Ann: Change of Director's Interest Notice, page-4

The CEO owns more than half of the company/shares, the profits/ free cash flow and cash in hand of 104m make the M/Cap of 251m looks absurdly cheap, Div is extremely generous with a very high return on current SP.

He knows its a bargain.

SERVCORP REPORTS NET PROFIT BEFORE TAX OF $15.6 MILLION
UNDERLYING NET PROFIT BEFORE TAX OF $37.5 MILLION
UNDERLYING FREE CASH OF $66.1 MILLION

Total dividends for the 2020 financial year of 20.00 cents per share.

Resilient balance sheet
 Cash balances at 30 June 2020 of $101.4m, up $35.2m on 30 June 2019; driven by strong
performance before the COVID-19 pandemic
 Cash balances currently in excess of $100.0m
 Underlying Free Cash 176% of Underlying FY20 NPBT, providing some buffer to navigate
through COVID-19, supporting self-funded capital expenditure and dividends
 No external net debt


OUTLOOK

 We have undertaken a detailed review of our business. For the 2021 financial year, we anticipate that, even at
a low case, Servcorp will remain profitable; consequently, we expect the underlying business to continue to
generate substantial underlying free cash.

 Despite the COVID-19 challenges we are facing, we remain cautiously optimistic due to our unique positioning,
global reach, technology platforms, longstanding track record and cash generation