Interim results for the six months ended 31 August 2021 Combined Motor Holdings Limited (Registration number: 1965/000270/06) (Share code: CMH) (ISIN: ZAE000088050) ("the Company" or "the Group") GROUP FINANCIAL HIGHLIGHTS FOR THE SIX MONTHS ENDED 31 AUGUST 2021 - Sound all-round financial performance - Income statement improvement on all levels: revenue, margins, expenses, interest - 80+% of staff have received Covid-19 vaccination - HEPS up 1 529% vs 2020 - HEPS up 65% vs 2019 - No interim dividend last year. Current year 110 cents, up 80% vs 2019 Unaudited Unaudited Unaudited Audited 6 months 6 months 6 months 12 months Change 31 August 31 August 31 August 28 February % 2021 2020 2019 2021 Total assets (R'000) 8 3 532 643 3 258 088 3 578 634 3 274 003 Cash resources (R'000) 5 640 232 609 646 539 664 754 825 Net asset value per share (cents) 20 1 292 1 074 1 014 1 216 Revenue (R'000) 55 5 500 619 3 546 489 5 717 648 8 579 558 Operating profit (R'000) 427 256 124 48 638 200 067 345 045 Total profit/(loss) and comprehensive income (R'000) 1 148 149 506 (14 264) 90 495 168 763 Basic earnings per share (cents) 1 153 200 (19) 121 226 Headline earnings per share (cents) 1 529 200 (14) 121 230 Dividend paid per share (cents) 100 Dividend per share in respect of six months to August 2021 (cents) - payable December 2021 (cents) 100 110 - 61 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 complete details. Any investment decision should be based on the full announcement which can be found on the Company's website at https://www.cmh.co.za/interim-results/ and at the following link https://senspdf.jse.co.za/documents/2021/jse/isse/CMH/CMHIR2021.pdf. The full announcement is also available for inspection at the Company's registered office, and copies thereof may be requested at no charge, during office hours by phoning the Company Secretary on +27 31 5804200. Dividend declaration A dividend of 110 cents per share will be paid on Monday, 20 December 2021 to members reflected in the share register of the Company at the close of business on the record date, Friday, 17 December 2021. Last day to trade cum dividend is Monday, 13 December 2021. First day to trade ex dividend is Tuesday, 14 December 2021. Share certificates may not be dematerialised or rematerialised from Tuesday, 14 December 2021 to Friday, 17 December 2021, both days inclusive. The number of ordinary shares in issue at the date of the declaration is 74 801 998. Consequently, the gross dividend payable is R82 282 198 and will be distributed from income reserves. The dividend will be subject to dividend withholding tax at a rate of 20%, which will result in a net dividend of 88 cents to those shareholders who are not exempt in terms of section 64F of the Income Tax Act. 19 October 2021 Sponsor PWC Date: 19-10-2021 09:45:00 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.