Financial results for year ended 30 June 2020 SASFIN HOLDINGS LIMITED (Incorporated in The Republic of South Africa) (Registration Number 1987/002097/06) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 (“Sasfin” or “the Company”) Summarised annual results for the year ended 30 June 2020 Introduction to the Sasfin Group Limited At Sasfin we contribute to society by going beyond a bank to enable growth in businesses and the global wealth of our clients. Salient features Key indicators Growth % June 2020 June 2019 Revenue (R’m) (6.37) 1 166 656 1 246 009 (Loss)/ profit before income tax (R’m) (121.30) (45 002) 211 285 Headline (loss)/earnings for the period (R'm) (130.14) (48.617) 161.305 Headline (loss)/earnings per ordinary share (cents) (130.14) (151.00) 501.00 Earnings per ordinary share (cents) (140.64) (186.90) 459.86 Net asset value per ordinary share (cents) (3.20) 4 752 4 909 Dividends per ordinary share (cents) (51.05) 48.89 99.87 Dividends Ordinary share dividend Given the loss, and in line with Guidance Note 4 of 2020 issued by the Prudential Authority of the SARB, the Group has not declared a final dividend for the year ended 30 June 2020. Preference share dividend The preference shares are non-redeemable, non-cumulative and non-participating. Preference shareholders are entitled to receive dividends out of the profits of the Sasfin Holdings that it determines to distribute. Given the Group’s losses, the Board has not declared a preference dividend for the period 1 January 2020 to 30 June 2020. Full Announcement This short-form announcement is the responsibility of the Directors of the Company and is a summary of the information in the full announcement, and does not contain full or complete details which are available for viewing on the following websites: Company’s website: https://www.sasfin.com/investor-relations/. JSE website: https://senspdf.jse.co.za/documents/2020/jse/issh/sfnh/sfn2020.pdf The consolidated and company annual financial statements were audited by PricewaterhouseCoopers Inc who issued an unmodified audit opinion on these financial statements. Their audit opinion, together with the accompanying financial statements, can be viewed on the Company's website, which also provides more details on the key audit matters on pages 9 - 12 of the annual financial statements. Any investment decision by investors and/or shareholders should be based on consideration of the full announcement, copies of which are also available for inspection at our offices on workdays during business hours, at no charge. On behalf of the Board Mr Roy Andersen Mr Michael Sassoon Chairperson Group Chief Executive Officer Johannesburg 30 September 2020 Sponsor: Sasfin Capital (a member of the Sasfin Group) Independent Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited Date: 30-09-2020 10:30:00 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.