WOOLWORTHS HOLDINGS LIMITED - Further Trading Statement in respect of the 52 Weeks ended 25 June 2023

Further Trading Statement in respect of the 52 Weeks ended 25 June 2023

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
LEI: 37890095421E07184E97
Share code: WHL
Share ISIN: ZAE000063863
Bond Company code: WHLI
(‘the Group’, ‘the Company’)

FURTHER TRADING STATEMENT IN RESPECT OF THE 52 WEEKS ENDED 25 JUNE 2023

Shareholders and noteholders are referred to the announcement released on the Stock Exchange News Service
(‘SENS’) on 22 August 2023, wherein the Group advised the earnings ranges for Earnings per share (‘EPS’),
Headline EPS (‘HEPS’) and adjusted diluted HEPS (‘adHEPS’) for the Total Group (which includes a 9-month
contribution from David Jones in the current year, versus a full 12-month contribution in the prior year).

The Group advises that subsequent to the release of the previous SENS, we have successfully concluded the
completion accounts process related to the sale of David Jones. Pursuant to this, the Group’s Total EPS is now
expected to be within the 35.0% to 45.0% range (previously 30%-40%). Guidance for HEPS and adHEPS remains
unchanged. The revised ranges for the total business are therefore expected to be as outlined below:

                                 Total Group
             26 June 2022       25 June 2023        25 June 2023
                 reported     expected range      expected range
                  (cents)                (%)             (cents)
EPS                 387.4     35.0% to 45.0%      523.0 to 561.7
HEPS                398.9     25.0% to 35.0%      498.6 to 538.5
adHEPS              374.9     30.0% to 40.0%      487.4 to 524.9

The guidance provided for EPS, HEPS and adHEPS for Continuing operations for the current year, as reported on
SENS on 28 July 2023, remains unchanged. The Group’s results for the year are scheduled to be released on SENS
tomorrow, 30 August 2023 at 07h05 (SAST).

The information contained in this announcement is presented in accordance with the JSE Listings Requirements
and has not been reviewed or reported on by the Company’s external auditors.

Contact:
ZaidManjra@woolworths.co.za (Interim Chief Financial Officer)
JeanineWomersley@woolworths.co.za (Investor Relations)
InvestorRelations@woolworths.co.za
Cape Town

29 August 2023

JSE Equity and Debt Sponsor
Investec Bank Limited



                                                                                                           

Date: 29-08-2023 05:05:00
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