Asaleo Care : Full Year Statutory Accounts

17 February 2021

Company Announcements Office ASX Limited

20 Bridge Street Sydney NSW 2000

Electronic lodgement via ASX Online

Asaleo Care Limited (AHY) - Appendix 4E for the full year ended 31 December 2020

In accordance with ASX Listing Rule 4.3A, please find attached the Appendix 4E for the full year ended 31 December 2020 for immediate release. The Appendix 4E incorporates the Annual Financial Report.

Yours sincerely,

James Orr Company Secretary Asaleo Care Limited

Appendix 4E Rule 4.3A

Preliminary Final Report

Asaleo Care Limited ABN 61 154 461 300

1. Details of reporting period and the previous corresponding period

Reporting Period:	year ended 31 December 2020
Previous Corresponding Period:	year ended 31 December 2019
2. Results for announcement to the market
Key information	2020
Statutory results*

419,157

2019**

• 2.1 Revenue from ordinary activities ('000s)

• 2.2 Net profit after tax for the period attributable to members ('000s)

• 2.3 Net profit after tax from continuing operations

  ('000s)

32,296

Up

Up

2.3% 46.2%from from

409,694 22,088 30,522

38,186

Up

25.1%from

• 2.4 Basic earnings per share (cents)

• 2.5 Diluted earnings per share (cents)

5.9 5.9

Up Up

43.9% 43.9%

from from

4.1 4.1

Underlying results*

• 2.1 Revenue from ordinary activities ('000s)

  419,157

  Up Up

  2.3%

  from from from from from

  409,694

• 2.2 EBITDA

  89,181

  6.3%

  83,862

• 2.3 Net profit after tax for the period attributable to members ('000s)

  39,029

  Up

  15.5%

  33,792

• 2.4 Basic earnings per share (cents)

  7.2

  Up Up

  16.1%

  6.2

• 2.5 Diluted earnings per share (cents)

7.2

16.1%

6.2

Dividends	Amount per security	Franked amount per security
Current period 2.6 Final dividend 2.5 Interim dividend	3.0 cents 0.0 cents	100% -
Previous corresponding period 2.5 Final franked dividend 2.5 Interim franked dividend	2.0 cents 0.0 cents	nil -

2.6 Record date for determining entitlements to the dividend

16th March 2021

31 December 2020	31 December 2019
2.7 Net tangible asset backing per ordinary security (cents per share)	7.2	4.5

For explanation of the figures reported above or other item(s) of importance not previously released to the market, please refer to the attached Annual Financial Report (which incorporates the Directors' Report, Remuneration Report, Operating and Financial Review and Financial Report) for explanations.

Additional Appendix 4E disclosure requirements can be found in the attached Annual Financial Report.

* Supplementary comments

To assist shareholders in their understanding of the Asaleo Care Group's business, underlying financial information for the years ended 31 December 2020 and 31 December 2019 is included in the table above and in the Company's Investor Presentation (attached), released to the ASX on 17 February 2021. A reconciliation between the underlying financial information and Asaleo Care Group's statutory financial information is included within the Operating and Financial Review section of the Directors' Report. The statutory results in this report are based on the Annual Financial Report, which has been audited by PricewaterhouseCoopers.

** Restated 2019 results

Numbers have been restated due to the classification of Baby business as a discontinued operation.

James Orr

Date: 17 February 2021

ASALEO CARE LIMITED AND ITS CONTROLLED ENTITES

ABN 61 154 461 300

ANNUAL FINANCIAL REPORT

for the year ended

31 December 2020