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EBOS GROUP LIMITED

APPENDIX 4D

Interim Report for the Six Months Ended 31 December 2021

RESULTS FOR ANNOUNCEMENT TO THE MARKET

The following information is presented in accordance with ASX listing rule 4.2A.3 and should be read in conjunction with the attached EBOS Group Limited condensed consolidated interim unaudited financial statements for the six months ended 31 December 2021.

1. DETAILS OF THE REPORTING PERIOD AND THE PREVIOUS CORRESONDING PERIOD

Current period:

Six months ended 31 December 2021

Previous corresponding period

Six months ended 31 December 2020

This report and the attached condensed consolidated interim unaudited financial statements are presented in Australian dollars, being the Group's presentation currency.

2.

RESULTS FOR ANNOUNCEMENT TO THE MARKET

Group Results

31 Dec 2021

31 Dec 2020

Change

(Unaudited)

AUD $000

AUD $000

%

Revenue

5,250,860

4,653,298

12.8%

Earnings before depreciation, amortisation, net finance costs

199,881

182,219

9.7%

and tax expense (EBITDA)

Depreciation and amortisation

(38,568)

(36,309)

6.2%

Earnings before interest and tax (EBIT)

161,313

145,910

10.6%

Profit before tax (PBT)

147,513

131,859

11.9%

Net profit after tax (NPAT)

101,992

92,969

9.7%

Net profit after tax (NPAT) attributable to owners of the

101,866

92,865

9.7%

Company

Weighted average number of shares

165,875

163,280

1.6%

Basic EPS - (CPS)

61.4

56.9

8.0%

Net tangible asset backing per ordinary share - ($)

$2.18

($0.75)

Underlying EBITDA

(refer reconciliation below)

207,652

184,140

12.8%

Underlying EBIT

(refer reconciliation below)

169,084

147,831

14.4%

Underlying Net profit after tax (NPAT) attributable to the

owners of the Company

(refer reconciliation below)

109,271

94,346

15.8%

Underlying EPS - (CPS) 1

66.6

57.8

15.2%

1 Underlying EPS is calculated as underlying NPAT divided by the weighted average number of shares on issue during the period, excluding the impact of shares issued from the share placement, of 19.5m shares, in December 2021

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EBOS GROUP LIMITED

APPENDIX 4D

Dividends

Amount per NZ Cents Per

Franked amount per

Share

security to 30% tax rate

Interim dividend payable 18 March 2022

47.0c

100%

Interim dividend - previous corresponding

period

42.5c

100%

Key dates for the 2022 Interim Dividend

Ex-dividend date

3 March 2022

Record date

4 March 2022

(5.00pm NZDT)

Dividend payment date

18 March 2022

Other Comments

The interim dividend will be imputed to 25% for New Zealand tax resident shareholders, and a supplementary dividend paid to eligible non-resident shareholders.

3. RECONCILIATION OF REPORTED TO UNDERLYING EARNINGS

2 The six months to 31 December 2021 one-off costs comprise merger and acquisition transaction costs of $7.8m (2020: $1.9m) on a pre-tax basis ($7.4m (2020: $1.5m) on a post-tax basis).

Underlying EBITDA, Underling EBIT and Underlying Net Profit after Tax attributable to the owners of the Company are non-GAAP measures, which adjust for the effects of one-off costs.

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EBOS GROUP LIMITED

APPENDIX 4D

For supplementary comments on the Group's financial results refer to the Results Presentation, Letter to Shareholders and Media Release issued 16 February 2022.

4. ENTITIES ACQUIRED

Details of material acquisitions undertaken during the period have been disclosed, in aggregate, in Note 10 of the attached condensed consolidated interim unaudited financial statements.

5. DIVIDENDS PAID AND DECLARED

Group Results

Amount

Amount

Total

(Unaudited)

Per Share

Per Share

Amount

Date Paid / Payable

(NZ$ Cents)

(A$ Cents)

(A$)

Dividends declared in respect of

the year ending 30 June 2022

2022 interim dividend

47.0 cents

44.3 cents

$81,347,000

18 March 2022

Dividends paid attributable to the

year ended 30 June 2021

2021 interim dividend

42.5 cents

39.5 cents

$64,631,000

18 March 2021

2021 final dividend

46.0 cents

44.1 cents

$72,228,000

24 September 2021

88.5 cents

83.6 cents

136,859,000

Dividends are approved by the Board in New Zealand dollars. Dividends recognised in the Statement of Changes in Equity are converted from New Zealand dollars to Australian dollars at the exchange rate applicable on the date the dividend was approved. Unrecognised dividends are converted at the exchange rate applicable on the reporting date.

6. DIVIDEND REINVESTMENT PLAN

The Company's dividend reinvestment plan ('DRP') will not operate for the 2022 interim dividend.

7. ASSOCIATES AND JOINT VENTURES

The Group equity accounted the following associate entities at 31 December 2021.

Name of business

Proportion of shares and voting rights

Animates NZ Holdings Limited

50.00%

Good Price Pharmacy Franchising Pty Limited

44.18%

Good Price Pharmacy Management Pty Limited

44.18%

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EBOS GROUP LIMITED

APPENDIX 4D

Income from the individual Associates has not been separately disclosed as it is considered immaterial. Total income from Investments in Associates for the six months ended 31 December 2021 was $4,088,000 (2020: $2,855,000).

8. FOREIGN ENTITIES

The condensed consolidated interim unaudited financial statements are presented in Australian dollars and comply with International Financial Reporting Standards ("IFRS").

9. INDEPENDENT AUDIT REVIEW

The condensed consolidated interim financial statements have been reviewed by an independent auditor, and the auditor has given an unmodified review opinion.

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EBOS GROUP LIMITED

INTERIM REPORT

FOR THE SIX MONTHS

ENDED 31 DECEMBER 2021

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EBOS Group Limited published this content on 15 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2022 20:46:04 UTC.