MUSTEK LIMITED - Trading statement for the year ended 30 June 2026

Trading statement for the year ended 30 June 2026

Mustek Limited
(Registration number 1987/070161/06)
(Incorporated in the Republic of South Africa)
Share code: MST
ISIN: ZAE000012373
(“Mustek” or “the Company” or “the Group”)


TRADING STATEMENT FOR THE YEAR ENDED 30 JUNE 2026


This trading statement is published in compliance with paragraphs 6.26 to 6.30 of the Listings
Requirements of the JSE (“Listings Requirements”).

Accordingly, Mustek’s shareholders are informed that, for the year ended 30 June 2026, Mustek’s
headline earnings per share is expected to be between 200.83 and 208.05 cents compared to
72.73 cents in the prior year and basic earnings per share is expected to be between 195.78 and
202.95 cents compared to 71.71 cents in the prior year.

The improvement in the Group’s performance compared to the year ended 30 June 2025 was
driven mainly by a material reduction in finance costs and a more favourable foreign exchange
impact, supported by disciplined cost control and improved contributions from equity-accounted
investments.

Net asset value per share is expected to be between 3 000.00 cents and 3 060.00 cents,
compared to 2 869.71 cents as at 30 June 2025.

Shareholders are advised that, in accordance with paragraphs 11.24 and 11.25 of the Listings
Requirements and Regulations 111 (9) and (10) of the Companies Regulations, 2011, the financial
information in this trading statement has been reviewed and reported on by BDO, the Group’s
external auditors. Their review was performed in accordance with ISAE 3000 Revised - Assurance
Engagements other than Audits or Reviews of Historical Financial Information. A copy of the
unmodified report is available on the Mustek website at https://mustek.co.za/investor/#news and
is also available for inspection by shareholders at the registered address of Mustek during office
hours until publication of the financial results for the year ended 30 June 2026.

Responsibility statement
The board of directors (“the Board”) accepts responsibility for the information contained in this
announcement. To the best of the Board’s knowledge and belief, the information contained in this
announcement is true and nothing has been omitted which is likely to affect the importance of the
information.

Johannesburg
10 September 2026

Sponsor
Valeo Capital (Pty) Ltd
Date: 10/09/2026 08:00:00
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