Results for the year ended 31 December 2021 and announcement of dividend declaration ADvTECH Limited (Incorporated in the Republic of South Africa) (Registration number:1990/001119/06) JSE code:ADH ISIN:ZAE000031035 Income taxation number: 9550/190/71/5 ("ADvTECH" or "the group”) RESULTS FOR THE YEAR ENDED 31 DECEMBER 2021 AND ANNOUNCEMENT OF DIVIDEND DECLARATION 1. Salient features Revenue increased by 8% to R5 917 million from R5 499 million in the prior corresponding year. Operating profit before interest and non-trading items increased by 22% to R1 108 million from R908 million in the prior corresponding year. Normalised earnings increased by 35% to R656 million from R486 million in the prior corresponding year. Normalised earnings per share (“NEPS”) increased by 35% to 121.5 cents per share from 90.2 (restated) cents per share in the prior corresponding year. Headline earnings per share (“HEPS”) increased by 33% to 121.6 cents per share from 91.6 (restated) cents per share in the prior corresponding year. Earnings per share (“EPS”) increased by 44% to 123.1 cents per share from 85.5 cents per share in the prior corresponding year. A full year dividend of 50.0 cents per share was declared compared to the 20.0 cents per share declared for the prior corresponding year. 2. Declaration of final dividend no. 23 Following a period of significant investment, the group is now benefiting from these investment returns. The growth trend and good cash generation is expected to continue, which together with a sound balance sheet and significantly reduced net borrowings, has given the board confidence to re-instate the payment of dividends at a similar cover ratio as was in place prior to the economic disruption caused by the COVID-19 pandemic. Therefore, the board is pleased to announce a final gross dividend declaration of 31.0 cents (2020: 20.0 cents) per ordinary share in respect of the year ended 31 December 2021. This brings the full year dividend to 50.0 cents (2020: 20.0 cents) per share. This is a dividend as defined in the Income Tax Act, 1962, and is payable from income reserves. The South African dividend taxation (DT) rate is 20%. The net amount per share payable to shareholders, who are not exempt from DT, is 24.8 cents per share, while net amount per share is 31.0 cents for those shareholders who are exempt from DT. There are 554 459 991 ordinary shares in issue; the total dividend amount payable is R171.9 million. The salient dates applicable to the dividend referred to above are as follows: Declaration of dividend by the board: Thursday, 24 March 2022 Announcement of annual results for 2021 on SENS: Monday, 28 March 2022 Last day to trade in order to participate in the dividend: Monday, 11 April 2022 Trading commences ex-dividend: Tuesday, 12 April 2022 Record date: Thursday, 14 April 2022 Dividend payment date: Tuesday, 19 April 2022 Annual general meeting (AGM): Thursday, 26 May 2022 Share certificates may not be dematerialised and rematerialised between Tuesday, 12 April 2022, and Thursday, 14 April 2022, both days inclusive. 3. Short-form announcement This short form announcement, which is the responsibility of ADvTECH’s directors, is only a summary of the information in the full announcement and does not contain full or complete details. Any investment decisions by shareholders and/or investors should be based on consideration of the full announcement published on SENS on 28 March 2022. The full announcement can be found at: https://senspdf.jse.co.za/documents/2022/jse/isse/ADH/AFSYE2021.pdf The full announcement is also available for viewing on the company’s website at: https://irp.cdn-website.com/24847d5c/files/uploaded/ADvTECH%20Long%20Form%20SENS%20YE2021.pdf or a copy may be requested in person, at the company’s registered office or the office of the sponsor, at no charge, during office hours. Copies of the full announcement may also be requested from ADvTECH’s group investor relations at investorrelations@advtech.co.za. Ernst & Young Inc., the group’s independent auditor, has audited the consolidated annual financial statements of ADvTECH and has expressed an unmodified audit opinion on the consolidated annual financial statements. The auditor report (with Key Audit Matters) issued on the consolidated annual financial statements and the actual consolidated annual financial statements can be accessed at: https://irp.cdn- website.com/24847d5c/files/uploaded/ADvTECH%20Group%20Annual%20Financial%20Statement% 20-%20December%202021.pdf This short-form announcement itself is not audited or reviewed. 28 March 2022 Johannesburg Sponsor: Bridge Capital Advisors Proprietary Limited Date: 28-03-2022 08:29:00 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. 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