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Profit Warning Announcement - Update

22nd Oct 2026 07:00

RNS Number : 9185Z

Kakuzi Ld

22 October 2026

PROFIT WARNING ANNOUNCEMENT

Consistent with the provisions of Paragraph 14.5.7 of the Thirteenth Schedule of the Capital Markets (Public Offers, Listing and Disclosures) Regulations, 2023, Kakuzi Plc ('The Group') issues this updated profit warning notice and cautionary statement to our current and potential investors as well as the general public.

Further to our profit warning announcement of 25th August 2026, in which we advised that earnings for the year may be at least 25% lower than the previous year, the Board in its latest review expects net earnings to be significantly below the previous year as a result of the continued downturn in the macadamia market and a lower macadamia crop.

By order of the Board

NICHOLAS NG'ANG'A

CHAIRMAN

21ST OCTOBER 2026

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