Stadio Holdings Pty Ltd. · JSE:SDO
Stadio Holdings Pty — Shareholder Meeting (June 2026)
35 slides from Stadio Holdings Pty's shareholder meeting presentation, Jun 18, 2026
Slide 1: 9th Annual General Meeting
9th Annual General Meeting 18 June 2026 1
Slide 2: We're a new vision in higher education
WE’RE A NEW VISION IN HIGHER EDUCATION LU ey . ig ae 4 Q Q STADIO HoLDINes
Slide 3: AGM Overview
AGM OVERVIEW CHAIRPERSON'S PRESENTATION OF THE CEO’S VOTING WELCOME ANNUAL FINANCIAL FEEDBACK CLOSES CLOSURE STATEMENTS AND OTHER COMMITTEE QUESTIONS REPORTS & ANSWERS CONSTITUTION ORDINARY RESULTS OF THE OF THE AND SPECIAL ANNUAL GENERAL MEETING RESOLUTIONS MEETING 3
Slide 4: Constitution of the Meeting
CONSTITUTION OF THE MEETING Our scrutineers, Computershare, confirm a quorum is present and the meeting is properly constituted. 4
Slide 5: Notice of the Annual General Meeting
NOTICE OF THE ANNUAL GENERAL MEETING The 9th Notice of AGM and the audited Annual Financial Statements for the year ended 31 December 2025, including the reports of the Directors and the Audit and Risk committee, were distributed to shareholders on 29 April 2026. 5
Slide 6: Presentation of Annual Financial Statements & Other Committee Reports
PRESENTATION OF ANNUAL FINANCIAL STATEMENTS & OTHER COMMITTEE REPORTS • 17 March 2026: Annual Financial Statements for the year ended 31 December 2025 were published. • 29 April 2026: Integrated Annual Report for the year ended 31 December 2025 was published, including the Transformation, Social and
Slide 7: Ordinary Resolutions
ORDINARY RESOLUTIONS ORDINARY RESOLUTION NO. 1. – To appoint Mr Khati Mokhobo as a Director ORDINARY RESOLUTION NO. 2. – To appoint Mr Gerrie Fourie as a Director ORDINARY RESOLUTION NO. 3. – To re-elect Dr Busisiwe Vilakazi as a Director ORDINARY RESOLUTION NO. 4. – To re-elect Dr Tom Brown as a Di
Slide 8: Ordinary Resolutions Continued
ORDINARY RESOLUTIONS CONTINUED ORDINARY RESOLUTION NO. 5. – To re-appoint Ms Mathukana Mokoka as a member and chairperson of the Audit & Risk Committee of the Company ORDINARY RESOLUTION NO. 6. – To re-appoint Dr Busisiwe Vilakazi as a member of the Audit & Risk Committee of the Company ORDINARY RES
Slide 9: Ordinary Resolutions Continued
ORDINARY RESOLUTIONS CONTINUED ORDINARY RESOLUTION NO. 9. – To re-appoint Dr Busisiwe Vilakazi as a member and chairperson of the Transformation, Social and Ethics Committee of the Company ORDINARY RESOLUTION NO. 10. – To re-appoint Dr Divya Singh as a member of the Transformation, Social and Ethics
Slide 10: Ordinary Resolutions Continued
ORDINARY RESOLUTIONS CONTINUED ORDINARY RESOLUTION NO. 13. – On 22 May 2026, the South African President brought into operation a Approval of share repurchases by the Company and its subsidiaries number of additional provisions of the Companies Amendment Act, not ORDINARY RESOLUTION NO. 14. – previo
Slide 11: Special Resolutions
SPECIAL RESOLUTIONS SPECIAL RESOLUTION NO. 1. - Remuneration of chairperson of the Board SPECIAL RESOLUTION NO. 2. - Remuneration of members of the Board SPECIAL RESOLUTION NO. 3. - Remuneration of chairperson of the Audit and Risk Committee SPECIAL RESOLUTION NO. 4. - Remuneration of members of the
Slide 12: Special Resolutions Continued
SPECIAL RESOLUTIONS CONTINUED SPECIAL RESOLUTION NO. 5. - Remuneration of chairpersons of the Remuneration and Nominations Committee SPECIAL RESOLUTION NO. 6. - Remuneration of members of the Remuneration and Nominations Committee SPECIAL RESOLUTION NO. 7. - Remuneration of chairperson of the Transf
Slide 13: Special Resolutions
SPECIAL RESOLUTIONS SPECIAL RESOLUTION NO. 9. - General authority to provide inter-company financial assistance SPECIAL RESOLUTION NO. 10. - General authority to provide financial assistance for the subscription for and/or the acquisition of shares in the Company or a related or inter-related compan
Slide 14: CEO's Feedback
CEO’S FEEDBACK CHRIS VORSTER CHIEF EXECUTIVE OFFICER 14
Slide 15: Our purpose is to empower the nation by widening access to quality higher education
OUR PURPOSE IS TO EMPOWER THE NATION BY WIDENING ACCESS TO QUALITY HIGHER EDUCATION THROUGH OUR 3 DISTINCT PRIVATE HIGHER EDUCATION INSTITUTIONS UNDERPINNING ALL DECISIONS IS OUR COMMITMENT TO OUR WWS WIDENING ACCESS - WORLD OF WORK - STUDENT CENTREDNESS 15
Slide 16: Proven track record of delivering value to shareholders
WE HAVE A PROVEN TRACK RECORD OF DELIVERING VALUE TO SHAREHOLDERS 18.4 cps 10.0cps 15.1 cps 8.9cps 4.7cps - - 253 Dividend per share in cents 16
Slide 17: Strong financial results – year ended Dec 2025
STRONG FINANCIAL RESULTS – YEAR ENDED 31 DEC 2025 17
Slide 18: Supported by a solid statement of financial position
SUPPORTED BY A SOLID STATEMENT OF FINANCIAL POSITION DEC DEC 2424 DEC 25 DEC 25 SUMMARISED SUMMARISEDSTATEMENT STATEMENT OF FINANCIALPOSITION OF FINANCIAL POSITION R R millions R millions millions R millions Total assets 2 389 2 675 • Invested R303m on capital expenditure Property, plant and equipme
Slide 19: Underpinned by academic quality
UNDERPINNED BY ACADEMIC QUALITY • Graduation numbers increasing annually - multiple graduation ceremonies held across the country, with numerous Doctorates graduating (up from prior year) 8 103 9 079 12 120 7 498 2022 2023 2024 2025 • Module Success rates continue to exceed targets: * The postgradua
Slide 20: And continued academic excellence
AND CONTINUED ACADEMIC EXCELLENCE • Research outputs continued to grow – up 22% in 2025 • Our international and local partnerships deepened as well as international accreditations • Continued focus on world of work and bringing industry into the classroom • Incorporation of AI into the teaching and
Slide 21: University status under new regulations
HOW DO WE THINK ABOUT THE NEW REGULATIONS FOR PRIVATE HIGHER EDUCATION INSTITUTIONS BECOMING A UNIVERSITY? UNIVERSITY COLLEGE UNIVERSITY HIGHER EDUCATION COLLEGE TARGETED INSTITUTIONAL TYPE CONSIDERING OFFERINGS WE WILL BE A UNIVERSITY ONCE REGULATIONS ALLOW 21
Slide 22: Update on 2026 Semester 1 student numbers
UPDATE ON 2026 SEMESTER 1 STUDENT NUMBERS DISTANCE LEARNING CONTACT LEARNING 8% 15% 52,500 47,750 9,000 8,104 44,179 45,000 40,702 7,500 7,018 37,067 6,081 6,269 6,322 37,500 33,505 5,921 5,662 5,807 29,199 6,000 5,402 30,000 4,755 25,145 20,932 22,199 4,500 22,500 18,997 3,000 15,000 7,500 1,500 0
Slide 23: Student number highlights
STUDENT NUMBER HIGHLIGHTS • STADIO Higher Education’s overall growth was outstanding (>18%), with distance learning in South Africa showing solid growth • B2B continues to lag impacting overall distance learning numbers, as well as Namibian announcement of free higher education • Film industry is sl
Slide 24: Student growth continues – on track to reach pre-listing statement 56 000 students
STUDENT GROWTH CONTINUES – ON TRACK TO REACH PRE-LISTING STATEMENT 56 000 STUDENTS TARGET: 80% DISTANCE LEARNING 20% CONTACT LEARNING 8% annual growth required 840 12 976 53 303 55 854 56 000 80 000 100 000 + STUDENTS STUDENTS STUDENTS STUDENTS STUDENTS * STUDENTS STUDENTS Jan Oct Dec JUN^ 2026 2030
Slide 25: Our growth strategy is solid – we're starting to focus on new pillars
OUR GROWTH STRATEGY IS SOLID - WE’RE STARTING TO FOCUS ON NEW PILLARS EXPLORING OPENING NEW NEW MARKETS, COMPREHENSIVE OPPORTUNITIES, TAKING OPENING CAMPUS & & NEW MARKET PROGRAMMES NEW OPTIMISING SEGMENTS ACCREDITING TO NEW SITES FACULTIES EXISTING NEW OF DELIVERY & SCHOOLS CAMPUSES eat vars eee EX
Slide 26: What we've done
WE HAVE BIG GROWTH ASPIRATIONS - THIS IS THE YEAR OF INVESTMENT . . . • New leadership structures introduced • New innovative Academic model at STADIO Higher Education – enable scale without sacrificing quality • Milpark invested in Immersive Online Learning & relaunched Business School WHAT WE'VE D
Slide 27: Where we're going
… ENABLING ACCELERATED GROWTH FOR THE FUTURE • We will achieve university status • First-choice institutions and household brand WHERE WE’RE GOING • New in-demand qualifications and Schools – ensuring relevance and employability • Supreme student experience • Exploring alternative growth opportuniti
Slide 28: Champions study with STADIO
CHAMPIONS STUDY WITH STADIO… WE’VE PARTNERED WITH THE SPRINGBOKS AS THEIR OFFICIAL HIGHER EDUCATION PARTNER 16 STADIO STUDENTS IN THE JUNIOR SPRINGBOK SQUAD OF 31 . . . 28
Slide 29: Durbanville campus exceeded expectations
DURBANVILLE CAMPUS EXCEEDED EXPECTATIONS AND REGISTERED OVER 1 300 TOTAL STUDENTS IN 2026 29
Slide 30: Affordable student accommodation options
AFFORDABLE STUDENT ACCOMODATION OPTIONS AVAILABLE FOR OUR STUDENTS AT ALL CAMPUSES – EG: DURBANVILLE RIVERGLO BY STUDENT LC RESIDENCES TO OPEN IN 2027 30
Slide 31: TSEC feedback: ESG principles remain core to our offerings
TSEC FEEDBACK: ESG PRINCIPLES REMAIN CORE TO OUR OFFERINGS 34.6% 53 303 5 113 graduates 400+ reduction in net carbon students supported, with have become shareholders students helped through the emissions (Scope 2) 12 120 graduates in the year through STADIO Khulisa STADIO Kusasa bursary trust Stude
Slide 32: We're at an inflection point
WE’RE AT AN INFLECTION POINT • Foundation-building phase is largely completed • We will reach our Prelisting Statement promise of 56 000 students in 2026 • We have a solid track record • Year of building capacity • Year of investment • Market expects 80 000 students by 2030 – we want more TIME TO AC
Slide 33: We've taken the next key steps
WE’VE TAKEN THE NEXT KEY STEPS IN OUR JOURNEY TO 100 000 + STUDENTS THE FUTURE AWAITS 33
Slide 34: Our investment will enable student growth exceeding 100 000
OUR INVESTMENT WILL ENABLE STUDENT GROWTH EXCEEDING 100 000 8% annual TARGET: 80% DISTANCE LEARNING growth required 20% CONTACT LEARNING 840 12 976 53 303 56 000 80 000 100 000 ? STUDENTS STUDENTS STUDENTS STUDENTS STUDENTS * STUDENTS STUDENTS Jan Oct Dec 2026* 2030 Not so far 2017 2017 2025 Future
Slide 35: Questions & Answers
‘ ) QUESTIONS =, _ is & ANSWERS ih, cles ee oe See ese © “see eee eee a2? 2. 000. ale? 2. 020. cee eee SU. a Rie