Full Year 2025 Nampak Ltd Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: James Twyman - Prescient Securities - Analyst : Phil, before I ask my question, I think as you depart your executive role, it's important for other people as well also to recognize the huge role you've played in saving this company. It is an important company for shareholders. But much more importantly, I think it's a hugely important company in oiling the wheels of this economy. And therefore, I think the -- what's happened over the last three years is hugely important. And as someone who's analyzed this company for 30 years, I just wanted to say that. LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies. DECEMBER 08, 2025 / 8:00AM, NPKJ.J - Full Year 2025 Nampak Ltd Earnings Call

Question: James Twyman - Prescient Securities - Analyst : Okay. And -- but a couple of more basic questions. I think two of the interesting things from these results. Firstly, the situation with the ends business. Could you just talk around just how important the ends business is? So what the risks and rewards are there? And then secondly, in the Angolan business, it's great to see that business improving. It's got huge potential. You mentioned the DRC there. Now that used to be a huge part of the business. And the fact that you're mentioning that, could you just talk around what the possibilities are around that business? And then I just wanted to not ask a question, but just mention the footnote that Glenn mentioned about the fact there's no US dollar debt. It's a very small comment, but it's a huge change over the last three years again in terms of giving this company future.