FRONTIER TRANSPORT HOLDINGS LIMITED - Reviewed Condensed Consolidated Results for the year ended 31 March 2026 and Declaration of Ordinary Cash Dividend

Reviewed Condensed Consolidated Results for the year ended 31 March 2026 and Declaration of Ordinary 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 2026 AND
DECLARATION OF ORDINARY CASH DIVIDEND

FINANCIAL HIGHLIGHTS
-   Revenue: R2 840.974m, down 6.5% (March 2025: R3 037.003m)
-   Headline earnings per share: 128.22 cents, up 0.3% (March 2025: 127.79 cents)
-   Earnings per share: 129.86 cents, down 0.3% (March 2025: 130.19 cents)
-   Net asset value: R1 815.518m, up 11.6% (March 2025: R1 626.624m)
-   Ordinary cash dividends (interim and final): 67.50 cents, up 7.0% (March 2025: 63.10 cents)

The condensed consolidated financial statements for the year ended 31 March 2026 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 and the results herein contained have been prepared in compliance with the JSE Limited
Listings Requirements and are 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 Tuesday, 26 May 2026, via the JSE link and also available on the Company's
website at www.frontiertransport.co.za

Copies of the full announcement will be available on issuer's website or JSE link.

The JSE link is as follows: https://senspdf.jse.co.za/documents/2026/jse/isse/FTHE/YE26.pdf.

DECLARATION OF ORDINARY CASH DIVIDEND TO SHAREHOLDERS
The directors have approved and declared a final ordinary dividend of 39.8 cents (gross) per Frontier share for the year
ended 31 March 2026 from income reserves (2025: 37.2 cents (gross)).

The salient dates for the payment of this dividend are as follows:

Last day to trade cum dividend                                        Tuesday, 9 June 2026
Commence trading ex-dividend                                          Wednesday, 10 June 2026
Record date                                                           Friday, 12 June 2026
Payment date                                                          Monday, 15 June 2026

Share certificates may not be dematerialised or rematerialised between Wednesday, 10 June 2026, and Friday,
12 June 2026, 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 295 905 571.
-   The DT amounts to 7.96000 cents per share for the final ordinary dividend.
-   The net local dividend amount is 31.84000 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
26 May 2026

Sponsor
Investec Bank Limited

Date: 26-05-2026 02:00:00
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