Ellies Holdings Limited (JSE:ELI) News - Audited condensed consolidated financial results for the year ended 30 April 2021 ELLIES HOLDINGS LIMITED Incorporated in the Republic of South Africa Registration number: 2007/007084/06 JSE share code: ELI ISIN: ZAE000103081 (“Ellies” or “the Company”) SHORT-FORM ANNOUNCEMENT – AUDITED CONDENSED CONSOLIDATED FINANCIAL RESULTS for the year ended 30 April 2021 2021 AT A GLANCE REVENUE increased to R1 206,4 million (2020: R1 192,9 million)* EBITDA increased to R76,0 million (2020: loss of R2,6 million)* OPERATING PROFIT increased to R57,1 million (2020: loss of R21,2 million)* TOTAL COMPREHENSIVE INCOME increased to R30,4 million (2020: loss of R196,1 million) EARNINGS PER SHARE increased to 7,25 cents (2020: loss per share of 28,97 cents) HEADLINE EARNINGS PER SHARE increased to 9,19 cents (2020: headline loss per share of 18,66 cents) NET ASSET VALUE PER SHARE increased to 25,5 cents (2020: 18,2 cents) NET TANGIBLE ASSET VALUE PER SHARE increased to 25,5 cents (2020: 18,2 cents) No dividend declared * Restated as required by IFRS 5 SHORT-FORM ANNOUNCEMENT This short-form announcement is the responsibility of the directors. It is only a summary of the information contained in the full announcement and does not contain full or complete details. Any investment decision by investors and/or shareholders should be based on the full announcement published on SENS on 30 July 2021 on the JSE website and also available on the Company’s website at https://elliesholdings.com/YERes2021.pdf. The full announcement is also available at the Company’s registered office (for inspection, at no charge, during office hours on any business day) and at the offices of the sponsor, Java Capital, from 30 July 2021 to 5 August 2021, both days inclusive. Copies of the full announcement may be requested by email to info@elliesholdings.com. The JSE link is as follows: https://senspdf.jse.co.za/documents/2021/JSE/ISSE/ELI/YE21.pdf. The annual financial statements including the audit opinion of the external auditor, BDO South Africa Incorporated, which sets out the key audit matters and the basis for its unmodified opinion, is available on the Company’s website on https://elliesholdings.com/AFS2021.pdf. The audit report on the annual financial statements in respect of which an unmodified opinion was expressed, notes as key audit matters the calculation of expected credit losses (“ECL”) raised against trade receivables, the valuation of inventories, the recognition of deferred tax assets and the calculation of the ECL raised against financial guarantees. 30 July 2021 ELLIES HOLDINGS LIMITED DIRECTORS: Messrs Timothy Fearnhead (Chairperson)*, Dr Shaun Prithivirajh (CEO), Chris Booyens (CFO), Martin Kuscus*, Edick Lehapa*, Francois Olivier*, Edward Raff* * Independent non-executive PREPARER: Prepared by Mr Jacques Liebenberg BCompt (Hons), AGA(SA), Interim Finance Executive/Consultant, under the supervision of Mr Chris Booyens CA(SA), Financial Director and CFO COMPANY SECRETARY: Acorim Secretarial & Governance Services REGISTERED OFFICE: Brooklyn Place, 3 Centex Close, Kramerville, Sandton, 2090 (PO Box 57076, Springfield, 2137) SPONSOR: Java Capital, 6th Floor, 1 Park Lane, Wierda Valley, Sandton, 2196 AUDITORS: BDO South Africa Inc TRANSFER SECRETARIES: Computershare Investor Services (Pty) Ltd http://www.elliesholdings.com Date: 30-07-2021 04:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.