HUGE GROUP LIMITED - Unaudited condensed consolidated results for the six months ended 31 August 2025

Unaudited condensed consolidated results for the six months ended 31 August 2025

HUGE GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
("Huge Group" or "the Company")

SHORT-FORM ANNOUNCEMENT:
UNAUDITED CONDENSED CONSOLIDATED RESULTS FOR THE SIX MONTHS ENDED
31 AUGUST 2025

The board of directors of the Company (the Board) is authorised to present the
unaudited condensed consolidated interim results for the six months ended 31
August 2025 (the 2026 Interim Results).

SALIENT FEATURES

Huge Group is an investment entity in terms of International Financial Reporting
Standards (IFRS Accounting Standards): IFRS 10. The performance measures
relevant to the Company's financial results are:

                                       6 months         Financial         6 months
                                       ended 31        year ended         ended 31
                                    August 2025       28 February      August 2024
                                    (Unaudited)              2025      (Unaudited)
                                                        (Audited)
 Net asset value per     Cents           948.85            928.69           983.73
 share 
 Operating profit        R'000           34 783          (61 514)           33 447
 Headline earnings       Cents            20.16           (35.65)            19.38
 per share
 Earnings per share      Cents            20.16           (35.65)            19.38

DIVIDEND

No dividends have been declared or paid for the six months ended 31 August
2025.

INVESTMENT ENTITY STATUS

IFRS requires that an entity annually reassesses whether it is an investment entity
and if facts or circumstances indicate changes to one or more of the elements
characteristics of an investment entity, it may be required to change its basis
of accounting.
An investment entity does not consolidate its subsidiaries (other than
subsidiaries that provide services related to the investment entity's investment
activities, such as those subsidiaries comprising Huge Group's head office
operations, being Huge Management Company Proprietary Limited, Huge
Soho Proprietary Limited, and Huge SPV 1 Proprietary Limited), but rather
measures its subsidiaries at fair value through profit or loss.

Huge Group has re-assessed its status as an entity and has determined that it
continues to exhibit the characteristics of an investment entity in terms of
IFRS10.

SHORT-FORM ANNOUNCEMENT

This short form announcement is the responsibility of the Board and is only a
summary of the information contained in the full announcement released on
SENS on 27 November 2025.

This short-form announcement does not contain full or complete details
pertaining to Huge Group's results. Any investment decisions by investors
and/or shareholders should be based on consideration of the Full
Announcement, which may be downloaded from the Company's website at:
https://www.hugegroup.com/financials and which may also be viewed at the
registered offices of the Company and the Sponsor, at no charge, during office
hours from the date of this announcement for a period of 30 days.

The Full Announcement is also available on the JSE's website at:
https://senspdf.jse.co.za/documents/2025/jse/isse/HUG/HY2026.pdf.

Johannesburg
27 November 2025
Sponsor
Questco (Pty) Ltd

Date: 27-11-2025 03:50:00
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