Trading Statement

PUTPROP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR  ISIN: ZAE000072310
("Putprop" or "the Company")


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 30 June 2025 has indicated
that:

-   the earnings per share ("EPS") is expected to be between 110.13 cents and 128.49 cents, reflecting an
    increase of between 19.9% and 39.9% compared to the EPS of 91.82 cents for the year ended 30 June
    2024; and

-   the headline earnings per share ("HEPS") is expected to be between 56.21 cents and 65.51 cents,
    reflecting an increase of between 20.8% and 40.8% compared to the HEPS of 46.54 cents for the year
    ended 30 June 2024.

The financial information on which this trading statement is based has not been reviewed or reported on by
Putprop's auditors. The Company's financial results are expected to be released on SENS on or about
3 September 2025.


Johannesburg
27 August 2025

Sponsor
Merchantec Capital

Date: 27-08-2025 10:00:00
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