Spar Group Limited · JSE:SPP
Spar — The SPAR Group — Investor Day (2025)
17 slides from Spar's investor day presentation, Nov 14, 2025
Slide 1: Hawie du Preez, Managing Director
Hawie du Preez Managing Director
Slide 2: The Build it business
The of • Build it, a division of The SPAR Group Pty Ltd. • A building materials and hardware merchant (DIY/BIY/Contractor) • Business model based on the SPAR Voluntary trading model with independent retailer membership to: - The SPAR Group Ltd. - Build it National Guild of Southern Africa NPC • Reta
Slide 3: Our 40 year journey
Our 40 year journey 1985 KZN 1998 Inland 2000 Eastern Cape 2002 Western Cape 2002 South Rand 2002 North Rand 2003 Lowveld 2003 Eswatini 2004 Lesotho 2005 Namibia 2010 SIW & Mozambique 3 SPAR Group CMD 2025
Slide 4: The competitive landscape
The competitive Primary Competition Secondary Competition Specialist Retailers Independent Traders Buying Groups (Wholesale) 4 SPAR Group CMD 2025
Slide 5: The competitive landscape
The competitive (July 2023 – June 2024; *52wks) 322 Stores (+6;-2) 399 Stores (+7;-8) R11 bn | Total +3% | LFL +2% R18.1 bn | Total 1.38% | LFL 2.16% 5 SPAR Group CMD 2025
Slide 6: The competitive landscape
The competitive (July 2024 – Dec 2024) 318 Stores (+3;-7) 401 Stores (+8;-5) R6.1 bn | Total +5% | LFL +4% R9.97 bn | Total 4.57% | LFL 4.7% SPAR Group CMD 2025 6
Slide 7: Market segments
The competitive Market segments Store Segmentation 2024 Organic Retail Sales Growth - per segment 160 5,00% (YTD Sept 2024) 140 151 4,22% 120 4,00% 3,44% 3,25% 100 114 107 3,00% 99 80 87 79 60 2,00% 56 40 1,00% 20 29 0 0,00% Urban Country Township Rural -1,00% -0,83% -2,00% Urban Country Township Ru
Slide 8: Formats and in-store concepts
formals and inslore concepls
Slide 9: SPAR Group CMD 2025
e @ = — HANDTOOES/ AR YOUR) Build if 06> DIOGES AW YOUR Build if 069» ould I | f me BAC KAINESTIOCK i | | BACK IM STOCK | mppoven Price & Pnooucr ‘quaury IN STOCK ar ™ WALLS & CEILINGS otter RET
Slide 10: DIY Builders Merchant
DIY Electrical, Plumbware, general hardware, tools CAT 4 CAT 4 35% 14% DIY CAT 3 Decorative, garden & outdoor, wall and floor, rainwater goods CAT 3 40% 23% CAT 2 Structural timber, flat sheets and CAT 2 15% boards, openings 21% Contractor/ Infrastructure CAT 1 Wet trade, cement, metals and CAT 1 10
Slide 11: Builders Merchant
CAT 4 CAT 4 14% 14% CAT 3 CAT 3 23% 23% CAT 2 Growth CAT 2 21% 21% CAT 1 CAT 1 42% 42% Builders Merchant Builders Merchant 11 SPAR Group CMD 2025
Slide 12: 2025+
2025+ 12
Slide 13: Build Strategy
Build Strategy Winning Aspiration Being the first-choice brand for Southern Africans who want to build, maintain and improve "things" of enduring value. Strategic Issue Creating new rules of the game that will help us to achieve our strategic ambition. The shift in Consumer control and influence. Ho
Slide 14: Store footprint by region
KZN (RSA 79) Eastern Cape (RSA 47) Western Region (RSA 39 & Namibia 23) South Rand (RSA 70 and Lesotho 2) North Rand (RSA 61) Lowveld (RSA 31, Eswatini 8, Mozambique 40) Group (RSA 327, Neighbouring 73) 14 SPAR Group CMD 2025
Slide 15: SPAR Group CMD 2025
450 400 400 400 400 410 387 398 350 300 320 250 270 200 150 150 100 100 50 35 0 2000 2002 2005 2011 2015 2018 2021 2022 2023 2024 2025 16 SPAR Group CMD 2025
Slide 16: Technological
Technological 16 SPAR Group CMD 2025
Slide 17: Thank You