Enhanced Investments - Financial Portal

Unaudited Condensed Consolidated Financial Results For The 6 Months Ended 31 August 2022

Published: 2022-09-29 08:06:16 ET

CAPITEC BANK HOLDINGS LIMITED
Registration number: 1999/025903/06
Registered bank controlling company
Incorporated in the Republic of South Africa
JSE ordinary share code: CPI
ISIN code: ZAE000035861
JSE preference share code: CPIP
ISIN code: ZAE000083838
(“Capitec” or “the Company” or “the
Group”)

UNAUDITED CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE
6 MONTHS ENDED 31 AUGUST 2022

1. SALIENT FEATURES

Operating profit before tax increased by 17% to R5.894 billion, from R5.042 billion in the
comparative period.

Headline earnings per share increased by 17% to 4 034 cents, from 3 447 cents in the
comparative period.

Earnings per share increased by 19% to 4 035 cents, from 3 387 cents in the
comparative period.

Interim ordinary dividends increased by 17% to 1 400 cents per share, from 1 200 cents
per share in the comparative period.

The net asset value (total equity) increased by 12% to R35.765 billion, from
R31.956 billion in the comparative period.

2. DIVIDEND

The directors resolved that a gross interim dividend of 1 400 cents per ordinary share be
declared for the 6 months ended 31 August 2022 (31 August 2021: 1 200 cents) on
29 September 2022. The dividend will be paid on Monday, 24 October 2022. There are
116 099 843 ordinary shares in issue.

The dividend meets the definition of a dividend in terms of the Income Tax Act, Act 58 of
1962. The dividend amount, net of South African dividend tax of 20%, is 1 120 cents per
share. The distribution is made from income reserves. Capitec’s tax reference number is
9405376840.

Last day to trade cum dividend - Tuesday, 18 October 2022
Trading ex-dividend commences - Wednesday, 19 October 2022
Record date - Friday, 21 October 2022
Payment date - Monday, 24 October 2022

Share certificates may not be dematerialised or rematerialised from Wednesday,
19 October 2022 to Friday, 21 October 2022, both days inclusive.

In terms of the Company’s memorandum of incorporation, dividends will only be
transferred electronically to the bank accounts of certificated shareholders, as dividend
cheques are no longer issued. In instances where certificated shareholders do not
provide the transfer secretaries with their banking details, the dividend will not be
forfeited, but will be marked as ‘unclaimed’ in the dividend register until the shareholder
provides the transfer secretaries with the relevant banking details for payout.

3. 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/2022/JSE/ISSE/CPI/CPIHY23.pdf

The Full Announcement is also available for viewing on the Company’s website at
https://www.capitecbank.co.za/globalassets/pages/investor-relations/financial-
results/2023/interim-results/CPIHY23.pdf . In addition, electronic copies of the Full
Announcement may be requested and obtained, at no charge, from the Company at
InvestorRelations@capitecbank.co.za and from its sponsor, PSG Capital.

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

4. RESULTS PRESENTATION

Shareholders are reminded that Capitec will be hosting a virtual presentation at
08:00 am SAST on Thursday, 29 September 2022 to present the results to investors.

Presentation details:
- View and listen mode
Links: https://www.capitecbank.co.za/investor-relations/financial-results/2023/ or
https://www.youtube.com/watch?v=6vgaH5PWTgQ
- Presentation slides will be available prior to the presentation at:
https://www.capitecbank.co.za/globalassets/pages/investor-relations/financial-
results/2023/interim-results/results-presentation-2023.pdf

Questions and Answers (“Q&A”) facility:
- A Q&A facility will be available during and after the presentation
- E-mail questions during or after the presentation to:
InvestorRelations@capitecbank.co.za

Stellenbosch
29 September 2022

Sponsor
PSG Capital

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

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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.