XERO LIMITED — Earnings Release 2020

May 13, 2020

APPENDIX 4E

14 May 2020

Xero Limited

ARBN 160 661 183 (incorporated in New Zealand)

Reporting period	12 months to 31 March 2020
Previous corresponding period	12 months to 31 March 2019

Results for announcement to the market

Results for announcement to the market
	Amount (000s)	% change
Revenues from ordinary activities	NZ$718,231	up 30%
Net proft from ordinary activities	NZ$3,336	NM*
Net proft attributable to security holders	NZ$3,336	NM*

*NM stands for not meaningful

No dividends are proposed and no dividends were declared or paid for the reporting period.

Net tangible assets per share was NZ$0.56 per share at 31 March 2020 (31 March 2019: NZ$0.45 per share). For additional Appendix 4E disclosure requirements refer to Xero Limited’s 2020 Annual Report.

www.xero.com

Xero Limited (XRO) NZ Company no. 1830488 ARBN 160 661 183

Registered Address 19-23 Taranaki St Te Aro Wellington 6011