Invicta Holdings Limited · JSE:IVT
Invicta — FY2026 Earnings Presentation
45 slides from Invicta's earnings presentation, March 2026
Slide 1: Final Results Presentation
© HI. PAZESN NY Invicta LZ QX\ff HOLDINGS LIMITED Innovative solutions that empower industries, for a sustainable future O7Z.ANS FINAL RESULTS PRESENTATION
Slide 2: Disclaimer
O Teicta HOLDINGS LIMITED Welcome Disclaimer UM tte The information contained in this presentation may differ from the financial information pertaining to the audited financial results of Invicta Holdings Limited (‘Invicta’), as published on SENS in terms of the JSE Listings Requirements. Certain pe
Slide 3: Welcome & Introduction: Table of Contents
i Invicta HOLDINGS LIMITED Welcome & Introduction Welcome Page 04 Table of Contents Who We Are Page 05 The Year at a Glance Page 07 Notable Achievements Page 08 Introduction Group Financial Overview Welcome to our Page 26 Final Results Operational Review Presentation Page 40 Key Developments & Trans
Slide 4: Who We Are
Invicta HOLDI LIMITED Intre n Who We Are Invicta distributes world leading capital and earthmoving equipment, industrial, automotive and agricultural parts, often exclusively, which we try to ensure are always available and that are overlaid with a technica and service solution We thus differentiate
Slide 5: The Year at a Glance
O) Twicta HOLDINGS LIMITED Introduction The Year at a Glance Apleasing set of operating results achieved under challenging trading conditions. Well controlled operating costs and tight working capital management. Prudent capital expenditure discipline. We remain confident in the resilience of our bu
Slide 6: The Year at a Glance
O) Twicta HOLDINGS LIMITED Introduction The Year at a Glance * Increased volatility in import tariffs. + Supply chain challenges - exacerbated by the blockade of the Strait of Hormuz. + Currency volatility with the Rand strengthening over the period. * Increased local activity in the agricultural an
Slide 7: Notable Achievements
O) Twicta HOLDINGS LIMITED Introduction Notable Achievements Increased sustainable Headline Earnings Per Share attributable to Sustainable ordinary shareholders by 7% to 594 cents Headline Earnings: Ordinary Shares: Returned in excess of R280m to shareholders through dividends and share buybacks Gap
Slide 8: For the Year Ended March 2026
Invicta HOLDINGS LIMITED Group Financial Overview For the Year Ended 31 March 2026 INVICTA HOLDINGS LIMITED | Final Results Presentation for the year ended 31 March 2026
Slide 9: Group Sustainable Operating Profit
Y. Invicta HOLDINGS LIMITED Group Financial Overview Group Sustainable R'000 Fes Mar 2025 Operating Profit Operating profit before net finance income on financing transactions 687 427 765 431 and foreign exchange as reported Deduct: Net profit on disposal of non-core properties - (20 494) Add back:
Slide 10: Kian Ann Group Contribution to Sustainable Headline Earnings
O Teicta HOLDINGS LIMITED Group Financial Overview Kian Ann Group Contribution to Sustainable Headline Earnings ddddddddddddddddddddddda R'000 re Mar 2025 Equity accounted earnings Adjusted for the following net of tax: Deduct: Gain from bargain purchase (KMP Far East) Deduct: Loss/(profit) on dispo
Slide 11: Group Sustainable Headline Earnings
O Teicta HOLDINGS LIMITED Group Financial Overview Group Sustainable Headline Earnings UMM R'000 sar 2026 | Mar 2025 Headline earnings Adjusted for the following net of tax: Add back: Modification (discounting)/ loss on dividend receivable from KMP Holdings Limited Add back: Amortisation of Purchase
Slide 12: Group Sustainable Results at a Glance
Invicta HOLDINGS LIMITED Group Financial Overview Group Sustainable Results at a Glance Group Sustainable Operating profit * Sustainable HEPS ** Total NAV per ordinary share Before net finance income and forex J 8% 1% T 72% to R690 million to 594 cents to R63.70 * Adjusted sustainable ‘4 Sustainable
Slide 13: Statement of Comprehensive Income (Extract)
Invicta HOLDINGS LIMITED Group Financial Overview Statement of Comprehensive Income (Extract) WMI dd db dd R’000 Mar 2025 % Revenue 8442746 8111903 4% Cost of sales (5 651848) (5 465 930) 3% Gross profit 2790 898 2645973 5% 33% 33% Expected credit losses (47 884) (5229) >100% Selling, administration
Slide 14: Normalised Selling, Administration and Distribution Costs
Invicta HOLDINGS LIMITED Group Financial Overview Statement of R000 Comprehensive Income As reported 2.055 587 ; 4 Normalisations Normalised Selling, Administration and Net profit on disposal of PPE, investments and agency rights 20 023 Distribution Costs Impairment of PPE, associates & Loan write o
Slide 15: Statement of Comprehensive Income (Extract)
Invicta HOLDINGS LIMITED Group Financial Overview Statement of Comprehensive Income (Extract) WMI dd db dd R’000 Mar 2025 % Revenue 8442746 8111903 4% Cost of sales (5 651848) (5 465 930) 3% Gross profit 2790 898 2645973 5% 33% 33% Expected credit losses (47 884) (5229) >100% Selling, administration
Slide 16: Statement of Comprehensive Income (Extract)
1 ° Invicta HOLDINGS LIMITED R'000 Mar 2025 Finance income 47 087 47 366 Group Financial Overview Finance cost (169 792) (177 097) Equity accounted losses from investment in associates (4 642) 197 Statement of eal) accounted earnings from investment in joint ventures Py ye eon Comprehensive Income (
Slide 17: Statement of Financial Position: Assets
1 Invicta R‘000 fro Mar 2025 HOLDINGS LIMITED Assets . . Property, plant and equipment (incl invest prop) 1120 850 1160 869 Group Financial Overview Right-of-use assets 198 440 209 179 Statement of Goodwill 130 803 60 651 * . ay Other intangible assets 90 880 47 421 Financial Position: Net investmen
Slide 18: Reconciliation of Carrying Value of Investment in Kian Ann Group
O) Twicta HOLDINGS LIMITED Group Financial Overview Reconciliation of Carrying Value of Investment in the R'000 Mar 2025 Kian Ann Group Investment in Kian Ann balance at 31 March 2025 1852 285 1843 863 j Add: Share of profit, net of taxation 128 439 365 098 Less: Dividends received (171398) (311 088
Slide 19: Statement of Financial Position: Assets (cont.)
1 Invicta R‘000 fro Mar 2025 HOLDINGS LIMITED Assets . . Property, plant and equipment (incl invest prop) 1120 850 1160 869 Group Financial Overview Right-of-use assets 198 440 209 179 Statement of Goodwill 130 803 60 651 fs 3 res Other intangible assets 90 880 47 421 Financial Position: Net investm
Slide 20: Inventory
Invicta HOLDINGS LIMITED Group Financial Overview Inventory Industrial Solutions and Parts Capital Equipment and Parts Invicta Group UM dddddddddddddddddd R'000 Gross value Provision Net value Mar 26 2 337 482 268 019 2 069 463 Mar 25 2 396 442 344 763 2 051 679 Mar 26 993 481 97 406 896 075 Mar 25
Slide 21: Statement of Financial Position: Assets (cont.)
1 Invicta R‘000 fro Mar 2025 HOLDINGS LIMITED Assets . . Property, plant and equipment (incl invest prop) 1120 850 1160 869 Group Financial Overview Right-of-use assets 198 440 209 179 Statement of Goodwill 130 803 60 651 . "i rae Other intangible assets 90 880 47 421 Financial Position: Net investm
Slide 22: Statement of Financial Position: Equity & Liabilities
O Teicta HOLDINGS LIMITED Group Financial Overview Statement of Financial Position: Equity & Liabilities ddd R’000 Es Mar 2025 Shareholders’ equity 5518171 5 451816 Borrowings 1287 451 978 489 Right of use lease liabilities 161766 181 615 Finance lease liabilities 198 902 177 292 Deferred taxation 6
Slide 23: Total Net Interest-Bearing Debt
Invicta HOLDINGS LIMITED Group Financial Overview R'000 | mer 2028 | Mar 2025 Total Net-Interest Borrowings and finance lease liabilities non-current 1486 353 1155 781 Bearing Debt Borrowings and finance lease liabilities current 459 379 330730 Cash (756 549) (799 800) Overdraft = 19700 = Net debt e
Slide 24: Bank Covenants March 2026
Invicta HOLDINGS LIMITED Group Financial Overview Bank Covenants 31 March 2026 Onshore Covenants Net Debt to EBITDA Ratio Interest Cover Ratio Offshore Covenants Leverage Ratio Interest Cover Ratio Cash flow Cover Med Requirement <3.0 >3.5 Requirement <2.5 >4.0 >1.2 INVICTA HOLDINGS LIMITED | Final
Slide 25: Cash Flow Statement
O Teicta HOLDINGS LIMITED Group Financial Overview Cash Flow Statement R'00o | Mar 2026 | Mar 2025 Cash flows from operating activities Cash generated from operations Net finance costs Dividends paid to Group shareholders Dividends paid to non-controlling interests Taxation paid Net cash inflow from
Slide 26: Operational Review
ULL Addl Invicta HOLDINGS LIMITED Operational Review For the Year Ended 31 March 2026 INVICTA HOLDINGS LIMITED | Final Results Presentation for the year ended 31 March 2026
Slide 27: Our Operating Segments
Invicta HOLDINGS LIMITED Operational Segment Review Our Operating Segments Operating segme Operations presented Replacement Parts Industrial . Industrial Solutions and Parts Replacement Parts Auto-Agri Capital Equipment Replacement Parts Earthmoving Capital Equipment and Parts Kian Ann Group A full
Slide 28: Industrial Solutions and Parts
© Invicta HOLDINGS LIMITED Industrial Solutions and Parts Replacement Parts Industrial, Replacement Parts Auto-Agri INVICTA HOLDINGS LIMITED | Final Results Presentation for the year ended 31 March 2026
Slide 29: Industrial Solutions and Parts Results Summary
1 Revenue Sustainable Operating Profit before Forex ° (Rm) (R'm) Invicta HOLDINGS LIMITED 6000 500 465 sen Pr 421 418 Operational Segment Review 5800 400 5604 Results Summary 6600 200 4 10% 31 March 2026 v 1% 5500 200 Industrial Solutions and Parts Mar 2024 Mar 2025 Mar 2026 Mar 2024 Mar 2025 Mar 20
Slide 30: Sustainable Operating Profit before Forex
Y e Sustainable Operating Profit before Forex Invicta in HOLDINGS LIMITED 650 Operational Segment Review Results Summary 560 31 March 2026 485 7” -48 . . 418 Industrial Solutions 450 and Parts 350 250 160 Segmental operating Disposal of investments IFRS 16 Sustainable operating profit at 31 March 20
Slide 31: Revenue Contribution: Market Segment
O) Twicta HOLDINGS LIMITED Operational Segment Review Revenue Contribution 31 March 2026 Industrial Solutions and Parts B® Mining ® Automotive & Transport ™ Industry WMUMMM ddd fd 2% 2% 1% 4 oe 17% 8% ¢ il 9% Market Segment 15% 10% g@ Retail/Trade ™ Other m Food & Beverage Construction m@ Agricultur
Slide 32: Revenue Contribution: Revenue Stream and Region
O) Twicta HOLDINGS LIMITED Operational Segment Review Revenue Contribution 31 March 2026 37% Industrial Solutions and Parts @ Consumables MM Revenue Stream @ Engineering 63% 15% Region 77% @ South Africa @ Europe B& Africa INVICTA HOLDINGS LIMITED | Final Results Presentation for the year ended 31 M
Slide 33: Industrial Solutions and Parts Outlook
O) A HOLDINGS LIMITED Operational Segment Review Outlook 31 March 2026 Industrial Solutions and Parts + South African industrial demand remains under pressure from the struggling steel industry and recent tariffs. + Engineering services, automotive, and agricultural house brands are showing positive
Slide 34: Capital Equipment and Parts
LLL | i. Invicta HOLDINGS LIMITED Capital Equipment and Parts Capital Equipment, Replacement Parts Earthmoving, Kian Ann Group INVICTA HOLDINGS LIMITED | Final Results Presentation for the year ended 31 March 2026
Slide 35: Capital Equipment and Parts Results Summary
Revenue Rm) ° Invicta xa HOLDINGS LIMITED rae 2250 1892 4 19.1% Operational Segment Review 1652 1500 Results Summary 31 March 2026 750 Capital Equipment Mar 2024 Mar 2025 Mar 2026 and Parts Net Operating Assets (Rim) 3000 2764 2746 2700 2600 2400 2100 Mar 2024 Mar 2025 Mar 2026 WMI hd dd dd Sustaina
Slide 36: Sustainable Operating Profit before Forex
O) Twicta HOLDINGS LIMITED Operational Segment Review Results Summary 31 March 2026 Capital Equipment and Parts 450 350 250 150 WMMUMM I dd Sustainable Operating Profit before Forex (Rm) Segmental operating profit at 31 March 2026 32 5 398 Normalised PPA Amort IFRS 16 Sustainable operating equity ac
Slide 37: Revenue Contribution: Market Segment
O) Twicta HOLDINGS LIMITED Operational Segment Review Revenue Contribution 31 March 2026 Capital Equipment and Parts WMUMMM ddd fd 4% 2% 8% 5 il 15% 38 Market Segment 16% 18% @ Construction Other m Automotive & Transport @ Agriculture m@ Retail/Trade ™@ Earthmoving &® Mining INVICTA HOLDINGS LIMITED
Slide 38: Revenue Contribution: Revenue Stream and Region
O) Twicta HOLDINGS LIMITED Operational Segment Review Revenue Contribution 31 March 2026 Capital Equipment and Parts @ Parts ™ Consumables MM Revenue Stream mw Equipment 5% 43% ; Region 52% @ Europe B Africa ® South Africa Presentation for the year ended 31 March 2026 38 INVICTA HOLDINGS LIMITED | F
Slide 39: Capital Equipment and Parts Outlook
Invicta HOLDINGS LIMITED Operational Segment Review Outlook —C—“C:CSCSCSCis 31 March 2026 Construction and mining markets in South Africa are starting to show growth, Capital Equipment with volumes increasing. and Parts The improvement in mining is positive, but the sector is coming off a low base a
Slide 40: Key Developments & Transactions
Invicta HOLDINGS LIMITED Key Developments & Transactions For the Year Ended 31 March 2026 INVICTA HOLDINGS LIMITED | Fin Presentation for the year end
Slide 41: Key Developments and Transactions in the Year Under Review
O Teicta HOLDINGS LIMITED Key Developments and Transactions in the Year Under Review UMM ddd Acqusition of Safe Harbor operations Kian Ann acquired 100% of Safe Harbor, a Texas-based premium aftermarket parts supplier focused primarily on replacement cab glass for capital equipment. Acquisition of S
Slide 42: Prospects & Strategy
q Invicta HOLDINGS LIMITED Prospects & Strategy For the Year Ended 31 March 2026 INVICTA HOLDINGS LIMITED | Final Results Presentation for the year ended 31 March 2026
Slide 43: Prospects & Strategy: Objectives
1 Invicta HOLDINGS LIMITED Prospects & Strategy Objectives Objectives: Managing working capital and optimizing operations, including the evaluation and implementation of Al-managed processes. Generating cash. Managing the supply chain and logistical challenges. Looking for appropriate, sizeable acqu
Slide 44: Looking Forward
1 Invicta HOLDINGS LIMITED LOOKING FORWARD
Slide 45: Thank you for your attendance & participation
H Invicta HOLDINGS LIMITED Thank you for your attendance & participation www.invictaholdings.co.za For any further Investor Relations questions please contact: Vanessa Rech | Keyter Rech Investors Solutions | vrech@kris.co.za | 083 307 5600 or Sade Lekena | Invicta Holdings | sadel@invictaholdings.c