Barloworld Limited (Incorporated in the Republic of South Africa) (Registration number 1918/000095/06) (Income tax registration number 9000/051/71/5) (Share code: BAW) (JSE ISIN: ZAE000026639) (Share code: BAWP) (JSE ISIN: ZAE000026647) (Bond issuer code: BIBAW) ("Barloworld" or the "company" or the "group") Short form announcement Interim results for the six months ended 31 March 2023 Financial performance - Basic earnings per share increased to 711.3 cents (1H22: 31.6 cents loss) - Headline earnings per share ("HEPS") decreased by 42.4 cents or 5.6% to 713.2 cents (1H22: 755.6 cents) - HEPS from continuing operations improved by 29.4% to 578.1 cents (1H22: 446.8 cents) - Revenue from continuing operations of R20.8 billion increased by 12.9% - Operating profit from core trading activities increased by 16.5% to R2.1 billion from R1.8 billion in 1H22 - Operating profit margin increased to 10.1% - Enhanced group ROIC of 14.3% (1H22: 14.1%) - Ordinary dividend of 200 cents per share (cps) (1H22: 165 cps) Dividend declaration Notice is hereby given that interim dividend number 187 of 200 cents per ordinary share in respect of the six months ended 31 March 2023 has been declared subject to the applicable dividends tax levied in terms of the Income Tax Act, 58 of 1962 (as amended) (the "Income Tax Act") as follows: Dividend Gross amount Withholding tax Net amount Ordinary 200 cents per share 20% 160 cents per share In accordance with the Listings Requirements of the JSE Limited ("JSE") the following additional information is disclosed: - The dividend has been declared out of income reserves - The company's income tax number is IT 9000051715 - Local dividends tax rate is 20% (twenty per cent) - Barloworld has 189 485 937 ordinary shares in issue In compliance with the requirements of Strate and the JSE, the following dates are applicable to the dividend: Dividend declared Monday, 22 May 2023 Last day to trade cum dividend Tuesday, 20 June 2023 Ordinary shares trade ex-dividend Wednesday, 21 June 2023 Record date Friday, 23 June 2023 Payment date Monday, 26 June 2023 Share certificates may not be dematerialised or rematerialised between Wednesday, 21 June 2023 and Friday, 23 June 2023, both days inclusive. Short form announcement This short form announcement is the responsibility of the board of directors of Barloworld and is a summarised version of the full announcement in respect of the six months ended 31 March 2023 of Barloworld and its subsidiaries (collectively "the group") and as such, it does not contain full or complete details pertaining to the group's interim results. Any investment decisions should be made based on the full announcement. The interim results for the six months ended 31 March 2023, have been reviewed by the company's auditors, who have expressed an unmodified review conclusion. The auditors review opinion is included in the full announcement. The full announcement can be accessed on the group's website at: https://www.barloworld.com/investors/interim-results-presentations/ and on the JSE's website at: https://senspdf.jse.co.za/documents/2023/jse/isse/BAWE/ie2023.pdf Copies of the full announcement can be requested from the registered office by contacting the company secretary on +27 11 445 1000. DIRECTORS Non-executive NN Gwagwa (Chairman), N Chiaranda^, HH Hickey, NP Mnxasana, NV Mokhesi, H Molotsi, V Nkonyeni, B Odunewu* P Schmid Executive DM Sewela (Group Chief Executive), N Lila (Group Finance Director) * Nigeria ^Italy Group company secretary Nomini Rapoo Sandton 22 May 2023 Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Enquiries: Nwabisa Piki Group Investor Relations Tel: +27 64 880 6872 E-mail: nwabisap@barloworld.com About Barloworld Barloworld is positioned as an industrial processing, distribution and services company with two primary areas of focus: Industrial Equipment and Services and Consumer Industries (food and ingredient solutions). Our provision of Industrial Equipment and related services, offers earthmoving equipment, industrial services and power systems, which enable the operation and maintenance of a large array of mining, construction and power solutions for our customers, with whom we have built enduring relationships based on mutual trust. Through our Consumer Industries business, Ingrain, we provide large enterprises with the ingredients essential to the manufacturing of a range of products including food and beverages, paper, pharmaceuticals, building materials and adhesives, among others.