CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028320 (“Cashbuild” or “the Group”) FIRST QUARTER OPERATIONAL UPDATE – FY 2023 Cashbuild herewith provides its voluntary quarterly operational update for the first quarter of the 2023 financial year (“first quarter”). Revenue for the Cashbuild Group was down 4% on the first quarter of the prior financial year (“the comparative quarter”), with the four new stores opened since 1 July 2021 contributing 1%, whilst the 310 existing stores decreased by 5%. Transactions for the Cashbuild Group decreased by 7%, new stores contributed a 1% increase while existing stores decreased by 8% for the first quarter. Selling inflation was 4.8% for the first quarter when compared to the comparative quarter. The revenue performance breakdown per operating segment is reflected in the following table: Revenue performance 1st Quarter FY2023 versus 1st Quarter FY2022 Operating Segment Percentage of Total New Existing Total Sales Growth Growth Growth % % % Cashbuild South Africa Q1 81 (2) 1 (3) Cashbuild Common Monetary Areas Q1 6 (9) - (9) Cashbuild Other * Q1 5 (7) - (7) P&L Hardware South Africa Q1 8 (11) - (11) Total Group Q1 100 (4) 1 (5) *Botswana and Malawi During the first quarter the Group closed four Cashbuild stores being two Cashbuild Zambia stores as previously reported, one Cashbuild store which was looted in the prior year and one Cashbuild store at the expiration of its lease agreement bringing the total number of stores trading at the end of the quarter to 314. A store breakdown by location is reflected in the following table: Number of stores – end of quarter Percentage Total New Existing of total Cashbuild South Africa 73 230 4 226 Cashbuild Common Monetary Areas 6 18 - 18 Cashbuild Other * 4 11 - 11 Cashbuild DIY Pilot stores - 1 - 1 P&L Hardware South Africa 17 54 - 54 Total Group 100 314 4 310 *Botswana and Malawi The information contained in this operational update has not been reviewed or reported on by Cashbuild’s auditors. 18 October 2022 Sponsor Nedbank Corporate and Investment Banking, a division of Nedbank Limited