DATATEC LIMITED — Earnings Release 2026

Mar 31, 2026

Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: JSE: DTC
OTCQX: DTTLF
("Datatec" or "Group")

TRADING UPDATE FOR THE YEAR ENDED 28 FEBRUARY 2026

Datatec, the international Information and Communications Technology (ICT) company, today provides a trading update for the year ended 28 February 2026 ("FY26"). Comparative references are made to the year ended 28 February 2025 ("FY25").

The Group built on the strong operational and financial performance reported for the first half of FY26 and continued to benefit from demand for the Group's technology solutions and services.

As indicated in the results announcement for the 6 months ended 31 August 2025 and published on 30 October 2025, an increasing proportion of software and services is accounted for on a net* basis, which affects comparability of reported revenues with prior periods. Consequently, the Board believes that gross profit continues to offer a more accurate reflection of the underlying performance and growth of the business across periods.

Group gross profit for FY26 is expected to be approximately US$998 million (FY25: US$910 million), representing a year-on-year increase of 10%.

Divisional gross profit for FY26 is expected to be as follows:

| Gross profit | FY26
US$ million | FY25
US$ million | Increase / (Decrease)
% |
| --- | --- | --- | --- |
| Westcon International | 499 | 441 | 13 |
| Logicalis International | 386 | 357 | 8 |
| Logicalis Latin America | 105 | 104 | 1 |
| Corporate and Management Consulting | 8 | 8 | 0 |
| Total gross profit | 998 | 910 | 10 |

Westcon International continued to deliver a very strong financial performance during the second half of FY26, whilst Logicalis International delivered an exceptional performance. Logicalis Latin America had a slight improvement in gross profits and its overall financial performance continued to improve compared to FY25.

The financial information on which this trading update is based has not been reviewed nor reported on by the Group's external auditors.

The Group intends to release its FY26 results on SENS on or about 26 May 2026.

---

Johannesburg
31 March 2026

Sponsor
Pallidus Exchange Services Proprietary Limited

*Revenue from sales arrangements where the Group acts as agent is recognised on a net basis and only the commission or gross profit earned on these contracts is recognised as revenue. Where the Group is deemed to be acting as a principal, revenue is recognised on a gross basis.