COMBINED MOTOR HOLDINGS LIMITED - Group Financial Highlights for the year ended 28 February 2026

Group Financial Highlights for the year ended 28 February 2026

Combined Motor Holdings Limited
("the Company" or "the Group")
(Registration number: 1965/000270/06) (Share code: CMH) (ISIN: ZAE000088050)
JSE Main Board: General Segment

GROUP FINANCIAL HIGHLIGHTS FOR THE YEAR ENDED 28 FEBRUARY 2026

-   Revenue up 18.6%
-   Cash resources up 20.0%
-   Basic earnings per share up 31.7%
-   Operating profit up 17.1%
-   Net asset value per share up 11.9%
-   Headline earnings per share up 33.0%

                                                                                           Change           28 February          28 February
                                                                                                %                  2026                 2025
Total assets                                                               (R'000)            8.0             5 908 407            5 472 658
Cash resources                                                             (R'000)           20.0             1 145 415              954 124
Net asset value per share                                                  (cents)           11.9                 2 118                1 893
Revenue                                                                    (R'000)           18.6            15 711 190           13 251 596
Operating profit                                                           (R'000)           17.1               748 640              639 543
Operating profit to revenue                                                    (%)              -                   4.8                  4.8
Total profit and comprehensive income                                      (R'000)           29.7               390 947              301 492
Return on shareholders' funds                                                  (%)           24.9                  27.1                 21.7
Basic earnings per share                                                   (cents)           31.7                 530.8                403.1
Headline earnings per share                                                (cents)           33.0                 536.4                403.2
Dividends paid per share                                                   (cents)         (46.9)                 171.0                322.0
Dividend declared per share, payable June 2026 (2025: June 2025)           (cents)           29.8                 222.0                171.0

Audit
The consolidated financial statements for the year ended 28 February 2026 have been audited by the Company's auditors, KPMG Inc., who expressed
an unmodified opinion thereon. The audit opinion also includes communication of key audit matters. The audit opinion is available along with the
financial statements, on the Company's website at https://www.cmh.co.za/investor

Dividend declaration

Notice is hereby given that a dividend (dividend number 74) of 222 cents per share will be paid on Monday, 15 June 2026 to members reflected in
the share register of the Company at the close of business on the record date, Friday, 12 June 2026. Last day to trade cum dividend is Tuesday,
9 June 2026. First day to trade ex dividend is Wednesday, 10 June 2026. Share certificates may not be dematerialised or rematerialised from
Wednesday, 10 June 2026 to Friday, 12 June 2026, both days inclusive. The number of ordinary shares in issue at the date of the declaration
is 69 424 804. Consequently, the gross dividend payable is R154 123 065 and will be distributed from income reserves. The dividend will be
subject to dividend withholding tax at a rate of 20%, which will result in a net dividend of 177.6 cents to those shareholders who are not
exempt in terms of section 64F of the Income Tax Act.

Short-form announcement

This short-form announcement is the responsibility of the directors. It is only a summary of the information contained in the integrated annual
report for the year ended 28 February 2026 ("2026 IAR") and does not contain complete details. Any investment decision should be based on the
2026 IAR which can be found on the Company's website at www.cmh.co.za and at the following link
https://senspdf.jse.co.za/documents/2026/jse/isse/CMH/CMHIAR2026.pdf and will be posted to shareholders on 28 April 2026. The 2026 IAR is also
available for inspection at the Company's registered office.

Notice of annual general meeting

Notice is hereby given that the annual general meeting ("AGM") of shareholders of the Company will be held in the boardroom at CMH Head Office
located at 1 Wilton Crescent, Umhlanga Ridge, on Wednesday, 3 June 2026 commencing at 14:30. The full notice of meeting can be found in the 2026 IAR.

Important dates

Record date (in terms of section 59(1)(a) of the Act) to receive the Notice of the AGM                                 Friday, 17 April   2026
Notice of AGM distributed to shareholders                                                                             Tuesday, 28 April   2026
Last day to trade in order to be eligible to vote at the AGM                                                            Tuesday, 19 May   2026
Record date (in terms of section 59(1)(b) of the Act) to vote at the AGM                                                 Friday, 22 May   2026

28 April 2026

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

Date: 28-04-2026 01:40:00
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