Slide 1: Annual Results Presentation
Trellidor Holdings Limited 30 June 2026 Annual Results Presentation 11 September 2026 | 10:00 | Hosted by PSG Capital WELCOME We will begin shortly holdings.trellidor.co.za
Slide 2: Summarised Audited Consolidated Annual Results
TRELLIDOR HOLDINGS LIMITED SUMMARISED AUDITED CONSOLIDATED ANNUAL RESULTS FOR THE YEAR ENDED 30 JUNE 2026
Slide 3: Operational Review
OPERATIONAL REVIEW DAMIAN JUDGE Group Chief Executive Officer
Slide 4: FY26 at a Glance
FY26 AT A GLANCE Portfolio simplified Debt reduced Cost reduction programme Disposal programme completed; focus R21.6 million reduction in debt— lower R16.8 million annualised cost reduction concentrated on the Trellidor platform. balance-sheet gearing. with FY27 carry-through. RSA B2B demand grew H
Slide 5: FY26 in Context
FY26 IN CONTEXT Market and trading pressure Management response Position entering FY27 • Weak consumer demand in RSA • Disposal programme completed and • Focused operating platform centred on portfolio simplified Trellidor • UK project revenue normalised against the prior-year comparator • Debt redu
Slide 6: A More Focused Trellidor
A MORE FOCUSED TRELLIDOR Following the disposal programme, management focus is concentrated on the Trellidor brand and platform. Durban Manufacturing Platform RSA and Africa RSA Corporate United Kingdom Ghana Non-residential B2B Franchise network branches
Slide 7: Growth Where We Are Already Winning
GROWTH WHERE WE ARE ALREADY WINNING RSA B2B demand grew year on year in FY26 • Existing manufacturing and installation capability • Established commercial relationships • Encouraging project activity across sectors • FY27 supported by a new product set introduced at the end of FY26 13.6% FY25 FY26
Slide 8: Expanding Market Reach
EXPANDING MARKET REACH Additional distribution outlets extend reach without duplicating the full franchise cost base • Hub-and-spoke model gaining momentum across RSA • Improves geographic coverage • Adds selling capacity close to demand • Supports — and does not replace — franchise-led growth 49 hu
Slide 9: Unlocking Operational Gearing
UNLOCKING OPERATIONAL GEARING Manufacturing capacity Franchise and distribution network Incremental revenue and margin opportunity Installer capability Trellidor brand equity Incremental revenue growth can be supported without recreating the operating platform.
Slide 10: Why FY27 Can Improve
WHY FY27 CAN IMPROVE 1 2 3 Lower debt Lower finance costs Lower fixed costs 4 5 6 Growing RSA B2B demand Expanding hub-and-spoke New products leveraging distribution existing infrastructure 7 Little to no significant capital expenditure or acquisitions required
Slide 11: Financial Review
FINANCIAL REVIEW JENNIFER ERASMUS Group Chief Financial Officer
Slide 12: Financial Review
FINANCIAL REVIEW JENNIFER ERASMUS Group Chief Financial Officer
Slide 13: Salient Features for the Year
SALIENT FEATURES FOR THE YEAR Revenue Operating (loss) / profit EBITDA R292.7m (R11.1m) R0.5m FY25 R367.1m FY25 R39.8m FY25 R51.2m 20.3% 128.0% 99.0% Net asset value Net debt Cash generated from operations 162cps R56.8 R0.4m FY25 174cps FY25 R42.3m FY25 R92.0m 6.9% 34.3% 99.6%
Slide 14: Revenue Performance
REVENUE PERFORMANCE FY25 FY26 Revenue mix — FY26 68.5% 59.0% RSA Rest of Africa Rest of World 27.1% UK non-recurring project 16.7% 13.9% 14.8% FY25 Rest of World includes R56.0m from the non-recuring project work in the UK. RSA Rest of Africa Rest of World
Slide 15: Earnings per Share
EARNINGS PER SHARE FY26 vs HY22 FY22 HY23 FY23 HY24 FY24 HY25 FY25 HY26 FY26 FY25 Profit attributable to ordinary shareholders 24.1 0.4 25.6 3.5 20.4 34.4 28.0 (39.7) 0.6 (16.1) (59.5%) Adjusted for: Profit on disposal of property, plant and equipment (0.0) (0.0) - 0.5 - (0.1) - 0.3 - (0.3) Impairme
Slide 16: Group Balance Sheet
GROUP BALANCE SHEET 99.9 96.4 121.1 121.5 110.9 99.6 80.7 66.2 46.5 44.6 HY22 FY22 HY23 FY23 HY24 FY24 HY25 FY25 HY26 FY26 Debt MMMM Equity ——Debt/Equity ratio TRELLID@R } THE ULTIMATE CRIME BARRIER
Slide 17: Group Net Working Capital
GROUP NET WORKING CAPITAL 74.6 72.4 58.7 48.8 60.3 HY22 FY22 HY23 FY23 HY24 FY24 HY25 FY25 HY26 FY26 lm Inventory Trade Receivables mammTrade Payables -—=NWC TRELLIDOR J ‘THE ULTIMATE CRIME BARRIER
Slide 18: Group Summarised Cash Flow
GROUP SUMMARISED CASH FLOW 71.3 61.5 48.3 43.4 318 34.7 ne 25 ff a i. —_ 06 es (18.2) HY23 FY23, HY24 FY24 HY25, FY25 HY26 FY26 Headline Earnings after tax mi Cash from operating activities. Free cash flow TRELLIDOR ‘THE ULTIMATE CRIME BARRIER
Slide 19: Q&A
DAMIAN JUDGE JENNIFER ERASMUS GROUP CEO GROUP CFO Q&A holdings.trellidor.co.za