COPPER 360 LIMITED - Publication of Audited Consolidated and Separate Annual Financial Statements for 28 February 2026, Change Statement

Publication of Audited Consolidated and Separate Annual Financial Statements for 28 February 2026, Change Statement

COPPER 360 LIMITED
Incorporated in the Republic of South Africa
(Registration number 2021/609755/06)
Share code: CPR
ISIN: ZAE000318531
("Copper 360" or "the Company")

PUBLICATION OF AUDITED CONSOLIDATED AND SEPARATE ANNUAL FINANCIAL STATEMENTS FOR
THE YEAR ENDED 28 FEBRUARY 2026 AND CHANGE STATEMENT

PUBLICATION AND AVAILABILITY OF ANNUAL FINANCIAL STATEMENTS

Shareholders are advised that Copper 360 has today published its audited consolidated and separate annual
financial statements for the year ended 28 February 2026 ("Annual Financial Statements" or "AFS"). The AFS
were authorised for issue on 14 August 2026.

The AFS are available on the Company's website at https://copper360.co.za/annual-reports-financials/ and on
the JSE cloudlink at https://senspdf.jse.co.za/documents/2026/JSE/isse/CPRE/AFSYE2026.pdf.

This announcement does not contain full or complete details of the AFS. Any investment decision by investors
and/or shareholders should be based on consideration of the full AFS available through the links above.

SELECTED CONSOLIDATED FINANCIAL PERFORMANCE INDICATORS

The following key movements are presented on a consolidated Group basis for the year ended 28 February 2026:
 •   Revenue decreased by 0.4% to R143.2 million (2025: R143.7 million).
 •   Loss after tax increased by 14.2% to R366.8 million (2025: R321.2 million).
 •   Basic and diluted loss per share improved by 38.9% to 27.87 cents (2025: 45.65 cents).
 •   Headline loss per share improved by 19.1% to 27.36 cents (2025: 33.82 cents).

CHANGE STATEMENT

Shareholders are referred to the Company's SENS announcement released on 31 July 2026, titled "Trading
Statement Update – Restatement of Previously Published Basic, Diluted and Headline Loss Per Share for the Year
Ended 28 February 2026" (the "31 July Announcement"), which advised shareholders that the audited results
for the year ended 28 February 2026 were expected to differ from the reviewed condensed consolidated results
released on SENS on 1 June 2026.

As set out in the 31 July Announcement, the changes arose principally from non-cash audit adjustments
identified in the accounting for the Company's recapitalisation and debt restructuring transactions undertaken
during the 2026 financial year. These included the measurement, in terms of IFRIC 19, of shares issued to
extinguish financial liabilities at their quoted market price, as well as adjustments under IFRS 2 and IAS 38
relating to shares issued in connection with the reacquisition or cancellation of royalty and revenue-share rights.
The final audited basic and diluted loss per share is 27.87 cents (previously published: 19.97 cents) and headline
loss per share is 27.36 cents (previously published: 19.46 cents). The restructuring-related adjustments are
accounting in nature and non-cash and do not affect the Company's cash resources, liquidity or underlying
operations.

For further detail regarding the nature, circumstances and financial impact of these changes, shareholders are
referred to the 31 July Announcement.
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DIVIDEND DECLARATION

The dividend policy considers the declaration of dividends having regard to the Group's profitability, cash flow
generation, capital expenditure requirements, funding obligations and overall financial position at the relevant
time. No dividend has been declared for the period under review (2025: nil). The declaration of any dividend
remains at the Board's sole discretion and is subject at all times to compliance with the solvency and liquidity
test prescribed by section 4 of the Companies Act, No. 71 of 2008, as amended, and any other applicable legal
and regulatory requirements.

AUDIT OPINION

The AFS have been audited by Moore Pretoria Incorporated, the Company's independent external auditor, which
expressed an unmodified audit opinion. The auditor's report does not contain a material uncertainty related to
going concern or an emphasis of matter paragraph and does not report a reportable irregularity or material
inconsistency. The auditor's report accompanies the AFS on the JSE cloudlink.

The financial information included in this announcement has been extracted from the audited AFS. This
announcement itself has not been audited or reviewed by the external auditor, and the directors are responsible
for the accuracy of the information contained herein.

ANNUAL REPORT AND ANNUAL GENERAL MEETING

The Company's annual report, notice of annual general meeting ("AGM") and the additional annual-report
information contemplated in paragraph 11.38 of the JSE Listings Requirements will be made available separately.
A further SENS announcement will advise shareholders of the date, time and venue of the AGM.

Stellenbosch
14 August 2026
Designated Advisor: Bridge Capital Advisors Proprietary Limited                                                               
Date: 14-08-2026 05:05:00
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