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Full Year Results for the Year Ended 31 December 2022

Published: 2023-04-06 09:45:20 ET
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EASTERN PLATINUM LIMITED
(Incorporated in Canada)
(Canadian Registration number BC0722783)
(South African Registration number 2007/006318/10)
Share Code TSX: ELR ISIN: CA2768555096
Share Code JSE: EPS ISIN: CA2768555096
(“Eastplats” or the “Company”)


FULL YEAR RESULTS FOR THE YEAR ENDED 31 DECEMBER 2022


1.   SUMMARY OF FINANCIAL RESULTS

The Company’s presentation currency is U.S. Dollars (“$”).

Revenue decreased by 27.0% to $49.8 million, from $68.2 million in the prior corresponding
period.

Headline loss per share attributable to shareholders of Eastplats increased to $0.02 headline
loss per share, from $0.01 headline loss per share in the prior corresponding period.

Loss per share attributable to equity shareholders of Eastplats increased to $0.02 loss per
share, from $0.01 loss per share in the prior corresponding period.

2.   SHORT-FORM ANNOUNCEMENT

This short-form announcement is the responsibility of the directors of the Company. It contains
only a summary of the information in the full announcement (“Full Announcement”) and does
not contain full or complete details. The Full Announcement can be found at:

https://senspdf.jse.co.za/documents/2023/JSE/ISSE/EPS/FY22.pdf

Copies of the Full Announcement is also available for viewing on the Company’s website at
https://www.eastplats.com/investors/quarterly-reports/F2022/ or may be requested in person,
at the Company’s registered office or the office of the sponsor, at no charge, during office
hours.

Any investment decisions by investors and/or shareholders should be based on consideration
of the Full Announcement, as a whole.

These annual results for the year ended 31 December 2022 have been audited by the
Company’s auditors, PricewaterhouseCoopers LLP who expressed an unmodified audit
opinion thereon. The audit opinion also includes communication of key audit matters. The
audit opinion is available, along with the annual financial statements, and the summary
financial results, on the Company’s website at https://www.eastplats.com/investors/quarterly-
reports/F2022/

The Company has a primary listing on the Toronto Stock Exchange and a secondary listing
on the JSE Limited.
6 April 2023

JSE Sponsor

PSG Capital