Myer : Appendix 4D and Half-Year Financial Report

About this update from Myer Holdings Limited

use only MYER HOLDINGS LIMITED ABN 14 119 085 602 APPENDIX 4D HALF-YEAR REPORT ASX Listing Rule 4.2A.3 Current reporting period: 26 weeks ended 29 January 2022 Previous corresponding period: 26 weeks ended 23 January 2021 Results for announcement to the market $m personal Total sales from ordinary activities Profit attributable to members of Myer Holdings Limited Net profit after tax before restructuring, space exit (costs)/reversals and impairment of assets up 8.5% to 1,517.4 down (25.0%) to 32.3 down (24.7%) to 32.3 For Amount per Franked amount Dividends security per security Current reporting period 2022 interim dividend 1.5 cents 1.5 cents 2021 final dividend Nil Nil Previous corresponding period 2021 interim dividend Nil Nil 2020 final dividend Nil Nil Record date for determining entitlements to the interim dividend 24 March 2022 Commentary on results for the period For an explanation of the results refer to the ASX and media release. Net tangible assets per ordinary security 29 January 2022 23 January 2021 Net tangible assets per ordinary security 1 ($0.19) ($0.25) 1. Includes right-of-use assets and lease liabilities recognised in accordance with AASB 16 Leases This report is based on the Half-Year Financial Report for the half-year ended 29 January 2022, which has been reviewed by PricewaterhouseCoopers. Additional Appendix 4D disclosures can be found in the attached Half-Year Financial Report, which contains the Directors' Report, the Directors' Declaration and the consolidated financial statements for the half-year ended 29 January 2022. This information should be read in conjunction with the 2021 Annual Financial Report and public announcements made in the period by Myer Holdings Limited, in accordance with the continuous disclosure requirements of the Corporations Act 2001 and ASX Listing Rules. For personal use only Myer Holdings Limited ABN 14 119 085 602 For personal use only Directors' report Auditor's independence declaration Consolidated income statement Consolidated statement of comprehensive income Consolidated balance sheet Consolidated statement of changes in equity Consolidated statement of cash flows Notes to the consolidated financial statements Directors' declaration Independent auditor's review report CONTENTS 2 3 4 5 6 7 8 9 12 13 Myer Half-Year Financial Report 1 For personal use only DIRECTORS' REPORT The directors present their report on the consolidated entity consisting of Myer Holdings Limited (the Company) and the entities it controlled (collectively referred to as the Group) at the end of, or during, the half-year ended 29 January 2022. DIRECTORS The following persons were directors of the Company during the half-year and/or up to the date of this Directors' Report: Director Position JoAnne Stephenson Chairman (appointed 16 September 2021) and independent non-executive director John King Chief Executive Officer and Managing Director Dave Whittle Independent non-executive director Jacquie Naylor Independent non-executive director Ari Mervis Independent non-executive director (appointed 20 September 2021) REVIEW OF OPERATIONS A review of the operations of the Group during the half-year and the results of these operations are contained in Myer's ASX and media release for the period accompanying this report. AUDITOR'S INDEPENDENCE DECLARATION The auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out on page 3. ROUNDING OF AMOUNTS The Company is of a kind referred to in ASIC Corporations (Rounding in Financial/Directors' Reports) Instrument 2016/191 and, except where otherwise stated, amounts in the Half-Year Financial Report have been rounded off to the nearest hundred thousand dollars. This report is made in accordance with a resolution of directors. JoAnne Stephenson Chairman Melbourne 9 March 2022 Myer Half-Year Financial Report 2 For personal use only Auditor's Independence Declaration As lead auditor for the review of Myer Holdings Limited for the period 1 August 2021 to 29 January 2022, I declare that to the best of my knowledge and belief, there have been: no contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the review; and no contraventions of any applicable code of professional conduct in relation to the review. This declaration is in respect of Myer Holdings Limited and the entities it controlled during the period. Alison Tait Melbourne Partner 9 March 2022 PricewaterhouseCoopers PricewaterhouseCoopers, ABN 52 780 433 757 2 Riverside Quay, SOUTHBANK VIC 3006, GPO Box 1331, MELBOURNE VIC 3001 T: 61 3 8603 1000, F: 61 3 8603 1999, www.pwc.com.au Liability limited by a scheme approved under Professional Standards Legislation. 3 This is an excerpt of the original content. To continue reading it, access the original document here .

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