CROOKES BROTHERS LIMITED - Trading statement

Trading statement

Crookes Brothers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1913/000290/06)
Share code: CKS ISIN: ZAE000001434
("Crookes Brothers" or "the Company" or "the Group")

Trading statement

In terms of the JSE Limited Listings Requirements, a company is required to publish a trading statement
as soon as it is satisfied that a reasonable degree of certainty exists that the financial results for the
next period to be reported on will differ by at least 20% or more from those of the previous corresponding
period.

For the interim period ended 30 September 2025, shareholders are advised that:

  •   Basic earnings per share ("EPS") is expected to be between 123.4 cents and 133.4 cents per
      share (a decrease of between 50% and 46%, respectively, when compared to EPS of 248.1 cents
      per share reported for the interim period ended 30 September 2024); and
  •   Headline earnings per share ("HEPS") is expected to be between 121.9 cents and 131.9 cents
      per share (a decrease of between 46% and 42%, respectively, when compared to HEPS of 225.5
      cents per share reported for the interim period ended 30 September 2024).

The decrease in earnings is largely due to softer commodity prices, impacting all crops produced by the
Group, as well as extreme weather events which have negatively impacted volumes and yields in our
banana and macadamia segments.

The financial information on which this trading statement is based is the responsibility of the directors
of the Company and has not been reviewed or reported on by the Group's independent external auditor.

The Company's interim results for the period ended 30 September 2025 will be published on or about
28 November 2025.


Durban
20 November 2025

JSE Sponsor to Crookes Brothers
Questco Corporate Advisory (Pty) Ltd

Date: 20-11-2025 12:30:00
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