AFROCENTRIC INVESTMENT CORPORATION LIMITED - Trading statement for the six months ended 30 June 2026

Trading statement for the six months ended 30 June 2026

AFROCENTRIC INVESTMENT CORPORATION LIMITED
Incorporated in the Republic of South Africa
Registration Number: 1988/000570/06
JSE Code: ACT
ISIN: ZAE000078416
(“AfroCentric”)

TRADING STATEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2026

In terms of paragraph 6.26 of the JSE Listings Requirements, companies are required to provide
guidance to the market as soon as they are satisfied that a reasonable degree of certainty exists
that the financial results for the six months ended 30 June 2026 (the “current reporting period”) will
differ by at least 20% from the published financial results for the six months ended 30 June 2025
(the “previous corresponding period”).

Accordingly, AfroCentric shareholders are advised that:

•     earnings per share for the current reporting period is expected to be between 6.68 cents and
      8.98 cents, reflecting a decrease of between 22.2% and 42.1% in comparison to the earnings
      per share of 11.54 cents per share in the previous corresponding period; and
•     headline earnings per share for the current reporting period is expected to be between 7.37
      cents and 9.71 cents reflecting a decrease of between 16.9% and 36.9% in comparison to
      the headline earnings per share of 11.68 cents in the previous corresponding period.

The decrease in earnings per share and headline earnings per share is primarily attributable to
lower operating profitability within the Services cluster, driven by client contract losses in the
administration and managed care businesses, together with costs associated with rightsizing and
cost reset initiatives. Earnings were further impacted by weaker operational performance in the
Retail cluster arising from the termination of designated service provider contracts in the prior year.

Further information will be provided in AfroCentric’s interim results for the current reporting period,
which are expected to be published on or about 1 September 2026.

The financial information on which this trading statement is based has not been audited, reviewed,
or reported on by AfroCentric’s external auditors.


Johannesburg
27 August 2026

Sponsor
Questco Corporate Advisory (Pty) Ltd
Date: 27/08/2026 09:44:00
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