KAP013 KAP014 KAP017 KAP11 KAP016 KAP007 KAP012 KAP006 KAP015 Unaudited results for the six months ended 31 December 2020 - KAP KAP INDUSTRIAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1978/000181/06) JSE alpha code: KAP (KAP or the Company) UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2020 1. SALIENT FEATURES From continuing operations Revenue decreased by 1% to R12 114 million, from R12 243 million in the prior corresponding period. Operating profit before capital items decreased by 6% to R1 104 million, from R1 175 million in the prior corresponding period. Headline earnings per share (HEPS) increased by 2% to 23.0 cents per share, from 22.5 cents per share in the prior corresponding period. Earnings per share (EPS) increased by 8% to 24.4 cents per share from 22.5 cents per share in the prior corresponding period. From continuing and discontinued operations Revenue decreased by 3% to R12 251 million, from R12 673 million in the prior corresponding period. Operating profit before capital items decreased by 10% to R1 026 million, from R1 144 million in the prior corresponding period. HEPS decreased by 3% to 20.6 cents per share, from 21.3 cents per share in the prior corresponding period. EPS increased by 3% to 22.1 cents per share, from 21.5 cents per share in the prior corresponding period. Net asset value per share decreased by 19% to 386 cents per share, from 474 cents per share in the prior corresponding period. In line with historic practice, the board of directors has not declared an interim dividend. This short-form announcement has not been audited or reviewed. 2. SHORT-FORM ANNOUNCEMENT This short-form announcement is the responsibility of the directors of the Company. It contains only a summary of the information in the full announcement (Full Announcement) and does not contain full or complete details. The Full Announcement can be found at https://senspdf.jse.co.za/documents/2021/JSE/ISSE/KAP/Interim21.pdf The Full Announcement is also available for viewing on the Companys website at https://kap.co.za/wp-content/uploads/2021/02/kap-unaudited-results-for-the-six-months- ended-31-december-2020.pdf or may be requested in person, at the Companys registered office or the office of the sponsor, at no charge, during office hours. Any investment decisions by investors and/or shareholders should be based on consideration of the Full Announcement, as a whole. 23 February 2021 Debt Sponsor Nedbank Corporate and Investment Banking Date: 23-02-2021 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.