Trading Statement CHOPPIES ENTERPRISES LIMITED (Incorporated in the Republic of Botswana) Registration number: BW00001142508 JSE SHARE CODE: CHP BSE SHARE CODE: CHOPPIES ISIN: BW0000001072 (“Choppies” or “the Company”) TRADING STATEMENT In terms of the Listings Requirements of the Botswana Stock Exchange (“BSE”) and the Johannesburg Stock Exchange Limited (“JSE”), companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by more than 10% (in the case of the BSE) or more than 20% (in the case of the JSE) from the financial results reported for the previous corresponding period. Choppies is currently finalising its financial results for the 6 months ended 31 December 2021 (“HY2022”) and expects the HY2022 financial results to fall within the following ranges:- HY2022 HY2022 HY2021 Expected As reported range (BWP (BWP Millions) Expected increase Millions) (%) Profit before tax - continuing operations 36% - 56% 121 - 139 89 Profit after tax - continuing & discontinued operations 174% - 194% 104 - 112 38 The HY2022 financial results to fall within the following thebe per share ranges: - HY 2022 HY2022 HY2021 Expected increase Expected As reported (%) range (thebe per (thebe per share) share) Basic earnings per share – total operations 133% - 152% 7.7 - 8.3 3.3 Continuing operations 50% - 70% 7.5 - 8.5 5.0 Headline Earnings per share – total operations 83% - 102% 7.7 - 8.5 4.2 Continuing operations 60% - 79% 7.7 - 8.6 4.8 The estimated financial information on which this trading statement is based has not been reviewed nor reported on by the Company’s external auditors. Accordingly, shareholders are advised to exercise caution when trading in the Company’s securities until such time as the actual results are released. The Company expects to release its HY2022 financial results on or about 23rd February 2022. The Company’s primary listing is on the BSE and its secondary listing is on the JSE. By order of the Board 14th February 2022 BSEL Sponsoring Broker JSE Sponsor Stockbrokers Botswana Limited PSG Capital Date: 14-02-2022 11:00:00 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.