Sharon Wapnick will resign as a director of the Company and as Chairperson of the Remuneration and Nominations Committee with effect from 30 September 2026. Changes to Board Committee Chairpersons Suresh Kana, currently the Lead Independent Director and a member of the Remuneration and Nominations Committee, will assume the role of Chairperson of the Remuneration and Nominations Committee with effect from 1 October 2026. With effect from the same date, Suresh will step down as Chairperson of the Social and Ethics Committee, while continuing to serve as a member of that Committee. Megandra Naidoo, currently a member of the Social and Ethics Committee, will assume the role of Chairperson of the Social and Ethics Committee with effect from 1 October 2026. Appointment of an additional independent non-executive director The Board has commenced a process to identify and appoint an additional independent non-executive director. Shareholders will be advised by way of a further announcement once the appointment has been made.

Ruben Moggee, who has served as Chief Executive Officer of the Nutun International division since November 2024, will step down from this role, and as co-Chief Executive Officer of Nutun, with effect from 30 September 2026. Ruben will remain on the board of Nutun and will transition from an executive to a non-executive director. With effect from 1 October 2026, Hans Zachar will be appointed Chief Executive Officer of Nutun International and co-Chief Executive Officer of Nutun. Hans will also be appointed as an executive director of the company with effect from the same date. With effect from 30 September 2026, Roberto Rossi will step down as a non-executive director of the company.

Nutun informed shareholders that, following a request-for-proposal process, the Audit and Risk Committee has recommended and the board approved the appointment of BDO South Africa Incorporated ('BDO') as the new external auditor for the year ending 30 September 2026, with Garron Chaitowitz as audit partner. The change, effective from 5 June 2026, is due to commercial reasons. Shareholders will be asked to approve this appointment at the 2027 AGM.

Continuing operations Gross profit from the provision of services slightly decreased to R326 million (R393 million) while net income from purchased book debts increased to R69 million (R53 million). Loss for the period attributable to ordinary equity holders of the parent improved to R63 million (loss: R122 million). Furthermore, headline loss per share was reported higher at 8.1 cents per share (loss: 17.2 cents per share). Dividend As communicated in FY 2023, cash dividends have been suspended, with no cash dividend being declared in the current period. Company outlook The simplified group is focused on two priorities. The first is profitability over the short-to-medium term. The second is sustainable high-quality growth over the long term. Operational performance during the period was strong, particularly for Nutun South Africa. Earnings were however adversely affected by Rand strength and accelerated amortisation driven by forward looking macro-economic assumptions including an elevated interest rate forecast relative to our expectations. Balance sheet and liquidity The group's funding covenants are comfortably complied with and have approximately R0.8 billion in unutilised facilities as 31 March 2026. Nutun South Africa The business continues to streamline its operations, simplify its client approach and optimise its collections framework and associated technology infrastructure. It has been able to invest in PBD and RTC portfolios at healthy returns during the period. The ongoing acquisition of PBD and RTC portfolios on healthy commercial terms, combined with the acceleration of amortisation of older books, continues to improve the embedded discount rate within the portfolio which will enable higher profitability in future years. The improvement in the macro environment however remains uncertain. The outlook remains positive, with confidence that the business will continue to build on the strong collection performance trend and achieve its book buying objectives over the medium term, supported by rigorous credit and risk mitigation policies performed throughout the valuation and acquisition processes. The demonstrable, albeit early-stage, success that the business has seen from the rollout of its Agentic AI solutions, which cover both interactive voice engagement and call insight analytics across its PBD portfolio and which leverage off a sizable data repository relating to consumer payment behaviour and health, will enable the business to accelerate the use of the proven technology into the remainder of its collection universe further enhancing the efficiency, effectiveness and profitability of its architecture. Nutun International While the business grew its billable seats during the period, the Rand strength exerted significant pressure on margins, the AI impact on contact centers started to drive down some inbound customer demand, and the current geopolitical environment continues to drive foreign exchange volatility. The BPO market remains highly competitive globally and although the majority of growth during the period came from existing client mandates, we have onboarded new strategic clients across the financial services and technology sectors. Operational service delivery, driving efficiencies and demonstrating practical innovation remains a key driver of client acquisition and retention. Nutun International continues to focus on diversification of its services to handle more complex matters, specifically focusing on providing end-to-end services in the recoveries space, benefitting from the Nutun South Africa experience and technology. Geographically, the group is investing for growth in the United Kingdom and United States. Short and medium term risks include the continued Rand strength exerting pressure on margins and uncertainty regarding the future of the Department of Trade and Industry incentives, which support the BPO industry. We have used the learnings from our South African business and commenced an AI and automation strategy across our operational platforms, which will yield measurable improvements in workforce productivity and cost efficiency. Through the deployment of AI-enabled tools in quality assurance, workforce management, people orchestration and certain customer facing functions, we are reducing our payroll-to-revenue ratio while simultaneously improving the proportion of billable advisors relative to non-billable support headcount. These structural efficiencies are expected to deliver sustained reductions in operating costs, including lower technology subscription expenditure, reduced physical infrastructure requirements, and an improved cost-to-serve per transaction. Management is confident that the progressive integration of AI into our service delivery model will enhance operating margins and strengthen our competitive positioning as a technology-led BPO partner of choice. Technology and AI The early but tangible benefits that AI can have on the group, as referred to above in both Nutun South Africa and Nutun International, are evident and investment will continue in this area.

The company has issued a statement regarding an interest in shares.