Calgro M3 Holdings Interim Results for 6 Month Ended 31 August 🔹Group revenue increased by 1.22% to R465 million from R460 million 🔹Headline earnings per share decreased by 4.67% to 78.99 cents from 82.86 cents, while earnings per share decreased by 4.83% to 78.99 cents from 83.00 cents 🔹Memorial Parks revenue increased by 20.04% to R47.81 million from R39.83 million 🔹Memorial Parks revenue growth was attributed to volume growth, with grave sale volumes up 16.21% and burials up 19.19% 🔹The Group held 1 724 serviced residential opportunities and 1 418 residential opportunities under construction and/or held in stock 🔹Approximately 55% of the 1 418 residential opportunities under construction and/or held in stock has been sold to rental investors through guaranteed off-take agreements 🔹Net asset value per share increased by 4.49% to R17.21 from R16.47 at February 2026 🔹Net debt to equity was 0.86 compared with 0.74 at February 2026 🔹The Group has accepted an offer to purchase the Cornubia non-core asset, and the buyer is within the due diligence period 🔹The Group expects the operating environment to remain constrained, with upcoming municipal elections expected to add complexity to approval and service delivery timelines in the near term 🔹The Bankenveld District City project remains on track for completion of phase 1 bulk and link infrastructure in Q1 FY 2028 🔹No interim dividend was declared for the period ended 31 August 2026 (2025: Nil)