Trading statement Stefanutti Stocks Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1996/003767/06) Share code: SSK ISIN: ZAE000123766 (“Stefanutti Stocks” or “the group”) TRADING STATEMENT In terms of paragraph 3.4 (b) of the Listings Requirements of the JSE Limited, the board of directors of Stefanutti Stocks hereby provides shareholders with a trading update of the group’s results for the year ended 28 February 2023. In line with the Restructuring Plan, the group initiated a disposal program to include the sale of certain operations which have accordingly been classified as discontinued operations. These disposals are expected to be concluded within the next 12 months. Consequently, the results for the comparative prior period will be restated to reflect continuing and discontinued operations in accordance with International Financial Reporting Standards. Incorporating this reclassification and in respect of continuing operations, earnings per share are expected to reflect a loss of between 40,58 cents and 8,12 cents per share representing an improvement of between 75% and 95% on the restated loss of 162,30 cents per share for the comparative prior period. Similarly, headline earnings per share are expected to reflect a loss of between 37,30 cents and 20,72 cents per share representing an improvement of between 55% and 75% on the restated loss of 82,88 cents per share for the comparative prior period. In respect of total operations (comprising both continuing and discontinued operations), earnings per share are expected to reflect a profit of between zero and 24,83 cents per share representing an improvement of between 100% and 110% on the loss of 248,27 cents per share for the comparative prior period. Similarly, total headline earnings per share are expected to reflect a loss of between 48,54 cents and 29,12 cents per share representing an improvement of between 50% and 70% on the loss of 97,07 cents per share for the comparative prior period. The financial information on which this trading statement is based has not been reviewed or reported on by the group’s auditors. The release of the results for the year ended 28 February 2023 is anticipated to be published on 25 May 2023. Johannesburg 15 May 2023 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 15-05-2023 03:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.