Slide 1: F2026 Spur Corp Results
F2026 Spur Corp Results 20 August 2026 SPUR CORP F26 AUGUST 2026
Slide 2: The Year at a Glance (pre GPS provision)
The Year at a Glance (pre GPS provision) Revenue 8.5% Group restaurant sales: 6.9% R12.3 bn Profit before tax 12.8% Earnings per share 11.6% Final dividend: 206 cents# Headline earnings per share 8.9% Total Cash generated from operations R488.6m dividend: 326 cents# Return on equity 22.6% #Per share
Slide 3: The Year at a Glance (GPS provision impact)
The Year at a Glance (GPS provision impact) Revenue 8.5% Group restaurant sales: 6.9% R12.3 bn Profit before tax 19.4% 12.8%^ Earnings per share 10.5% 11.6%^ Final dividend: 206 cents# Headline earnings per share 38.8% 8.9% ^ Total Cash generated from operations R488.6m dividend: 326 cents# Return o
Slide 4: Agenda
Agenda 2 Trading Overview Financial & Segmental Review 3 4 The Way Forward Q&A SPUR CORP F26 AUGUST 2026
Slide 5: Greater Good Journey
Greater Good Journey A six year perspective SPUR CORP SPUR CORPF26F26 AUGUST 2026 2026 AUGUST
Slide 6: Leading for the Greater Good
Memorable experiences Purpose that delight Our customers are our family Craveable food thru Leading for the Greater Good: distinctive tastes Everyone has a place at the table Personalized CX Innovative and purposeful We envision our business as a means of connections that brands that lead creating a
Slide 7: Value creation for next growth cycle
Value creation for next growth Purpose introduced Journey adoption Transformation acceleration Network integration Building a sustainable future cycle 2026 2025 R43.10 Value Creation 2024 32.90 Sustainable Future R34.00 Transformation R 2023 Indicates SPUR share price each financial year Integration
Slide 8: Leading for the Greater Good becomes our
Value creation for next growth Purpose introduced Journey adoption Transformation acceleration Network integration Building a sustainable future cycle 2026 2025 R43.10 Value Creation 2024 32.90 Sustainable Future R34.00 Transformation R 2023 Indicates SPUR share price each financial year Integration
Slide 9: Deliberate Transformation Impact plus
Value creation for next growth Purpose introduced Journey adoption Transformation acceleration Network integration Building a sustainable future cycle 2026 2025 R43.10 Value Creation 2024 32.90 Sustainable Future R34.00 Transformation R 2023 Indicates SPUR share price each financial year Integration
Slide 10: Spur Group CAGR Restaurant Turnover: 15.2%
Value creation for next growth Purpose introduced Journey adoption Transformation acceleration Network integration Building a sustainable future cycle 2026 2025 R43.10 Value Creation 2024 32.90 Sustainable Future R34.00 Transformation R 2023 Indicates SPUR share price each financial year Integration
Slide 11: Spur Foundation Impact
Spur Foundation Impact 60 1668 3748 ECD Teachers Children on Girl students trained. Total: 257 Coding Future receive Programme* sanitaryware 4038 925 ECD children Survival fed daily* Swimming Lessons* *R1 SPURcontribution by customers and franchisees on selected menu items/top ups CORP F26 AUGUST 20
Slide 12: Endeavour to impact environmental sustainability continues
Endeavour to impact environmental sustainability continues • Restaurant Go Reports • Green Feather Awards • ES monitoring now digital 53% Reduction in usage and aim to be off the grid soon Company Décor and warehouse facility SPUR CORP F26 AUGUST 2026
Slide 13: Trading Overview
Trading Overview SPUR CORP SPUR CORPF26F26 AUGUST 2026 2026 AUGUST
Slide 14: The tale of two halves
The tale of two halves F26 F26 H1 H2 SPUR CORP F26 AUGUST 2026
Slide 15: Our brands
VK’s CASUAL DINING & VIRTUAL KITCHEN SPECIALITY FAST CASUAL SPUR CORP F26 AUGUST 2026 Our brands
Slide 16: Restaurant Count: Brand
RESTAURANT COUNT: BRAND South Brand International Total Africa Restaurant count by Brand 11% Spur 326 32 358 Panarottis 102 55 157 15% John Dory’s 39 1 40 RocoMamas* 92 23 115 48% Speciality brands 80 1 81 5% Hussar Grill 28 - 28 Casa Bella 7 - 7 21% Doppio Zero 37 1 38 Piza e Vino 6 - 6 Spur Panaro
Slide 17: Restaurant Count: Countries
RESTAURANT COUNT: COUNTRIES 751 Restaurants 15 8 2 Nigeria Kenya Ghana 3 DRC 2 24 Tanzania Zambia 9 19 Zimbabwe Mauritius 112 10 2 Namibia 9 Lesotho 1 Botswana 8 International Australia 639 Eswatini South Africa SPUR CORP F26 AUGUST 2026
Slide 18: Number of Restaurants
NUMBER OF RESTAURANTS Restaurant Restaurant New count count Closed Disposed Revamps Relocations restaurants 30 June 2026 30 June 2025 Spur 326 316 11 2 - 34 3 Panarottis 102 92 12 2 - 13 2 John Dory's 39 44 2 7 - 2 - RocoMamas 92 88 5 1 - 8 1 Speciality brands 80 79 11 3 7 7 - Hussar Grill 28 26 2 -
Slide 19: Segmental Overview
SEGMENTAL OVERVIEW % of group revenue % change in revenue % change in profit % margin % margin F2026 F2026 vs F2025 F2026 vs F2025 F2026 F2025 Franchise 12.7 6.0 6.5 81.8 82.2 Spur 8.4 5.5 6.0 87.8 87.0 Panarottis 1.3 16.0 19.5 74.5 70.4 John Dory’s 0.4 (17.4) (23.3) 49.6 56.6 RocoMamas 1.2 5.8 7.5
Slide 20: Revamps and Relocations
Revamps and Relocations Franchisee investment in over 90 restaurants SPUR CORP SPUR CORPF26F26 AUGUST 2026 2026 AUGUST
Slide 21: Copper Ridge Spur, Phalaborwa, Limpopo
Copper Ridge Spur, Phalaborwa, Limpopo SPUR CORP F26 AUGUST 2026
Slide 22: Clearwater Spur, Amanzimtoti, KZN
Clearwater Spur, Amanzimtoti, KZN SPUR CORP F26 AUGUST 2026
Slide 23: Coyote Canyon Spur, Westville, KZN
Coyote Canyon Spur, Westville, KZN SPUR CORP F26 AUGUST 2026
Slide 24: Spur San Pedro, Randfontein, Gauteng
Spur San Pedro, Randfontein, Gauteng SPUR CORP F26 AUGUST 2026
Slide 25: Red Mountain Spur, Paarl, Western Cape
Red Mountain Spur, Paarl, Western Cape SPUR CORP F26 AUGUST 2026
Slide 26: Falcon Arrow Spur, Southgate, Gauteng
Falcon Arrow Spur, Southgate, Gauteng SPUR CORP F26 AUGUST 2026
Slide 27: Grey Owl Spur, Centurion, Gauteng
Grey Owl Spur, Centurion, Gauteng SPUR CORP F26 AUGUST 2026
Slide 28: Liberty Midlands Mall, Pietermaritzburg, KZN
Liberty Midlands Mall, Pietermaritzburg, KZN SPUR CORP F26 AUGUST 2026
Slide 29: South African Foodservice Market
South African Foodservice Market Our estimated market share 15-16% SPUR CORP F26 AUGUST 2026 Source: Euromonitor
Slide 30: Restaurants: South Africa
RESTAURANTS: South Africa F2026 F2025 Turnover Turnover Brand No. of outlets No. of outlets % change R’000 R’000 Spur 7 029 411 326 6 644 285 316 5.8 Panarottis 1 212 850 102 1 043 044 92 16.3 John Dory’s 374 832 39 422 156 44 (11.2) RocoMamas 1 053 722 92 979 226 88 7.6 Speciality brands 1 390 544
Slide 31: F21-F26 Group Turnover Monthly Trend line
F21-F26 | Group Turnover Monthly Trend line “march and march” Customer Counts show gradual Solid start to the 30 June 2026 increases as promotional new fiscal (6 restaurants closed and activity is amplified subdued footfall in some areas) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun F21 F22 F23 F
Slide 32: Customer Count
Customer Count RocoMamas also 84% of Panarottis’ Customer Count 92 RocoMamas in SA and 23 in the rest of Africa SPUR CORP F26 AUGUST 2026
Slide 33: Clearwater Mall, Roodepoort, Gauteng
Clearwater Mall, Roodepoort, Gauteng SPUR CORP F26 AUGUST 2026
Slide 34: Fourways Mall, Gauteng
Fourways Mall, Gauteng SPUR CORP F26 AUGUST 2026
Slide 35: Hartbeespoort, North West Province
Hartbeespoort, North West Province SPUR CORP F26 AUGUST 2026
Slide 36: Lenasia, Johannesburg, Gauteng
Lenasia, Johannesburg, Gauteng SPUR CORP F26 AUGUST 2026
Slide 37: R1b restaurant sales
New turnover milestone R1b restaurant sales SPUR CORP F26 AUGUST 2026 South Africa Restaurant Turnover
Slide 38: Restaurants: International F2026
RESTAURANTS: International F2026 F2025 Turnover No. of Turnover No. of % Location R’000 outlets R’000 outlets % change change* Australia 21 474 1 29 034 1 (26.0) (24.1) India - - 5 170 - - - 9 week down time for Apache Mauritius 250 490 19 252 871 18 (0.9) 7.2 Spur Revamp in Mauritius Middle East -
Slide 39: Restaurants: International F2026
RESTAURANTS: International F2026 F2025 Turnover No. of Turnover No. of % Location R’000 outlets R’000 outlets % change change* Australia 21 474 1 29 034 1 (26.0) (24.1) Top 6 Markets (ZAR) India - - 5 170 - - - 1. Mauritius 2. Namibia 93. week down time for Zimbabwe Mauritius 250 490 19 252 871 18 (
Slide 40: Apache Spur, Bagatelle, Mauritius
Apache Spur, Bagatelle, Mauritius SPUR CORP F26 AUGUST 2026 Revamp
Slide 41: Mowana Park Mall, Gaberone, Botswana
Mowana Park Mall, Gaberone, Botswana SPUR CORP F26 AUGUST 2026 New
Slide 42: Mazabuka, Choma, Zambia
Mazabuka, Choma, Zambia SPUR CORP F26 AUGUST 2026 Relocation
Slide 43: Galleria Mall, Nairobi, Kenya
Galleria Mall, Nairobi,Kenya SPUR CORP F26 AUGUST 2026 Relocation
Slide 44: Group Total Turnover
GROUP TOTAL TURNOVER System Wide Sales Like-on-like Franchised restaurant turnover F2026 vs F2026 vs % change F2025 F2025 Spur 5.8 3.8 Panarottis 16.3 10.6 John Dory’s (11.2) (4.2) RocoMamas H1 was (1.3% ) RocoMamas 7.6 0.6 impacted by beef price hike Speciality brandsꟸ 8.0 4.1 ꟸ Nikos excluded from
Slide 45: Group Restaurant Turnover: Regional growth & contribution
Group Restaurant Turnover: Regional growth & contribution Growth 5.09% Eastern 6.65% Cape 5% Western Cape 22% KwaZulu- % Contribution Natal 15% Gauteng 58% 4.21% 7.43% SPUR CORP F26 AUGUST 2026
Slide 46: Breakfast gains for the group
Breakfast gains for the group 8% Breakfast sales up SPUR CORP F26 AUGUST 2026
Slide 47: Coffee Innovation & Barista Academy in training
Coffee Innovation & Barista Academy in training Brands increase coffee and breakfast customer touch points. Breakfast and snacking moments amplified SPUR CORP F26 AUGUST 2026
Slide 48: Group Day Part % Contribution F26
Group Day Part Breakfast 8,02% Growth 11% Dinner 38% 6,57% Growth % Contribution F26 6,79% Growth 51% Lunch SPUR CORP F26 AUGUST 2026
Slide 49: Regular Diners: Canan Moodie, RG Snyman and Makazole Mapimpi
Regular Diners: Canan Moodie, RG Snyman and Makazole Mapimpi SPUR CORP F26 AUGUST 2026
Slide 50: Proud Sponsors of the Springboks
Proud Sponsors of the Springboks We hosted 80 Springboks at Emerald Creek Spur in Bryanston. It was an honour to cook for the Springboks and spoil them with their favourite Spur meal. Siya Kolisi with Springbok|Spur fans SPUR CORP F26 AUGUST 2026
Slide 51: Group Off Premise Turnover
Group Off Premise Turnover 12% Off Premise 8% Breakfast sales up Sit Down 88% VK Brands +6.4% on PY SPUR CORP F26 AUGUST 2026 *SA Off Premise: Call, Click and Collect
Slide 52: Panarottis celebrated in South Africa
100th Panarottis celebrated in South Africa (Now 102 in SA and 55 Panarottis in the rest of Africa)
Slide 53: Empangeni, KZN
Empangeni, KZN SPUR CORP F26 AUGUST 2026 New Prince Buthelezi Mall
Slide 54: Big on Pizza, Bigger on Friendship
Big on Pizza, Bigger on Friendship SPUR CORP F26 AUGUST 2026
Slide 55: Panarottis
Continued growth PANAROTTIS +10.6% 157 LOL up. Stores in Africa +16.3% +12% SWS Growth in Customer Count SPUR CORP F26 AUGUST 2026
Slide 56: Delish Campaigns contribute to Pasta growth
2 Delish Campaigns contribute to Pasta growth 22% Pasta growth SPUR CORP F26 AUGUST 2026
Slide 57: Pegasus New Look Spur Restaurants celebrated
100 Pegasus New Look Spur Restaurants celebrated (now 104)
Slide 58: Lynx Creek Spur, Hartenbos, Western Cape
Lynx Creek Spur, Hartenbos, Western Cape SPUR CORP F26 AUGUST 2026
Slide 59: Maple Ridge Spur, Midstream, Centurion
Maple Ridge Spur, Midstream, Centurion SPUR CORP F26 AUGUST 2026
Slide 60: Burning Arrow, Queenswood, Pretoria
Burning Arrow, Queenswood, Pretoria SPUR CORP F26 AUGUST 2026
Slide 61: Burning Arrow, Queenswood, Pretoria
Burning Arrow, Queenswood, Pretoria SPUR CORP F26 AUGUST 2026
Slide 62: Burning Arrow, Queenswood, Pretoria
Burning Arrow, Queenswood, Pretoria SPUR CORP F26 AUGUST 2026
Slide 63: Burning Arrow, Queenswood, Pretoria
Burning Arrow, Queenswood, Pretoria SPUR CORP F26 AUGUST 2026
Slide 64: Burning Arrow, Queenswood, Pretoria
Burning Arrow,Queenswood, Pretoria SPUR CORP F26 AUGUST 2026
Slide 65: Burning Arrow, Queenswood, Pretoria
Burning Arrow, Queenswood, Pretoria SPUR CORP F26 AUGUST 2026
Slide 66: Burning Arrow, Queenswood, Pretoria
Burning Arrow, Queenswood, Pretoria SPUR CORP F26 AUGUST 2026
Slide 67: THIS.SPUR
THIS.SPUR EEINDOOR
Slide 68: Innovators of trading formats
Innovators of trading formats SPUR CORP SPUR CORPF26F26 AUGUST 2026 2026 AUGUST
Slide 69: Doppio new formats
Doppio new formats SPUR CORP F26 AUGUST 2026
Slide 70: Doppio Zero
Doppio Zero 27 Doppio Zero (Core) New in F26 • Irene Village, Centurion • Garden Walk, Hartenbos • East Rand Mall, Boksburg SPUR CORP F26 AUGUST 2026
Slide 71: Mediclinic (Hospital Format)
Mediclinic (Hospital Format)
Slide 72: Slide 72
Slide 73: Marriot Sea Point (Hotel Format)
Marriot Sea Point (Hotel Format)
Slide 74: Slide 74
Slide 75: Nine Yards (Bistro Format)
* i) iif Tl i a ig i ou Be SS Nine Yards (Bistro Formaty - Sa
Slide 76: a ena
a ena \ = fim. thy AMINA
Slide 77: Doppio ROAM
Doppio ROAM • Launched in July ‘26 • Pilot site in Irene Village Mall, Centurion • Ideal for entry level franchisee investment • R1.3m – R1.8m (50-120m2) SPUR CORP F26 AUGUST 2026
Slide 78: Hussar Grill Legacy
Hussar Grill Legacy SPUR CORP F26 AUGUST 2026
Slide 79: The Hussar Grill – an elevated experience
The Hussar Grill – an elevated experience SPUR CORP F26 AUGUST 2026
Slide 80: 1 millionth customer | Hussar Grill Willowbridge
1 millionth customer | Hussar Grill Willowbridge SPUR CORP F26 AUGUST 2026
Slide 81: Embracing our Next Gen
Embracing our Next Gen Gen Z aged 18- to 28 yrs make up an estimated 34% of South Africa’s population 20.6m Younger Gen Z (18-23) have eaten at a casual sit-down (68%), while older Gen Z skew higher on both sit-down (87%) and fine dining (40%). By 2030, GenZ’s projected annual spending power of R1.1
Slide 82: Customer Recognition: Brand Awards: 2026
Customer Recognition: Brand Awards: 2026 • Best Burgers On Dineplan's Reviewers' • Best Shakes Choice Awards 2025, some • Best Takeout Burger Hussar Grill branches featured • Best Neighborhood Restaurant prominently, including: • Best Beat the • Hussar Grill Kimberley • Best Casual Dining Budget Res
Slide 83: Global Recognition: 2026 World Retail Congress: Berlin
Global Recognition: 2026 World Retail Congress: Berlin “What set us apart was that we focused on emotional connection [and] experience-driven technology,” Future Retail Challenge: Competing against some of the world’s top universities, the UCT team – aptly named Braai- nary Code impressed judges wit
Slide 84: Financial & Segmental Review
Financial & Segmental Review SPUR CORP SPUR CORPF26F26 AUGUST 2026 2026 AUGUST
Slide 85: Income Statement
INCOME STATEMENT R’m F2026 F2025 % change Revenue 4 190.7 3 863.2 8.5 From franchised and company stores activities 1 090.5 1 040.2 4.9 From marketing and related activities 403.8 385.0 4.9 From outsourced distributor sales 2 696.4 2 438.0 10.6 Cost of sales (2 842.6) (2 601.9) 9.3 Gross Profit 1 34
Slide 86: Income Statement - adjusted
INCOME STATEMENT - adjusted R’m F2026 F2025 % change Revenue 4 190.7 3 863.2 8.5 From franchised and company stores activities 1 090.5 1 040.2 4.9 From marketing and related activities 403.8 385.0 4.9 From outsourced distributor sales 2 696.4 2 438.0 10.6 Cost of sales (2 842.6) (2 601.9) 9.3 Gross
Slide 87: Segmental Overview
SEGMENTAL OVERVIEW % of group revenue % change in revenue % change in profit % margin % margin F2026 F2026 vs F2025 F2026 vs F2025 F2026 F2025 Franchise 12.7 6.0 6.5 81.8 82.2 Spur 8.4 5.5 6.0 87.8 87.0 Panarottis 1.3 16.0 19.5 74.5 70.4 John Dory’s 0.4 (17.4) (23.3) 49.6 56.6 RocoMamas 1.2 5.8 7.5
Slide 88: Segment: SA Franchise – Spur
SEGMENT SA Franchise – Spur R’m R’m SA Franchise revenue % change 6.0* SA Franchise profit before tax % change 6.5* Spur revenue % change 5.5* Spur profit before tax % change 6.0* SA Spur profit before tax Total SA franchise profit before tax SA Spur revenue Total SA franchise revenue 250 300 278 22
Slide 89: Segment: SA Franchise – ex Spur
SEGMENT SA Franchise – ex Spur R’m Revenue R’m Profit before tax Panarottis % change 16.0* John Dory's % change (17.4)* Panarottis % change 19.5* John Dory's % change (23.3)* RocoMamas % change 5.8* Speciality % change 9.0* RocoMamas % change 7.5* Speciality % change 5.2* Panarottis revenue John Dor
Slide 90: Segment: Retail company stores
SEGMENT Retail company stores R’m R’m Revenue % change (4.1)* Profit before tax % change 482.9*⁺ Revenue 12.0 160 140 141 137 10.2 129 134 133 120 8.7 100 8.0 7.0 ^ ꟸ 80 6.4 5.9 60 61 # 40 4.0 3.9 7.5% 20 0 H1 2024 H2 2024 H1 2025 H2 2025 H1 2026 H2 2026 - No of stores 5 15 15 14 13 12 H1 2024 H2 20
Slide 91: Segment: SA Manufacturing and distribution
SEGMENT SA Manufacturing and distribution R’m R’m Revenue % change 11.3* Profit before tax % change 24.9* Revenue Net margin % Profit before tax 1 600 80 1 497 1 400 70 1 342 1 349 69 1 221 1 214 65 1 200 60 1 102 57 1 000 50 50 4.7% 47 800 40 37 600 30 400 20 200 10 - - H1 2024 H2 2024 H1 2025 H2 2
Slide 92: Segment: SA Marketing funds
SEGMENT SA Marketing funds R’000 F2026 F2025 % change Revenue⁺ 386 242 371 858 3.9 (Loss) / profit before tax# (4 036) 3 859 - Deferred income movement (2 368) (11 543) - ꟸ The loss for the current year relates to the marketing fund deficits for John Dory’s, RocoMamas and Spur, while the profit for
Slide 93: Segment: SA Other & Shared services
SEGMENT SA Other & Shared services OTHER* SHARED SERVICES R’000 F2026 F2025 % change R’000 F2026 F2025 % change Revenue 573 253 126.5 Revenue 60 361 64 766 (6.8) Marketing fund admin fee 18 167 17 080 6.4 income Operating profit 5 956 4 216 41.3 Rental income 1 412 965 46.3 * Comprises décor, traini
Slide 94: Segment: SA Shared services Comparable overheads
SEGMENT SA Shared services Comparable overheads R’000 F2026 F2025 % change Shared overheads (346 654) (199 771) (73.5) Spur Foundation (before interest) 2 806 839 Legal costs (GPS Litigation) 2 921 4 689 Financial instrument impairments (IFRS 9) (9 096) (2 003) Reversal of actual credit loss - KG Ho
Slide 95: Segment: International
SEGMENT International R’m R’m Store turnover % change 9.8* % change 41.9* Profit before tax Revenue % change 9.2* Net margin % Profit before tax Store Turnover International revenue 700 20 19 636 18 600 592 17 558 561 16 36.4% 514 524 14 500 13 12 13 12 400 10 10 300 8 200 6 4 100 2 35 37 43 48 50 4
Slide 96: Group Comparable Profit Analysis
GROUP COMPARABLE PROFIT ANALYSIS R’000 F2026 F2025 % change Profit before income tax 323 567 401 654 (19.4) Exclude: Marketing funds 4 036 (3 859) Profit before tax excl marketing funds 327 603 397 795 (17.6) Impairment of PPE and ROU asset - 6 907 Legal costs (GPS Foods litigation) 2 921 4 689 GPS
Slide 97: Balance Sheet
BALANCE SHEET R'm F2026 F2025 R'm F2026 F2025 Equity 811.4 925.0 Non-current assets Non-current liabilities Property, plant and equipment 110.8 101.5 Contract liabilities 30.2 29.9 Right-of-use assets 60.0 58.4 Lease liabilities 60.2 52.9 Intangible assets and goodwill 496.6 500.9 Loans payable 15.0
Slide 98: Cash Flow
CASH FLOW R'm F2026 F2025 Operating profit 478.5 441.8 Working capital changes 10.1 21.3 Cash generated from operations 488.6 463.1 Trade and other payables 2.8 61.7 Trade and other receivables 8.4 (4.6) Inventories (1.1) (35.8) Total working capital changes 10.1 21.3 SPUR CORP F26 AUGUST 2026
Slide 99: Cash Flow
CASH FLOW R'm F2026 F2025 Operating profit 478.5 441.8 Working capital changes 10.1 21.3 Cash generated from operations 488.6 463.1 Net finance income 18.2 24.5 Tax paid (137.6) (117.3) Dividend paid (262.7) (188.9) Cash flow from operating activities 106.5 181.4 Cash flow from investing activitiesꟸ
Slide 100: Appendices
Appendices SPUR CORP SPUR CORPF26F26 AUGUST 2026 2026 AUGUST
Slide 101: Segmental SA: Franchise – Spur
1. SEGMENTAL SA: FRANCHISE Spur R’m R’m Store turnover % change 5.8* Profit before tax Revenue % change 5.5* % change 6.0* Revenue Store turnover Profit before tax 4000 180 3 681 160 161 3500 3 435 3 340 3 348 146 149 145 3 209 140 140 3000 2 999 88.1 128 87.3% % 120 88.3% 87.8% 2500 100 87.4% 85.6%
Slide 102: Segmental SA: Franchise – Panarottis
1. SEGMENTAL SA: FRANCHISE Panarottis R’m % change 16.3* R’m Store turnover Profit before tax % change 19.5* Revenue % change 16.0* Profit before tax Revenue Store turnover 700 25 75.4% 628 22 600 585 20 73.4% 20 535 500 508 18 470 17 74.5% 448 16 400 15 14 71.2% 72.2% 300 10 68.5% 200 5 100 22 21 2
Slide 103: Segmental SA: Franchise – John Dory's
1. SEGMENTAL SA: FRANCHISE John Dory’s R’m % change (11.2)* R’m Store turnover Revenue % change (17.4)* Profit before tax % change (23.3)* John Dory's revenue Store turnover Profit before tax 250 7 235 232 6 6 6 210 205 200 190 5 60.3% 5 57.0% 49.3% 170 150 4 52.5% 4 4 3 49.0% 4 100 2 49.6% 50 1 10
Slide 104: Segmental SA: Franchise – RocoMamas
1. SEGMENTAL SA: FRANCHISE RocoMamas R’m % change 7.6* R’m Store turnover Profit before tax Revenue % change 5.8* % change 7.5* Net margin % Profit before tax Revenue Store turnover 600 25 546 520 508 500 21 480 20 20 453 459 19 18 17 18 79.0% 400 77.1% 15 76.5% 78.5% 78.6% 77.3% 300 10 200 5 100 23
Slide 105: Segmental SA: Franchise – Speciality brands
1. SEGMENTAL SA: FRANCHISE Speciality brands R’m Store turnover % change 8.0* R’m Revenue % change 9.0* Profit before tax % change 5.2* Revenue Store turnover 800 Net margin % 25 Profit before tax 700 705 686 646 642 600 598 21 21^ 20 500 C 17 16 73.7% 18 65.0% 400 V 15 67.7%% 60.6% 59.3% 347 300 12
Slide 106: International: Restaurant Count
2. INTERNATIONAL: RESTAURANT COUNT Doppio RocoMamas Spur Panarottis John Dory’s Total Zero * Botswana 3 3 - 1 2 9 Eswatini 3 2 1 - 2 8 Democratic Republic of Congo (DRC) - - - - 3 3 Ghana - - - - 2 2 Africa Kenya 5 1 - - 2 8 (excluding Lesotho 1 1 - - - 2 SA and Mauritius) Namibia 6 1 - - 3 10 Niger
Slide 107: South Africa Shared Services: Cost analysis
3. SOUTH AFRICA SHARED SERVICES Cost analysis R’m F2026 F2025 Information Technology 51.1 45.4 People, Leadership and Culture 18.1 16.5 Executives 37.8 36.4 Finance and facilities 22.0 20.3 Legal and company secretarial 8.7 6.9 Development and New Business 13.1 12.0 Long-term incentives including tr
Slide 108: International Shared Services
4. INTERNATIONAL SHARED SERVICES R’000 F2026 F2025 % change Operating loss (3 608) (9 825) 63.3 Reversal of financial instrument impairments (IFRS 9) net of (53) (143) actual credit losses Foreign exchange (gain) / loss (1 470) 4 349 Comparable operating loss* (5 131) (5 619) 8.7 * Applying a consta
Slide 109: The Way Forward
The Way Forward SPUR CORP SPUR CORPF26F26 AUGUST 2026 2026 AUGUST
Slide 110: Sustainable value creation means blending purpose with performance
Sustainable value creation means blending purpose with performance SPUR CORP F26 AUGUST 2026
Slide 111: Blueprint Blossom F27
Blueprint Blossom F27 Greater Good Integration and Impact 3. Clarity of Group Blueprints 4. Define Value Creation Initiatives 5. Determine the Greater Good impact NEW VALUE MORE VALUE BETTER VALUE SPUR CORP F26 AUGUST 2026
Slide 112: Q & A
Q&A SPUR CORP SPUR CORPF26F26 AUGUST 2026 2026 AUGUST