LABAT AFRICA LIMITED - Short-Form Announcement Unaudited Interim Results for the Six Months Ended 30 November 2025

Short-Form Announcement Unaudited Interim Results for the Six Months Ended 30 November 2025

LABAT AFRICA LIMITED
Incorporated in the Republic of South Africa
(Registration number 1986/001616/06)
JSE code: LAB ISIN: ZAE000018354
LEI number: LEI9845000R73DF5EE41J88
("Labat" or "The company" or "the Group")


SHORT-FORM ANNOUNCEMENT
UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 NOVEMBER 2025


Salient Features
The shareholders are informed that the 31 May 2025 audited financial statrements had been issued
by the Company on 3 November 2025. These unaudited interim statements should be read in
conjunction with the year end statements.

The information below is extracted from the unaudited condensed consolidated financial
statements:

                                              6 Months       6 Months     Difference   Percentage
                                                 ended          ended
                                                30 Nov         30 Nov
                                                  2025           2024
                                             Unaudited      Unaudited

Revenue                            R' 000       150 884         33 312       117 572         353%
Gross profit                       R' 000        99 732         22 541        77 191         342%
Total comprehensive income         R' 000        70 957          8 606        62 351         724%
Earnings per share                 cents           3.57            1.14         2.43         213%
Headline earnings per share        cents           3.64            1.29         2.35         182%
Net Asset Value per share          cents          25.13          (1.62)        26.75        1651%



Short-Form Announcement
The short-form announcement is the responsibility of the directors. It is only a summary of the
information contained in the Unaudited Condensed Consolidated Financial Results for the six months
ended 30 November 2025 ("Full announcement") and does not contain full or complete details. Any
investment decisions by investors and/or shareholders should be based on a consideration of the full
announcement which is available on the Company's website www.labat.co.za or can be accessed
via the following link:

https://senspdf.jse.co.za/documents/2025/jse/isse/lab/LABI2025.pdf.

Copies of the full announcement may be requested from the Company (info@labat.co.za) or
inspected at the registered office and/or the Sponsors' office, at no charge, during office hours.
For and on behalf of the Board of Directors.




IO Noormohamed                                                       DJ O Neill
Chief Executive Officer                                              Financial Director

Johannesburg
22 December 2025

Directors:
IO Noormohamed*, DJ O'Neill*, H Maasdorp*, J Kaila^, F Paruk^, N Bodirwa
Executive*, Independent non-executive^

Company Secretary: Alred van Rooyen

Registered Address: The Leonardo, 14th Floor, 75 Maude Street, Sandown, 2146

Sponsor: Vunani Sponsors

Transfer Secretary: Computershare Investor Services Proprietary Limited

Date: 22-12-2025 09:00:00
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