Consolidated group Non-cash impact of assessed at hyperinflation EBITDA reported of Ford investment B-BBEE Level 1 accounting (IAS29) R300 million for the group and South African for Mutlu Akü in (R743 million approved with subsidiaries at Türkiye significantly on a normalised basis ) # 4 400 jobs created Level 4 or better impacted results CONDENSED UNAUDITED SEGMENTAL CONTRIBUTION REVENUE (MILLION) EBITDA (MILLION) HEPS (Cents) including equity earnings CONSOLIDATED INTERIM RESULTS REVENUE (%)* 12 621 354 FOR THE SIX MONTHS ENDED 1 409 30 JUNE 2022 42% Energy storage Automotive 5 934 5 822 701 743 170 152 300 45 components* 58% * Includes Hesto 2021 FY 2021 H1 2022 H1 2021 FY 2021 H1 2022 H1 2022 H1 2021 FY 2021 H1 2022 H1 2022 H1 Normalised# Normalised# # Normalised metrics represent management’s view of core earnings, METAIR INVESTMENTS LIMITED after eliminating once-off items and the non-cash impact of (Incorporated in the Republic of South Africa) (Reg No. 1948/031013/06) hyperinflation accounting (“Metair” or “the group” or “the company”) Share code: MTA • ISIN code: ZAE000090692 Shareholders are advised to refer to the full interim results announcement (which may be accessed via the links provided below) for commentary in respect of the results for the six months ended 30 June 2022. Six months ended Year-ended HIGHLIGHTS 30 June 30 June 31 December 2022 2021 2021 HEADLINE NORMALISED Unaudited Unaudited Audited Change EARNINGS HEADLINE Return to R’000 R’000 R’000 % PER SHARE EARNINGS production decreased PER SHARE# only of our major Revenue 5 821 975 5 934 173 12 621 070 (2) 74% to decreased 11% customer Operating profit 144 379 544 821 1 159 039 (73) following the EBITDA before impairment 300 379 701 149 1 409 157 (57) 45 cents to 152 cents Durban floods per share per share Headline earnings per share (cents) 45 170 354 (74) Earnings per share (cents) 41 170 350 (76) INVESTOR AND ANALYST AUDIO WEBCAST No. of shares in issue (’000) 198 986 198 986 198 986 – of the presentation will be broadcast today, Net asset value per share (cents) 2 536 2 023 1 946 25 15 September 2022 Cash (utilised)/generated from https://www.corpcam.com/Metair15092022 operations (359 695) 273 134 648 930 (232) NO DIVIDEND IS BEING DECLARED FOR THE SIX MONTHS ENDED 30 JUNE 2022 (30 JUNE 2021: NIL). ADDITIONAL INFORMATION This short-form announcement is the responsibility of the directors and is only a summary of the information in the full announcement and does not contain full or complete details. Shareholders are advised that the forecast financial information contained in this announcement has not been reviewed or reported on by the company’s auditors and is the responsibility of the directors of the company. Any investment decisions by investors and/or shareholders should be based on the full announcement that has been published on SENS today, 15 September 2022 https://senspdf.jse.co.za/documents/2022/JSE/ISSE/MTA/interim22.pdf and is also available on our website: https://www.metair.co.za/wp-content/uploads/2022/09/Metair-Interims-Sept-2022-WEB.pdf. An investor and analyst webcast of the interim results presentation will be broadcast on Thursday, 15 September 2022 at 11:00 (SAST), which presentation will be available on the company’s website: https://www.metair.co.za/wp-content/uploads/2022/09/Interim-2022-Presentation.pdf. Investors and analysts are advised to utilise the following link to gain access to the webinar: https://www.corpcam.com/Metair15092022. The full announcement is also available at our registered office and our sponsor’s office for inspection, at no charge, during office hours. Registrars Sponsor Investor relations Computershare Investor Services (Pty) Limited One Capital Instinctif Partners Rosebank Towers, 15 Biermann Avenue, Rosebank, 2196 17 Fricker Road, Illovo, 2196 15 September 2022 EXECUTIVE DIRECTORS: R Haffejee (CEO); S Douwenga (CFO) INDEPENDENT NON-EXECUTIVE DIRECTORS: CMD Flemming (Chairman); TN Mgoduso (Lead Independent); P Giliam; B Mathews; B Mawasha; N Mkhondo; MH Muell (German); A Sithebe; S Sithole (Alternate director to N Mkhondo) COMPANY SECRETARY: SM Vermaak