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Typographical Error in Condensed Unaudited Group Results for the Six Months Ended 31 December 2022

Published: 2023-03-08 17:00:34 ET

CLIENTELE LIMITED
Incorporated in the Republic of South Africa
Registration Number: 2007/023806/06
Share code: CLI
ISIN: ZAE000117438
(“Clientèle”)

Typographical Error in Condensed Unaudited Group Results for the Six Months Ended 31
December 2022

Clientèle Shareholders are referred to the announcement dated 27 February 2023 regarding the
condensed unaudited group results for the six months ended 31 December 2022 (the “Interim Results”)
and the full announcement thereof which is also available on Clientèle’s website:
https://www.clientele.co.za/results-announcements/. The Interim Results contained a typographical error
(“Typographical Error”) as described below.

The Typographical Error in the Interim Results

The Typographical Error can be found in the Condensed Group Statement of Changes in Equity section
and relates to the removal of the “ordinary dividend” amount of “(368,854,000)” that was erroneously
included under the movement of the balances for retained earnings between 1 January 2022 and 30 June
2022 on page 6 of the Interim Results.

The Typographical Error had no impact on net profit for the period, total comprehensive income, shares
issued, or any other amounts or figures included under the Condensed Group Statement of Changes in
Equity table.

The tables below illustrate the Typographical Error and subsequent correction:

Incorrect version:

                                                                   Non-
                                                                   distributable
                                                                   reserves:       Non-
                                                   Bonus                           distributable
                                                   Rights          Non-            reserves:
                                      Retained     Scheme          controlling
                                      earnings     Reserve 1       interest        revaluation     Total

Balance as at 1 January 2022           671 338        24 596             -            62 176        933 679
Ordinary dividends                    (368 854)                                                    (368 854)
Total Comprehensive income             214 454           -               -            (6 754)       207 700
 -      Net profit/(loss)for the
        period                         214 454                                                      214 454
 -      Other comprehensive
        income/(expense)                                                              (6 754)       (6 754)
Shares issued                                                                                          -
Bonus Right scheme allocated                           766                                            766
Balance as at 30 June 2022             885 792        25 362             -            55 422       1 142 144




Corrected version:
                                                              Non-
                                                              distributable
                                                              reserves:       Non-
                                                Bonus                         distributable
                                                Rights        Non-            reserves:
                                   Retained     Scheme        controlling
                                   earnings     Reserve 1     interest        revaluation     Total

Balance as at 1 January 2022        671 338       24 596            -            62 176       933 679
Ordinary dividends                                                                               -
Total Comprehensive income          214 454          -              -            (6 754)      207 700
 -      Net profit/(loss)for the
        period                      214 454                                                   214 454
 -      Other comprehensive
        income/(expense)                                                         (6 754)       (6 754)
Shares issued                                                                                     -
Bonus Right scheme allocated                       766                                           766
Balance as at 30 June 2022          885 792       25 362            -            55 422       1 142 144

The corrected Interim Report is available on the website link described above.

Johannesburg

8 March 2023

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
Registration number 1970/003711/07

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.