Super Retail : Appendix 4E and 2022 Annual Report

17 August 2022

ASX Announcement

Appendix 4E and Annual Report

Super Retail Group Limited (ASX:SUL) attaches its Appendix 4E and Annual Report for the financial year ended 2 July 2022 for release to the market.

For further information contact:

Investor enquiries:

Robert Wruck, Head of Investor Relations

Ph: 0414 521 124

1. [e-mail]

Media enquiries:

Kate Carini

Ph: 0402 348 820

1. [e-mail]

The release of this announcement has been authorised by the Board of Super Retail Group Limited.

APPENDIX 4E
PRELIMINARY FINAL REPORT
SUPER RETAIL GROUP LIMITED (SUL)
ABN 81 108 676 204
Statutory Results
Current Reporting Period:	From 27 June 2021 to 2 July 2022 (53 weeks)
Previous Reporting Period:	From 28 June 2020 to 26 June 2021 (52 weeks)
Results for Announcement to the Market
	Statutory Results	Comparison to 2021
	Statutory Results
	$m
		$m
Revenue from ordinary activities	3,550.9		Up 2.8% from $3,453.1
Profit from ordinary activities after tax attributable to
members	241.2		Down 19.9% from $301.0
Net profit for the period attributable to members	241.2		Down 19.9% from $301.0
Dividends - Ordinary Shares
	Amount Per Share	Franked Amount Per
	Share
Interim dividend - Current Period	27.0¢		27.0¢
Final dividend - Current Period(1)	43.0¢		43.0¢
Record date for determining entitlements to the final dividend	7 September 2022

(1)Determined 17 August 2022, payable 17 October 2022.

Brief explanation of figures reported above to enable the figures to be understood

This report is based on the consolidated financial statements which have been audited. The audit report, which was unqualified, is included within the Company's Annual Report for the financial year ended 2 July 2022 which accompanies this Appendix 4E.

For a brief explanation of the figures above please refer to the Results Announcement for the financial year ended 2 July 2022 and the Directors' Report, which forms part of the Annual Report.

Key highlights include:

• Total Group sales up 2.8 per cent to $3.55 billion1 (or 1.0 per cent adjusted for 53rd week) driven by a strong second half performance
• Group like-for-like sales down 0.6 per cent.2 Second half like-for-like sales up 5.0 per cent3
• Online sales up 44 per cent to $601 million
• Group gross margin 46.8 per cent
• Normalised profit before tax (PBT) down 20 per cent to $349.6 million
• Normalised net profit after tax (NPAT) down 20 per cent to $244.1 million
• Basic EPS of 106.8 cents and normalised EPS of 108.1 cents
• Fully franked final dividend of 43.0 cents per share, bringing the full year dividend to 70.0 cents per share
• Active club members up 14 per cent to 9.2 million4

1. FY22 was a 53-week trading period compared to FY21, which was a 52-week trading period. Sales and earnings growth numbers in this announcement compare 53-weeks of trading with 52-weeks of trading unless otherwise indicated.
2. Like-for-likesales growth numbers in this announcement compare 52-weeks of trading with 52-weeks of trading.
3. Second half like-for-like sales growth numbers in this announcement compare 26-weeks of trading with 26-weeks of trading.
4. Active club members are club members who have shopped in the last 12 months.

APPENDIX 4E

PRELIMINARY FINAL REPORT

SUPER RETAIL GROUP LIMITED (SUL)

ABN 81 108 676 204

Dividends or distribution reinvestment plans

The Dividend Reinvestment Plan (DRP) enables shareholders to reinvest all or part of their dividends into Super Retail Group shares at a price determined as the average daily volume weighted average price of the Super Retail Group Limited Shares on the ASX, excluding trades which are not considered to reflect normal supply and demand, on each of the 10 consecutive trading days during the period from 12 September 2022 to 23 September 2022. Shares issued through the DRP are fully paid and rank equally with existing fully paid ordinary shares.

The last date for election under the Dividend Reinvestment Plan will be 8 September 2022.

Foreign Entities

Foreign entities have been accounted for in accordance with Australian Accounting Standards.

Details of associates and joint venture entities

Name of entity	Ownership percentage
Autoguru Australia Pty Ltd - associate	38.3%

Control gained or lost over entities during the period

(a) Names of entities where control was gained in the period

There were no entities over which control was gained during the period.

(b) Names of entities where control was lost in the period

There were no entities over which control was lost during the period.

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Acknowledgement of Country

Super Retail Group acknowledges the Traditional Custodians of Country throughout Australia and recognises their continuing connection to land, waters and communities. We pay our respect to Aboriginal and Torres Strait Islander cultures; and to Elders past and present.

We are committed to reconciliation and, in FY23, aim to publish our first Reflect Reconciliation Action Plan, setting out how we can come together with First Nations communities in meaningful partnership and with greater impact for all.

We also operate in Aotearoa New Zealand, and we acknowledge ngā iwi Māori as Tangata Whenau (First People) of Aotearoa. Super Retail Group is committed to upholding the Treaty of Waitangi principles, developing relationships with, and supporting local iwi.

Manaaki whenua,

Manaaki tāngata,

Haere whakamua.

If we care for the land, If we care for the people,

We can move forward into the future.

Māori proverb