YORK TIMBER HOLDINGS LIMITED - Consolidated annual financial results for the year ended 30 June 2025

Consolidated annual financial results for the year ended 30 June 2025

York Timber Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1916/004890/06)
JSE share code: YRK
ISIN: ZAE000133450
("York" or the "Company" or the "Group")

CONSOLIDATED ANNUAL FINANCIAL RESULTS for the year ended 30 June 2025

RESULTS OVERVIEW

    •    Revenue increased by 14% to R1 995 million
    •    Adjusted EBITDA¹ increased by R75 million to R166 million
    •    Debt increased by R126 million
    •    Net debt stands at R561 million
    •    Cash generated from operations increased by R119 million to R148 million
    •    Biological asset value increased by 19%² to R3 249 million
    •    Net working capital increased by 9% to R223 million
    •    Earnings per share increased from 12.97 cents² to 68.19 cents
    •    Headline earnings per share increased from 13.74 cents² to 66.69 cents
    •    Core earnings³ per share improved from a loss of 10.74 cents to a loss of 0.28 cents
    •    Net asset value per share increased from 592 cents² to 659 cents
    •    No dividend has been declared for year ended 30 June 2025 (2024: R nil)

¹ Earnings before interest, taxation, depreciation, amortisation, impairment and fair value adjustment on biological assets.
² The prior year figures have been restated. Refer to note 39 of the audited consolidated and separate annual financial statements.
³ Core earnings is defined as basic earnings adjusted for fair value adjustments on biological assets after taxation. This is a non-
  International Financial Reporting Standards (IFRS®) measure.

ABOUT THIS ANNOUNCEMENT

As the information in this announcement does not provide all of the details, any investment decision should be
based on consideration of the Group audited consolidated and separate annual financial statements for the year
ended 30 June 2025, which are accessible via the following JSE cloudlink:
https://senspdf.jse.co.za/documents/2025/jse/isse/YRK/AFS2025.pdf and are also available on the Company's
website at: https://www.york.co.za/docs/fin/Yorkyearend2025.pdf

The Group audited consolidated and separate annual financial statements have been audited by Deloitte & Touche, 
who expressed an unmodified audit opinion thereon.

On behalf of the Board

Gabriël Stoltz                                                       Schalk Barnard
Chief Executive Officer                                              Chief Financial Officer

Sabie, Mpumalanga
30 September 2025

COMPANY INFORMATION
- Executive directors: Gabriël Stoltz (Chief Executive Officer), Schalk Barnard (Chief Financial Officer)
- Non-executive directors: Nonzukiso Siyotula* (Chairperson), Hetisani Mbanyele-Ntshinga*, Maxwell Nyanteh* (Lead Independent
  Director), Andries Brink*, André van der Veen, Lindani Dhlamini*, Alton Solomons, Adrian Zetler (* Independent)
- Registered office: York Corporate Office, 3 Main Road, Sabie, Mpumalanga / Postal address: PO Box 1191, Sabie, 1260
- Auditor: Deloitte & Touche / Company Secretary: Kilgetty Statutory Services (South Africa) Proprietary Limited
- Sponsor: One Capital / Sponsor address: 17 Fricker Road, Illovo, Johannesburg, 2196
- Transfer secretaries: Computershare Investor Services Proprietary Limited

Date: 30-09-2025 08:00:00
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