Year end results and dividend declaration Crookes Brothers Limited (Incorporated in the Republic of South Africa) (Registration number 1913/000290/06) Share code: CKS ISIN: ZAE000001434 (“Crookes Brothers” or “the Company”) Summarised Results for the year ended 31 March 2021 and dividend declaration The Crookes Brothers Board (“the Board”) is pleased to present a summary of the Company’s results for the year ended 31 March 2021. Year ended Year ended % Salient Features Index 31 March 2021 31 March 2020 change Revenue R’000 635 583 703 677 (10) Operating profit R’000 97 859 56 503 73 Share of profit of joint venture and associates R’000 13 628 3 958 244 Profit for the year R’000 42 807 23 688 81 Headline earnings/(loss) R’000 41 552 (7 402) 661 Shareholders’ equity R’000 1 089 667 1 065 938 2 Cash generated from operations R’000 102 282 86 188 19 Weighted average number of ordinary shares shares 15 264 317 15 264 317 - Basic earnings per share cents 152,2 57,2 166 Headline earnings/(loss) per share cents 272,2 (48,5) 661 Cash flow from operating activities per share cents 344,5 156,5 120 Net asset value per share cents 7 139 6 983 2 Dividend per share cents 50,0 - 100 The information in the short form announcement has been extracted from the audited financial statements for the year ended 31 March 2021. This announcement itself has not been audited. Cash dividend declaration The board of directors, ("the board") has resolved to declare a final gross cash dividend of 50.00000 cents per ordinary share ("the cash dividend") to ordinary shareholders recorded in the register of the company at the close of business on Friday, 6 August 2021. In respect of the final gross cash dividend: • the dividend has been declared from income reserves; • the dividend withholding tax rate is 20% resulting in a net dividend of 40.00000 cents per share to those shareholders who are not exempt from dividend withholding tax; • Crookes Brothers Limited tax reference number is 9696/001/71/9; and • the issued number of shares as at declaration date is 15 264 317. The cash dividend will be paid on Tuesday, 10 August 2021 to shareholders recorded in the books of the company at close of business on the record date Friday, 6 August 2021. The salient dates of the declaration and payment of these dividends are as follows: Last day to trade cum-dividend: Tuesday, 3 August 2021 Shares commence trading ex-dividend: Wednesday, 4 August 2021 Record date: Friday, 6 August 2021 Payment date: Tuesday, 10 August 2021 Share certificates may not be dematerialised or re-materialised between Wednesday, 4 August 2021 and Friday, 6 August 2021, both days inclusive. Page 1 of 2 Full announcement This short-form announcement is the responsibility of the Directors of the Company and it is only a summary of the information in the full announcement and does not contain full or complete details, which is available for viewing on the following websites: Company’s website: http://www.cbl.co.za/wp-content/uploads/2021/06/SENS_2021.pdf JSE website: https://senspdf.jse.co.za/documents/2021/jse/isse/cks/cbl2021.pdf The consolidated and company annual financial statements were audited by BDO 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: http://www.cbl.co.za/wp- content/uploads/2021/06/AFS_2021.pdf, which also provides more details on the key audit matters. 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 and our sponsor’s offices on workdays during business hours, at no charge. Mount Edgecombe 30 June 2021 Sponsor: Sasfin Capital (a member of the Sasfin Group) Page 2 of 2 Date: 30-06-2021 05:00:00 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.