Announcement PDF HALF-YEAR REPORT 31 December 2025 ABN 51 119 678 385 Critica Limited Half Year Report | 1 Contents Corporate Directory 2 Directors’ Report 3 Auditor’s Independence Declaration 10 Half-Year Financial Report 11 Directors’ Declaration 25 Independent Auditor’s Review Conclusion 26 Critica Limited Half Year Report | 2 Corporate Directory Non-Executive Chairman Timothy Lindley Non-Executive Director Nicholas Cernotta Executive Director & Company Secretary Jamie Byrde Chief Executive Officer Jacob Deysel Principal & Registered Office Level 2, 16 Altona Street West Perth WA 6005 Telephone: (08) 6279 9428 Facsimile: (08) 6500 9986 Stock Exchange Listing Australian Securities Exchange (Home Exchange: Perth, Western Australia) Code: CRI Lawyers Thomson Geer Lawyers Level 29, Central Park Tower, 152-158 St Georges Terrace PERTH WA 6000 Website Address www.critica.limited Share Registry Automic Group Level 5, 191 St Georges Terrace PERTH WA 6000 Auditors Stantons International Audit and Consulting Pty Ltd Level 2 40 Kings Park Road WEST PERTH WA 6005 Bankers National Australia Bank 50 St Georges Terrace PERTH WA 6000 Critica Limited Half Year Report | 3 Directors’ Report For the Half-Year ended 31 December 2025 1. Directors Your directors present their report on the consolidated entity consisting of Critica Limited (“Critica” or “the Company”) and the entities it controlled (“Group” or “Consolidated Entity”) at the end of, or during, the half-year ended 31 December 2025. The following persons were directors of Critica during the half-year and up to the date of this report except as noted: Timothy Lindley Nicholas Cernotta Jamie Byrde 2. Review of Operations Western Australia Projects Jupiter Clay-Hosted Rare Earths Project, Western Australia (100% owned) (part of the broader Brothers Project) During the half-year, Critica transitioned Jupiter from proof-of-concept metallurgical validation to repeatable, deposit-scale product confirmation. The Company materially de-risked its beneficiation-first flowsheet, delivered two high-grade Mixed Rare Earth Products (MREP) from separate domains within the resource, demonstrated gallium recovery within the same circuit, and advanced commissioning of a 3,000 kg closed-circuit pilot plant. These outcomes mark a clear progression from exploration toward disciplined development. Discovered in late 2023 through geophysical targeting, Critica rapidly deployed cost-effective Air Core (AC) drilling to advance Jupiter. The Company has been able to successfully complete circa 40,000 metres of drilling at the site in less than 18 months. To date, Jupiter boasts remarkably consistent rare earth mineralisation with broad zone of high-grade mineralisation. The valuable magnet rare earths (MREO) make up an average of 23 percent of the Total Rare Earth Oxides (TREO). An additional stand-out feature is the consistently low presence of in-situ thorium and uranium. Jupiter is strategically located within the Mt Magnet and Yalgoo mining district and enjoys exceptional development potential being located adjacent to significant surrounding infrastructure. It is less than 10 kilometres from the bitumen highway that runs between Mt Magnet and Geraldton, providing easy access to local labour centres, the Port of Geraldton and the mid-west gas pipeline that runs parallel to the highway. Transmission power lines also run within 40 kilometres of the site. Jupiter confirmed as Australia’s Largest Magnet Rare Earth Clay Hosted Resource Jupiter is in a Tier‑1 jurisdiction with established infrastructure corridors and a large, near-surface clay- hosted system that response well to beneficiation-first processing. This setting, combined with the resource scale and magnet‑REE dominance, positions the project to supply materials that are critical to electric vehicles, renewable energy systems, advanced computing and defence. Critica Limited Half Year Report | 4 Directors’ Report For the Half-Year ended 31 December 2025 2. Review of Operations (continued) Figure 1: | High-Grade MREO Core Defined Within Jupiter’s 1.8 Bt Inferred Resource Jupiter remains Australia’s largest clay-hosted rare earth resource, comprising 1.8 billion tonnes at approximately 1,700 ppm TREO (1,000 ppm cut-off), including 640 million tonnes at ~490 ppm MREO (400 ppm cut-off). Approximately 23% of total rare earth content comprises magnet rare earths (Nd, Pr, Dy, Tb) — the primary value drivers for permanent magnet supply chains supporting electric vehicles, renewables, AI infrastructure and defence systems. The deposit continues to demonstrate strong geological continuity, low in-situ uranium and thorium, and proximity to established infrastructure in Western Australia. Table 1: Jupiter Inferred Mineral Resource (February 2025) Magnet Rare Earth Oxide endowments (rounded to 2 significant figures) Cut-off MREO Pr6O11 Nd2O3 Tb4O7 Dy2O3 MREO ppm tonnes tonnes tonnes tonnes tonnes 250 660,000 140,000 490,000 5,100 25,000 300 590,000 120,000 440,000 4,500 22,000 350 450,000 96,000 340,000 3,500 17,000 400 310,000 66,000 230,000 2,300 11,000 450 200,000 41,000 150,000 1,400 6,900 500 120,000 25,000 87,000 840 4,000 550 72,000 15,000 54,000 510 2,400 600 44,000 9,400 33,000 310 1,500 Critica Limited Half Year Report | 5 Directors’ Report For the Half-Year ended 31 December 2025 2. Review of Operations (continued) Metallurgy and Flowsheet Progress During the period, Critica materially advanced its beneficiation-first development pathway. Bulk metallurgical testwork demonstrated consistent ~95% mass rejection and 6–10× grade uplift, upgrading head grades of 1,300–2,200 ppm TREO to intermediate concentrates of approximately 1.2–2.0% TREO. In October 2025, the Company produced its first high-grade Mixed Rare Earth Product (MREP) grading 84% TREO at approximately 78% recovery using a conventional acid-bake route. In December, a second MREP grading 86% TREO was produced from a separate metallurgical domain, confirming repeatability across the deposit and strengthening confidence in scale-up potential. These results validate the integration of beneficiation and hydrometallurgy within a scalable and conventional processing framework and materially de-risk the Company’s flowsheet ahead of Scoping Study inputs. Pilot Plant Beneficiation (Closed Circuit) Commissioning of the 3,000 kg closed-circuit beneficiation pilot plant at GAVAQ (Hanoi) advanced during the period. The pilot is designed to generate decision-grade datasets, including recoveries, concentrate specifications, reagent consumption, and operability metrics, and to produce bulk concentrate for downstream hydromet optimisation at GAVAQ, ANSTO and Minutech-AMML. Data generated from the pilot program will directly inform Scoping Study engineering workstreams. Hydromet and MREP Production Parallel hydromet programs at ANSTO, Minutech-AMML and GAVAQ continued during the quarter, focused on refining leach conditions, maximising overall recovery and managing impurities to define a product specification suitable for downstream separation partners. During Q4, Critica produced a high-grade mixed rare earth oxide product grading 84% TREO at approximately 78% recovery and subsequently delivered a second high-grade product grading 86% TREO from a different domain within the Jupiter resource. Demonstrating repeatable product quality across multiple domains represents a key de-risking step for scale-up and supports downstream qualification discussions and Scoping Study workstreams. Figure 2: From Ore to MREP – Accelerating Critica’s Disciplined Development Pathway Critica Limited Half Year Report | 6 Directors’ Report For the Half-Year ended 31 December 2025 2. Review of Operations (continued) By-Product Opportunity – Gallium Metallurgical testwork confirmed approximately 63% recovery of gallium to leach solution within the same beneficiation-first flowsheet used to produce MREP. The Jupiter resource averages approximately 39 ppm Ga₂O₃ (~70,000 tonnes contained within the current 1.8 Bt inferred resource), highlighting potential multi-critical mineral optionality without altering project scope or processing configuration. Gallium extraction occurs naturally within the established circuit, providing a potential co-product pathway aligned with Western critical mineral supply chain initiatives. Sustainability Profile Critica advanced ESG-relevant workstreams through the progression of pilot-scale beneficiation and downstream hydromet programs. Commissioning of the 3,000 kg closed-circuit pilot at GAVAQ is generating decision-grade data to define process footprint, reagent intensity and impurity deportment ahead of future studies, supporting a more compact and efficient development pathway. Repeatable production of high-grade mixed rare earth products across multiple domains further supports product stewardship and traceability objectives, while confirming consistency required for downstream qualification. In parallel, testwork demonstrating gallium reporting to leach solution highlights the potential to recover multiple critical minerals through a single integrated flowsheet, enhancing resource efficiency and alignment with Western critical-materials supply chains. Funding & Development Readiness During the period, Critica strengthened its financial position through an oversubscribed A$8 million placement, complemented by receipt of a A$1 million R&D tax incentive refund in December 2025. These funds support completion of the Jupiter Scoping Study, continued metallurgical optimisation, pilot operations and strategic engagement activities. The Company also applied to become a Tier 1 partner of the Critical Metals for Critical Industries CRC, supporting downstream process development and government-aligned innovation initiatives. Collectively, the outcomes achieved during the half-year represent a clear inflection point for Jupiter. The Company has progressed from laboratory validation to repeatable, deposit-scale product production, with pilot-scale data generation underway. With funding secured and Scoping Study engineering appointed post period-end, Critica enters the next phase of development focused on converting technical validation into a robust, defensible development pathway. Exploration and field work Metallurgical analysis confirmed that approximately 63% of gallium oxide (Ga₂O₃) reports to leach solution within Critica’s beneficiation-first MREP flowsheet (refer to ASX announcement dated 10 November 2025), indicating potential to recover gallium as a by-product alongside rare earths. The Jupiter Mineral Resource averages approximately 39 ppm Ga₂O₃, representing approximately 70,000 tonnes of contained gallium oxide within the existing 1.8 billion tonne inferred rare earth resource. Critica confirms that gallium forms part of the February 2025 Mineral Resource and is not reported as a standalone resource under ASX Listing Rule 5.8. Critica Limited Half Year Report | 7 Directors’ Report For the Half-Year ended 31 December 2025 Further work will focus on variability testing, downstream recovery and marketability, and integration of gallium into future economic studies, recognising its relevance to semiconductor, defence and advanced manufacturing supply chains. Mount Lindsay – Tin and Tungsten Project, Tasmania Mount Lindsay is one of the world’s largest undeveloped tin and tungsten projects at Mount Lindsay. The project benefits from a granted mining lease and hosts over 80,000 tonnes of contained tin metal, alongside a globally significant tungsten resource of 3.2 million metric tonne units of WO₃ within the same mineralised system. In 2022, the Australian Government recognised tungsten as a critical mineral and included Mount Lindsay in its Critical Minerals Prospectus, highlighting the project’s strategic importance Tin and tungsten prices are accelerating, driven by tightening global supply, renewed demand from electronics, semiconductors and defence sectors. Critica is undergoing a strategic review of the previous study work and assessing the underground, low impact opportunity of the project. Corporate Appointment of Jacob Deysel as Chief Executive Officer Jacob brings more than twenty‑five years of global mining leadership across development and operating roles, and his mandate is to accelerate pilot‑to‑product execution, embed a disciplined study governance framework and lead customer and offtake engagement. Capital raising Critica secured A$8 million through an oversubscribed two-tranche placement to fund ongoing pilot- scale beneficiation and metallurgical programs, Jupiter Rare Earths Scoping Study inputs (including drilling), and offtake engagement activities as well as a review of the Mt Lindsay studies. Tranche 1 was completed in November through the issue of shares at $0.026 per share with 1:1 free-attaching options. Tranche 2 was completed on 22 January 2026. Non-dilutive funding and partnerships In December 2025, the Company received a $1.0 million R&D tax incentive cash refund, strengthening its balance sheet as it progresses pilot-scale and downstream testwork programs. Earlier in the quarter, Critica submitted its R&D claim and applied to become a Tier 1 partner of the Critical Metals for Critical Industries Cooperative Research Centre (CMCI CRC) to support downstream process development, with outcomes pending (refer to ASX announcements dated 16 December 2025 and 14 October 2025). Investor engagement An investor webinar was hosted on 3 December 2025, where CEO Jacob Deysel provided an update on quarterly activities, technical progress and near-term objectives, followed by a live Q&A session. Critica Limited Half Year Report | 8 Directors’ Report For the Half-Year ended 31 December 2025 Cash Balance The net operating loss after tax for the half year ended 31 December 2025 was $2,117,724 (31 December 2024: $1,557,123). A total of $1,465,190 (31 December 2024: $2,814,934) in exploration and evaluation expenditure was recognised during the half year. As at 31 December 2025, the Group held cash and cash equivalent of $4,192,812 in addition to $3,000,000 held in term deposit (30 June 2025: $4,150,029). Subsequent Events On 22 January 2026, the Company announced the completion of its $8million two tranche placement to accelerate operational activities at the Company’s flagship Jupiter Rare Earth Project. The Company confirmed it has completed Tranche 2 of the Placement through the issue of 92,321,731 fully paid ordinary shares in the Company at an issue price of $0.026 per share. In addition to the Placement, a 1:1 free attaching option with a two-year expiry, exercisable at $0.043 per share (Options) were issued totalling 92,321,731. As approved by Shareholders on 15 January 2026, the Directors participated in the Placement on the same terms, subscribing for 12,307,692 fully paid ordinary shares at an issue price o $0.026 per share and 12,307,692 attaching options were issued. Subsequent to half year end, the Company and Premier1 (ASX:PLC) executed an Agreement to acquire the remaining interest in the Yalgoo Project tenements for consideration of 32.4m shares in Premier1. Under the agreement, the Company will retain rights to Rare Earths across the relevant tenements (E59/2243, E59/2244. E59/2288 and E59/2506). Apart from the above, no other matter or circumstance has arisen since 31 December 2025 that has significantly affected, or may significantly affect the Company's operations, the results of those operations, or the Group's state of affairs in future financial years. Critica Limited Half Year Report | 9 Directors’ Report For the Half-Year ended 31 December 2025 3. Lead Auditor’s Independence Declaration A copy of the lead auditor’s independence declaration as required under section 307C of the Corporations Act 2001 is set out on page 10. This report is made in accordance with a resolution of directors made pursuant to section 306(3) of the Corporations Act 2001. Tim Lindley Chairman Perth, Western Australia, 10 March 2026 Competent Person’s Disclosure Statement Exploration Results and Mineral Resource Estimates The information in this report that relates to exploration results including geology interpretation, data preparation and data quality is based on work compiled by Dr. Stuart Owen who is a Member of the Australian Institute of Geoscientists. Dr. Owen is a permanent employee of Critica Limited and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC code). Dr. Owen consents to the inclusion in the report of the matters based on his information in the form and context in which they appear. The information that relates to the Mineral Resource estimates for Jupiter is based on work conducted by Rodney Brown of SRK Consulting (Australasia) Pty Ltd. Rodney Brown is a member of the Australasian Institute of Mining and Metallurgy and has sufficient experience that is relevant to the style of mineralisation type of deposit under consideration, and to the activity he is undertaking, to qualify as a Competent Person in terms of the JORC code. Mr. Brown consents to the inclusion in the report of the matters based on his information in the form and context in which they appear. Review and reporting of the Jupiter resource model of 11 February 2025, 13 August 2025 and 10 November 2025 including Gallium was conducted by suitably qualified Critica personnel, and the resource block model as reported to the ASX on 11 February 2025, 13 August 2025 and 10 November 2025 and described in this report was not adjusted in any way. The Company confirms that all material assumptions and technical parameters underpinning the Mineral Resources Estimates referred to within previous ASX announcements remain current and have not materially changed since last reported. The Company is not aware of any new information or data that materially affects the information included in this announcement. The Company confirms that the form and context in which the Competent Person's findings are or were presented have not been materially modified. New Information The Company confirms that it is not aware of any new information or data that materially affects the information included in the original announcements and that all material assumptions and technical parameters underpinning the estimates in the original release continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person and Qualified Person’s findings as presented have not been materially modified from the relevant original market announcement. Liability limited by a scheme approved under Professional Standards Legislation PO Box 1908 West Perth WA 6872 Australia Level 2, 40 Kings Park Road West Perth WA 6005 Australia Tel: +61 8 9481 3188 Fax: +61 8 9321 1204 ABN: 84 144 581 519 www.stantons.com.au Stantons Is a member of the Russell Bedford International network of firms 10 March 2026 Board of Directors Critica Limited Level 2, 16 Altona Street West Perth, WA 6005 Dear Sirs RE: CRITICA LIMITED In accordance with section 307C of the Corporations Act 2001, I am pleased to provide the following declaration of independence to the directors of Critica Limited. As Audit Director for the review of the financial statements of Critica Limited for the half-year ended 31 December 2025, I declare that to the best of my knowledge and belief, there have been no contraventions of: (i) the auditor independence requirements of the Corporations Act 2001 in relation to the review; and (ii) any applicable code of professional conduct in relation to the review. Yours faithfully STANTONS INTERNATIONAL AUDIT AND CONSULTING PTY LTD (An Authorised Audit Company) Waseem Akhtar Director Critica Limited Half Year Report | 11 Contents Consolidated Statement of Profit or Loss and Other Comprehensive Income 12 Consolidated Statement of Financial Position 13 Consolidated Statement of Changes in Equity 14 Consolidated Statement of Cash Flows 15 Condensed Notes to the Consolidated Financial Statements 16 Directors’ Declaration 25 Independent Auditor’s Review Conclusion 26 This interim financial report does not include all the notes of the type normally included in an annual financial report. Accordingly, this report is to be read in conjunction with the annual report for the year ended 30 June 2025 and any public announcements made by Critica Limited during the interim reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001. This interim financial report covers the consolidated entity consisting of Critica Limited and its subsidiaries. The financial report is presented in the Australian currency. Critica Limited is a Company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business is: Critica Limited Level 2, 16 Altona Street West Perth WA 6005 A description of the nature of the Group’s operations is included in the Directors’ Report on pages 3 - 9, which is not part of this financial report. The interim financial report was authorised for issue by the directors on 10 March 2026. The Company has the power to amend and reissue the financial report. Through the use of the internet, we have ensured that our corporate reporting is timely, complete, and available globally at minimum cost to the company. All press releases, financial reports and other information are available on our website: www.critica.limited. Critica Limited Half Year Report | 12 Consolidated Statement of Profit or Loss and Other Comprehensive Income For the Half-Year Ended 31 December 2025 Consolidated Notes 31 December 2025 $ 31 December 2024 $ Continuing Operations Revenue Revenue from continuing operations 42,596 123,176 Other income 3 1,033,175 2,914,022 1,075,771 3,037,198 Expenditure Administration costs (383,801) (492,559) Consultancy expenses (281,187) (100,155) Employee benefits expense (502,992) (454,459) Share based payment expenses (343,440) (488,075) Occupancy expenses (46,506) (53,901) Compliance and regulatory expenses (57,471) (71,504) Insurance expenses (25,121) (42,451) Depreciation and amortisation 7,9 (71,382) (55,304) Interest expense on lease liabilities (9,949) (6,913) Finance costs (6,456) (14,066) Exploration expenditure 8 (1,465,190) (2,814,934) Loss before income tax from continuing operations (2,117,724) (1,557,123) Income tax benefit - - Loss for the half-year attributable to owners (2,117,724) (1,557,123) Other comprehensive income Items that may be reclassified to profit or loss - - Total comprehensive loss for the half-year attributable to owners (2,117,724) (1,557,123) Continuing Operations Basic and diluted loss per share (cents per share) (0.08) (0.06) The above consolidated statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying condensed notes. Critica Limited Half Year Report | 13 Consolidated Statement of Financial Position As at 31 December 2025 Consolidated Notes 31 December 2025 $ 30 June 2025 $ Current Assets Cash and cash equivalents 4 4,192,812 4,150,029 Term Deposit 5 3,000,000 - Trade and other receivables 6 124,243 114,569 Prepayments 90,222 34,060 Total Current Assets 7,407,277 4,298,658 Non-Current Assets Trade and other receivables 6 490,732 504,733 Property, plant and equipment 7 35,113 39,903 Exploration and evaluation expenditure 8 1,459,211 1,459,211 Right-of-Use assets 9 169,818 232,727 Total Non-Current Assets 2,154,874 2,236,574 Total Assets 9,562,151 6,535,232 Current Liabilities Trade and other payables 551,601 645,573 Provisions 318,657 306,246 Lease liabilities 10 139,609 129,956 Total Current Liabilities 1,009,867 1,081,775 Non-Current Liabilities Lease liabilities 10 49,106 122,107 Non-Current Liabilities 49,106 122,107 Total Liabilities 1,058,973 1,203,882 Net Assets 8,503,178 5,331,350 Equity Issued capital 11 136,254,557 131,308,445 Reserves 12 3,494,632 3,151,192 Accumulated losses (131,246,011) (129,128,287) Total Equity 8,503,178 5,331,350 The above consolidated statement of financial position should be read in conjunction with the accompanying condensed accompanying notes. Critica Limited Half Year Report | 14 Consolidated Statement of Changes in Equity For the Half-Year ended 31 December 2025 Consolidated Contributed Equity Accumulated Losses Options Reserve Total $ $ $ $ Balance at 1 July 2024 123,749,148 (125,377,348) 2,489,208 861,008 Total comprehensive loss for the half-year: Loss for the half-year - (1,557,123) - (1,557,123) Total comprehensive loss for the half-year: - (1,557,123) - (1,557,123) Contributions of equity (net of transaction costs) 7,569,987 - - 7,569,987 Equity settled share based payment transactions - - 488,075 488,075 7,569,987 - 488,075 8,058,062 Balance at 31 December 2024 131,319,135 (126,934,471) 2,977,283 7,361,947 Balance at 1 July 2025 131,308,445 (129,128,287) 3,151,192 5,331,350 Total comprehensive loss for the half-year: Loss for the half-year - (2,117,724) - (2,117,724) Total comprehensive loss for the half-year: - (2,117,724) - (2,117,724) Contributions of equity (net of transaction costs) 4,946,112 - - 4,946,112 Equity settled share based payment transactions - - 343,440 343,440 4,946,112 - 343,440 5,289,522 Balance at 31 December 2025 136,254,557 (131,246,011) 3,494,632 8,503,178 The above consolidated statement of changes in equity should be read in conjunction with the accompanying condensed notes. Critica Limited Half Year Report | 15 Consolidated Statement of Cash Flows For the Half-Year ended 31 December 2025 Consolidated Note s 31 December 2025 $ 31 December 2024 $ Cash flows from operating activities Payments to suppliers and employees (1,291,388) (3,191,582) Payments for exploration expenditure (1,622,731) (1,461,199) Interest received 25,858 138,861 Interest and other costs of finance paid (3,539) (11,574) Other income – R&D rebates 1,006,092 - Net cash (used in) operating activities (1,885,708) (4,525,494) Cash flows from investing activities Purchase of property, plant and equipment (3,683) (7,851) Payments for mine development expenditure - (15,704) Proceeds from sale of Venture Iron Pty Ltd (net) - 2,700,000 Net cash provided by / (used in) investing activities (3,683) 2,676,445 Cash flows from financing activities Proceeds from issue of shares 5,279,635 6,898,675 Share issue transaction costs (347,461) (864,150) Repayment of borrowings - - Net cash provided by /(used in) by financing activities 4,932,174 6,034,525 Net (decrease)/increase in cash and cash equivalents 3,042,783 4,185,476 Cash and cash equivalents at the beginning of the period 4,150,029 1,642,771 Cash and cash equivalents at the end of the period 4a & 5 7,192,812 5,828,247 Amounts shown above relating to payments to suppliers and employees include goods and services tax. The above consolidated statement of cash flows should be read in conjunction with the accompanying condensed notes. Critica Limited Half Year Report | 16 Condensed Notes to the Consolidated Financial Statements For the Half-Year ended 31 December 2025 1. Basis of preparation of half-year report This consolidated interim financial report for the half-year reporting period ended 31 December 2025 has been prepared in accordance with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Act 2001. This interim financial report does not include all the notes of the type normally included in an annual financial report. Accordingly, this report is to be read in conjunction with the annual report for the year ended 30 June 2025 and any public announcements made by Critica Limited during the interim reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001. The interim report has been prepared on a historical cost basis. Cost is based on the fair value of the consideration given in exchange for assets. The company is domiciled in Australia and all amounts are presented in Australian dollars, unless otherwise noted. The same accounting policies and methods of computation have been followed in this interim financial report as were applied in the most recent annual financial statements, other than as disclosed below. New and Revised Accounting Requirements Applicable to the Current Half-year Reporting The same accounting policies and methods of computation have been followed in this interim financial report as were applied in the most recent annual financial statements. The Group has considered the implications of new and amended Accounting Standards but determined that their application to the financial statements is either not relevant or not material. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. Critical accounting estimates and judgements Estimates and assumptions are continuously evaluated and are based on management’s experience and other factors, including expectations of future events that are believed to be reasonable under circumstances. Uncertainty about these assumptions and estimates could result in outcomes that require a material adjustment to the carrying amount of assets and liabilities affected in future periods. During the half year ended 31 December 2025, the Group has not identified any additional areas where significant judgments, estimates and assumptions were required apart from those disclosed in annual report for the year ended 30 June 2025. The financial report has been prepared on a going concern basis. For the half year, the Group incurred a loss of $2,117,724 and had net cash outflows from operating activities of $1,885,708. As at