ISA HOLDINGS LIMITED - Further Trading Statement

Further Trading Statement 

ISA Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1998/009608/06)
Share code: ISA  ISIN: ZAE000067344
(“ISA” or “the Company”)


FURTHER TRADING STATEMENT


In terms of the Listings Requirements of the JSE Limited, a listed company is required to publish a trading
statement as soon as it is reasonably certain that the financial results for the next period to be reported on
will differ by at least 20% from the financial results for the previous corresponding period.

Further to the initial trading statement released on SENS on 21 August 2026, shareholders are advised that,
based on a further review by management of the financial results for the interim period ended 31 August
2026, the Board now has a reasonable degree of certainty that:

-   earnings per share (“EPS”) is expected to be between 21.56 cents and 23.44 cents, compared to the
    EPS of 9.40 cents for the interim period ended 31 August 2025; and

-   headline earnings per share (“HEPS”) is expected to be between 10.76 cents and 12.64 cents, reflecting
    an increase of between 14.5% and 34.5% compared to the HEPS of 9.40 cents for the interim period
    ended 31 August 2025.

The increase in EPS is largely due to the profit realised on the disposal of the Company’s 50% interest in
DataProof Communications Proprietary Limited, which was completed on 20 May 2026, as announced on
SENS on 23 April 2026 and 20 May 2026.

The financial information on which this trading statement is based has not been reviewed or reported on by
the Company’s auditors.

The Company's financial results are expected to be released on SENS on or about 13 November 2026.

Johannesburg
9 November 2026

Designated Adviser
Merchantec Capital
Date: 09/11/2026 04:46:00
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