First quarter operational update - FY 2022 CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028320 (“Cashbuild” or “the Group”) FIRST QUARTER OPERATIONAL UPDATE – FY 2022 Cashbuild herewith provides its voluntary quarterly operational update for the quarter ended 30 September 2021 (“first quarter” or “Q1 FY2022”). Shareholders are reminded of the SENS announcement released on 14 July 2021 relating to violence and looting in South Africa, that affected 36 of the Group’s stores. Excluding the effect of the 36 looted stores, revenue for the first quarter for the Group was down 4% on the first quarter of the prior financial year (“the comparative period” or “Q1 FY2021”). The 11 new stores opened since 1 July 2020 contributed 2% to revenue growth, whilst the 277 existing stores (which excludes the 36 looted stores) declined by 6%. On a statutory basis, revenue for the Cashbuild Group was down by 13% on the comparative period. The 11 new stores opened since 1 July 2020 contributed 2% to revenue, whilst the 307 existing stores declined by 15%. Transactions for the Cashbuild Group for the first quarter declined by 25%, with new stores contributing 1% and existing stores declined by 26%. Selling inflation was 10% for the quarter ended September 2021 when compared to the quarter ended September 2020. A revenue performance breakdown, per operating segment is reflected in the following table: Revenue performance Q1 FY2022 versus Q1 FY2021 Operating Segment Percentage of Total New Existing Total Sales % % % Cashbuild South Africa Q1 80 (13) 2 (15) Cashbuild Common Monetary Areas Q1 7 4 6 (2) Cashbuild Other * Q1 5 (1) - (1) P&L Hardware South Africa Q1 8 (27) 1 (28) Total Group Q1 100 (13) 2 (15) *Botswana, Malawi and Zambia During the first quarter the Group added 1 Cashbuild store, refurbished 5 Cashbuild stores and closed 2 looted Cashbuild stores. Since the looting mentioned above, 4 stores (2 Cashbuild and 2 P&L Hardware) have reopened for trading, bringing the total number of stores trading at the end of the first quarter to 288 (318, including the looted stores currently being refitted for reopening). Since the first quarter end, up to the date of this announcement, a further 6 Cashbuild stores have reopened for trading. The majority of the remaining looted stores are planned for opening before the end of the next quarter. A store breakdown by location is reflected in the following table: Number of stores – end of quarter Percentage Total New Looted & Existing of total not trading Cashbuild South Africa 73 231 8 28 195 Cashbuild Common Monetary Areas 6 18 2 - 16 Cashbuild Other * 4 13 - - 13 Cashbuild DIY Pilot stores - 1 - - 1 P&L Hardware South Africa 17 55 1 2 52 Total Group 100 318 11 30 277 *Botswana, Malawi and Zambia The pro forma financial information referred to above is the responsibility of the directors of Cashbuild, has been prepared for illustrative purposes only and because of its nature, may not fairly present the financial position of the Company. In addition, the information contained in this operational update has not been reviewed or reported on by Cashbuild’s auditors. 20 October 2021 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 20-10-2021 05:00:00 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.