Pepkor Holdings Ltd. · JSE:PPH
Pepkor — FY2025 Earnings Presentation
80 slides from Pepkor's earnings presentation, November 2025
Slide 1: Annual Results Presentation
ANNUAL RESULTS PRESENTATION for the year ended 30 September 2025 it’s in our DNA
Slide 2: Agenda
AGENDA 1 Purpose & context Pieter Erasmus – CEO 2 Financial performance Riaan Hanekom – CFO 3 Strategic implementation Retail core Sean Cardinaal – COO Finserv & connectivity Garth Napier – CCO 4 Outlook Pieter Erasmus – CEO 5 Q&A
Slide 3: Purpose & Context
PURPOSE & CONTEXT Pieter Erasmus – CEO
Slide 4: Our Purpose
OUR PURPOSE TO MAKE A DIFFERENCE BY SOLVING CUSTOMER NEEDS AND MAKING LIFE’S ESSENTIALS AFFORDABLE AND ACCESSIBLE TO ALL . . . it’s in our DNA 4
Slide 5: A History of Solving Customer Needs
IT’S IN OUR DNA A HISTORY OF SOLVING CUSTOMER NEEDS Making essentials affordable & accessible WHERE IT STARTED TODAY IN FY25 1965 1st PEP store opened >6 000 stores 25 new stores every month 1st prepaid prepaid 2000 cell phone sold 13.5m handsets sold >1m every month 1st funeral policy 2008 sold in
Slide 6: Our Context
IT’S IN OUR DNA OUR CONTEXT Operating environment Pepkor strengths Strategic focus ● Low GDP growth ● Well-established ● Entrench share in formats existing categories ● Lower inflation, and segments unemployment, ● Extensive supply interest rates chain ● Develop and grow nascent or new ● Increased co
Slide 7: FY25 – Delivering Strategy and Results
IT’S IN OUR DNA FY25 – DELIVERING STRATEGY AND RESULTS In parallel and at pace DELIVERED: Key strategic initiatives. . . with market-leading results. . . while making a positive difference. Entered off-price market Top 30 FTSE Responsible Normalised HEPS Investment index Expanded Home offering +23.4
Slide 8: Financial Performance
FY25 PERFORMANCE – CONTINUING OPERATIONS FINANCIAL PERFORMANCE Riaan Hanekom – CFO
Slide 9: FY25 Highlights
FINANCIAL PERFORMANCE FY25 HIGHLIGHTS Revenue 12.0% Cash generated 68% conversion R95.3bn R10.9bn 82% excl. investment Operating profit Return on net assets 13.2% R11.1bn 24.0% HEPS Dividend per share 14.8% 9.2% 161.0c +23.4% normalised 53.0cps Investment made in FoneYam Normalised HEPS growth is adj
Slide 10: FY25 Performance Drivers
FINANCIAL PERFORMANCE FY25 PERFORMANCE DRIVERS MODEL FY25 Model performance Double-digit top line growth +12% revenue Achieved 5 – 6% LFL growth +6.5% LFL sales 3 – 4% space growth +4.1% space growth With key strategic initiative delivery FinTech growth +31.1% FinTech revenue Positive +13.2% operati
Slide 11: FY25 HEPS
FINANCIAL PERFORMANCE FY25 | HEPS +14.8% +23.4% 161 161 Market expectations 9.7 140.2 130.5 Achieved FY24 ETR FY24 HEPS FY25 FY25 HEPS normalisation Normalised HEPS Bloomberg consensus 11
Slide 12: Retail segments and FinTech
Retail 18% FinTech segments 15% segment Clothing & general Furniture, appliances & 13% GROUP 12% merchandise segment electronics segment REVENUE Financial services Informal market 72% 70% CGM FAE FinTech 20% 14% GROUP 7% 6% OPERATING PROFIT 79% 74% FY24 FY25 12
Slide 13: Revenue Growth
FINANCIAL PERFORMANCE REVENUE GROWTH Group 12.0% R95.3bn CGM 8.9% R66.9bn FAE 7.2% R11.8bn FinTech 31.1% R16.6bn 13
Slide 14: Revenue Growth – Sales Mix
FINANCIAL PERFORMANCE REVENUE GROWTH Group 12.0% R95.3bn CGM 8.9% R66.9bn 14% 16% FAE SALES MIX 7.2% R11.8bn 86% 84% FinTech 31.1% R16.6bn Cash sales Credit sales +5.7% +27.9% FY24 FY25 14
Slide 15: Revenue Growth – FinTech Revenue
FINANCIAL PERFORMANCE REVENUE GROWTH Group 12.0% R95.3bn CGM 8.9% R66.9bn 37% FAE FINTECH 55% REVENUE 45% 7.2% R11.8bn 63% Fintech Financial 31.1% R16.6bn services +13.7% +61.4% FY24 FY25 15
Slide 16: Financial Services Revenue Growth
FINANCIAL PERFORMANCE FINANCIAL SERVICES REVENUE GROWTH Financial services 61.4% +78.4% R7.5bn 11% +37.2% ● Cellular handset rental 10% 30% ● Leveraging insurance capability ● Retail credit FINANCIAL 35% 25% SERVICES 33% REVENUE +19.9% 8% 12% 10% 26% +12.4% >100% FY24 FY25 16
Slide 17: Gross Profit
FINANCIAL PERFORMANCE GROSS PROFIT Group 150bps 39.8% CGM -60bps ● Larger cellular mix 37.5% ● Maintained in CFH FAE 90bps ● Growth in Home 29.3% ● Increased volume FinTech ● Growth in financial 840bps 56.4% services 17
Slide 18: Cost of Doing Business
FINANCIAL PERFORMANCE COST OF DOING BUSINESS +12.5%1 +8.0%2 opex growth normalised R2.8bn strategic investments: 28.0% ● Customer acquisition 27.5% ● Insurance capability ● Corporate activity R10.7bn +13.0% +5.9%3 salary cost in total normalised R5.1bn +1.4% property cost in total – IAS 17 FY24 FY25
Slide 19: Operating Profit Growth
FINANCIAL PERFORMANCE OPERATING PROFIT GROWTH Group 13.2% R11.1bn CGM ● 6.7% R8.2bn ● IFRS 16 FAE ● Investment in strategic initiatives 5.1% 682m ● IFRS 16 FinTech 52.3% ● Growth in financial R2.2bn services 19
Slide 20: Operating Profit Growth – FinTech
FINANCIAL PERFORMANCE OPERATING PROFIT GROWTH Group 13.2% R11.1bn CGM 6.7% R8.2bn FINTECH FAE OPERATING 5.1% 682m PROFIT 38% 43% 57% 62% FinTech Financial 52.3% R2.2bn services +32.7% +67.3% FY24 FY25 20
Slide 21: Operating Profit Margin
FINANCIAL PERFORMANCE OPERATING PROFIT MARGIN Group 10bps 11.6% CGM -30bps 12.3% FAE -10bps 5.8% FinTech 180bps 13.0% 21
Slide 22: Operating Profit Margin
FINANCIAL PERFORMANCE OPERATING PROFIT MARGIN Group 10bps 11.6% 20% CGM -30bps +40bps 12.3% 15% FAE 10% * -10bps 5.8% 5% FinTech 0% 180bps 13.0% * Excl. Shoe City & Ayana 22
Slide 23: Operating Profit Margin
FINANCIAL PERFORMANCE OPERATING PROFIT MARGIN Group 10bps 11.6% 30% CGM -30bps 12.3% 20% FAE 10% -10bps 5.8% 5% FinTech 0% 180bps 13.0% Fin Serv 23
Slide 24: Insurance
FINANCIAL PERFORMANCE INSURANCE Combined group operating profit contribution +38.2% R64m sales support R351m INSURANCE REVENUE SPLIT to divisions R166m R254m 15% 5% 41% R162m 67% 28% FAE R185m FinTech CGM R92m 44% FY24 FY25 Statutory operating profit FY24 FY25 24
Slide 25: Cellular Performance
FINANCIAL PERFORMANCE CELLULAR PERFORMANCE Rbn FY25 FY24 Growth Revenue 25.2 22.0 +15.0% Handset & accessories sales 13.8 11.4 +21.3% Airtime, data & SIM sales 9.3 8.6 +7.8% Ongoing revenue** 2.1 2.0 +9.5% Gross profit 5.2 4.4 +16.8% Operating profit 2.8 2.3 +20.6% Operating profit margin 11.1% 10.5% +
Slide 26: Group Cellular Performance
FINANCIAL PERFORMANCE GROUP CELLULAR PERFORMANCE Rbn FY25 FY24 Growth Cellular revenue 25.2 22.0 +15.0% revenue 1.9 0.4 >100% TOTAL cellular revenue 27.1 22.4 +21.3% 26
Slide 27: Group Cellular Performance
FINANCIAL PERFORMANCE GROUP CELLULAR PERFORMANCE Rbn FY25 FY24 Growth Cellular revenue 25.2 22.0 +15.0% revenue 1.9 0.4 >100% TOTAL cellular revenue 27.1 22.4 +21.3% Cellular operating profit 2.8 2.3 +20.6% operating profit 0.5 0 >100% TOTAL cellular operating profit 3.3 2.3 +44.1% 30% Group contributi
Slide 28: Cellular Rental Book and Unsecured Lending Book
FINANCIAL PERFORMANCE CELLULAR RENTAL BOOK UNSECURED LENDING BOOK 4.6 ROIC 3.3 >23% Gross book size (Rbn) 1.9 ROE >20% 0.9 FY24 FY25 FY24 FY25 25% Provision levels % 20% 17% 17% NPL % 11% 8% 9% FY24 FY25 FY24 FY25 28
Slide 29: Retail Credit Books – Sales Enablers
FINANCIAL PERFORMANCE RETAIL CREDIT BOOKS – SALES ENABLERS 9.2 6.6 Gross book size (Rbn) 2.0 2.2 0.8 0.9 FY24 FY25 FY24 FY25 FY24 FY25 32% 30% Provision levels % 21% 19% 19% 23% 17% 21% NPL % 13% 13% 13% 12% FY24 FY25 FY24 FY25 FY24 FY25 29
Slide 30: Increased Debtors' Costs
FINANCIAL PERFORMANCE INCREASED DEBTORS’ COSTS +62.3% R4 101m R 2 479m +31% increase in established credit books R2 527m R 1 897m R984m >100% increase in new R264m R638m credit & rental books R366m FY24 FY25 PEP FoneYam Other 30
Slide 31: Low Net Debt
FINANCIAL PERFORMANCE LOW NET DEBT DEBT REPAYMENT PROFILE: R8.9bn 0.8 30 SEPTEMBER 2025 (Rbn) times net FY26 FY27 FY28 FY29 FY30 R7.6bn debt-to-EBITDA R7.3bn 7.3 -1.2 -1.2 times EBITDA- interest cover R3.3bn notes raised at substantially lower rates -3.3 -3.5 R9.8bn -4.2 funding replaced at lower ra
Slide 32: Inventory Levels
FINANCIAL PERFORMANCE INVENTORY LEVELS +6.3% R18.6bn R17.5bn ● New stores ● New formats ● Improved stock turn ● Clean stock position FY24 FY25 32
Slide 33: R10.9 Billion Cash Generated
FINANCIAL PERFORMANCE R10.9 BILLION CASH GENERATED 5 242 1 654 5 173 16 001 1 762 2 112 R12.7bn 346 10 888 excl. investment 82% conversion EBITDA1 Non-cash Inventory Retail Handset Lending Trade Cash adjustments credit rental payables generated & other by operations 1 EBITDA before capital items (Rm
Slide 34: Strengthened Returns
FINANCIAL PERFORMANCE STRENGTHENED RETURNS 36.0% 8-YEAR AVERAGE 35.5% Investment in books Return on net assets 23.2% 27.0% 24.0% 24.7% 22.3% Return on equity 15.8% 7.2% 14.0% 10.1% 9.4% 8.7% 8.7% 7.8% 5.2% 4.0% 3.5% FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 34
Slide 35: Capital Allocation – Organic Growth
FINANCIAL PERFORMANCE CAPITAL ALLOCATION 1. Organic growth Capex % of revenue Strategic investments 3.8% 2.9% 2.9% 3.0% 2.6% 2.5% Distribution Financial 2.4% capacity services ● Expansion capability ● Automation ● Leverage Retail credit Cellular books rental book FY22 FY23 FY24 FY25 FY26 Normal cape
Slide 36: Capital Allocation – M&A and Dividend
FINANCIAL PERFORMANCE CAPITAL ALLOCATION 2. M&A 3. Dividend Acquired Jun 2025 105 stores 3x earnings Implemented after year-end: cover maintained <4% of market cap Other opportunities: Implemented Non-RSA Oct 2025 ● Fintech ● International 66 of 400 53.0cps stores declared CloudBadger Acquired Oct 2
Slide 37: Strategic Implementation
FY25 PERFORMANCE STRATEGIC IMPLEMENTATION Sean Cardinaal – COO
Slide 38: Strategic Model
STRATEGIC IMPLEMENTATION STRATEGIC MODEL Categories Segments Scale Data & Tech People Customer Execution Monetisation needs Channels Geographies 38
Slide 39: How We Think About Growth
STRATEGIC IMPLEMENTATION HOW WE THINK ABOUT GROWTH GROWTH LEVERS 01 02 03 04 RETAIL CORE FIN SERV & OMNICHANNEL LEVERAGE & CONNECTIVITY EFFICIENCY Categories Retail credit Physical Supply chain Segments Insurance Digital Sourcing Geographies Cellular Informal Data & tech Financial services BUSINESS
Slide 40: Retail Core
>6 000 stores more than IKEA, Target and Primark COMBINED STRATEGIC IMPLEMENTATION 2 billion RETAIL CORE transactions PERFORMANCE more than 60 transactions every second no. ONE in Babies, Kids, schoolwear and prepaid cellular handsets 40
Slide 41: Retail Core FY25 Performance
RETAIL CORE FY25 PERFORMANCE LFL +6.5% +7.4% +8.9%* Group Southern Outside GROWTH Africa southern Africa Kids Men Cellular MARKET SHARE GAINS Women Home ● 2-pot boosted H1 trading ● Improved product availability ● Improved price execution ● Healthy and clean stock position * Constant currency 41
Slide 42: Retail Core – PEP
RETAIL CORE ● 2 693 stores +95 +45 ● +9.3% LFL sales growth ● Market share gains ● 12% credit sales mix 1.3m accounts 186m #PEPfinds customer views ● 9.2m cellular handsets sold +12% 256m #PEPHOMEfinds customer views ● 7.1m PAXI parcels +25% 43m website visits 42
Slide 43: Retail Core – Ackermans
RETAIL CORE ● 1 036 stores +50 ● LFL sales growth recovery LFL sales growth ● Market share gains 7.1% ● +90bps full-price sales 4.5% ● 22% credit sales mix 2m accounts -5.1% ● 3.1m cellular handsets sold +17% FY23 FY24 FY25 ● Clean stock position NEW CATEGORIES ● MEN launched Apr 2025 +36% online sa
Slide 44: Retail Core – Speciality
RETAIL CORE Launched ● 977 stores +59 ● +3.0% LFL sales growth 32 stores ● Market share gains ● 19% credit sales mix ● Strong recovery in Tekkie Town ● Solid growth performance in Dunns, Refinery & CODE ● Adult ● Junior ● Activewear +38% online sales growth 44
Slide 45: Retail Core – Home
RETAIL CORE ● 925 stores +43 ● +4.7% LFL sales growth ● Market share gains ● 13% credit sales mix ● +90bps gross margin +44% in Home +15% online sales growth 45
Slide 46: Retail Core – Tech
RETAIL CORE ● 199 stores +19 LFL sales growth +8.8% ● Improved LFL performance LFL +1.8% ● Targeted interventions ● 42% credit sales mix +2.2% ● New store maturities -2.7% -0.3% Q1FY25 Q2FY25 Q3FY25 Q4FY25 ● 2nd DC operational Sales performance in constant currency 46
Slide 47: Retail Core – Strategic Capital Allocation
CATEGORIES SEGMENTS GEOGRAPHIES RETAIL CORE – STRATEGIC CAPITAL ALLOCATION 47
Slide 48: Enter Off-Price Segment
RETAIL CORE Enter off-price segment ● 105 stores ● +6% sales ● New DC secured ● New store pipeline ● 300+ store potential 48
Slide 49: Non-RSA Expansion
RETAIL CORE ● Successfully implemented non-RSA component Oct 2025 ● 66 of 400 stores ● RSA CompCom process underway ● FY26 RSA expected implementation ● Online only ● Leverage e-commerce capability 49
Slide 50: Acquisition of Adultwear Stores
RETAIL CORE Acquired ● 469 stores ● Expand adultwear market share ● Consolidate smaller brands ● Leverage Speciality infrastructure ● Implemented Nov 25 50
Slide 51: Rationalisation
RETAIL CORE Rationalisation ● Format challenge ● Implementation January 2026 ● 113 stores ● 48 conversions ● 65 closures 51
Slide 52: Leverage & Efficiency
>1bn units 32k units sold every second STRATEGIC IMPLEMENTATION LEVERAGE & EFFICIENCY >28m kms 36 round trips to the moon every year Sean Cardinaal – COO >20 500 TEUs containers filled, covering 43 football fields 52
Slide 53: Leverage & Efficiency
STRATEGIC IMPLEMENTATION LEVERAGE & EFFICIENCY SOURCING LOGISTICS DATA & TECH 53
Slide 54: Sourcing, Logistics, Data & Tech
STRATEGIC IMPLEMENTATION LEVERAGE & EFFICIENCY SOURCING LOGISTICS DATA & TECH PAXI ● 7.1m PAXI parcels AI & technological previously via third-party courier advancements ● +12% ● Existing capability leveraged – courier growth in units ● DC automation Dark store capability 31 ● 235m units ● Decentral
Slide 55: Omnichannel
>32m known customers > 50% of the SA population STRATEGIC IMPLEMENTATION +17% online sales OMNICHANNEL 1 000 online orders a day across 17 websites Sean Cardinaal – COO 13m customers added to +more in 18 months 55
Slide 56: Channels
OMNICHANNEL CHANNELS PHYSICAL STORES DIGITAL & ONLINE INFORMAL MARKET >6 000 17 websites 170 000 traders AIRTIME 56
Slide 57: Channels
OMNICHANNEL CHANNELS PHYSICAL STORES DIGITAL & ONLINE INFORMAL MARKET >6 000 17 websites 170 000 traders +17% online sales growth +269 launched R60bn new stores >5 500 online orders throughput opened 13m +more members +23% 57
Slide 58: Informal Market
INFORMAL MARKET R900bn informal Traders market ● 170 000 traders ● 70k acquiring devices Cellular ● R21bn tapped value +38% ● 3.3m active SIM base ● R3.8bn base spend Aggregation ● 37% of throughput +70% ● +14% growth in airtime ● +120% growth in vouchers ● 350k SASSA payments per month 58
Slide 59: Fin Serv & Connectivity
3.5m A+ accounts STRATEGIC IMPLEMENTATION 2m FoneYam FIN SERV & active customers CONNECTIVITY Garth Napier – CCO >1m lives covered for funeral 59
Slide 60: Retail Enabled
FINANCIAL SERVICES AND CONNECTIVITY RETAIL ENABLED Monthly in-store activity Customer acquisition Payments Transactions 100k 1m 2m new cellphones money accounts transfers 2m 10m account airtime ● 6 000 stores payments vouchers 170k 780k 500k ● WiFi enabled SIM cards cash-backs ● Biometric enabled 59
Slide 61: Retail Credit
FINANCIAL SERVICES AND CONNECTIVITY RETAIL CREDIT ● +1.3m new accounts added ● +19k new accounts added ● 3.5m active accounts ● 208k active accounts ● 74% able to buy +60bps ● Lower non-performing loans ● Lower non-performing loans -50bps ● Improved scorecards ● 34% of all new accounts in SA ● +150b
Slide 62: Cellular
FINANCIAL SERVICES AND CONNECTIVITY CELLULAR ● 13.5m handsets sold +17% ● 65% smartphones ● 25% market share in own brands +22% ● 31m active SIM base +6% ● R2.1bn OGR +9.5% ● >800m airtime vouchers sold Expanding ● market share 22% STYLO 8 out of 10 private label unit share prepaid handsets sold in
Slide 63: Cellular Rental
FINANCIAL SERVICES AND CONNECTIVITY CELLULAR RENTAL ● Expanded range ● Available in 3 500 stores ● 16% share of handsets sold >2m ● 53% of Samsung handsets sold +170k pm >2m 795k active customers +140% FY24 FY25 63
Slide 64: Insurance
FINANCIAL SERVICES AND CONNECTIVITY INSURANCE R829m insurance revenue +78% Embedded ● 7.1m parcels covered ● 1.9m cellular devices covered Bundled ● 622k credit insurance policies ● R7.7bn credit life cover ● R2.2bn goods cover Funeral ● 1m lives covered +100% ● R19.7bn cover ● 100% of all funeral p
Slide 65: Financial Services
FINANCIAL SERVICES AND CONNECTIVITY FINANCIAL SERVICES CURRENT CUSTOMER FINANCIAL SERVICES NEEDS SERVED MONTHLY ACTIVITY Money transfers >2m money transfers Retail credit >22m cash withdrawals Bill payments >22m cash deposits Phone rentals >4m bill payments Insurance >65k loans Lending >20k funeral
Slide 66: Establishing a Banking Presence
FINANCIAL SERVICES AND CONNECTIVITY ESTABLISHING A BANKING PRESENCE Ability to acquire customers Progress to date ● 32.5m customers ● Section 13(1) approval ● 16m RICA registrations ● Cloudbadger Technologies acquisition ● 7m credit applications • Finserv tech platform ● 2m FoneYam customers • SA-ba
Slide 67: Outlook
FY25 PERFORMANCE OUTLOOK Pieter Erasmus – CEO
Slide 68: Outlook
It’s in our DNA OUTLOOK Strategic priorities FY26 trading ● 250 – 300 new stores Sales growth – 7 weeks up to 15 Nov 2025 ● Bedding down new formats ● Implementing M&A 14.6% +10.0% 2-YR AVERAGE ● Finserv expansion FY25 2-pot retirement payouts: ● Unlock value in Flash ● R43bn in H1FY25 ● R18bn in H2
Slide 69: Q&A
PEPKOR Holdings Limited FY25 PERFORMANCE Q&A
Slide 70: Save the Date – Capital Markets Day 2026
SAVE THE DATE Capital Markets Day 2026 30 & 31 March 2026, Cape Town Discover first-hand the journey through our Retail, Fintech, Omnichannel and Informal market strategies Formal invite and details to follow
Slide 71: Thank You
wae x THANK YOU = eo. it’s in oUF DNA eee e+ ._2
Slide 72: Additional Information
ADDITIONAL INFORMATION it’s in our DNA
Slide 73: Cash vs Credit Mix
ADDITIONAL INFORMATION CASH VS CREDIT MIX 0% 12% 22% 100% 19% 42% 13% 16% Credit sales contribution Cash sales 88% 87% contribution 84% 81% 78% 58% 73
Slide 74: Retail Store Footprint
ADDITIONAL INFORMATION RETAIL STORE FOOTPRINT 269 new stores opened (excl Ayana & Choice) 30 September 2024 Openings Closures Net movement 30 September 2025 Retail Retail area Retail Retail Retail Retail area Retail Retail area stores ‘000 m2 stores stores stores ‘000 m2 stores ‘000 m2 Clothing and
Slide 75: Normalised Results
ADDITIONAL INFORMATION NORMALISED RESULTS Statutory IFRIC 23 tax Normalised Statutory Continuing operations Year ended provision Year ended Year ended Rm 30 Sep 2024 release 30 Sep 2024 30 Sep 2025 % change Headline earnings 5 148 (355) 5 097 5 934 +16.4% Headline earnings per ordinary share (cents)
Slide 76: Building Better Business – FY25 Highlights
ADDITIONAL INFORMATION growth in revenue to BUILDING BETTER BUSINESS +12.0% R95.3bn FY25 HIGHLIGHTS +13.2% increase in operating R11.1bn profit to Access and affordability R57 average item price in PEP 01 02 +23.4% 161.0c increase in normalised HEPS to CUSTOMERS 170k informal market traders Enabling
Slide 77: Building Better Business
ADDITIONAL INFORMATION BUILDING BETTER BUSINESS Making a positive difference in the lives of our customers, which enables affordable living and fosters inclusive growth that focuses on a sustainable future We support livelihoods through We develop our employees, support enabling accessibility to sup
Slide 78: Enabling Affordable Living
ADDITIONAL INFORMATION BUILDING BETTER BUSINESS ENABLING AFFORDABLE LIVING Pepkor’s products and solutions solve real-life challenges in an inclusive and affordable way to support and enhance livelihoods. R57 average item price in PEP Best Price Leadership ● 2 million FoneYam customers – making smar
Slide 79: Inclusive Growth
ADDITIONAL INFORMATION BUILDING BETTER BUSINESS INCLUSIVE GROWTH Learnerships addressing youth unemployment ● 3 937 learnerships provided in FY25 of all employed W&R SETA sector 44% target learnerships provided by Pepkor ● Pepkor Retail Learnership Academy is an accredited Skills Development Trainin
Slide 80: Road to Green
ADDITIONAL INFORMATION BUILDING BETTER BUSINESS ROAD TO GREEN R280 million investment planned for energy efficiency project roll-outs FY25 – FY28 ● LED LIGHTS 34% average saving in electricity use from lights in stores 22k MWh saved since 2019 – enough to charge 4.5 billion cellphones ● SOLAR R97 mill