APPEN LIMITED — Earnings Release 2022

Feb 26, 2023

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Appen Limited Level 6, 9 Help Street Chatswood NSW 2067

Tel : 02 9468 6300 www.appen.com

ASX ANNOUNCEMENT

27 February 2023

APPENDIX 4E

In accordance with ASX Listing Rule 4.3A, Appen Limited ( Appen ) (ASX:APX) provides the attached Appendix 4E for the year ended 31 December 2022.

This document should be read in conjunction with the Appen 2022 Annual Report, released separately to the ASX and accessible in the Investor section of Appen’s website (www.Appen.com/investors).

Authorised for release by the Board of Appen Limited.

Please contact for more information:

Rosalie Duff Investor Relations +61 2 9468 6300 investorrelations@appen.com www.appen.com/investors

Appen Limited Appendix 4E Results for announcement to the market

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Company details

Name of entity: Appen Limited ASX code: APX ABN: 60 138 878 298 Reporting period: For the year-ended 31 December 2022 Corresponding period: For the year ended 31 December 2021

All monetary references in this Appendix 4E and the Appen Limited 2022 Annual Report are references in US Dollars ($), unless otherwise stated.

Results for announcement to the market

Year-ended 31 December 2022

			$000
Revenue and other income from ordinary activities	down	13.1% to	388,493
Profit from ordinary activities after tax attributable to the
owners of Appen Limited	down	938.3% to	(239,068)
Profit for the year attributable to the owners of Appen
Limited	down	938.3% to	(239,068)

The profit after tax figures includes the New Markets (ex-China) impairment loss of $204,326,000, which was advised to the ASX on 13 February 2023.

Dividends

Given the performance for the year ended 31 December 2022, and to ensure appropriate allocation of capital, the Directors have determined not to pay a final dividend for the year ended 31 December 2022.

The Directors also determined not to pay a 2022 interim dividend.

There is no current dividend reinvestment plan in place.

The 2021 final dividend (paid on 18 March 2022) was AU 5.5 cents per share and the 2021 interim dividend (paid on 24 September 2021) was AU 4.5 cents per share.

Net tangible assets

	Reporting	Corresponding
	period	period
	US Cents	US Cents
Net tangible assets per ordinary security	31.13	62.36

Appen Limited Appendix 4E Results for announcement to the market

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Audit qualification or review

The financial statements have been audited and an unmodified opinion has been issued.

Additional Appendix 4E requirements

For additional Appendix 4E disclosure requirements, please refer to the Appen Limited 2022 Annual Report. This document should be read in conjunction with the 2022 Annual Report and any public announcements made in the period by Appen Limited in accordance with the continuous disclosure requirements of the Corporations Act 2001 (Cth) and the ASX Listing Rules.

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