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 2022 SUMMARISED GROUP FINANCIAL 30 Sep 2022 30 Sep 2021 % change INFORMATION Income statement Revenue R 000 1 203 401 1 060 371 13.5% EBITDA R 000 170 044 142 289 19.5% Operating profit R 000 142 899 115 965 23.2% Profit for the period R 000 103 618 83 304 24.4% Statement of financial position Total assets R 000 1 939 845 1 799 249 7.8% Total liabilities R 000 574 621 599 829 (4.2%) Total shareholders’ funds R 000 1 365 224 1 199 420 13.8% Net asset value per share cents 2 438.0 2 064.7 18.1% Shares in issue At end of period excluding treasury 000 55 298 57 395 (3.7%) shares Weighted average 000 55 684 57 679 (3.5%) Diluted weighted average 000 55 684 57 679 (3.5%) Earnings and dividends per share Basic earnings per share cents 182.7 142.5 28.2% Diluted earnings per share cents 182.7 142.5 28.2% Headline earnings per share cents 181.2 148.1 22.4% Diluted headline earnings per share cents 181.2 148.1 22.4% Dividends per share cents 45.0 0.0 100.0% DIVIDEND DECLARATION The directors of the company have declared and approved an interim gross dividend of 45 cents per share for the six-month period ended 30 September 2022 from income reserves. The following dates will apply to the abovementioned final dividend: Publication of declaration data: Wednesday, 16 November 2022 Last day to trade cum dividend: Tuesday, 17 January 2023 Trading ex-dividend commences: Wednesday, 18 January 2023 Record date: Friday, 20 January 2023 Dividend payment date: Monday, 23 January 2023 Share certificates may not be dematerialised or re-materialised between Wednesday, 18 January 2023 and Friday, 20 January 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 36 cents per share net of dividend tax. The company has 56 107 632 ordinary shares in issue as at 16 November 2022 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, 23 January 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/2022/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 is available for viewing on the company’s website at: https://argent.co.za/wp-content/uploads/2022/11/Interim-Results-Sep-2022.pdf or may be requested in person, at the company’s registered office or the office of the sponsor, at no charge, during office hours. Umhlanga 16 November 2022 Sponsor PSG Capital