Purple : Trading Statement For The Six Months Ended 28 February 2022

Purple Group Limited

(Incorporated in the Republic of South Africa)

(Registration number 1998/013637/06)

Share code: PPE ISIN: ZAE000185526

("Purple Group" or "the Company")

TRADING STATEMENT FOR THE SIX MONTHS ENDED 28 FEBRUARY 2022

Purple Group is currently finalising its results for the six months ended 28 February 2022 ("the period"). In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, shareholders are advised that Purple Group is satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported upon will differ by more than 20% from that for the previous corresponding period, being the six months ended 28 February 2021 ("the prior period").

Shareholders are accordingly advised that for the period, the directors of Purple Group anticipate a basic earnings per share and headline earnings per share of between 1.60 cents and 1.66 cents, compared to basic earnings per share and headline earnings per share of 0.85 cents reported in the prior period, representing an increase of between 88% and 95%.

The profit attributable to owners of the Company has improved from a profit of R8.3 million in the prior period to a profit of between R17.4 million and R18.0 million for the period, an increase of between 109% and 117%.

The information above has not been reviewed or reported on by the Company's external auditors.

The Company's results for the six months ended 28 February 2022 are expected to be published on SENS on or about 11 April 2022.

Johannesburg 6 April 2022

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited