Trading update IMBALIE BEAUTY LIMITED (Incorporated in the Republic of South Africa) (Registration number 2003/025374/06) JSE Share code: ILE ISIN: ZAE000165239 ("Imbalie Beauty” or “the Company” or “Group”) TRADING UPDATE This Trading Update supersedes the Trading Update dated 25 May 2021. In terms of paragraph 3.4 (b) of the JSE Limited (“JSE”) Listings Requirements, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from the previous corresponding period. Shareholders are advised that Imbalie Beauty is currently finalizing its results for the year ended 28 February 2021 and are advised that the basic loss per share is expected to be between 0.61 and 0.75 cents which is a decrease of more than 100% compared to the basic loss per share of the corresponding period of 0.16 cents. The headline loss per share is expected to be between 0.40 and 0.45 cents which is a decrease of between 48% and 67% compared to the headline loss per share of the corresponding period of 0.27 cents. The financial information on which this trading statement is based has not been reviewed or reported on by the auditors of Imbalie Beauty. The Company’s financial results for the year ended 28 February 2021 are expected to be released within the next week. 31 May 2021 Woodmead Designated Advisor Exchange Sponsors Date: 31-05-2021 03:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.