ARGENT INDUSTRIAL LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1993/002054/06) Share code: ART ISIN: ZAE000019188 (“Argent” or “the company”) UNAUDITED AND UNREVIEWED INTERIM CONSOLIDATED RESULTS AND DIVIDEND DECLARATION FOR THE 6 MONTHS ENDED 30 SEPTEMBER 2023 SUMMARISED GROUP FINANCIAL 30 Sep 2023 30 Sep 2022 % change INFORMATION Income statement Revenue R 000 1,307,477 1,203,401 8.6% EBITDA R 000 199,065 170,044 17.1% Operating profit R 000 172,540 142,899 20.7% Profit for the period R 000 129,603 103,618 25.1% Statement of financial position Total assets R 000 2,291,832 1,939,845 18.1% Total liabilities R 000 671,398 574,621 16.8% Total shareholders’ funds R 000 1,620,434 1,365,224 18.7% Net asset value per share cents 2,879.2 2,438.0 18.1% Shares in issue At end of period excluding treasury 000 55,420 55,298 0.2% shares Weighted average 000 55,571 55,684 -0.2% Diluted weighted average 000 55,571 55,684 -0.2% Earnings and dividends per share Basic earnings per share cents 224.2 182.7 22.7% Diluted earnings per share cents 224.2 182.7 22.7% Headline earnings per share cents 222.7 181.2 22.9% Diluted headline earnings per share cents 222.7 181.2 22.9% Dividends per share cents 55.0 45.0 22.2% DIVIDEND DECLARATION The directors of the company have declared and approved an interim gross dividend of 55 cents per share for the six-month period ended 30 September 2023 from income reserves. The following dates will apply to the abovementioned interim dividend: Publication of declaration data: Tuesday, 21 November 2023 Last day to trade cum dividend: Monday, 11 December 2023 Trading ex-dividend commences: Tuesday, 12 December 2023 Record date: Thursday, 14 December 2023 Dividend payment date: Monday, 18 December 2023 Share certificates may not be dematerialised or re-materialised between Tuesday, 12 December 2023 and Thursday, 14 December 2023, both days inclusive. In determining the dividends tax of 20% to be withheld in terms of the Income Tax Act (No 58 of 1962), those shareholders who are not exempt from the dividend tax will therefore receive a dividend of 44 cents per share net of dividend tax. The company has 55 420 340 ordinary shares in issue as at 21 November 2023 and its income tax reference number is 9096/002/71/3. Ordinary shareholders who hold dematerialised shares will have their accounts at their CSDP or broker credited/updated on Monday, 18 December 2023. SHORT FORM ANNOUNCEMENT This short-form announcement is the responsibility of the directors of the company. It contains only a summary of the information in the full announcement (“Full Announcement”) and does not contain full or complete details. The Full Announcement can be found at: https://senspdf.jse.co.za/documents/2023/JSE/ISSE/ART/INTERIMS.pdf Any investment decisions by investors and/or shareholders should be based on consideration of the Full Announcement, as a whole. Copies of the full announcement are available for viewing on the company’s website at: https://argent.co.za/wp-content/uploads/2023/11/Interim-Results-Sep-2023.pdf. Umhlanga 21 November 2023 Sponsor PSG Capital