “the Group”) TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 AUGUST 2021 In terms of paragraph 3.4(b) the JSE Limited Listings Requirements, a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the period to be reported on will differ by 20% or more from the financial results for the previous corresponding period. Accordingly, the Group hereby advises that a reasonable degree of certainty exists that for the six months period ended 31 August 2021: - Earnings and headline earnings per share are expected to be between 48.60 and 49.40 cents, representing an improvement of between 44.60 cents and 45.40 cents respectively, compared to the earnings and headline earnings per share of 4 cents in the same period last year. The improved performance is largely due to fair value gains from investments, as well as a reduction in costs driven by the internal cost cutting measures. The financial information contained in this trading statement is the responsibility of the directors and has not been reviewed or reported on by the Group’s auditors. The interim results for the period ended 31 August 2021 are expected to be published on or about 15 November 2021. Johannesburg 29 October 2021 Sponsor Questco Corporate Advisory Proprietary Limited Date: 29-10-2021 03:31:00 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.