17 February 2021

ASX Market Announcements ASX Limited

4th Floor, 20 Bridge Street SYDNEY NSW 2000

Dear Sir/Madam,

SCHAFFER CORPORATION LIMITED (ASX:SFC) INVESTOR PRESENTATION - HY21 RESULTS

Please find attached SFC's Investor Presentation for the first half of the 2021 financial year.

The Board has authorised the document to be released to the ASX.

For further information, please contact:

Mr John Schaffer Chairman

Mr Ralph Leib

Chief Financial Officer

Schaffer Corporation Ltd +61 8 9483 1201

Schaffer Corporation Ltd +61 8 9483 1208

Yours sincerely

Jason Cantwell Company Secretary

Head Office: 1305 Hay Street, West Perth WA 6005 Postal Address: PO Box 770, West Perth WA 6872

Telephone: +61 8 9483 1222 Facsimile: +61 8 9481 0439 Website:www.schaffer.com.au

Schaffer Corporation Limited ABN 73 008 675 689

Half-Year Results Presentation December 2020

Creating long-term shareholder value through the efficient operation and growth of our core businesses and investments

Half-YearResultsPresentationDecember2020

Organisation Chart (Core Businesses)

Manufacturing

Delta

  • • Precast and Prestressed Concrete - Herne Hill, WA

Group Investments

SFC (100%), Gosh Capital (83%)Company Owned Property

  • • Jandakot Rd, Jandakot, WA

  • • Bennett Ave, North Coogee, WA (via Gosh)

  • • Dixon Road, Rockingham, WA (via Gosh)

  • • Campersic Rd, Herne Hill, WA (Delta)

  • • Hay Street, West Perth, WA (Head Office)

Syndicated Investment Property

  • • Partnership Syndicates

  • • Unit Trust Syndicates

  • • US LLC Investments

Equities

Half-YearResultsPresentationDecember2020

Group Consolidated Financial Performance

Half-Year Ending

Dec-2020

Dec-2019

Revenue ($m)

$102.1

$92.7

NPAT1 ($m)

$23.1

$13.9

EPS (cents per share)

169.5

101.6

Ordinary dividends (fully franked)

$0.45

$0.45

  • • Profit up 66% including a 13% increase in Automotive Leather profit and unrealised non-cash

    net gains for the Group's equity investments of $10.0m after tax (H1 FY20: $3.2m)

  • • FY21 fully franked interim dividend $0.45 is the same as prior year and 29% higher than the FY20 final dividend

  • • Group investments at market value2 increased to $181.0m from $162.6m, an increase of

    $18.4m (+11%)

    • • Unrealised pre-tax gains (equities) $14.3m

    • • Unrealised pre-tax losses (syndicate properties) ($0.9m)

    • • Pre-tax gains (properties held at cost) $1.3m

  • 1. Net profit after tax and minority interests.

  • 2. Market value refers to pre-tax net equity value excluding minority interests.

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Schaffer Corporation Limited published this content on 17 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 February 2021 00:38:07 UTC.