PEPKOR HOLDINGS LTD

PEPKOR HOLDINGS LTD Organogram

Pepkor Holdings Ltd is a non grocery retailer that focuses on discount, value and specialised goods. The Pepkor group provides clothing, footwear, homeware, general merchandise, cellular products, furniture, appliances, consumer electronics and financial services in 10 countries, including Angola, Botswana, Brazil, Lesotho, Mozambique, Malawi, Namibia, South Africa, Eswatini and Zambia.

The group is organised into business units based on products and services through the following segments:

Traditional Retail with a total of 6,158 stores as at 30 September 2025:
• Clothing and General Merchandise, which includes all clothing, footwear, homeware and cellular products has a total of 5,233 stores:
- Choice Clothing - comprises 105 stores with 700 employees across South Africa and Namibia
- Pep - comprises 2,693 stores with 18,000 employees across South Africa, Botswana, Lesotho, Namibia, Eswatini.
- Pep Africa - comprises 223 stores, with 1,600 employees across Angola, Malawi, Mozambique, and Zambia.
- Ackermans - comprises 1,036 stores with 8,700 employees across South Africa, Botswana, Lesotho, Namibia, and Eswatini.
- Pepkor Speciality, comprises 977 stores with 4,700 employees which includes Ayana, Dunns, Refinery, Code, 8 S.P.C.C., Shoe City stores and Tekkie Town stores across South Africa, Botswana, Lesotho, Namibia, Eswatini.
- Pep Clothing (PepClo) is the group's owned large manufacturing operation of basic apparel that provides products to PEP, Ackermans, Dunns and CODE. It produces most of Pep's schoolwear and has expanded to include underwear and flipflops.
- Avenida - Brazilian value retailer comprises 199 stores with 2,900 employees in Brazil.

• Pepkor Lifestyle - provides furniture, appliances and electronics and comprises 925 stores with 6,200 employees across South Africa, Botswana, Lesotho, Namibia, Eswatini, and Zambia. Brands include:
- Home: Dunns, Refinery, Shoe City, CODE, Ayana, S.P.C.C and Tekkie Town - 770 stores
- Tech: Incredible and HiFiCorp. - 155 stores

• FinTech (brands include A+. Connect, Foneyam, Capfin and Abacus). Services offered include:
- Credit: Tenacity supports the Ackermans, PEP and Pepkor Speciality CGM brands in terms of interoperable credit sales across brands through store cards to customers.
- Connect: Provides credit through instalment sale receivables to the furniture, appliances and electronics brands.
- Lending: Capfin provides unsecured credit to customers under the Capfin brand and has 373,000 current loans.
- Insurance: Abacus provides insurance products via its subsidiaries to customers of the group.

• Informal Market
This segment includes the retail and sale of complementary financial services and products to online customers through Flash, a technology-driven B2B business. Using smart technology, traders can offer customers access to virtual products and services such as mobile data, airtime, prepaid electricity, money transfers, bill payments, streaming services and gaming.