Updated trading statement AVENG LIMITED Incorporated in the Republic of South Africa (Registration number: 1944/018119/06) ISIN: ZAE000302618 SHARE CODE: AEG ("Aveng" or "the Group") UPDATED TRADING STATEMENT This trading statement is in accordance with paragraph 3.4 (b) of the JSE Listings Requirements, which requires issuers to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on will differ by at least 20% from those of the prior comparative period. Shareholders are referred to the trading statement announced on SENS on 12 August 2024, detailing that the Company will report an expected earnings per share profit and a headline earnings per share profit for the year ended 30 June 2024. The Group hereby advises that a reasonable degree of certainty exists that the results for the year ended 30 June 2024 to be within the following ranges: Expected Reported 30 June 2024 30 June 2023 A$'000 % change A$'000 Earnings / (loss) for the period 24 400 – 26 900 more than 100% (103 971) Headline earnings / (loss) 37 200 – 39 500 more than 100% (77 739) A$ cents % change A$ cents Basic earnings / (loss) per share 19.6 – 20.8 more than 100% (82.4) Headline earnings / (loss) per share 29.0 – 30.8 more than 100% (61.6) Diluted earnings / (loss) per share 19.1 – 20.3 more than 100% (82.4) Diluted headline earnings / (loss) per share 28.3 – 30.1 more than 100% (61.6) Shareholders should note that the prior reported financial information included expenses amounting to A$104 million from the Batangas LNG terminal project and losses from discontinued operations of A$12 million, which are not expected to reoccur. The Group expects to release its audited results on or about 20 August 2024. The financial information on which this updated trading statement is based has not been reviewed or reported on by the Group's auditors. 14 August 2024 Boksburg, South Africa JSE Sponsor Valeo Capital (Pty) Ltd Edinah Mandizha Company Secretary Tel: 011 779 2800 Email: Edinah.mandizha@avenggroup.com Date: 14-08-2024 04:26:00 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.