JSE : Audited Consolidated AFS 2022 - As published 07032023

CONTENTS

CONTENTS

REPORTING

SUITE

Annual financial statements

Sets out our financial results, with the GAC report, director's report and annual financial statements prepared in accordance with IFRS.

Disclaimer

Many of the statements in this report constitute forward-looking statements. These are not guarantees or predictions of future performance. The information on which forward-looking statements were based was not audited. Like all businesses, the JSE faces risks and other factors

Integrated annual report

Sets out how the JSE creates value in the context of our business model, strategy, operating context, governance and operational performance.

Sustainability report

Sets out our approach to sustainability and our commitments to support and drive sustainable value creation.

outside of its control. This may lead to outcomes unforeseen by the Group. These are not reflected in the report.

Readers are cautioned not to place undue reliance on forward-looking statements.

Remuneration report (rewarding value creation)

Sets out the JSE's remuneration philosophy and policy, and how it was implemented in 2022.

Notice of AGM and proxy form

Sets out the notice of the JSE's AGM of shareholders to be held on 9 May 2023, together with the summarised report containing the required financial disclosures.

CONTENTSREPORTING SUITE

RESPONSIBILITY FOR FINANCIAL STATEMENTS

Declaration in terms of the Companies Act, 71 of 2008 (as amended) (Companies Act)

The preparation of these financial statements has been supervised by the Group chief financial officer, Fawzia Suliman, CA(SA), in terms of sections 29 and 30 of the Companies Act. The annual financial statements have been audited by Ernst & Young Inc. in compliance with the applicable requirements of the Companies Act.

F Suliman

Group Chief Financial Officer

The directors are also responsible for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether owing to fraud or error, and for maintaining adequate accounting records and an effective system of risk management.

The directors have assessed the ability of the Company and its subsidiaries to continue as going concerns and have no reason to believe that the businesses will not be going concerns in the year ahead.

The auditor is responsible for reporting on whether the consolidated and separate financial statements are fairly presented in accordance with the applicable financial reporting framework.

JSE directors' responsibility statement

for the year ended 31 December 2022

The directors are responsible for the preparation and fair presentation of the consolidated and separate annual financial statements of the JSE Limited, comprising the statements of financial position at 31 December 2022, and the statements of comprehensive income, changes in equity and cash flows for the year then ended, and the notes to the financial statements, which include a summary of significant accounting policies and other explanatory notes, in accordance with International Financial Reporting Standards (IFRS) and the requirements of the Companies Act of South Africa. In addition, the directors are responsible for preparing the directors' report.

Approval of consolidated and separate annual financial statements

The consolidated and separate annual financial statements of the JSE Limited, as identified in the first paragraph in the directors' responsibility statement,

were approved by the Board of directors on 7 March 2023 and signed by:

CONTENTSREPORTING SUITE

RESPONSIBILITY FOR FINANCIAL STATEMENTS

Declaration by Group Chief Executive Officer and Group Chief Financial Officer

for the year ended 31 December 2022

The Group Chief Executive Officer and the Group Chief Financial Officer hereby confirm that:

1. the consolidated and separate annual financial statements set out on
   pages 28 to 117 fairly present in all material respects the financial position, financial performance and cash flows of the JSE Limited in terms of IFRS;
2. to the best of our knowledge and belief, no facts have been omitted or untrue statements made that would make the annual financial statements false or misleading;
3. internal financial controls have been put in place to ensure that material information relating to JSE Limited and its consolidated subsidiaries have been provided to effectively prepare the financial statements;
4. the internal financial controls are adequate and effective and can be relied upon in compiling the annual financial statements, having fulfilled our role and function as executive directors with primary responsibility for implementation and execution of controls;
5. where we are not satisfied, we have disclosed to the audit committee and the auditors any deficiencies in design and operational effectiveness of the internal financial controls and have taken steps to remedy the deficiencies; and
6. we are not aware of any fraud involving directors.

Declaration by Group Company Secretary

for the year ended 31 December 2022

The JSE Limited has complied with all statutory and regulatory requirements in accordance with the Financial Markets Act, and all directives issued by the Financial Sector Conduct Authority. In terms of section 88 of the Companies Act, as amended, I declare that to the best of my knowledge the JSE has lodged with the Registrar of Companies all such returns as are required of a public company in terms of the Companies Act and that all such returns are true, correct and up to date.

GA Brookes

Group Company Secretary