VISUAL INTERNATIONAL HOLDINGS LIMITED - Trading Statement for the Year Ended 28 February 2025

Trading Statement for the Year Ended 28 February 2025

VISUAL INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/030975/06)
ISIN code: ZAE000187407       Share code: VIS
("the Company" or "the Group")


TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2025


In terms of paragraph 3.4(b) of the JSE Listings Requirements, companies are required to
publish a trading statement as soon as they are satisfied that a reasonable degree of certainty
exists that the financial results for the period to be reported on will differ by at least 20% from
the financial results for the previous corresponding period or a profit forecast previously
provided to the market in relation to such period.

-   basic and diluted earnings per share reported as 0.62 cents, representing a decrease of
    81% compared to the basic and diluted earnings per share of 3.33 cents reported for the
    previous corresponding period, and
-   headline earnings per share reported as 0.40 cents, representing a loss of 88% compared
    to the headline earnings per share of 3.33 cents reported for the previous corresponding
    period.

The main reason for the decline is that the prior year results contained a large reversal of the
Expected Credit Loss provision against the RAL Trust loan receivable pursuant to a
substantially higher valuation of the underlying property Erf 18362 following the rezoning to
General Business 6.

The financial information on which this trading statement is based has not been reviewed nor
reported on by the Group's auditors.

Visual's audited results for the year ended 28 February 2025 are undergoing external review
and will be published before mid-July 2025.


CAPE TOWN
30 June 2025

Designated Advisor
AcaciaCap Advisors Proprietary Limited

Date: 30-06-2025 01:34:00
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