ADvTECH : Trading statement for six months ended 30 June 2022

ADvTECH Limited

(Incorporated in the Republic of South Africa) (Registration number 1990/001119/06) Share code: ADH ISIN: ZAE000031035 ("ADvTECH" or "the group")

TRADING STATEMENT FOR SIX MONTHS ENDED 30 JUNE 2022

In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited, an issuer is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next reporting period will show a 20% or more difference from that of the previous corresponding period.

The group reports normalised earnings per share ("NEPS") as a way of excluding the effect of one-off transactions and corporate action costs from its results.

NEPS for the six months ended 30 June 2022 is expected to be between 19% and 24% higher than the comparative reporting period for the six months ended 30 June 2021 ("the comparative period") or between 65.6 and 68.3 cents per share as compared to 55.1 cents per share (restated from 54.6 cents per share) in the comparative period.

Headline earnings per share is expected to be between 20% and 25% higher than the comparative period or between 66.1 and 68.9 cents per share as compared to 55.1 cents per share (restated from 54.6 cents per share) in the comparative period.

Earnings per share ("EPS") for the six months ended 30 June 2022 is expected to be between 16% and 21% higher than the comparative period or between 66.7 and 69.6 cents per share as compared to 57.5 cents per share (restated from 56.9 cents per share) for the comparative period.

As disclosed in the annual financial statements for the year ended 31 December 2021, shares held by the management share incentive scheme were reclassified as treasury shares. This resulted in a restatement of the weighted average number of shares in the comparative period. There were no changes to the earnings for the comparative period.

Based on the previously published NEPS of 54.6 cents per share for the comparative period, ADvTECH expects an increase of between 20% and 25% in NEPS. Based on the previously published HEPS of 54.6 cents per share for the comparative period, ADvTECH expects an increase of between 21% and 26% in

HEPS. Based on the previously published EPS of 56.9 cents per share for the comparative period, ADvTECH expects an increase of between 17% and 22% in EPS.

The financial information on which this trading update is based has not been reviewed or audited by the group's external auditors.

ADvTECH expects to release results for the six months ended 30 June 2022 on the JSE's Stock Exchange News Service on or about Monday, 29 August 2022.

11 August 2022

Johannesburg

Sponsor: Bridge Capital Advisors Proprietary Limited