Super : INTEGRATED REPORT

INTEGRATED REPORT

FOR THE YEAR ENDED 30 JUNE 2022

WHATTO EXPECT INTHIS

REPORT

CONTENTS

2 HOW THIS REPORT WAS COMPILED

5 UNDERSTANDING SUPER GROUP

14 THE CHAIRMAN'S VIEW OF 2022

18 GROUP CEO'S 2022 REPORT

23 UNPACKING THE OPERATING CONTEXT AND STRATEGY

1. ANALYSING THE 2022 PERFORMANCE

1. ENSURING ROBUST GOVERNANCE

87 REWARDING VALUE CREATION

101 APPENDICES

ABOUT THIS REPORT

Super Group's Integrated Report aims to provide a balanced, understandable and insightful view of the business. It offers a concise overview of the financial, operational and sustainability performance for the financial year ended 30 June 2022.

This report tells the Super Group value creation story, providing information that will enable an informed assessment of the ability to create sustainable value over time.

The report outlines the Group's governance and remuneration practices and illustrates the operating environment and the associated material matters, risks and opportunities. The report explains what sets the Group apart from its competitors and enables it to create sustainable value for its stakeholders.

THE SIX CAPITALS

The report does not explicitly provide disclosure against thesix capitals as defined in the IFRS Foundation's Integrated Reporting Framework, 2021 ( Framework). However, the Group carefully considers their impact onthe business and, conversely, the Group'simpact on them. This integrated

thinking is reflected in the strategy, business model, and approach to stakeholder relationships - all of which are outlined in the report.

INTEGRATED REPORT FOR THE YEAR ENDED 30 JUNE 2022

ABOUT SUPER GROUP

Together with blue-chip clients spanning multiple industries and continents, Super Group Ltd (Super Group or the Group) provides supply chain and mobility solutions that drive efficiency and bolster competitiveness in challenging markets and exacting industries.

Leveraging deep experience, world-class facilities and leading technology, the Group's supply chain, dealership and fleet businesses provide a comprehensive range of services and solutions.

2022 IN NUMBERS

Revenue increased	EBITDA increased	Operating profit before	Profit before tax increased
capital items increased
by 17.0% to	by 69.8% to	by 41.2% to
by 43.8% to
R46.24 billion	R7.03 billion	R2.50 billion
R3.27 billion
(2021: R39.52 billion)	(2021: R4.14 billion)	(2021: R2.27 billion)	(2021: R1.77 billion)

Dividend per share	Level 2	70%	78%
increased by 34.0% to	B-BBEE	of management positions
63 cents	African employees in
certification	South Africa	in South Africa held by
(2021: 47 cents)	retained		Black people

Earnings per share	Headline earnings	Cash generated from	Net asset value
per share increased	operations increased	per share increased
increased by 33.3% to
by 33.4% to	by 38.0% to	by 18.7% to
378.5 cents
380.7 cents	R4.76 billion	R38.40
(2021: 284.0 cents)
(2021: 285.4 cents)	(2021: R3.45 billion)	(2021: R32.35)

R5.8 billion	14 934 people	R21.1 million
in wealth distributed to	employed in	invested in corporate
employees	21 countries	social investment (CSI)

REPORTING SUITE

• The Integrated Report provides a concise overview of financial, operational and sustainability performance.
• The Annual Financial Statements provide detailed disclosure of the financial results, with audited financial statements prepared in accordance with International Financial Reporting Standards (IFRS).
• The Annual Results Announcement provides an overview of Super Group's performance and outlook to investors.
• The Notice of Annual General Meeting (AGM) sets out the notice of Super Group's AGM of shareholders to be held on 29 November 2022, together with the summarised report containing the required financial disclosures.
• The King IV Application Register provides information on the application of the principles of the King IV Report on Corporate Governance™ for South Africa, 2016 (King IV)1. It demonstrates how the Group's leadership, governance philosophy and structures support an ethical culture.

The reporting suite can be accessed at supergroup.co.za/investor-information/integrated-reporting/.

1Copyright and trademarks are owned by the Institute of Directors in South Africa NPC and all of its rights are reserved.

1

HOWTHIS REPORT WAS COMPILED

SCOPE AND BOUNDARY

The Integrated Report contains a range of information prepared in accordance with a diverse set of regulations and frameworks. These include IFRS, the Companies Act, 71 of 2008, as amended (the Companies Act), JSE Listings Requirements, JSE Debt Listings Requirements, King IV and the Framework. The Integrated Report extends beyond financial reporting to include non-financial considerations anddisclosures.

The report provides insight into the operating environment and the associated material matters, risks and opportunities. These material matters serve as a filter for determining the information to be included in this report. The material matters were identified through interviews with senior executives, risk management processes and stakeholder engagement. Matters raised through stakeholder engagement have been assessed in terms of the stakeholder's influence, legitimacy and impact.

When making materiality judgements, the Group Exco and Board assess all available information from both a quantitative and qualitative perspective and consider whether the matter could impact how the Group creates or erodes value over the short, medium and long term. Information pertaining to pertaining to material matters, operating environment and stakeholder engagement is disclosed in this report (read more on pages 24 to 31) and was approved by the Board of directors of Super Group Ltd (the Board).

ASSURANCE

The Board ensures the integrity of the Integrated Report through a robust integrated reporting process that encompasses reviews and approvals by Group Exco and the Board. Non-financial information is reviewed and approved by the relevant Board committees.

Supported by the Board committees, Group Exco and robust internal control systems, the Board is ultimately accountable for the accuracy and completeness of the information contained in the Integrated Report. The Board is satisfied with the reliability of the information presented in this report and did not obtain additional external assurance.

The Independent Auditor's Report can be found in the Annual Financial Statements which are available on Super Group's website at supergroup.co.za/investor-information/integrated-reporting/.

TLVT verification service, an accredited Broad-BasedBlack Economic Empowerment (B-BBEE)verification agency, has verified B-BBEEperformance and confirmed a Level 2 rating. The verification certificate is available at supergroup.co.za/transformation-b-bbee/.

Board approval

The Board acknowledges its responsibility for the integrity of this Integrated Report. In the Board's opinion, the report addresses all the matters that are material to the Group's ability to create value and fairly presents Super Group's integrated performance. This report was approved by the Board on 30 September 2022.

• Phillip Vallet (Chairperson)
• Peter Mountford (Chief Executive Officer)
• Colin Brown (Chief Financial Officer and Debt Officer)
• Valentine Chitalu (Lead Independent Non-Executive Director)
• David Cathrall
• Pitsi Mnisi
• Simphiwe Mehlomakulu

The Group welcomes feedback from stakeholders on this report and invites you to contact us should you have any questions or recommendations. Any queries should be addressed to Super Group's Investor Relations Executive:

Michelle Neilson

E-mail: [e-mail]

Tel: [phone]

DISCLAIMER

ThisIntegrated Report may contain forward-looking statements concerning the Group's strategy, financial conditions, growth plans and expectations. Such views involve both known and unknown risks, assumptions, uncertainties and important factors that could materially influence the actual performance of the Group. Therefore, no assurance can be given that these views will prove to be correct, and no representation or warranty expressed or implied is given as to the accuracy or completeness of such views.

2	INTEGRATED REPORT FOR THE YEAR ENDED 30 JUNE 2022

THE BOARD

EXECUTIVE DIRECTORS

Peter Mountford (64)

Colin Brown (53)

BCom, BAcc, HDip Tax, MBA

BCompt (Hons), MBL, CA(SA)

(with distinction, Warwick), CA(SA)

Chief Financial Officer and

Chief Executive Officer

Debt Officer

NON-EXECUTIVE DIRECTORS

Phillip Vallet (76)

Valentine Chitalu (58)

BA, LLB

ACCA (UK), M.Phil (UK)

Chairman

Lead Independent Non-Executive

Director

COMPILED WAS	REPORT THIS HOW
GROUP SUPER	UNDERSTANDING
2022 OF	CHAIRMAN'S THE
	VIEW
REPORT 2022	CEO'S GROUP

David Cathrall (65)

BCom, BAcc, CA(SA)

Independent Non-Executive Director

BCom (Hons) Acc,

Tax, CA(SA), Advanced Certificate

Emerging Markets and Country Risk

Analysis (Fordham University, New

MBA (Heriot-WattUniversity, Edinburgh, UK)

Independent Non-Executive Director

THE CONTEXT STRATEGY

			COMPANY SECRETARY		PERFORMANCE	THEANALYSING
	Simphiwe Mehlomakulu (52)
	BSc (Chemical Engineering), Post
	Diploma (Marketing Management), MBA
	(University of Witwatersrand), Stanford					ROBUST ENSURING
	Executive Programme (Stanford University		John Mackay (58)	GOVERNANCE
	of California, USA)
	Independent Non-Executive Director		Group Company Secretary
Roles and responsibilities
Group Audit	Group Risk	Remuneration	Social and	Deal	Nominations		VALUE REWARDING
Committee	Committee	Committee	Ethics Committee	Committee	Committee
						APPENDICES
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