Reviewed Consolidated Results for the year ended 31 March 2024 and Declaration of Cash Dividend FRONTIER TRANSPORT HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number: 2015/250356/06 Share code: FTH ISIN: ZAE000300505 ("Frontier" or the "Company") REVIEWED CONDENSED CONSOLIDATED RESULTS FOR THE YEAR ENDED 31 MARCH 2024 AND DECLARATION OF ORDINARY CASH DIVIDEND TO SHAREHOLDERS FINANCIAL HIGHLIGHTS - Revenue: R2 605.820m, up 8.9% (March 2023: R2 393.841m) - Headline earnings per share: 132.40 cents, up 37.8% (March 2023: 96.07 cents) - Earnings per share: 134.01 cents, up 40.3% (March 2023: 95.55 cents) - Net asset value: R1 381.031m, down 10.7% (March 2023: R1 546.627m) - Ordinary cash dividends: 48.4 cents (March 2023: 57 cents) - Special cash dividends: 137.38 cents (March 2023: nil) The condensed consolidated financial statements for the year ended 31 March 2024 have been reviewed by BDO South Africa Incorporated, who expressed an unmodified review conclusion. The auditor's report does not necessarily report on all the information contained in the financial results. Any reference to future financial performance included in this announcement has not been reviewed nor reported on. This short-form announcement is the responsibility of the directors. It is only a summary of the information contained in the full announcement and does not contain full or complete details. Any investment decision should be based on the full announcement, which can be accessed from Thursday, 23 May 2024, via the JSE link and also available on the Company's website at www.frontiertransport.co.za Copies of the full announcement may also be requested at the Company's registered office during office hours, at no charge. The JSE link is as follows: https://senspdf.jse.co.za/documents/2024/jse/isse/FTHE/YE24.pdf DECLARATION OF ORDINARY CASH DIVIDEND TO SHAREHOLDERS The directors have approved and declared a final ordinary dividend of 24.2 cents (gross) per Frontier share for the year ended 31 March 2024 from income reserves (2023: 35 cents (gross)). The salient dates for the payment of this dividend are as follows: Last day to trade cum dividend Tuesday, 11 June 2024 Commence trading ex-dividend Wednesday, 12 June 2024 Record date Friday, 14 June 2024 Payment date Tuesday, 18 June 2024 Share certificates may not be dematerialised or rematerialised between Wednesday, 12 June 2024, and Friday, 14 June 2024, both days inclusive. In terms of legislation applicable to Dividends Tax ("DT") the following additional information is disclosed: - The final ordinary dividend shall constitute a "dividend" as defined in the Income Tax Act, 58 of 1962. - The local DT rate is 20%. - The number of ordinary shares in issue at the date of the declaration is 291 180 254. - The DT amounts to 4.84000 cents per share for the final ordinary dividend. - The net local dividend amount is 19.36000 cents per share for the final ordinary dividend for all shareholders who are not exempt from the DT. - Frontier's income tax reference number is 9754/276/16/1. In terms of DT legislation, any DT amount due will be withheld and paid over to the South African Revenue Service by a nominee company, stockbroker or Central Securities Depository Participant (collectively "regulated intermediary") on behalf of shareholders. All shareholders should declare their status to their regulated intermediary as they may qualify for a reduced DT rate or exemption. Cape Town 23 May 2024 Sponsor Investec Bank Limited Date: 23-05-2024 05:11:00 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.