GROUP FINANCIAL HIGHLIGHTS US$’000 FY2025 FY2024 Revenue from sale of crude oil and gas 318,795 298,135 Adjusted EBITDA# 91,135 160,425 Loss for the year, net of tax (152,700) (50,204) Total comprehensive loss for the year, net of tax (158,396) (48,780) Loss per share (US cents) (10.23) (3.15) US$’000 31 Dec 2025 31 Dec 2024 Non-current assets 636,131 326,728 Current assets 134,357 245,551 Total assets 770,488 572,279 Non-current liabilities 649,256 401,143 Current liabilities 215,664 107,172 Total liabilities 864,920 508,315 Net asset value (“NAV”)* (94,432) 63,964 Total equity (94,432) 63,964 NAV per share (US cents) (7.25) 4.91 # Adjusted EBITDA = Net loss + Interests + Taxes + Depletion + Depreciation + Amortisation + Impairments * Net asset value as disclosed above includes non-controlling interests Rex International Holding Limited 3
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