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DESANE GROUP HOLDINGS LIMITED Earnings Release 2021

Aug 15, 2021

64769_rns_2021-08-15_fda27e2f-88e2-4007-be4e-1738250f4098.pdf

Earnings Release

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ASX and Media release

ABN/ 61 003 184 932 ASX CODE/ DGH

16 August 2021

Suite 4, Jones Bay Wharf 26-32 Pirrama Road, Pyrmont NSW 2009

PO Box 331, Leichhardt NSW 2040 T/ 02 9555 9922 F/ 02 9555 9944 www.desane.com.au

FY21 RESULTS GUIDANCE

Desane Group Holdings Limited (ASX: DGH or Desane ) wishes to advise that it expects to report earnings before interest and tax (EBIT) in the range of $2.6m to $2.8m for the financial year ended 30 June 2021 . The EBIT for the previous corresponding period was $3.4m. The final FY21 results are subject to completion of the audit review.

Detailed information regarding the operational performance of Desane will be provided to the market with the release of Desane’s audited financial results for the financial year ended 30 June 2021. Following finalisation of the financial statements and completion of the audit review, Desane expects to announce its 2021 results on or before 25 August 2021.

For further information, please visit www.desane.com.au or please contact:

Phil Montrone OAM Jack Sciara Managing Director & CEO Company Secretary Desane Group Holdings Limited Desane Group Holdings Limited (02) 9555 9922 (02) 9555 9922 [email protected] [email protected]

ABOUT DESANE:

Desane Group Holdings Limited is a leading property investment and development company, based in Sydney, Australia. Integrity, work ethic and a commitment to excellence underpins the basis of Desane’s long term vision of ensuring maximum value for its shareholders.