TRADING STATEMENT

FOR THE HALF YEAR ENDED 30 JUNE 2023

In compliance with the Listing Rules of the Malawi Stock Exchange (MSE), a listed company is required to publish a trading statement as soon as there is a reasonable degree of certainty that the financial results for the period to be reported upon will differ by at least 20% compared to the previous corresponding period.

MPICO plc is informing all shareholders and the public that the Group's reported profit for the half year ended 30 June 2023 is expected to be at least 120% higher than the previous corresponding period.

Please note that the information on which the trading statement is based has not been reviewed or reported on by the external auditors.

BY ORDER OF THE BOARD

CHIFUNDO KALAILE

COMPANY SECRETARY

30 June 2023

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MPICO plc published this content on 30 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2023 07:08:04 UTC.