Further Trading Statement for the year ended 31 May 2025

Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
("the Company")

Further trading statement for the year ended 31 May 2025

Shareholders are referred to the initial trading statement released on SENS on 7 August 2025 wherein
shareholders were advised that a reasonable degree of certainty existed that basic, headline and core
headline earnings per share for the year ended 31 May 2025 ("reporting period") would increase by more
than 20% in comparison to the year ended 31 May 2024 ("comparative year").

Consistent with the guidance previously provided, the Board is now satisfied that a reasonable degree of
certainty exists that the Company's ranges anticipated against the comparative year will increase as
outlined in the table below:


                                                                 Range       Net Increase
                                            May 2024          May 2025           May 2025     Percentage
                                     cents per share   cents per share    cents per share       Increase
Earnings per share                             72.49   275.07 – 277.97    202.58 – 205.48    279% – 283%
Headline earnings per share                    73.64   454.49 – 457.44    380.85 – 383.80    517% – 521%
Core headline earnings per share               76.08   460.11 – 463.15    384.03 – 387.07    505% – 509%


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

The Company's financial results for the reporting period will be released on SENS on 27 August 2025.


Sandton
21 August 2025

Sponsor: Investec Bank Limited

Date: 21-08-2025 08:11:00
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