CANCELLATION OF S439212 Unaudited Interim Results for the Six Months Ended 31 August 2020 and Interim Dividend Declaration (Number 12) NVEST FINANCIAL HOLDINGS LIMITED AND ITS SUBSIDIARIES (Incorporated in the Republic of South Africa) (Registration number 2008/015990/06) (“NVest” or “the Company” or “the Group”) ISIN Code: ZAE000199865 JSE Code: NVE SHORT FORM SENS ANNOUNCEMENT UNAUDITED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2020 AND INTERIM DIVIDEND DECLARATION (NUMBER 12) Salient Features Extracted from the interim condensed consolidated financial statements: Unaudited Unaudited 31 August 31 August Percentage 2020 2019 change Revenue 144,360,015 141,872,830 1.75% Operating Profit 29,740,454 42,599,475 (30.19%) Headline earnings per share (cents) 13.51 10.18 32.71% Earnings per share (cents) 9.28 10.18 (8.84%) Dividend (cents per share) 5.50 5.25 4.76% Net Asset Value per share (cents) 162.38 153.00 6.13% Short-Form Announcement The short-form announcement is the responsibility of the directors and is only a summary of information set out in the full announcement which is available on the company’s website (www.nvestholdings.co.za). This announcement does not contain full or complete details and any investment decisions by investors and/or shareholders should be based on consideration of the published SENS available on: https://senspdf.jse.co.za/documents/2020/JSE/ISSE/NVE/NVEIR20.pdf DIVIDEND DECLARATION The Board has declared an interim dividend (Number 12) of 5.50 cents per share, which amounts to 40.7% of headline earnings. The dividend is declared out of income reserves of the Group. The dividend will be subject to a dividend withholding tax rate of 20% or 1.10 cents per ordinary share. Shareholders, unless exempt or qualifying for a reduced withholding tax rate, will receive a net dividend of 4.40 cents per share. NVest’s tax reference number is 9053981180. The number of ordinary shares which will be eligible for the dividend at the declaration date is 303 241 722. The salient dates for the dividend will be as follows: 2020 Last date to trade “cum? dividend Tuesday, 1 December Shares commence trading ”ex” dividend Wednesday, 2 December Record date (date shareholders recorded in share register) Friday, 4 December Payment date Monday, 7 December Shareholders may not dematerialise or rematerialise their share certificates between Wednesday, 2 December 2020 and Friday, 4 December 2020, both dates inclusive. Copies of the full announcement may be requested from the Company (Brendan Connellan, brendanc@nvestholdings.co.za) or inspected at the registered office and/or the Designated Advisors’ office, at no charge, during office hours. Johannesburg 23 November 2020 Designated Advisor AcaciaCap Advisors Proprietary Limited Date: 26-11-2020 02:09:59 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.