Cashbuild Limited (JSE:CSB) News - Trading statement

CASHBUILD LIMITED
(Registration number: 1986/001503/06)
(Incorporated in the Republic of South Africa)
JSE share code: CSB       ISIN: ZAE000028320
(“Cashbuild” or “the Group”)

TRADING STATEMENT

Shareholders are advised that Cashbuild is currently finalising its reviewed interim results for the 26 weeks
ended 26 December 2021 (“Interim Period”) which are expected to be released on or about 2 March 2022. In
accordance with paragraph 3.4(b) of the JSE Listings Requirements, shareholders are advised that Cashbuild
expects to announce:

    -   earnings per share ("EPS") of between 1 275.8 cents to 1 355.5 cents, compared to EPS of 1 594.7
        cents reported for the 26 weeks ended 27 December 2020 (“Prior Interim Period”). This represents a
        decrease in EPS of between 15% and 20%; and
    -   headline earnings per share ("HEPS") of between 1 078.5 cents to 1 155.5 cents, compared to HEPS of
        1 540.7 cents reported for the Prior Interim Period. This represents a decrease in HEPS of between
        25% and 30%.

Shareholders are referred to the announcement released on SENS on 14 July 2021 which gave insight into the
violent protests and looting experienced by Cashbuild. During the period, 36 (32 Cashbuild and 4 P and L
Hardware) stores across the Group were impacted by the unrest and looting. Stores were looted and
extensively damaged, which led to the scrapping of assets.

The following additional pro forma financial information is provided for comparability purposes which has
been normalised to exclude the effects of the looting and the trading of the looted stores for both the Interim
Period and the Prior Interim Period resulting in:

    -   normalised EPS decreasing between 10% and 15%; and
    -   normalised HEPS decreasing between 5% and 10%.

The pro forma financial information has been prepared for illustrative purposes only, is the responsibility of
the directors of Cashbuild and because of its nature, may not fairly present Cashbuild's financial position,
changes in equity, results of operations or cash flows of the Group.

Shareholders are advised that the financial information on which this trading statement is based has not been
reviewed or reported on by the Group’s auditors.

22 February 2022

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 22-02-2022 12:00:00
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