Reviewed Provisional Condensed Consolidated Financial Statements for the year Ended 29 February 2020 IMBALIE BEAUTY LIMITED "Imbalie Beauty” or “the Company” or “the Group” (Incorporated in the Republic of South Africa) (Registration number 2003/025374/06) JSE code: ILE ISIN: ZAE000165239 Short-form announcement: reviewed provisional condensed consolidated financial results for the year-ended 29 February 2020 FINANCIAL HIGHLIGHTS 29 February 2020 28 February 2019 Percentage Change R’000 R’000 Revenue 33 578 41 809 (19.7)% Basic loss per share (cents) (0.16) (0.24) 33.3% Headline loss per share (cents) (0.27) (0.24) (12.5)% Net asset value per share 2.84 3.03 (6.27)% Note: No dividends were declared during the year ended 29 February 2020. Revenue decreased by 19.7% to R33.6 million with gross profit decreasing by 9.0% to R23.4 million. Gross profit margins increased to 69.7% and operating costs decreased by 19.6% to R24 million. Loss per share decreased to a loss of 0.16 cents and the headline loss per share increased to 0.27 cents. An independent best estimate valuation was performed by a property expert on the Group’s property and was valued at R13.5 million which led to a revaluation deficit of R438 000 (net of taxation). The Company entered into an agreement on 31 July 2020 to conclude the disposal of its property-owning company. SHORT-FORM STATEMENT 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 full or complete details. Any investment decision should be based on the full announcement accessible from Friday, 7 August 2020, via the JSE link and also available on the Company’s website at www.imbaliebeauty.co.za. The JSE link is as follows: https://senspdf.jse.co.za/documents/2020/jse/isse/ile/fin2020.pdf Woodmead 7 August 2020 Designated Adviser Exchange Sponsors Date: 07-08-2020 04:30:00 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.