Printing SA Annual Report 2024/2025

ANNUAL REPORT 2024/2025

PLEDGE PRINTING SA pledge to abide by the association’s code of ethics and, to the best of their ability, act in a way that is consistent with the following values:

PROFESSIONALISM To maintain the highest appropriate standards of technology and employee skills

INTEGRITY To be honest and open in all my dealings

FAIRNESS To provide commensurate value for money at the highest quality

SUSTAINABILITY To ensure the best possible financial, social and environmental performance of the business

ACCOUNTABILITY To meet all my statutory obligations to all shareholders

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CONTENT

GENERAL INFORMATION ANNUAL REPORT Committee Members’ Responsibilities and Approval Committee Members’ Report Independent Auditor’s Report Statement of Financial Position Statement of Comprehensive Income

PRESIDENT’S REPORT

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40

MANAGING DIRECTORS NOTE

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NATIONAL TRAINING & DEVELOPMENT 14

42 43 44 47 48 49 50 51

ANNUAL MARKETING REPORT

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CENTRAL CHAMBER

32

CAPE CHAMBER

35

KWAZULU-NATAL CHAMBER

38

Statement of Changes in Equity

Statement of Cash Flows

Accounting Policies

Notes to the Consolidated Annual Financial Statements

54 58

Detailed Income Statement

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Simon T. Downes President Printing SA

PRESIDENT’S REPORT 2024

It gives me pleasure to present this brief report on the activities of the Organisation over the past financial year ending 31 December 2024. This year has been one of tumultuous impact for Printing SA as we conducted a series of reviews and implemented some significant changes that we felt were necessary to ensure that the organisation remains relevant and fit-for-purpose in these challenging times. The Managing Director’s Note covers the important changes to the operational structure that we deemed would streamline Printing SA and enable a more agile service to our members. What is not clearly evident are the many back-office initiatives that will allow us to better manage the affairs of the organisation. Some of these include: • Consolidation of all the Chambers’ bank accounts; • Placing of all the Organisation’s funds with a single investment house after a rigorous due diligence process;

• Reorganisation of the financial reporting systems and reports; • Investigation of the suitable outsourcing of training modules; • Investigation (ongoing) of all third-party service providers and where deemed suitable, changes to service providers, and • Right-sizing and restructuring of the staffing functions. We continue to look at ways of providing a better service to our members in the most cost-effective manner. In addition, we are mindful of the financial pressures placed on our members due to the very difficult prevailing economic situation, and we are carefully considering how best to utilise the funds that we deem excess to the long-term sustainability of Printing SA. In particular, we are very aware of the shortage of skills in the industry and the need to continually update and develop human capital in our industry.

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To this end, our executives are devoting major efforts in the design and implementation of training modules to bolster the quality and size of the skills base available to our members. Wherever possible, Printing SA will subsidise the cost of training, in terms of both module design and student attendance. Significant changes such as those made over the past two years are always stressful and difficult to implement. I wish to recognise the energy and intelligence that our MD, Jermaine Naicker has brought to bear in the implementation and management of the organisation and of these myriad changes. His workload and output have been remarkable. I also thank the entire staff of Printing SA for walking this path with us into a brighter future. Zayed Bagus was a special person who quietly and efficiently drove our technical core as Technical Director. His passing has been sorely felt by his colleagues and his fellow board members. We pay tribute to Zayed and acknowledge his enormous contribution to the organisation over the years.

Finally, I would like to thank my fellow board members for their diligence and wise counsel, and to thank the outgoing members (Andrew Tinker and Heilet Burger) for their service. A special mention must be made of Dr Felleng Yende, CEO of the FP&M SETA, and an honorary board member who has been so supportive of Printing SA. In closing, I congratulate Rajesh Lutchman as his appointment as the new president of your Organisation. Rajesh will bring a refreshing outlook and renewed energy to Printing SA, and will be hugely successful in this role.

Simon T. Downes

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Jermaine Naicker Managing Director

Managing Directors Note

1. Executive Summary A. Printing SA Board: In 2024, the Printing SA Board realised two resignations and one new appointment. The Board, chaired by Mr. Simon Downes (term ending June 2025), consists of representatives from regional Chambers and the FP&M SETA. Notable changes included the departure of Lucas McDowall and Dr. A.M. Mahomed, with Ruth Shogoe, Group Executive, Novus Print joining. B. Operational Activity: Printing SA’s core activities - Training, Consulting, Conferring, and Campaigning showed positive momentum: • Consulting: Revenue was 7% above budget despite a slight year-on-year decline, reflecting industry stability. • Training: Revenue declined by 14%, mainly due to issues with Discretionary Grant administration, but interventions are expected to yield improvements in 2025.

Skills programmes grew by 95%, and several initiatives are underway to enhance training quality and relevance. • Conferring: Events such as Golf Days, Annual Dinners, and the ‘Women in Print’ initiative saw increased attendance. The CEO Breakfast event promoted industry thought leadership. • Campaigning: Notable advocacy included successful interventions on the Employment Equity Amendment Bill and securing a 5% tariff on thermal roll imports. The Career Day initiative was launched to promote industry careers among youth. C. Financial Performance: The organisation achieved a surplus of R200,000, surpassing its breakeven budget. Investment income performed exceptionally well, and operational expenses were effectively managed.

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The following outgoing Board Members were noted: a. Lucas McDowall – Director, Trident Press b. Dr A.M Mahomed – CEO, Printing SA The following incoming Board Members were noted: c. Ruth Shogoe – Group Executive, Novus Print 3. Operational Activity Printing SA’s operations in 2024 were centred around its core pillars: Training, Consulting, Conferring, and Campaigning for the wellbeing of the industry. Throughout the year, several strategic adjustments were implemented, and the organisation’s operational activity reflected encouraging signs of growth and development. • Consulting Printing SA’s consulting services realised a marginal decline compared to the previous year but was overall 7% over budgeted revenue. Whilst this may seem as a negative, the dichotomy may be represented as a reduction in S189 consulting, which is a positive sign of industry stability. It is envisaged that 2025 will show similar results to 2024, but Printing SA envisages the introduction of new consulting services to support members and Printing SA’s training revenue realised a decline of 14% year-on-year, primarily attributed to the quagmire in our Discretionary Grant administration. Interventions are now in place and 2025 should realise a healthy inflow of Discretionary Grants from the FP&M SETA, which is a key strategic pin that supports industry training and development. Technical theoretical training for apprenticeships experienced a significant decline in revenue of 41%. However, this trend is recognised as cyclical, and we anticipate an improvement in 2025. In contrast, skills programmes demonstrated remarkable growth of 95% compared to 2024, reflecting the increasing demand among members to upskill in specialised occupational trades within the sector. aid revenue. • Training

Membership income was slightly below target, and event activities ended with a deficit, prompting corrective measures. D. Personnel: A significant restructure resulted in eight redundancies and five new positions created to align with organisational needs. Recruitment efforts filled key roles, and the process was completed by March 2024. E. Special Projects: Printing SA provided Quality Assurance for the IEC NPE 2024 Elections, generating substantial revenue and employing 45 staff for the project. Investec Wealth Management was appointed as the new investment manager, and banking operations were consolidated to First National Bank. F. Local and International Affiliations: Printing SA maintained its local affiliations with the FP&M SETA, Chambers of Commerce, and eWASA, and international affiliations with FESPA, World Print and Communication Forum (WPCF). 2. Printing SA Board In 2024, the Board of Printing SA recorded two resignations and welcomed one new member. The Board was chaired by Mr. Simon Downes, Chairman of the Shave & Gibson Group, whose term is set to conclude on 30 June 2025. The following Board Members were noted: a. Simon Downes – Chairman b. Leal Wright – Past President c. Andrew Tinker – Central Chamber d. Heilet van Staden – Central Chamber (joint f. Richard Downes – KwaZulu-Natal Chamber g. Dr Felleng Yende – FP&M SETA, honorary member h. Jermaine Naicker – Executive Director (Managing), Printing SA i. Zayed Bagus – Executive Director, Printing SA chairperson of Central Chamber) e. Ruth Shogoe – Cape Chamber

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Training remains a fundamental focus area for industry growth and sustainability. Printing SA has initiated a comprehensive range of projects to support this objective: 1. All Printing SA courses are being aligned with the Occupational Qualification Framework to ensure the relevance and quality of training into the future. 2. Industry awareness programmes are being implemented to prepare stakeholders for conducting training within the Occupational Qualification Framework. 3. Printing SA is set to introduce a Learning Management Information System (LMIS) to streamline and enhance its training operations. 4. Various cohorts of short, unaccredited courses are being developed to address the immediate needs of members. 5. A complementary group of lecturers is being integrated into Printing SA, strengthening each region with subject matter experts. 6. Training operations are being optimised to improve the overall learning experience, encompassing all aspects from administration through to graduation. These initiatives underscore Printing SA’s commitment to fostering industry excellence and supporting the ongoing professional development In 2024, Printing SA hosted a wide range of its traditional events, including Golf Days, Annual Dinners, and Business Forums, held nationally. There was a marked increase in member attendance and participation at these events, reflecting growing engagement within the organisation. A particularly noteworthy event was ‘Women in Print’, which seeks to acknowledge the transformative role of women in the Printing and Packaging industry. This event attracted the attention of the FP&M SETA, which honoured Printing SA with a prestigious award in recognition of its members. • Conferring

of its significant impact. The reputation of ‘Women in Print’ continues to grow, with increasing interest from industry stakeholders, government bodies, and international associations seeking partnerships. Another distinguished event was the CEO Breakfast, which fostered a strong sense of thought leadership among members. The purpose of this event was to encourage members to adopt a forward-thinking approach, thereby paving the way for the sustainability of their organisations. Dean Furman, a prominent AI futurist, delivered an insightful presentation on the latest developments in artificial intelligence, providing members with valuable perspectives and practical strategies to enhance their businesses in this evolving era. advancing the industry, promoting inclusivity, and supporting the professional growth of its members. • Campaigning The two major campaigning interventions supported by Printing SA were the Employment Equity Amendment Bill and the Thermal Roll import duty matters. Printing SA focused its resources on mitigating the adverse impact on industry proposed by the Employment Equity Amendment Bill through representations made to the Department of Employment and Labour (DoEL) – supported by Mooney Ford Attorneys. A positive outcome was realised in 2024 when the DoEL acceded to the demands made by industry and published better suited regulations for industry compliance. Printing SA together with thermal roll converters were also successful in securing a 5% tariff on thermal roll imports, which yielded positive results in 2024. As a result of this, a new thermal regulatory committee has been established to manage the thermal roll segment which ensures compliance. Printing SA also launched its Career Day initiative in 2024 with strong intent across KwaZulu-Natal, Gauteng, and Western Cape. This initiative is aimed at creating awareness for youth across Through these events, Printing SA has demonstrated its ongoing commitment to

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South Africa with the myriad of careers available in the world of Print and Packaging. There were six career days held in 2024, with a considerable

demand for more career days to be held in 2025 due to its significance in supporting industry sustainability.

The overall strategy of Career Days is depicted below:

Awareness • Narrow the skills gap Phase Phase Phase Goal

• Create

• Assess Industry Needs • Develop Industry Partnerships • Partner with Technical Colleges • Secure Funding

• Identify and Train suitable canidates • Implement Work based Practical Training • Training at Technical Colleges

4. Financial Performance Printing SA experienced a notable turnaround in its operational performance, concluding the year with a healthy surplus that exceeded budgeted expectations. In 2024, the organisation set a breakeven budget as a strategic step towards recovery from previous years’ deficit budgets. Against this target, Printing SA achieved a surplus of two hundred thousand rand (R200,000), underscoring the financial stability achieved through various restructuring initiatives. Interest earned on investments continued to perform robustly, generating returns approximately 200% above budgeted income and 127% higher than the previous year’s performance. This strong investment performance further contributed to the organisation’s financial health.

Membership income, which remains the organisation’s largest revenue stream, fell short of budget by 3%. Event activities concluded the year with a deficit, which was anticipated due to the memberfocused initiatives offered by the Association at no cost to participants. However, the deficit was greater than budgeted, prompting the implementation of targeted interventions aimed at improving financial performance in the future. Overall, operational expenses were effectively managed, ending the year 6% ahead of budgeted expenses for 2024. This prudent cost management further strengthened the organisation’s financial position.

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5. Personnel Restructure

New positions: a. Director: Technical, Training, and Business Development b. National Training and Development Officer c. National Training and Development Administrator: Projects d. National Training and Development Administrator: Operations e. Commercial and Technical Administrator The process commenced in January 2024 and concluded in March 2024. Terminations and Resignations a. NTD Project Manager on a fixed-term contract basis was concluded in May 2024. b. Accounting Clerk Recruitment a. Accounting Clerk b. Member Services Consultant – Western Cape c. Commercial and Technical Administrator

Printing SA announced a restructure at the beginning of 2024, in line with rationalising the business as a fit-for-purpose entity that is accurately reflective of its membership constituency. This was a first for Printing SA, but the results of such have proven effective in 2024. In total, there were 8 positions that were made redundant and 5 positions that were created. Redundant positions: a. Director: Operations and Member Development b. Regional Manager: Northern c. Manager: Commercial and Technical d. Social Media, Events, and Creative Design

e. National Training Coordinator f. Chamber Administrator: Central g. Chamber Administrator: Cape h. Accounting Clerk (1 position)

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Cape

Consultant:

Member Services

Member Services

Regional Manager:

Consultant:

Member Services

Member Services

Regional Manager: KwaZulu-Natal

Office Cleaner/

General Assistant

Member Services Training

Central

Consultant:

Coordinator & Office Administrator

Administrator

Regional Manager:

National Office

Managing Director

Accounting Clerk

Accounting Clerk

Group Accountant

Manager:

Marketing & Business Development

Projects

NTD Administrator: Operations

National Training & Development Officer

NTD Administrator:

Director:

Technical, Training

& Business Development

& Technical

Commercial

Administrator

Organogram

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6. Special Projects IEC Ballot Printing Printing SA was successful in its bid to provide Quality Assurance for the IEC NPE 2024 Elections in South Africa. This project generated much-needed revenue for the organisation and contributed positively to its financial performance. A total of 45 staff members were employed specifically for this project, which was executed over a period of 30 days. The project was concluded successfully, meeting all stipulated requirements and objectives within the defined scope. Printing SA Investments The Board of Printing SA initiated an open tender process to appoint a new investment manager, following a relationship of over a decade with the previous investment managers. Three investment management companies were shortlisted (including the current investment manager) as part of this process. Ultimately, Investec Wealth Management was appointed as the new investment manager, based on their proposal of a “Non-profit Investment Vehicle,” which was deemed to be the most suitable and comprehensive solution for Printing SA’s investment needs. Consolidation of Banking The Board of Printing SA endorsed the consolidation of banking, which was previously represented by three banking institutions. First National Bank was appointed based on product offering and pricing structures, which will also streamline Printing SA’s operational needs that supports our lean structure. 7. International Affiliations FESPA Printing SA continued its international affiliation with FESPA, based in the UK with a global footprint. Printing SA envisages to leverage stronger benefit from membership with FESPA in the coming years, with the Managing Director playing a more intimate role with understanding

the strategic link between Printing SA and FESPA. With the financial position of FESPA strengthening, Printing SA was able to secure funding for strategic initiatives. WORLD PRINT AND COMMUNICATION FORUM (WPCF) Printing SA continued to utilise this body as a global voice for the Print community. The WPCF is a collaborative platform for the world’s major transnational and national printing associations to work together to promote the development and prosperity of the global printing industry. WPCF also facilitates and encourages communication with other parts of the print value chain to further develop the print and communication market through international and cross-industry collaboration and knowledge-sharing. A meeting was recently held at DRUPA 2024 with 9 international associations from India, China, Korea, USA, Nepal, Europe, South Africa, Japan, and Hong Kong, where matters of global importance were tabled. Printing SA’s representations were robustly proffered to review the organisations focus so that the true essence of print in the current economic landscape is addressed. 8. Local Affiliations FP&M SETA Printing SA continues to maintain a strong working relationship with the FP&M SETA for the greater good of the Printing and Packaging Industry training needs. Dr Mahomed - past CEO, continued to serve and represent Printing SA on the FP&M SETA Board, and Dr Felleng Yende – FP&M SETA CEO, serves on the Printing SA Board. Printing SA expanded its partnership with the FP&M SETA to address issues of youth empowerment through skills development, women empowerment through skills development, career exhibitions to promote the industry, and skills development of unemployed to fill the skills gap in the industry among other issues. The FP&M SETA remains a strong alliance of Printing SA to a achieve a myriad of our objectives for the industry.

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CHAMBERS OF COMMERCE Printing SA’s Chambers belong to the respective Chambers of Commerce: Durban, Johannesburg, Cape Town, and the South African Chamber of Commerce. Through our membership on these bodies, Printing SA aims to represent the regional and national needs of our members to ensure favourable economic trading conditions are lobbied with the relevant macro-economic stakeholders. eWASA Printing SA’s partnership with eWASA – EPR Waste Association of South Africa, is intended to provide members with a composite solution for their waste management, and ease of navigation for complying with the EPR Scheme. eWASA continues to receive stellar acclamations from our members for their approach, support, and flexibility to deal with complex waste management matters. Printing SA looks into hosting thought-leadership seminars with eWASA to keep members abreast of latest developments with waste management.

PNPI STATUTORY COUNCIL Printing SA continues to serve on the Board of the PNPI Statutory Council. The Statutory Council of the Printing, Newspapers and Packaging Industry of South Africa was established in June 1999 pursuant to the demarcation of the Printing, Newspaper and Packaging Industry by the Minister of Labour on 11 May 1999. The Council was subsequently registered by the Registrar of Labour Relations on 01 June 2001 in terms of section 42(a) of the Labour Relations Act. The statutory council is an important part of the economic viability of the industry, and Printing SA continues to represent the interests of the industry on the statutory council.

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9. Future Outlook Printing SA Strategic Focus 2024 – 2025

S1: Rebuild & Strengthen Member Confidence

Implement creative, focused & effective communication channels

Establish impactful member collaborative forums

Instill Confidence in Members that PSA exists to protect their interests

S2: Re-align Training as effective industry lever for competitiveness & growth

Purposefully address industry skills gaps beyond a profit objective

Create & Maintain a professional Training & Development operation

Invest in training & development programmes fundamentally aligned to industry demand & trends

S3: Reinforce Financial position through strategic funding & control mechanisms

Improve operating efficiencies, exposing more revenue for use toward industry benefit

Improve & Optimise the Finance function to internal & external customers

Attract Sponsorship funding within & outside of PSAs membership

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NATIONAL TRAINING & DEVELOPENT

National Training and Development 2024 Report Introduction

Trade Test Progression Development and piloting of trade test packages for eleven essential trades, including corrugated board machine minder and lithography, advanced towards certification recognition through partnership with NAMB and FP&M SETA. This process is instrumental in establishing formal learner certification and industry recognition. Training Performance and Industry Engagement Regional training schemes reported high success rates across trades like lithography, bindery, and digital printing. Specialised programmes such as Adobe Creative Cloud eLearning courses supported digital design skill enhancement. Industry events, including exhibitions and conferences, facilitated knowledge sharing among over 10,000 participants, fostering industry growth and innovation. Funding, Grants, and Accreditation Discretionary grants totalling close to R4 million supported training delivery, learner placements, and qualification development. Printing SA secured reaccreditation with FP&M SETA and is progressing towards registration as a Skills Development Provider with QCTO, strengthening its capacity to deliver nationally recognized Targeted face-to-face training, such as folding and guillotine operation, demonstrated solid competency acquisition. Industry outreach extended to youth and women empowerment initiatives, notably the Women in Print series, which engaged women across regional events, promoting gender inclusion in leadership and production roles. Participation in the EmpowaYouth Summit further expanded awareness of career opportunities in the manufacturing sector. qualifications and artisan training. Industry and Learner Support

In 2024, Printing SA reaffirmed its commitment to fostering skills development and industry capacity building across the printing, packaging, signage, and visual communication sectors. The organisation implemented a comprehensive array of initiatives aimed at equipping industry professionals with practical and theoretical competencies, promoting inclusivity, and aligning qualifications with national standards to future proof the industry. Program Delivery and Industry Reach Printing SA maintained its extensive portfolio of accredited training programs, delivering over 70 courses covering technical, operational, and administrative skills. These included digital printing, lithography, graphic design, Occupational Health and Safety, and machinery operation such as folding and guillotine machines. Training was accessible through face-to-face, online, and blended learning modalities across regional centres in Johannesburg, Durban, and Cape Town. Qualification Development and Accreditation Significant efforts were invested in the development and registration of occupational qualifications aligned with the Quality Council for Trades and Occupations (QCTO) and the South African Qualifications Authority (SAQA). Key qualifications, including Heatset Rotary Offset Lithography, Coldset Rotary Offset Lithography, and Flexo Plate Mounter , are either approved or in advanced assessment stages. Furthermore, five new qualifications—such as Roll Label Technician and Commercial Digital Printing —are proposed for development with a project budget of R5.5 million, aiming for a 12-month implementation period. This aligns with Building Skills for the Future strategies to elevate industry standards.

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Qualifications Development Submitted to FP&M SETA Learning materials submitted for 36 qualifications across: • Electronic Pre-press (8 qualifications) • Printing (11 qualifications) • Packaging (8 qualifications) • Finishing (9 qualifications) New Qualifications in Development • Roll Machine Minder • Laminator • Commercial Digital Printing • Bag Making (4-day programme piloted for 60 apprentices) • Laminator and Slitter Re-winder Operator Trade Test Development • Partnership with NAMB for developing 11 Trade Test packages • Pilot testing planned before industry-wide approval • Expected project completion: October 2024 Secure Printing Course • 4-day training course framework developed for middle management • Aims to support companies seeking secure printing compliance Accreditation and Registration Training Provider Status • FP&M SETA re-accreditation received in April 2024 • Application submitted for QCTO Skills Development Provider (SDP) registration in December 2023 • Second phase completed January 2024

Strategic Partnerships and Future Priorities Collaborations with government agencies and industry bodies—including FP&M SETA, WESGRO, TIKZN, and the Gauteng Department of Economic Development—will drive expansion of skills programmes, including accredited learnerships and RPL initiatives, with a specific focus on inclusive participation. Upcoming priorities involve launching new courses such as Secure Printing for middle management, developing additional occupational qualifications, and enhancing digital and technical training offerings to align with industry needs. Key Achievements Skills Course Delivery (Q1 2024) • 14 skills courses delivered with 217 learners registered • Achieved above-average pass rates across all courses • Notable success in Adobe software training (85 100% pass rates) • Strong performance in specialized operator courses (Folding, Die Cutting, Guillotine operations) Trade Test Programs • 87 learners registered across various trades (TT1, TT2, TT3) • Multiple trade specializations including Lithography, Flexography, Packaging, and Mechanised Binding • TT1 Semester 1 achieved 100% pass rate with 12 learners completing successfully Strategic Partnership • Service Level Agreement signed with Workplace Skills Development Solutions (WSDP) effective May 1, 2024 • 6-month contract to manage National Office administrative functions for training delivery and development • Option to renew in 6-month increments

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Member Confidence Initiatives

Member Support for QCTO Registration Members assisted with registering as SDPs and Trade Test Centres: • KZN Chamber: 14 of 14 target achieved • Western Cape: 15 of 15 target achieved • Central Chamber: 5 of 11 target achieved Discretionary Grants Management Historical Grants (Pre-2023) • 37 historical grants identified totalling R6,232,500 • 10 project grants invoiced and closed: R2,416,000 2023-2024 Grants • 432 Discretionary Grants awarded across 23 skills courses • Total value: R3,990,400 • 14 skills courses utilizing grants at various completion stages 2024-2025 Applications • 184 Discretionary Grants applied across 16 skills programmes • Focus areas include: - - Foundational Learning Programme (30 grants) - - Team Leader Programme (30 grants) - - Colour Management (20 grants) - - Commercial Digital Printing (20 grants)

• Reduced processing time for Trade certificates and course certification from FP&M SETA

• Enhanced technical support for learners accessing online learning platforms

• Comprehensive guidance for companies on Trade Test Centre and Workplace registration

• Proactive outreach ensuring compliance with policy changes regarding apprentice training (effective June 30, 2024) Throughout 2024, Printing SA’s strategic focus on skills development, qualification standardisation, and industry engagement has positioned the printing and packaging sectors for sustainable growth and technological advancement. The organisation’s comprehensive training initiatives and robust industry partnerships underpin a resilient, future-ready workforce poised to meet evolving market demands.

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Compiled by: Abisha Katerere - Head: Business Development & Marketing

MARKETING REPORT 2024/25

EXECUTIVE SUMMARY The 2024/25 financial year marked a pivotal period for Printing SA’s marketing and business development initiatives, characterized by strategic repositioning, enhanced member engagement, and

strengthened stakeholder partnerships. Our efforts aligned directly with the organization’s overarching strategy to “Rebuild and strengthen membership confidence to stabilise Printing SA’s sustainability.”

Key achievements include:

Hosting over 20 major events reaching 14,000+ delegates across three chambers

Securing strategic partnerships with government departmens and industry bodies

Implementing a comprehensive omnichannel marketing communication strategy

Advancing the Industry Masterplan initiative with government

Launching the industry wage benchmarking research project

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1. EVENTS PROGRAMME 1.1 Career Days

Printing SA successfully executed seven Career Days across all chambers, reaching approximately 340 learners and exposing them to lucrative career opportunities within the print and packaging industry. These events were held in partnership with the Department of Women, Youth and Persons with Disabilities (DWYPD), WESGRO, and member companies including: • Colourtone Aries (Cape Chamber) • Trident Press (Cape Chamber) • Shave and Gibson (KZN Chamber) • Lebone Litho Printers (Central Chamber) • Shereno Printers (Central Chamber)

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These initiatives form part of a comprehensive talent pipeline strategy to: • Identify learners keen to explore print careers • Partner with FP&M SETA for foundational training • Facilitate practical training placements with members • Create an industry talent pool

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1.2 Women in Print Series

• Central Chamber (August 30) - 270 delegates These platforms successfully attracted, connected, and empowered women in the print community, inspiring action, promoting education, encouraging mentorship, fostering leadership, and celebrating development within the industry.

The Women in Print series emerged as one of our flagship programmes, attracting 640 delegates across three chambers and an online audience of 765 000 people from across 42 countries on the continent: • Cape Chamber (August 1) - 220 delegates • KZN Chamber (August 7) - 150 delegates

1.3 Golf and Padel Days

Central Chamber Annual Golf and Padel Day (May 10, Kyalami Country Club) • 120 participants • Featured Springbok player Willem Alberts

• First-time incorporation of padel competition • Celebrated Unistar Inks’ 20-year anniversary • Attracted diverse participant demographic

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KZN Chamber Annual Golf and Padel Day (August 28, Durban) • 100 participants • Featured Springbok player Jaden Hendriks alongside four Natal Sharks rugby players • Interactive Q&A session during prize-giving 1.4 Business Forums and Industry Conferences KZN Chamber Business Forum (September 18, Durban) • 50+ delegates comprising CEOs, MDs, Owners, HODs, and Senior Managers • Industry experts unpacked current trends, economic climate, latest products, processes, and opportunities

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WESGRO Plant Tours & Cape Chamber Business Forum (October 17-18, Cape Town)

• 35 delegates from WESGRO, DTIC, DEDAT, and City of Cape Town • First event of this nature in the Western Cape since 2018 • Successfully lobbied regional organs of state to understand industry challenges • Showcased industry capabilities for trade and investment opportunities EmpowaYouth Summit (June 18 & October 10) • 600 and 1,500 delegates respectively

• Panel discussions encouraging youth to consider printing industry career paths and entrepreneurship African Conference for Industrial and Applied Mathematics (ACIAM) (September 30 - October 4, Cape Town) • 350 delegates from 22 countries • Inaugural presentation spotlighting local industry capabilities for continental academic printing and publishing • Positioned industry as stakeholder in establishing continental publishing association 1.5 Trade Exhibitions

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Africa Print Expo Series • Durban ICC (March 12-13) - 1,600+ visitors • CTICC, Cape Town (May 15-16) - 1,200+ visitors FESPA Africa, Sign Africa and Africa Print Expo (September 11-13, Johannesburg) • 8,000+ attendees • Platform for digital technology investments and product diversification • Networking with product experts and industry stakeholders FTASA Awards (November 15, The Tryst, Johannesburg) • 150 delegates • First-time endorsement by Printing SA • Strengthened partnership with Flexible Packaging Association serving shared constituents

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2. STRATEGIC PARTNERSHIPS 2.1 Government Partnerships

Department of Women, Youth and Persons with Disabilities (DWYPD) • Status: Concluded • 5yr MoU affirming partnership for Career Days, Women in Print, and Screen-Printing Skills Program • Ongoing collaboration for industry empowerment initiatives WESGRO (Western Cape Trade and Investment Promotion Agency) • Status: In progress • Highlighting industry potential in Cape Town and Western Cape • Positioning sector for regional and international trade and investment opportunities • Successful plant tours and business forum collaboration Trade and Investment KZN (TIKZN) • Status: In progress • Similar mandate to WESGRO for KZN region • Showcasing industry capabilities to senior executives and government stakeholders Gauteng Department of Economic Development • Status: In progress • Proposal development for Screen-Printing Skills Program and Women in Print Series • Negotiating financial support and stakeholder linkages Department of Trade, Industry and Competition (DTIC) & DPME • Status: In progress

• Reviving Industry Masterplan discussions initiated in 2021 • September 2024 meeting with Dr Thabo Mabogoane (DPME) • Secured commitment to revive MP Steercom instructions

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2.2 Industry Partnerships MAC Sector Charter Council • Status: Pending • Application for membership to Marketing, Advertising and Communications Sector Charter Council • Awaiting council meeting invitation for membership vote PROPAK Africa • Status: Concluded • Endorsement of Africa’s largest packaging expo (March 11-14, 2025) • Exhibition stand and hosting of speakers corner Flexographic Technical Association of South Africa (FTASA) • New endorsement partnership through annual awards • Strengthening collaboration serving shared industry constituents 2.3 International Partnerships DRUPA 2024 (May 28 - June 4, Düsseldorf, Germany)

• Two delegates attended (Abisha Katerere & Jermaine Naicker) • Gained insights into latest industry developments • Forged new international partnerships and networks • Attended World Print Conference Forum Annual Meeting

FESPA Global Print Expo (March 17-21, 2024) • Attended Secretaires Meeting (Jermaine Naicker) • Strengthened international association linkages

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3. MARKETING COMMUNICATIONS STRATEGY 3.1 Omnichannel Approach

Printing SA implemented a comprehensive 12-month omnichannel marketing strategy in partnership with UVO Communications (March 2024 - February 2025), incorporating: Platform Current Audience Content Type Frequency

Notices, adverts, invitations, events, training courses, milestones

Facebook 67,000+ followers

Weekly

Industry insights, thought leadership, webinars, live event videos

LinkedIn 4,000+ followers

Weekly

Contests, event coverage, Q&A, service promotions

Instagram 2,859+ followers

Weekly

Contests, event coverage, service promotions

TikTok

Platform launched

Bi-monthly

3,800 avg monthly views, 751 new users

Website

Central content hub for all platforms Daily

Newsletter 2,200+ subscribers

Monthly activity review and recap

Monthly

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3.2 Service Providers UVO Communications (March 2024 - February 2025) • Social media management (Facebook, Instagram, LinkedIn, TikTok) • Graphic design, copywriting, and content creation • Comment management and response handling • Web banner design aligned with SEO and corporate CI Menzies Media (May 2024 - April 2025) • Search Engine Optimisation (SEO) improvement • Google AdWords management • Website traffic increase through social media integration • Web development and maintenance • CRM management 3.3 Content Development

Thirteen training advertisements were created and submitted between June-August 2024, demonstrating enhanced collaboration between Business Development & Marketing and the Training Department. Member feedback indicated newsletters should be shorter, more relevant, and attractive. A communication strategy review was initiated, with plans to solicit member insights on ideal newsletter format and substance.

4. SPONSORSHIP PROGRAMME 4.1 Annual Sponsors Secured

Canon - Diamond Sponsor • Value: R254,400 (ex VAT) • Renewed commitment for 2024 Kyocera Document Solutions - Diamond Sponsor (In Principle) • Value: R254,400 (ex VAT) • Renewal pending budget cycle finalization 4.2 Budget Challenges Target sponsorship budget: R1,200,000 Secured sponsorship: R508,800

The inability to secure additional annual sponsors was attributed to supplier commitments to DRUPA 2024. Strategy for 2025/26 includes earlier engagement with potential sponsors and diversified sponsorship packages.

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5. SPECIAL PROJECTS 5.1 Industry Wage Benchmarking Research

Status: In progress The salary and skills benchmarking research project, launched in March 2023, progressed significantly: • Halted during restructure and IEC project • Recommenced July 2024 • Chamber consent forms collected from participating member companies • Handover to RemChannel scheduled for August 2024 • Fieldwork planned: September-October 2024 • First draft presentation: Mid-October 2024 • Project completion: Early 2025 This strategic initiative addresses key member feedback regarding the need for industry wage benchmark data, directly supporting the value proposition to members. 5.2 Industry Masterplan Revival Background: Initiated in 2021 with presentation to Masterplan Steering Committee in Office of the President. DTIC indicated resource constraints in May 2022, postponing the project. 2024 Developments: • September 2024: Meeting with Dr Thabo Mabogoane (DPME) • Commitment secured to revive 2021 MP Steercom instructions • October 2024: WESGRO Business Forum showcased industry and renewed Masterplan advocacy • Outreach to FP&M SETA CEO for ministerial meetings with DTIC and DHET • Ongoing engagement with multiple stakeholders This initiative positions the print and packaging industry for strategic government support and sectoral development interventions.

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6. KEY ACHIEVEMENTS & IMPACT 6.1 Member Engagement

• Over 20 major events executed across all chambers • 4,000+ delegates reached through events programme

• Enhanced member confidence through increased visibility and value delivery • Positive member feedback on renewed energy and strategic approach

6.2 Youth Development & Skills Pipeline • 340+ learners exposed to print industry careers • Seven Career Days executed in partnership with DWYPD

• Partnership framework established for talent pipeline development • Foundation laid for structured apprenticeship placement programme 6.3 Women Empowerment • 640 women engaged through Women in Print series • Three successful chambers events establishing annual precedent • Platform created for mentorship, leadership development, and networking • Strong attendance indicating significant industry interest 6.4 Industry Visibility & Advocacy

• First regional business forum in Western Cape since 2018 • Government engagement at provincial and national levels • International representation at DRUPA and FESPA • Continental academic publishing opportunity identification

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7. STRATEGIC OUTLOOK 2025/26 7.1 Priorities 1. Industry Masterplan Advancement • Secure ministerial meetings with DTIC and DHET • Present comprehensive industry case for sectoral support • Establish implementation framework 2. Sponsorship Revenue Growth • Early engagement strategy for 2025/26 sponsors • Diversified sponsorship packages • Enhanced sponsor value proposition and activation 3. Digital Transformation • Enhanced website functionality and user experience • Increased digital engagement and content strategy • CRM optimization for member relationship management 4. Partnership Expansion • Formalize MAC Sector Charter Council membership • Deepen WESGRO and TIKZN relationships • Expand international association networks

5. Event Programme Evolution • Consolidate successful event formats (Women in Print, Career Days) • Introduce new thought-leadership platforms • Enhanced measurement of event impact and ROI 7.2 Member Value Enhancement Focus on qualitative member engagement over quantitative metrics, delivering: • Relevant, actionable industry intelligence • Enhanced networking and business development opportunities • Thought-leadership content addressing real business challenges • Stronger voice in government policy and legislative processes

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CONCLUSION The 2024/25 financial year demonstrated Printing SA’s successful repositioning as a strategic industry partner, thought leader, and member advocate. Through a comprehensive events programme, strategic partnerships, and enhanced marketing communications, we have laid a solid foundation for sustained member value delivery and industry advancement. The revival of the Industry Masterplan initiative, coupled with strengthened government relationships and international partnerships, positions the organization and industry for significant growth opportunities. Our commitment to youth development and women empowerment ensures the industry’s long-term sustainability and transformation. As we move into 2025/26, our focus remains on deepening member relationships, enhancing value delivery, and positioning the print and packaging industry as a strategic economic sector deserving of government support and investment.

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Roger Cook Regional Manager: Central Chamber Central Chamber

1. Overview of the Region Introduction to the Region

The Central Chamber encompasses a diverse array of stakeholders within the printing and packaging industry, serving as a pivotal hub for collaboration, innovation, and advocacy. Following the strategic consolidation of the Northern and

Central Chambers, the Central Chamber emerged as the largest Regional Executive Committee (REC) in Printing SA’s history, with representation across the broader South African printing sector.

REC Members Current Leadership (2023-2025):

• Andrew Tinker (Boksburg Printers Pty Ltd): Co-Chairperson • Heilet Grobler (UVO Communications): Co-Chairperson • Rithesh Nundlal (Shereno Printers): Vice Chairperson (appointed in Q3) • Teresa Adinolfi (Redfern Long Run Labels Pty Ltd): Treasurer Outgoing Member: • Michelle Robson (Merpak Envelopes): Vice Chairperson (resigned in Q3)

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REC Members: Name Gene Deerans

Company

Guillemot Business Forms Pty Ltd

Ayanda Shabangu

Lithotech

Neil De Greef Ryan Calvert

Screenline 1971 Pty Ltd

Ren-Form CC

Patrick Mokgatle

Combination Printers Marshall Hinds Pty Ltd Electronic Touch Systems

Mike Bath

Patrick Thomas Ben Ramatla Glen Cowling Thomas Khumalo Brenda Pretorius Michelle Lindeque Mpho Rathlogo

Blue Copy Express

Prisma Flex

Government Printing Works

NM Group

Business Print

South African Bank Note South African Reserve Bank

Sello Makgadi Thanda Nyide Wendy Krause

Ndabase Printing MinuteMan Silverton

Wynand Oberholzer

UNISA

Vacant Vacant The Chamber extends its deepest gratitude to all REC members for their dedication and contributions, which have been instrumental in driving the organization’s mission forward. 2. Financial Performance Revenue • Total Revenue: The region generated

• Events: The Chamber hosted high-impact events such as the Africa Print Expo and the CEO Breakfast, driving member engagement and networking opportunities. 3. Operational Highlights Major Achievements • Membership Growth: The Chamber welcomed 9 new members, including 3 associate and 6 full members. • Events: Successfully hosted key events, including the Africa Print Expo, Women in Print, and the CEO Breakfast featuring AI and financial innovation insights. • Training and Development: Leveraged SETA funded grants to address skills shortages, resulting in a 352.7% increase in training uptake. • Career Development: The Career Day at Lebone Litho introduced 50 students and educators to industry opportunities.

significant revenue, with a marked increase compared to the previous year, reflecting a strong recovery and effective outreach strategies. • Growth: Membership growth and increased training program participation contributed to the revenue uptick. Profitability • Operating Profit: Despite economic challenges, the Chamber maintained a healthy operating profit. • Net Profit: Profitability was bolstered by SETA funded grants and successful events, offsetting some economic pressures faced by members. Key Performance Indicators (KPIs) • Training Sales: Achieved a remarkable 352.7% increase in training uptake compared to 2023. • Consulting Services: Demand for consulting services grew significantly, with members utilizing tailored advisory offerings.

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5. Strategic Focus & Outlook Key Focus Areas 1. Member Engagements: Enhancing interactions to better address member needs and priorities. 2. Training Initiatives: Expanding programs to cover emerging skills gaps. 3. Advocacy: Strengthening representation in policy discussions. 4. Events and Forums: Hosting career days and networking opportunities to attract talent and foster collaboration. Future Opportunities • Continued membership growth through targeted outreach. • Increased focus on sustainable practices and innovation. • Development of industry wage benchmarks and value-driven fee structures. Key Risks • Persistent economic pressures and potential regulatory shifts. • Uncertainty surrounding energy reliability and its impact on member operations.

Challenges Faced • Economic Pressures: The lingering effects of the COVID-19 pandemic, combined with load shedding and rising operational costs, strained member businesses. • Workforce Reductions: Retrenchments impacted revenue and highlighted the need for retention strategies. • Membership Attrition: A small decline in membership was attributed to financial constraints among companies. Responses: • Introduced economic resilience programs. • Collaborated on workforce retention initiatives. • Enhanced membership retention campaigns emphasizing tangible benefits. 4. Market Dynamics Economic Environment Residual economic pressures from the pandemic and ongoing load shedding created significant operational challenges, leading to closures and workforce rationalizations. However, a gradual recovery was observed, with increased interest in training and industry innovation. Regulatory Environment Key regulatory updates included revised compliance standards that demanded industry adaptation. The Chamber’s advocacy ensured that members were well-informed and equipped to meet these changes.

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