SBN Holdings Limited (“SBN Holdings” or “the Group”) Registration No. 2006/306 Registered in Namibia Bond Codes: SBN02: ZAG000178419 SBN03: ZAG000178427 TRADING STATEMENT IN RESPECT OF THE SIX MONTHS ENDED 30 JUNE 2023 SBN Holdings would like to report to noteholders that profit after tax for the period ended 30 June 2023 is expected to be higher, by between 47% and 57%, than what was reported for the comparative period. Therefore, earnings per share and headline earnings per share for the period ended 30 June 2023 are expected to be materially higher, by between 47% and 57%, than what was reported for the comparative period. Results will be released on or about the 17th of August 2023. By order of the board Nelson Lucas Acting Chief Executive 14 August 2023 Registered Office 1 Chasie Street, Windhoek, Namibia BOARD OF DIRECTORS: HERBERT MAIER (CHAIRMAN) NATASHA BASSINGTHWAIGHTE SILKE HORNUNG JOSEPHAT MWATOTELE GERALD RIEDEL BIRGIT ROSSOUW PETER SCHLEBUSCH ASHLEY TJIPITUA ISAC TJOMBONDE Debt Sponsor The Standard Bank of South Africa Limited