15 February 2021

Company Announcements Office Australian Securities Exchange Limited 20 Bridge Street

SYDNEY NSW 2000

2021 HALF YEAR RESULTS - APPENDIX 4D & HALF YEAR FINANCIAL REPORT

Seven West Media Limited (ASX: SWM) attaches the Appendix 4D and Half Year Financial Report for the half year ended 26 December 2020.

This release has been authorised to be given to ASX by the Board of Seven West Media Limited.

Ends.

For more details:

Alan Stuart

Jack McLintock

Investors/Analysts

Media

T: +61 2 8777 7211

T: +61 2 8777 7166

E:astuart@seven.com.au

E:jmclintock@seven.com.au

Seven West Media Limited / 50 Hasler Road, Osborne Park WA 6017 Australia / PO Box 7077, Alexandria NSW 2015 Australia T +61 2 8777 7777 / ABN 91 053 480 845

Seven West Media Limited

Appendix 4D

Half Year Financial Report for the half year ended 26 December 2020

Results for announcement to the market

Dec 2020 $'000

Restated3 Dec 2019 $'000

MovementReported

Revenue from ordinary activities Other income

Revenue and other income

Profit (loss) from ordinary activities after tax from continuing operations attributable to members

Net profit (loss) from continuing operations for the period attributable to members

Additional information Group EBIT1

Group EBITDA2

Significant items of income (expense) before tax

Profit before tax excluding significant items from continuing operations

Profit after tax excluding significant items net of tax from continuing operations

714,467 774 715,241

Down 9.8% N/A Down 9.9%

  • 116,188 (47,876) N/A

  • 116,206 (48,680) N/A

  • 117,238 Up 29.4%

  • 133,134 Up 24.4%

  • 41,493 (165,575) N/A

  • 96,809 Up 24.8%

  • 68,462 Up 26.5%The current reporting period relates to the period from 28 June 2020 to 26 December 2020 and the previous reporting period relates to the period from 30 June 2019 to 28 December 2019.

Dividends

No dividends were declared or paid during the half year ended 26 December 2020 or during the prior corresponding period.

Net tangible assets

Dec 2020

Jun 2020

Net tangible asset backing per ordinary share (cents)

(0.39)

(0.47)

Entities over which control was gained or lost during the period

On 9th July 2020, the Group disposed of its investment in 7Beyond Media Rights Limited. On 9th July 2020, the Group disposed of its investment in Seven West Studios Limited.

Note 1: Group EBIT is profit before significant items, net finance costs and tax from continuing operations

Note 2: Group EBITDA is profit before significant items, net finance costs, tax, depreciation and amortisation from continuing operations Note 3: Prior year figures have been restated for amendments to AASB 112 Income Taxes and discontinued operations

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Table of Contents

Directors' Report 1

Review of Operations 4

Auditor's Independence Declaration 9

Financial Statements

Consolidated Statement of Profit or Loss and Other Comprehensive Income 10

Consolidated Statement of Financial Position 11

Consolidated Statement of Changes in Equity 12

Consolidated Statement of Cash Flows 13

Notes to the Financial Statements 14

Directors' Declaration 39

Independent Auditor's Report 40

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Seven West Media Limited published this content on 15 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2021 05:22:03 UTC.