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 JSE Limited, 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 that of the previous corresponding period. Accordingly, a review by management of the financial results for the year ended 31 March 2022 by management has indicated that: - the earnings per share (“EPS”) is expected to improve by at least 100% compared to the loss per share of 8.34 cents for the year ended 31 March 2021; and - the headline earnings per share (“HEPS”) is expected to improve by least 100% compared to the headline loss per share of 5.4 cents for the year ended 31 March 2021. A further trading statement will be released on SENS once the Group has a greater degree of certainty with regards to its expected EPS and HEPS figures for the year ended 31 March 2022. The financial information on which this trading statement is based has not been reviewed or reported on by the Group’s auditors. The Group’s financial results are expected to be released on SENS on or about 17 June 2022. Cape Town 30 May 2022 Sponsor Merchantec Capital