1H 2022 6 months ended 30 June 2022

RESULTS ANNOUNCEMENT

JENNIFER KANG

ADELINE SIM

Group CFO

Chief Corporate Officer

& Executive Director

DISCLAIMER

This presentation is based on the information we obtained or on the certain assumptions that we understand to be reasonable. However, this is not for the Company to represent or imply and guarantee to the accuracy of completeness of the contents. Further, statement in this presentation may contain forward-looking information that could be impacted by various risks and uncertainties, and that may significantly affect expected results. Therefore, it is to be noted not to entirely rely on forward-looking information.

It should also be noted that this presentation or any statement herein is not allowed to make copy or transfer without our written consent in prior.

1H2022

FINANCIAL HIGHLIGHTS

JENNIFER KANG

Group CFO

1H2022 HAPPY SHAREHOLDER RETURNS

$

$

$

S$61.4M DIVIDEND PAYOUT

S$30M SHARE BUYBACK PROGRAM

Sep 2022 : S$21.3m Interim Dividend

May 2022 : S$30.1m Final Dividend

Jan 2022 : S$10.0m Special Dividend

*

To resume when share price is undervalued, after blackout period

1.5m shares purchased at average S$0.78 totaling S$1.2m from 13 Jun 2022 to 8 Jul 2022 (before blackout period)

9.2m treasury shares available for M&A, employee shares, acquisition of minority interests

*Dividend yield = dividend paid during the year / closing share price on the last trading day of the prior year

3

1H2022 KEY FINANCIALS - DOUBLE DIGIT GROWTH

UNDERLYING NPAT*

36.2%

S$'m

1H20211H2022

GP CONVERSION TO

UNDERLYING NPAT

38.2%46.4%

REVENUE

14.2%

S$'m

52.2

44.0

229.6 259.8

1H20211H2022

GROSS PROFIT

12.3%

S$'m

43.8 52.0

37.0 38.1

1H20211H2022

GROSS MARGIN

29.7% 29.3%

4

*Underlying NPAT refers to Net profit after tax less Gain (Loss) from financial assets mandatorily measured at FVTPL.

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HRnetGroup Ltd. published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 10:13:03 UTC.