Trading statement for the six months ended 31 March 2024 OCEANA GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1939/001730/06) JSE / A2X share code: OCE NSX share code: OCG ISIN: ZAE000025284 ("Oceana" or "the Company" or "the Group") TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 MARCH 2024 The Group is currently finalising its financial results for the six months ended 31 March 2024 which are expected to be released on or about Monday, 10 June 2024. Shareholders are referred to the trading statement released on the Stock Exchange News Service ("SENS") of the JSE Limited ("JSE") on Friday, 15 March 2024. The Group advised that a reasonable degree of certainty existed that basic earnings per share ("EPS") and basic headline earnings per share ("HEPS") for the six months ended 31 March 2024 will be more than 60% higher than the reported EPS of 295.4 cents and HEPS of 299.1 cents for the previously reported six months ended 31 March 2023 ("comparative period"). In accordance with paragraph 3.4(b)(iii) of the Listings Requirements of the JSE, where a company has not been able to provide guidance as to the anticipated trading range with reasonable certainty, it is required to provide further guidance when it does have reasonable certainty of the range. Shareholders are accordingly advised that: • EPS is expected to be between 573 cents and 603 cents representing an increase of between 94% and 104% compared to EPS of 295.4 cents reported for the comparative period; and • HEPS is expected to be between 565 cents and 595 cents representing an increase of between 89% and 99% compared to HEPS of 299.1 cents reported for the comparative period. This strong first half performance is mainly attributable to Daybrook's higher fishmeal and fish oil sales volumes at record US dollar fish oil pricing and a pleasing Lucky Star result following improved canned food sales volumes delivered in the month of March. Overall performance was moderated by lower Wild Caught Seafood sales volumes. The financial information on which this trading statement is based has not been reviewed or reported on by the Group`s auditors. Cape Town 18 April 2024 JSE Sponsor The Standard Bank of South Africa Limited Date: 18-04-2024 07:05:00 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.