Choppies clarifies reports on South African retail operations

Choppies Enterprises Limited has addressed "misleading and factually incorrect" press releases circulating in South African and African media. The company clarified that it is not the entity referred to as "Choppies Supermarkets South Africa Proprietary Limited" in reports discussing the disposal of retail stores to the Shingai Itai Consortium. Choppies confirmed that its own South African operations were divested in 2019.

Shareholders are reminded that the company's audited group financial results for the twelve months ended 30 June 2025 are available, providing comprehensive information about its financial performance. This announcement serves to correct any misinterpretations arising from recent media coverage.

Choppies maintains a primary listing on the BSE (Botswana Stock Exchange) and a secondary listing on the JSE. The company reiterated its commitment to keeping shareholders informed of all relevant developments in accordance with exchange requirements.