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Spur Corporation Ltd is an investment holding company for its subsidiaries which are involved in franchised restaurant and marketing activities, procurement, manufacturing and restaurant operations. The group’s sauce manufacturing facility supplies franchisees with signature sauces, including brand-specific sauces for home use. The decor manufacturing facility designs and produces fixtures and fittings for the group’s restaurants. Through its subsidiaries Spur Group (Pty) Ltd, Nikos Franchise (Pty) Ltd, RocoMamas Franchise Co (Pty) Ltd, Steak Ranches International BV and Spur Corporation Australia (Pty) Ltd, the group carries on the business of franchisor in predominantly the family sit-down and quick service restaurant markets in South Africa, Australia, New Zealand, Mauritius, the Middle East, India and certain African countries. Through its subsidiaries Spur Advertising (Pty) Ltd, Panarottis Advertising (Pty) Ltd, John Dory's Advertising (Pty) Ltd, RocoMamas Advertising (Pty) Ltd, The Hussar Grill Advertising (Pty) Ltd, Nikos Advertising (Pty) Ltd, Spur Advertising Namibia (Pty) Ltd, Panarottis Advertising Australia Pty Ltd and Steak Ranches International BV, the group provides marketing and promotional services to franchisees. A subsidiary of the company, Spur Group Properties (Pty) Ltd, owns certain properties which are owner-occupied, and Share Buy-Back (Pty) Ltd holds treasury shares as authorised by shareholders by way of special resolution on an annual basis. As at 30 June 2023, the group had a total of 639 franchised including 4 company-owned restaurants, with 549 located in South Africa and 90 in international countries comprised as follows: • Spur Steak Ranches (including 5 Spur Grill & Go): 304 national and 30 international • Panarottis: 78 national and 35 international • John Dory's: 42 national and 2 international • RocoMamas (including 3 RocoGo): 85 national and 22 international • Speciality brands comprise The Hussar Grill, Casa Bella, and Nikos: 40 national and 1 international Africa (including Mauritius) comprised 82 restaurants as follows: • Botswana: 4 • Eswatini: 5 • Kenya: 7 • Ghana: 3 • Namibia: 11 • Nigeria: 8 • Zambia: 27 • Zimbabwe: 3 • Mauritius: 14 The groups virtual brands, Just Wingz, Pizza Pug, Reel Sushi, Bento, RibShack Rocofellas and Char Grill Chicken, are only available for online ordering and delivery. The group offers the Spur Family Club, Panarottis Rewards and John’s Club loyalty programme membership which has 1.8 million active customers.