Enhanced Investments - Financial Portal

Unaudited Interim Results for the six months ended 31 December 2022

Published: 2023-02-21 08:06:13 ET

SUPER GROUP LIMITED
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)
(REGISTRATION NUMBER: 1943/016107/06)
SHARE CODE: SPG
ISIN: ZAE000161832
LEI: 378900A8FDADE26AD654
DEBT COMPANY CODE: BISGL
("SUPER GROUP" OR "THE GROUP" OR "THE COMPANY")

UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2022

Revenue increased by 34.6% to R29.12 billion (December 2021: R21.64 billion)
EBITDA increased by 24.2% to R4.11 billion (December 2021: R3.31 billion)
Operating profit increased by 26.1% to R2.00 billion (December 2021: R1.59 billion)
Profit before taxation increased by 29.0% to R1.58 billion (December 2021: R1.22 billion)
Earnings per share increased by 31.6% to 250.3 cents (December 2021: 190.2 cents)
Headline earnings per share increased by 30.1% to 248.3 cents (December 2021: 190.9 cents)
Net asset value per share for the period increased by 8.0% to R41.49 (30 June 2022: R38.40)

FINANCIAL RESULTS

The focused execution of a robust sales growth strategy saw Super Group deliver an exceptional financial performance for the six months to December 2022,
with the Group significantly exceeding its pre-covid performance levels.

The outstanding results were supported by strong consumer supply chain and commodity transport performances in Southern Africa, higher average revenues per
load in Europe, and the consolidation of the full six months financial results for LeasePlan in Australia. The improved availability of stock resulted in a
notable increase in new car sales volumes for the Dealerships divisions in both the UK and South Africa.

Rigorous cost management helped mitigate escalating inflation rates, diesel price increases and the Rand volatility. Super Group's technological expertise
remains a key differentiator, enabling it to better anticipate and exploit an ever-changing landscape and to benefit from both improved operational
efficiencies and cost reductions.

The Group's scale, diversification and experience remain the cornerstones of its consistent ability to successfully navigate volatile operating conditions
and the Group expects to deliver positive earnings growth and strong cash generation for the year to June 2023.

New business opportunities, rigorous cost management and operational excellence initiatives will contribute to a satisfactory increase in earnings. The
Group's solid financial position will continue to support the pursuit of strategic growth opportunities, including the acquisition of businesses that
strategically complement and expand its existing offerings.

REGULATORY REQUIREMENTS

The contents of the short form announcement are the responsibility of the Board of Directors of Super Group. The information in the short form announcement
is a summary of the full announcement available on the Company's website https://supergroup.co.za/investor-information/interim-results/ from 21 February
2023 and accordingly does not contain the full or complete details. The full announcement can also be accessed online at
https://senspdf.jse.co.za/documents/2023/JSE/ISSE/SPG/Interim.pdf.

The information in this announcement has been extracted from the Unaudited Interim Results. The Unaudited Interim Results have been prepared under the
supervision of the Chief Financial Officer, Colin Brown, CA(SA), BCompt (Hons), MBL.

The Unaudited Interim Results for the six months ended 31 December 2022 have not been reviewed nor audited by Ernst & Young Inc. (the Auditor).

The classification of lease portfolio assets has been restated in line with how it was reported at 30 June 2022. Refer to note 6 of the full announcement.

Any investment decisions by shareholders/noteholders should be based on the full announcement. The full announcement is also available at the Company's
registered office (for inspection, at no charge, during office hours on any business day) and at the offices of the sponsor, Investec Bank Limited, from 21
February 2023 to 24 February 2023, both days inclusive. Copies of the full announcement may be requested by contacting John Mackay by telephone: +27(0)11
523 4000 or email: john.mackay@supergrp.com.
For and on behalf of the Board

Valentine Chitalu          Peter Mountford
Chairman                   Chief Executive Officer

Sandton                    Registered office
21 February 2023           27 Impala Road, Chislehurston, Sandton, 2196

Equity Sponsor             Debt Sponsor
Investec Bank Limited      Rand Merchant Bank (a division of FirstRand Bank Limited)

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.