Audited results for the year ended 30 September 2021 Astral Foods Limited Incorporated in the Republic of South Africa Registration number: 1978/003194/06 Share code: ARL ISIN: ZAE000029757 Audited results for the year ended 30 September 2021 Revenue up 14% Operating profit down 12% Earnings per share down 15% Headline earnings per share down 15% Final dividend 400 cents per share FINANCIAL RESULTS Audited Audited 12 months 12 months ended ended 30 September 30 September 2020 2021 % R'000 R'000 change (restated) Revenue From continuing operations 15 865 938 14 13 932 210 From discontinued operations 181 300 5 172 071 Profit before interest and tax (operating profit) From continuing operations 710 999 (12) 812 528 From discontinued operations 20 427 25 584 Profit for the period From continuing operations 459 641 (15) 542 242 From discontinued operations 14 082 (26) 18 992 Total assets 7 834 985 7 7 331 046 Total equity 4 161 191 1 4 122 320 Total liabilities 3 673 794 14 3 208 726 Earnings per share 1 225 (15) 1 435 - From continuing operations 1 192 1 399 - From discontinued operations 33 36 Headline earnings per share 1 228 (15) 1 441 - From continuing operations 1 194 1 404 - From discontinued operations 34 37 Dividends per share - declared out of earnings for the period (cents per share) - Interim dividend 300 nil - Final dividend 400 775 - Total dividend 700 (10) 775 (Prior year has been restated to account for certain businesses as discontinued operations.) REGULATORY REQUIREMENTS The information in this announcement has been extracted from the full announcement of the Audited Summarised Consolidated Results. The contents of this short-form announcement are the responsibility of the Board of directors of Astral. The information in the short-form announcement is a summary of the full announcement available on the Company's website at the following link: https://www.astralfoods.com/assets/Documents/Index/Audited-Summarised-Consolidated-results-30-September-2021.pdf, and accordingly does not contain full or complete details. The full announcement can also be accessed online at the following link: https://senspdf.jse.co.za/documents/2021/jse/isse/ARL/ye2021.pdf. Any investment decisions by shareholders/investors should be based on the full announcement as released on the JSE's website and published on the Company's website, www.astralfoods.com. The full announcement is available at the Company's registered office (for inspection, at no charge, during office hours on any business day) and at the offices of the sponsor, Nedbank Corporate and Investment Banking, a division of Nedbank Limited, from 15 November 2021 to 19 November 2021, both days inclusive. Copies of the full announcement may be requested from the registered office of the Company by e-mailing such a request to contactus@astralfoods.com. The auditors, PricewaterhouseCoopers Inc., have issued an unqualified audit opinion in terms of the International Standards on Auditing in respect of the consolidated financial statements for the year ended 30 September 2021. The Audited Consolidated Financial Statements and the auditor's unqualified audit report in terms of International Standards on Auditing, along with their key audit matters are available on the Company's website at the following link: https://www.astralfoods.com/assets/Documents/Index/Auditor's-report-30-September-2021.pdf DECLARATION OF ORDINARY DIVIDEND NUMBER 40 The Board has approved a final dividend of 400 cents per ordinary share (gross) in respect of the year ended 30 September 2021. The dividend will be subject to Dividends Tax that was introduced with effect from 1 April 2012. In accordance with paragraphs 11.17 (a) (i) to (x) and 11.17 (c) of the JSE Listings Requirements the following information is disclosed: - The dividend has been declared out of income reserves; - The local Dividends Tax is 20% (twenty per centum); - The gross local dividend is 400 cents per ordinary share for shareholders exempt from Dividends Tax; - The net local dividend is 320 cents per ordinary share for shareholders liable to pay Dividends Tax; - Astral Foods Limited has currently 42 922 235 ordinary shares in issue (which includes 4 088 577 treasury shares held by a subsidiary and 276 755 held in terms of a forfeitable share scheme); and - Astral Foods Limited's income tax reference number is 9125190711. Shareholders are advised of the following dates in respect of the final dividend: Last date to trade cum-dividend Tuesday, 11 January 2022 Shares commence trading ex-dividend Wednesday, 12 January 2022 Record date Friday, 14 January 2022 Payment of dividend Monday, 17 January 2022 Share certificates may not be dematerialised or rematerialised between Wednesday, 12 January 2022 and Friday, 14 January 2022, both days inclusive. On behalf of the Board T Eloff Chairman CE Schutte Chief Executive Officer Pretoria 15 November 2021 Sponsor Nedbank Corporate and Investing Banking, a division of Nedbank Limited Date: 15-11-2021 07:05:00 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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