WILSON BAYLY HOLMES-OVCON LIMITED - Audited Financial Statements and Cash Dividend Declaration for the year ended 30 June 2025

Audited Financial Statements and Cash Dividend Declaration for the year ended 30 June 2025

WILSON BAYLY HOLMES - OVCON LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1982/011014/06
JSE and A2X Share Code: WBO
ISIN: ZAE000009932
("Company" or "Group")

AUDITED FINANCIAL STATEMENTS AND CASH DIVIDEND DECLARATION FOR THE YEAR ENDED 30 JUNE 2025

FINANCIAL PERFORMANCE:
The Group performed well for the financial year ended 30 June 2025 demonstrating improved margins from
most business units.


Key highlights:
    - Revenue from continuing operations increased by 4% to R28.5 billion
      (2024: R27.5 billion)
    - Operating profit increased by 13% to R1.4 billion (2024: R1.2 billion)
    - Earnings per share from continuing operations improved to 2 299 cents (2024: 1 853 cents)
    - Headline earnings from continuing operations per share increased to 2 278 cents (2024: 2 021 cents)
    - Earnings per share from total operations improved to 2 357 cents (2024: 1 844 cents)
    - Headline earnings from total operations per share increased to 2 337 cents (2024: 2 012 cents)
    - The net asset value of the Group amounts to R5.6 billion (2024: R4.7 billion)
    - Order book of R37.6 billion at June 2025 (2024: R30.6 billion)
    - Final cash dividend of 320 cents per share declared for the year ended 30 June 2025
      (2024: 230 cents per share)

The audited consolidated financial statements ("full announcement") can be found at the following link
https://senspdf.jse.co.za/documents/2025/jse/isse/WBO/Audited25.pdf and on the Company's website at
www.wbho.co.za

A set of summary consolidated financial statements accompanied by commentary on the Group's performance
for the year ended 30 June 2025 is available on the Company's website at www.wbho.co.za/investors/2025

The full announcement has been audited by the Group's auditors, PricewaterhouseCoopers Incorporated who
expressed an unmodified opinion thereon.

The directors are responsible for the preparation and fair presentation of the full audited consolidated
financial statements and the summary consolidated financial statements for the year ended 30 June 2025.

This short-form announcement is a summary of the information included in the full announcement and any
investment decision should be based on the full announcement. Copies of the full announcement may also be
requested via email from the Company secretary, Donna.Msiska@wbho.co.za.

CASH DIVIDEND
Notice is hereby given that the directors have declared a final gross dividend of 320 cents per share (2024: 230
cents per share).

The following dates in respect of the payment of the dividend are relevant:
Last date to trade cum dividend:                         Tuesday, 21 October 2025
Trading ex dividend commences:                         Wednesday, 22 October 2025
Record date:                                              Friday, 24 October 2025
Payment date:                                             Monday, 27 October 2025

Shares may not be dematerialised or re-materialised between Wednesday, 22 October and Friday, 24 October
2025, both dates inclusive.

In terms of dividend tax legislation, the following information is disclosed:
     - The dividend is declared from income reserves and is subject to dividend withholding tax of 20%
     - The dividend net of dividend tax amounts to a net dividend of 256 cents per share
     - The number of shares in issue at date of declaration amounts to 71 018 425 (51 956 468 exclusive of
       treasury shares)
     - The Company's tax reference number is 9999597710


On behalf of the Board


CV Henwood               WP Neff                            AC Logan
Chairman                 Chief Executive Officer            Chief Financial Officer

Registered office
53 Andries Street
Wynberg
Sandton

9 September 2025

Sponsor: Investec Bank Limited

Date: 09-09-2025 03:32:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.