EOH HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/014669/06)
JSE share code: EOH ISIN: ZAE000071072
("EOH" or "the Group")

SHORT-FORM ANNOUNCEMENT: UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FOR THE SIX MONTHS ENDED 31 JANUARY 2023

Salient features
- EOH generated an operating profit of R110 million from continuing operations for the six months ended 31 January 2023
  ("HY2023") (HY2022: R162 million) following an operating profit from continuing operations of R100 million for the
  full year ended 31 July 2022 ("FY2022").
- A total loss per share ("LPS") from continuing and discontinued operations of 3 cents (HY2022 (restated):
  8 cents earnings per share ("EPS")) compared to total LPS for FY2022 (remeasured) of 9 cents.
- A total LPS from continuing operations of 14 cents, (HY2022 (restated): EPS of 14 cents per share)
  compared to total LPS for FY2022 (remeasured) of 62 cents.
- A reduction in debt to R1.2 billion as at 31 January 2023 with a further reduction to R673 million post half-year
  end with the application of the capital raise proceeds to settle the majority of the bridge loan.


                                   Continuing operations                                      Total operations
                         HY2023           HY2022             FY2022              HY2023            HY2022             FY2022
                       Reported         Restated*        Remeasured^           Reported          Restated*        Remeasured^
Revenue
(R million)               3 215            2 980             6 031               3 244              3 511                 6 931
(LPS)/EPS
(cents per share)           (14)              14               (62)                 (3)                 8                    (9)
(Headline LPS)/
Headline EPS
(cents per share)           (13)              14               (45)                (17)                25                   (11)
Weighted
average shares
outstanding used in
calculation '000        271 374          271 374            271 374             271 374           271 374            271 374
Adjusted EBITDA
(R million)                 181              278               364                 171                339                   504

* During February 2023 (subsequent to HY2023), 384,615,384 rights issue shares were issued at R1.30 per rights offer share.
  Such shares were issued in the ratio of 227 rights offer shares for every 100 EOH ordinary shares held at the close of
  trade on 27 January 2023. As the rights issue price per share (R1.30) was below the fair value of the shares on the
  effective date (R2.90), a bonus element is inherent in the rights offer. This is determined as the fair value per share
  before the exercise of rights as a proportion of the theoretical ex-rights value per share and has been taken into account
  as an adjustment when restating earnings/loss per share and headline earnings/loss per share for the current and prior
  period. HY2023 reported numbers above are therefore after incorporating the bonus element of shares of 102,619,561.
  The HY2022 has also been restated by the same bonus element of shares of 102,619,561 as required by International Financial
  Reporting Standards ("IFRS").

^ FY2022 numbers have been remeasured using the same weighted average shares outstanding as was used in the
  reported HY2023 and restated HY2022 numbers, to ensure comparability.

The presentation of the Group's interim results hosted by the Group Chief Executive Officer Stephen van Coller and
Group Chief Financial Officer Megan Pydigadu may be viewed via a webinar at 11h00 on 5 April 2023 by clicking the
following link: https://us02web.zoom.us/webinar/register/WN_OW3oR4fHSlCPzMTHOdEyLw

Shareholders are advised that EOH's unaudited interim financial statements for the six months ended 31 January 2023 are
available on the Company's website at: https://www.eoh.co.za/investor-relations/eoh-financial-results/.

This short-form announcement is the responsibility of the directors of EOH. This short-form announcement is only a
summary of the information contained in the full announcement and does not contain full or complete details.

This short-form announcement has not been audited or reviewed by the Company's external auditors. Any investment decisions
by investors and/or shareholders should be based on a consideration of the full announcement published on SENS and EOH's
website as a whole. The full announcement is available on EOH's website at: https://www.eoh.co.za/investor-relations/sens/
and is also available on the JSE website at: https://senspdf.jse.co.za/documents/2023/JSE/isse/EOH/HY2023.pdf

Copies of the full announcement may be requested from ir@eoh.com or the sponsor, Java Capital, at
sponsor@javacapital.co.za.

5 April 2023

Sponsor
Java Capital