Novus Holdings Limited Incorporated in the Republic of South Africa (Registration number 2008/011165/06) JSE share code: NVS ISIN: ZAE000202149 (“the Group”) INITIAL TRADING STATEMENT In terms of the Listings Requirements of the JSE 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 will differ by more than 20% from the previous corresponding period. Accordingly, a review of the financial results for the six-month period ended 30 September 2023 by management has indicated that the earnings per share (“EPS”) and headline earnings per share (“HEPS”) are expected to increase by at least 500% compared to the EPS and HEPS of 2.60 cents and 2.89 cents, respectively, for the six-month period ended 30 September 2022. A further trading statement will be released once the Company has a greater degree of certainty with regards to its financial results for the six-month period ended 30 September 2023. The financial information on which this announcement is based has not been reviewed or reported on by the Group’s external auditors. Cape Town 9 November 2023 Sponsor Merchantec Capital