Short form announcement: Unaudited financial results for the six months ended 31 August 2020 IMBALIE BEAUTY LIMITED (Incorporated in the Republic of South Africa) (Registration number 2003/025374/06) JSE code: ILE ISIN: ZAE000165239 ("Imbalie Beauty” or “the Company" or “the Group”) SHORT-FORM ANNOUNCEMENT: UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2020 FINANCIAL HIGHLIGHTS 31 August 2020 31 August 2019 Change R’000 R’000 Revenue 7 646 18 375 (58.4%) Basic loss per share (cents) (0.20) (0.02) >100% Headline loss per share (cents) (0.20) (0.02) >100% The Group’s revenue decreased by 58.4% to R7.6 million and gross profit decreased by 57.6% to R5.6 million and gross profit margins increased to 73.4%. Operating expenses decreased by 33.1% to R8.2 million due to the receipt of UIF TERS re- imbursements, minimal travelling, reduced marketing and a reduction in other operational costs as well as a hand of relief received from suppliers. Loss per share decreased to a loss of 0.20 cents and the headline loss per share decreased to 0.20 cents. 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 Monday, 30 November 2020, via the JSE link and also available on the Company’s website at www.imbaliebeauty.co.za. Copies of the full announcement may also be requested by contacting Esna Colyn by email at esna@imbaliebeauty.co.za and are available for inspection at the Company’s registered office at no charge, weekdays during office hours. The JSE link is as follows: https://senspdf.jse.co.za/documents/2020/jse/isse/ile/int2020.pdf 30 November 2020 Woodmead Designated adviser Exchange Sponsors Date: 01-12-2020 07:30:00 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.