ASCENDIS HEALTH LIMITED - ASCENDIS HEALTH MAINTAINS LEVEL 1 RATING: AVAILABILITY OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE

ASCENDIS HEALTH MAINTAINS LEVEL 1 RATING: AVAILABILITY OF BROAD-BASED BLACK ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE

ASCENDIS HEALTH LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2008/005856/06)
Share code: ASC ISIN: ZAE000185005
(“Ascendis Health” or “the Company”)




ASCENDIS HEALTH MAINTAINS LEVEL 1 RATING: AVAILABILITY OF BROAD-BASED BLACK
ECONOMIC EMPOWERMENT ANNUAL COMPLIANCE REPORT



Ascendis Health has maintained a verified level 1 broad-based black economic empowerment (B-
BBEE) rating for 2020.

The Company improved its overall B-BBEE score on the Department of Trade and Industry codes of
good practice generic scorecard from 90.63 points in 2019 to 94.54 points in 2020. The increase was
driven by an enhanced performance within the management control pillar of the scorecard, while the
Company also benefited from its participation in government’s Youth Employment Service (YES)
initiative.

In accordance with Appendix 1 to Section 11 of the JSE Listings Requirements, notice is hereby given
that the Company’s Annual Compliance Report, in terms of section 13G(2) of the Broad-Based Black
Economic Empowerment Act 53 of 2003 (read with the Broad-Based Black Economic Empowerment
Amendment       Act     46   of    2013),    is    available    on    the   Company’s       website:
https://ascendishealth.com/about-us/governance/transformation/.


9 October 2020
Johannesburg

Sponsor
Questco Corporate Advisory (Pty) Ltd

Date: 09-10-2020 11:32:00
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