Pro forma supplementary information is included regarding the effects of the translation of foreign operations on the Group as well as the effect of restructuring costs on EBITDA. Pro forma financial information is included for the Group's revenue for the current reporting period had it been translated at the average foreign currency exchange rates of the prior reporting period and for the Group's EBITDA had restructuring costs not been incurred.

The Group has translated its revenue for the current reporting period using average foreign currency exchange rates of the prior reporting period ("constant currency financial information"). The Group has adjusted its EBITDA to exclude restructuring costs ("adjusted EBITDA"). This constitutes pro forma financial information in terms of the JSE Listings Requirements.

The pro forma financial information has been compiled for illustrative purposes only and is the responsibility of the Datatec directors. Due to the nature of this information, it may not fairly present the Group's financial position, changes in equity and results of operations or cash flows.

The pro forma information has been compiled in terms of the JSE Listings Requirements and the Revised Guide on Pro Forma Information by SAICA. The Group's external auditor, PwC, has issued an unmodified assurance report, in terms of ISAE 3420 Assurance Engagements to Report on the Compilation of Pro Forma Financial Information in a Prospectus on 24 May 2021. Refer to the following pages for their unmodified reporting accountant's report thereon.

To determine the revenues in constant currency terms, the current financial reporting period's monthly revenues in local currency have been converted to US Dollar at the average monthly exchange rates prevailing over the same period in the prior year. The average exchange rates of the Group's material currencies are listed below:

Average US Dollar exchange rates		Year ended 28 February 2021	Year ended 29 February 2020
British Pound/US Dollar		1.30	1.27
Euro/US Dollar		1.16	1.11
US Dollar/Brazilian Real		5.39	4.06
US Dollar/Australian Dollar		1.41	1.46
US Dollar/Singapore Dollar		1.37	1.37
US Dollar/South African Rand		16.47	14.67

CONSTANT CURRENCY FINANCIAL INFORMATION

		Year ended 28 February 2021
US$’000		Revenue	Pro forma  Group  Revenue	Constant  currency  % change
Datatec Group		(4 109 463)	(4 184 869)	(0.7%)
Logicalis		(1 449 543)	(1 550 953)	(7.8%)
Westcon International		(2 585 678)	(2 559 685)	3.5%

ADJUSTED EBITDA

To determine adjusted EBITDA, restructuring costs have been excluded.

US$’000		Year ended 28 February 2021	Year ended 29 February 2020
EBITDA		118 632	158 657
Restructuring costs		22 378	–
Adjusted EBITDA		141 010	158 657

There were no restructuring costs incurred in FY20.