ADvTECH (ADH) investor relations material

Strategy and brand portfolio

• The 2024 agenda focused on defining the ambition, optimizing the brand portfolio, clarifying strategies and structures, and enabling focused execution; forward priorities now emphasize growth, university status, technology and African expansion.

• A new visual identity launched on 16 March 2026, and operations transitioned from the South Africa-specific domain to groupadvtech.com to reflect an expanding international footprint.

• Tertiary brands were consolidated around Emeris, Rosebank International, Vega, Capsicum and Waterfall; Rosebank International launched in May 2026.

• A 25% stake in MathU provides a board seat and exclusive access to current and future AI education solutions in all markets; MathU systems have been used in schools since 2023.

Tertiary growth and university readiness

• Postgraduate qualifications offered rose 65% from 48 in 2023 to 79 in 2026; tertiary academic staff with master’s degrees increased 27% to 852 and those with PhDs rose 44% to 241.

• Aggregated research output per capita across tertiary brands increased 79%, from 0.33 in 2023 to 0.59 in 2026.

• Distance qualifications expanded 95%, from 39 in 2023 to 76 in 2026; estimated private-sector distance market share reached 11.1%, up 82% from 2023.

• Six Rosebank International distance contact centres opened in 2026, offering 800 work bays at 97% utilisation; Durban and Mbombela centres are planned for 2027.

• Future priorities include securing university status for Emeris and Rosebank International, adding high-demand qualifications, growing research and increasing staff qualification levels.

Capacity and African expansion

• Emeris Sandton and Nelson Mandela Bay campuses opened in January 2026 with capacities of 9,000 and 4,500 students, respectively.

• A planned KwaZulu-Natal Emeris/Vega campus is scheduled to open in 2029, with capacity for 10,500 students, a 1,000-bed residence and sports facilities; it will consolidate regional campuses.

• Ethiopia entered the international school portfolio through the 2024 acquisition of five established Addis Ababa schools, serving 3,000 students and employing 450 staff.

• Rosebank International University College in Ghana opened in January 2026; first-year enrolments are ahead of its business case, capacity is 350 with an ultimate 900, and full university status is targeted for 2027.

• Makini Runda enrolment rose 27% from 1,160 at acquisition to 1,470; redevelopment is planned to increase capacity to 3,150, while Makini Statehouse expansion is set to increase capacity from 280 to 575 by January 2027.