Annual financial statement
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Camplify Holdings Limited Appendix 4E Preliminary final report 1. Company details Name of entity: Camplify Holdings Limited ABN: 83 647 333 962 Reporting period: For the year ended 30 June 2026 Previous period: For the year ended 30 June 2025 2. Results for announcement to the market $ Revenues from ordinary activities down 6.8% to 39,178,214 Loss from ordinary activities after tax attributable to the owners of Camplify Holdings Limited down 95.1% to (810,956) Loss for the year attributable to the owners of Camplify Holdings Limited down 95.1% to (810,956) Comments The loss for the consolidated entity after providing for income tax amounted to $810,956 (30 June 2025: $16,540,834). 3. Net tangible assets Reporting period Previous period (Restated)* Cents Cents Net tangible assets per ordinary security (8.6) (13.6) * Comparative information for net tangible assets per security has been restated. Refer to 'Review of operations' section of the attached Directors' report. 4. Control gained over entities Not applicable. 5. Loss of control over entities Not applicable. 6. Dividends Current period There were no dividends paid, recommended or declared during the current financial period. Previous period There were no dividends paid, recommended or declared during the previous financial period. 7. Dividend reinvestment plans Not applicable.
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Camplify Holdings Limited Appendix 4E Preliminary final report 8. Details of associates and joint venture entities Not applicable. 9. Foreign entities Details of origin of accounting standards used in compiling the report: Results for all international operations have been determined using International Financial Reporting Standards. 10. Audit qualification or review Details of audit/review dispute or qualification (if any): The financial statements have been audited and an unmodified opinion has been issued with a paragraph addressing material uncertainty related to going concern. 11. Attachments Details of attachments: The Annual Report of Camplify Holdings Limited for the year ended 30 June 2026 is attached. 12. Signed Signed ___________________________ Date: 25 August 2026 Andrew McEvoy Chairman Newcastle
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Camplify Holdings Limited ABN 83 647 333 962 Annual Report - 30 June 2026
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Camplify Holdings Limited Corporate directory 30 June 2026 1 Directors Andrew McEvoy - Chairperson and Non-Executive Director Justin Hales - Chief Executive Officer and Executive Director Karl Trouchet - Non-Executive Director John Myler - Non-Executive Director Michael Rosenbaum – Non-Executive Director Ping Xue Li - Non-Executive Director Company secretary Shaun Mahony Registered office C/O Growthwise 59 Parry Street Newcastle NSW 2300 Principal place of business 42 Union Street Wickham NSW 2293 Share register Automic Group Level 5, 126 Phillip Street Sydney NSW 2000 Auditor PKF (NS) Audit & Assurance Limited Partnership 755 Hunter Street Newcastle West NSW 2302 Solicitors McCabes Lawyers Level 38, 25 Martin Place Sydney NSW 2000 Stock exchange listing Camplify Holdings Limited shares are listed on the Australian Securities Exchange (ASX code: CHL) Websites www.chl.global www.camplify.com Corporate Governance Statement The Directors and management are committed to conducting the business of Camplify Holdings Limited in an ethical manner and in accordance with the highest standards of corporate governance. Camplify Holdings Limited has adopted and substantially complied with the ASX Corporate Governance Principles and Recommendations (Fourth Edition) (‘Recommendations’) to the extent appropriate to the size and nature of its operations. The Corporate Governance Statement, which sets out the corporate governance practices that were in operation during the financial year and identifies and explains any Recommendations that have not been followed, was approved by the Board at the same time as the Annual Report and can be found on the Investors page at: https://chl.global/investors/#corporate-governance.
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Camplify Holdings Limited Chair's report 30 June 2026 2 Dear Shareholders, On behalf of the Board of Camplify Holdings Limited, I am pleased to present the Annual Report for the year ended 30 June 2026 - a year of two distinct halves, and one that ended with the Company demonstrably stronger than it began. After a first half of restructuring, the consolidated entity delivered a second-half net profit after tax of $2.1 million and second-half adjusted EBITDA1 of $3.5 million, reducing the full-year loss after tax to $0.8 million - a 95% improvement on the prior-year loss. The trajectory matters more than the single number. The cost reduction program and the deliberate shift towards higher- margin, recurring revenue were executed through the first half; the second half showed what the reset business can do. Consolidated adjusted EBITDA of $0.3 million for the full year compares with an adjusted EBITDA loss of $10.4 million in FY25 - a $10.6 million turnaround - and the second half was profitable despite the significant external shock caused by the June-quarter escalation of the US/Iran conflict, which drove global oil price volatility and an initial 29% fall in forward bookings. That the consolidated entity remained profitable through that quarter, with forward bookings recovering to $16.75 million and cash closing at $10.0 million, is a credit to the discipline of management. Three achievements underpin this result. First, the launch of MyWay Mutual, which moved member protection to a member- backed mutual structure and transformed the margin profile of the consolidated entity's protection products - while Gross Transaction Value declined through the year, revenue fell only 6.8% to $39.2 million. Second, the cost reduction program, which structurally lowered employee, marketing and overhead costs by more than $10 million year on year. Third, the strategic partnership with JB Group, cemented by a $3.2 million placement and the appointment of Ping Xue Li to the Board, which opens the managed-services channel for FY27. The year also saw meaningful Board renewal. We welcomed John Myler, whose insurance expertise has been invaluable to the MyWay strategy, Michael Rosenbaum, with his deep marketplace and sharing-economy experience, and Ping Xue Li. I would also like to thank Trent Bagnall and Stephanie Hinds, who retired during the year, for their significant contributions during Camplify’s journey. On behalf of the Board, I thank our shareholders for their continued support, and our people across Australia, New Zealand, the United Kingdom and Europe for their resilience in a demanding year. The second half of FY26 is the template for FY27. Andrew McEvoy Chairman 25 August 2026 Newcastle 1 Adjusted EBITDA is a non-IFRS financial measure that management considers to represent the core earnings of the consolidated entity. Refer to page 6 for the reconciliation between statutory profit and adjusted EBITDA.
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Camplify Holdings Limited Chief Executive Officer's report 30 June 2026 3 Dear Shareholders, FY26 was the year the turnaround took hold - and the second half proved it. In the first half we completed the hard structural work: the cost reduction program, the migration to a single unified global technology platform, and the scaling of the MyWay Mutual. In the second half, the reset business delivered a net profit after tax of $2.1 million and adjusted EBITDA 2 of $3.5 million - a $6.3 million adjusted EBITDA improvement on the prior corresponding half - and it did so through a quarter that brought a genuine external demand shock. The full-year loss narrowed to $0.8 million from a restated $16.5 million, with consolidated adjusted EBITDA positive at $0.3 million against a $10.4 million loss in FY25. A year of two halves First-half adjusted EBITDA was a loss of $3.2 million as the restructuring completed; second-half adjusted EBITDA was a profit of $3.5 million. Second-half revenue of $20.1 million was up 5.6% on the first half, while second-half cost of sales of $5.9 million was 30% lower than the prior corresponding period - the direct effect of the MyWay Mutual carrying protection margin in-house. Every major cost line finished the year structurally lower: employee benefits expense fell $3.7 million to $12.4 million, marketing expenses fell $3.2 million to $4.2 million, and other expenses fell $3.6 million to $4.5 million. This is not deferral; it is a permanently lower cost base, and the second half shows the operating leverage it creates. A resilient, higher-quality revenue base Consolidated revenue was $39.2 million, down 6.8% on the prior year - a deliberate outcome. Premium membership fees grew 38% to $7.6 million and excess reduction and insurance income of $15.6 million now represents 40% of consolidated revenue. We consciously stepped away from low-margin transactional volume, and the June quarter demonstrated why: Gross Transaction Value fell 29% on the prior corresponding period, yet core revenue declined only 4%. The revenue base we have built is more recurring, higher margin, and materially more resilient. MyWay Mutual The MyWay Mutual was the defining structural achievement of the year. Member protection is now delivered through a member-backed mutual structure, supported by the Tangerine and Windward protected-cell arrangements and excess-of-loss reinsurance. The Mutual consolidates fleet and memberships across Australia and New Zealand, gives the consolidated entity direct control over claims outcomes and member experience, and is the single largest driver of the second-half margin transformation. FY27 is its first full year at scale. Navigating the June quarter demand shock The escalation of the US/Iran conflict drove global oil price volatility and acute consumer concern around fuel security, and forward bookings initially fell 29%. Our response was immediate: we stepped the business down to a lower operating cost level, protected the capability needed for recovery, and maintained margins as trade improved through the back half of the quarter. Forward bookings recovered in Australia and New Zealand to close the year at $16.75 million, in line with 31 March levels. Our data shows customers are not cancelling their holidays - they are booking closer to travel and substituting towards domestic trips as international travel costs rise. We believe elevated fuel and aviation costs make a domestic RV holiday more attractive over time, not less. That the consolidated entity's most profitable half coincided with its most difficult quarter is the clearest evidence the strategy is working. European markets remain subdued, and we continue to manage European expenditure tightly while conditions recover. JB Group partnership In October 2025 we executed a binding strategic partnership with JB Group, one of Australia's leading RV manufacturing groups, accompanied by a $3.2 million placement and the appointment of Ping Xue Li to our Board. The managed-services pilot delivered under the partnership moves to a network rollout in FY27, connecting new vehicle supply directly into the Camplify marketplace and membership ecosystem. 2 Adjusted EBITDA is a non-IFRS financial measure that management considers to represent the core earnings of the consolidated entity. Refer to page 6 for the reconciliation between statutory profit and adjusted EBITDA.
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Camplify Holdings Limited Chief Executive Officer's report 30 June 2026 4 Outlook We enter FY27 with real conviction and a proven template. The cost base has been reset — the second half ran at the level we planned. The MyWay Mutual enters its first full year at scale, with margins already transformed. Our managed-services rollout with JB Group moves from pilot to network, and our technology runs at speed on a single unified global platform. With cash of $10.0 million and no debt, the balance sheet supports the plan. The hard structural work is behind us - FY27 is about execution and operating leverage, with the second half of FY26 as the starting point, not the target. I thank our owners, hirers and members for their loyalty, our team for an extraordinary effort, and our shareholders for their continued support. Justin Hales Chief Executive Officer and Founder 25 August 2026 Newcastle
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Camplify Holdings Limited Directors' report 30 June 2026 5 The directors present their report, together with the financial statements, on the consolidated entity (referred to hereafter as the 'consolidated entity') consisting of Camplify Holdings Limited (referred to hereafter as the 'company' or 'parent entity' or 'CHL') and the entities it controlled at the end of, or during, the year ended 30 June 2026. Directors The following persons were directors of Camplify Holdings Limited during the whole of the financial year and up to the date of this report, unless otherwise stated: Current: Andrew McEvoy - Chairperson and Non-Executive Director Justin Hales - Chief Executive Officer and Executive Director Karl Trouchet - Non-Executive Director John Myler - Non-Executive Director (appointed 1 September 2025) Michael Rosenbaum - Non-Executive Director (appointed 1 December 2025) Ping Xue Li - Non-Executive Director (appointed 23 December 2025) Former: Trent Bagnall - Non-Executive Director (resigned 18 August 2025) Stephanie Hinds - Non-Executive Director (resigned 12 November 2025) Principal activities Camplify Holdings Limited, comprised of Camplify and PaulCamper, operates one of the world’s leading peer-to-peer (P2P) digital marketplace platforms connecting recreational vehicle (RV) owners with hirers. With operations in Australia, New Zealand, Spain, United Kingdom, Germany, Austria and the Netherlands. Camplify and PaulCamper deliver a seamless and transparent experience for consumers looking to travel and connect with local RV owners. A wide variety of caravans, motorhomes, camper trailers and campervans are available to hire via the respective platforms. The principal activities also now include the MyWay operations including the newly established MyWay Mutual. Dividends There were no dividends paid, recommended or declared during the current or previous financial year. Review of operations The loss for the consolidated entity after providing for income tax amounted to $810,956 (30 June 2025: restated loss of $16,540,834) a 95% reduction on the prior year, with the consolidated entity returning to profitability in the second half of the financial year. Second-half net profit after tax was $2.1 million and second-half EBITDA was $3.5 million, against a first-half EBITDA loss of $3.2 million, reflecting the full-period effect of the cost reduction program and the margin contribution of the MyWay Mutual. Full-year EBITDA of $0.3 million compares with an EBITDA loss of $10.4million in the prior year. Revenue of $39.2 million was 6.8% lower than the prior year, reflecting softer marketplace transaction volumes - including the impact of the US/Iran conflict on consumer travel demand in the June quarter and subdued European trading - partly offset by 49.5% growth in premium membership fees to $8.2 million as the Group deliberately prioritised higher-margin, recurring revenue streams. During the year the consolidated entity launched the MyWay Mutual operations, consolidated fleet and memberships in the Australian and New Zealand markets, completed the migration to a single unified global technology platform, and completed a $3.2 million capital raise in conjunction with its strategic partnership with JB Group. The consolidated entity closed the year with cash of $10.0 million. The directors expect modest growth across all key revenue streams in FY27.
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Camplify Holdings Limited Directors' report 30 June 2026 6 The operating results of the consolidated entity for the financial year after providing income tax is set out below: Consolidated 2026 2025 (Restated)* $ $ Revenue 39,178,214 42,022,362 Loss before income tax (1,264,819) (17,918,749) Income tax benefit 453,863 1,377,915 Net loss (810,956) (16,540,834) * The comparative financial information for the year ended 30 June 2025 has been restated to reflect additional insurance cost accruals associated with the European operations. This adjustment ensures the proper matching of insurance expenses to the period in which the coverage was provided. Consequently, opening provisions for the current period have been increased by $928,700 with a corresponding increase in cost of sales, and decrease in income tax expense of $232,175 with a corresponding increase in deferred tax. The table below provides a reconciliation of adjusted EBITDA to the reported statutory metrics: 2026 2026 2026 2025 2025 2025 HY1 HY2 Total HY1 (Restated) HY2 Total (Restated) $ $ $ $ $ $ Statutory (loss)/profit after income tax (2,927,551) 2,116,595 (810,956) (7,812,558) (8,728,276) (16,540,834) Add: interest expense 17,754 5,981 23,735 226,832 (203,625) 23,207 Less: interest income (593) (22,982) (23,575) (53,520) (17,493) (71,013) (Less/add): income tax (benefit)/expense (1,073,776) 619,913 (453,863) (617,206) (760,709) (1,377,915) Add: depreciation and amortisation 786,954 734,724 1,521,678 742,153 827,914 1,570,067 Add: impairment - - - - 6,036,000 6,036,000 Adjusted EBITDA (3,197,212) 3,454,231 257,019 (7,514,299) (2,846,189) (10,360,488) Refer to note 1 in relation to the directors' assessment of going concern. Significant changes in the state of affairs There were no significant changes in the state of affairs of the consolidated entity during the financial year. Matters subsequent to the end of the financial year No matter or circumstance has arisen since 30 June 2026 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years. Likely developments and expected results of operations Likely developments in the operations of the consolidated entity and the expected results of those operations in subsequent financial years have been discussed where appropriate in the operating and financial review.
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Camplify Holdings Limited Directors' report 30 June 2026 7 Inclusion and diversity Camplify Holdings Limited recognises the value inherent in a diverse workforce and is committed to the maintenance and promotion of workplace diversity as recommended by the ASX. The Board has approved a Diversity Policy, which sets out a framework for implementing new and existing diversity-related initiatives in the business. Amongst other things, the company will set measurable objectives relating to diversity (including but not limited to gender, race, marital or family status, sexual orientation, gender identity, age, disabilities, ethnicity, religious or political beliefs, socioeconomic, educational, or cultural background, perspective and experience) at all senior executive and leadership roles. The Board has set an initial diversity target in relation to gender diversity with a medium-term target of 50% and an immediate minimum of 30% women. 2026 2025 Men Women Men Women % % % % Number of employees 53% 47% 54% 46% Number of key management personnel 100% - 100% - Number of directors 83% 17% 75% 25% Material business risks Platform risks As the company operates a two-sided platform, the company's future growth and profitability is dependent on that platform being vibrant and active. The company's business relies on hirers utilising the platform and on owners listing RV's on the platform. The growth of the company is also reliant on attracting and retaining customers to use its platform and converting those customers into new and repeat customers. Various factors can impact this conversion rate which in turn could impact the company's ability to meet stated objectives and could adversely impact the operations and financial performance of the company. Performance of technology The company is heavily reliant on information technology to make the company's platform available to users. There is a risk that the company, its web host or the platform's third-party integrations may fail to adequately maintain their information technology systems, which may cause disruptions to the company's business. There is also a risk that system failures or delays, corruption of databases or other electronic information, power failures, issues with upgrades, technical malfunctions and other disruptions to information technology systems used by the company, its web host or the platform's third-party integrations or its users may cause disruptions to the platform or adversely affect user experience on the platform. Innovation The company's success in the future may depend on its ability to continue to identify and deploy the most appropriate new technologies and features. The ability to improve the company's existing products and services and develop new products and services is subject to risks inherent in the development process. There is a risk that the company may fail to update its platform to adopt new technologies, or that other businesses may develop or adopt new technologies which give them a competitive advantage over the company's platform. This may render the company's business less competitive. Growth strategies As the company plans to continue expanding its cross-border operations into existing and new markets, there is a risk that the company may face challenges (including legal or regulatory) in which it has limited or no experience in dealing with. The success of the company's expansion may be affected by a number of factors, including, without limitation, existing incumbent competitors, the timing for and rate of uptake of the company's platform, differing consumer demands and sentiments, differing regulatory requirements, the ability to enforce intellectual property rights, exchange rate fluctuations and differing tax treatments in different jurisdictions. The company may have to expend significant resources, such as costs and time, to establish operations, and market itself and develop its presence in those jurisdictions. Insurance risk The company is exposed to insurance risks through its reliance on third-party providers and the launch of its MyWay captive solution. Key risks include potential premium increases from external insurers, claims volatility impacting profitability, and the assumption of underwriting risk, which is mitigated by excess-of-loss reinsurance. The adequacy of coverage across all jurisdictions and for all potential events remains a critical risk. Ensuring regulatory compliance for the new member- backed protection model across multiple countries is also a key area of risk.
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Camplify Holdings Limited Directors' report 30 June 2026 8 Fraud and fictitious transactions The company may be exposed to and encounter risks with regard to fraudulent activity by platform users. This may involve hirers not receiving goods they have purchased or bookings they have reserved, owner's not receiving full payment for hires and the company not receiving full payments it is contracted to receive. Negative publicity and user sentiment generated as a result of actual or alleged fraudulent or deceptive conduct on the company's platform could severely diminish consumer confidence in and use of the company's platform. Cyber security and data protection The company collects a wide range of personal, financial and service usage data and other confidential information from users in the ordinary course of its business, such as contact details and addresses, and stores that data electronically. The platform also includes third-party integrations who may collect information on the company's users, such as payment details. As an online business, the company is subject to cyber attacks. The company and, as far as the company is aware, those third-party integrations have systems in place to maintain the confidentiality and security of that data and detect and prevent unauthorised access to, or disclosure of, that data. There can be no guarantee that the systems will completely protect against data breaches and other data security incidents. Compliance in overseas jurisdictions The company has overseas operations in New Zealand, United Kingdom, Spain, Germany, Austria and Netherlands. There is a risk that a breach of applicable regulatory rules may be discovered which could result in penalties being incurred for any breach of such requirements and additional requirements may also be imposed by such regulatory rules as to the manner of the conduct of business in these jurisdictions which may result in material additional costs to the company or may make the conduct of certain of these overseas operations not commercially viable. Environmental regulation AASB S2 ‘Climate-related Disclosures’ sets out specific climate related disclosures. It applies to entities required to prepare and lodge a financial report with ASIC under Chapter 2M and is effective for different entities based on certain criteria. This mandatory sustainability reporting may be applicable for the company for the first time for the year ending 30 June 2028. Information on directors Name: Andrew McEvoy Title: Chairperson and Non-Executive Director Qualifications: Bachelor of Arts degree from University of Melbourne; Master of Arts degree from City University London Experience and expertise: Andrew has more than 25 years’ experience in the tourism, media, marketing and events sectors. Andrew is the Chairman of the Lux Group (owner of Luxury Escapes), a director of Destination NSW, a director of Journey Beyond, a director of OACIS and a director of the Australian Chamber Orchestra. He is a former director at Voyages Indigenous Tourism Australia and a former Chairman of Travello. He is also the former CEO and Managing Director of Tourism Australia which was judged as “World’s Best Tourism Organisation” during his tenure. He was the architect of the Tourism 2020 plan - designed to double the value of overnight tourism in Australia with a focus on aviation growth, product development and experience-based marketing. He is also an investor in several travel and technology start-ups. Andrew was CEO of the South Australian Tourism Commission and held senior roles including as head of marketing for the Melbourne Convention and Visitor Bureau. Other current directorships: None Former directorships (last 3 years): None Special responsibilities: Chair of the Board Member of Audit and Risk Committee Member of the Nominations Committee Interests in shares: 266,041 ordinary shares Interests in options: Nil
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Camplify Holdings Limited Directors' report 30 June 2026 9 Name: Justin Hales Title: Chief Executive Officer (CEO) and Executive Director Experience and expertise: Justin is the Founder of the company. Over the past 9 years, he has been building a brand, a community and growing the platform to generate revenue and expand the customer base. This includes the company’s expansion into overseas markets. Justin has not only built one of the largest RV rental companies in Australia but also developed the concept, design, and technical roadmap to deliver an industry leading solution for the RV rental industry. He is recognised as an industry expert in digital, ecommerce, and marketplaces having lectured at the University of Newcastle, Queensland University of Technology and The University of Adelaide, together with various industry seminars and events (including the Global Risk Summit) on these subjects. Justin has won numerous awards for his entrepreneurial successes including two Young Entrepreneur of the Year (Tourism and Hospitality) awards. Previously, Justin was Head of Customers at ASX listed QMASTOR (ASX:QML), in a global role improving customer satisfaction and engagement and is also Co-Founder of the Sharing Hub. Justin is also currently a member of the board of Reflections Holidays. Other current directorships: None Former directorships (last 3 years): None Special responsibilities: Member of Audit and Risk Committee Interests in shares: 5,788,339 ordinary shares Interests in options: 101,658 options over ordinary shares Name: Karl Trouchet Title: Non-Executive Director Qualifications: Bachelor of Business from Queensland University of Technology Experience and expertise: Karl led the formerly listed Apollo Tourism and Leisure Ltd (ATL), a Multinational RV rental company operating in Australia, United States of America, Canada, New Zealand, and the United Kingdom through their listing process in 2016 as their Chief Financial Officer. Karl was instrumental in driving the Apollo business forward, developing and managing new initiatives across all divisions of Apollo. In 2019, he was appointed Executive Director - Strategy and Special Projects to allow him to focus on executing Apollo’s growth strategy to become the global RV solution. This has included successfully navigating the acquisition of six RV businesses across Australia, Europe and North America. Karl has served on the Board of the company since ATL’s investment in 2017. He is currently Chairman of Village National Group, an unlisted public company that provides accommodation services to the mining sector. Other current directorships: None Former directorships (last 3 years): None Special responsibilities: Chair of the Audit and Risk Committee Member of the Remuneration Committee Interests in shares: 230,000 ordinary shares Interests in options: Nil
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Camplify Holdings Limited Directors' report 30 June 2026 10 Name: John Myler Title: Non-Executive Director (appointed 1 September 2025) Qualifications: B.Com (Marketing), GAICD Experience and expertise: John brings a wealth of experience, particularly in the insurance sector, which will be highly beneficial to Camplify. His expertise is particularly pertinent given the recent launch of Club Camplify, our new membership offering, where robust and innovative insurance solutions are paramount. John has already been advising the Board on the development of its insurance strategy for the past 12 months, providing critical insights that have underpinned our commitment to enhancing the safety and security for our growing community. John's career spans over 20 years, marked by significant leadership roles, primarily as Chief Executive Officer (CEO), within prominent Australian insurance organisations. From January 2020 to April 2021, John served as CEO of Auto & General Insurance Australia. In this role, he was responsible for leading the Australian operations of a major insurer that underwrites well-known brands including Budget Direct, 1st for Women, Ozicare, and Qantas insurance. Prior to his role at Auto & General, John Myler held the position of CEO at RACQ Insurance, a major Australian mutual insurer, from May 2017 to July 2019. This role further solidified his experience at the helm of a significant player in the Australian insurance market. John's extensive experience also includes an impactful 11-year tenure at Allianz Insurance, culminating in his role as CEO of Allianz Global Assistance across Australia and New Zealand. As CEO of what is recognised as one of the world's largest assistance companies, John played a key role in product innovation, anticipating growth in areas such as medical travel insurance and developing solutions for evolving consumer behaviors. Other current directorships: None Former directorships (last 3 years): None Special responsibilities: Chair of the Remuneration Committee Interests in shares: 28,950 ordinary shares Interests in options: Nil Name: Michael Rosenbaum Title: Non-Executive Director (appointed 1 December 2025) Experience and expertise: Michael is the Founder and CEO of Spacer Technologies, a leading parking and mobility platform operating across Australia, the USA and Canada. Michael has over 20 years' experience leading and advising high-growth technology companies, with deep expertise in peer-to-peer and the sharing economy. He was an early investor and Non- Executive Director of Car Next door, which was acquired by Uber in January 2022. Previously, Michael co-founded DealsDirect, one of Australia's first major online retailers, scaling it to c.$100 million in annual revenue before its exit to GraysOnline in 2014. He brings extensive experience across marketplace strategy, consumer technology, marketing and scaling high-growth businesses. Other current directorships: Non-Executive Director of Locate Technologies Limited (NZX: LOC) Former directorships (last 3 years): Zoom2u Technologies Limited (ASX:Z2U) Special responsibilities: None Interests in shares: 56,436 Interests in options: Nil
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Camplify Holdings Limited Directors' report 30 June 2026 11 Name: Ping Xue Li Title: Non-Executive Director (appointed 23 December 2025) Experience and expertise: Ping’s appointment follows the execution of a binding strategic partnership between CHL and JB Group in October 2025. As the Director and owner of the JB Group, Ping represents a significant and aligned strategic shareholder. Ping is a leader in the Australian recreational vehicle (RV) industry. Since co-founding JB Caravans in 2010, she has transformed a local manufacturing business into a diversified national ecosystem. Under her leadership, the JB Group has expanded to include over 10 brands, notably acquiring New Age Caravans, Traveller Caravans, and Paradise Motorhomes. She has successfully shifted the company to a full-service model, incorporating eTime Parts & Accessories and a nationwide network of JB Caravans Supercentres. A vocal advocate for Australian-made quality, she is recognised for driving local manufacturing jobs and scaling the group to meet record-breaking demand in the Australian RV market. Other current directorships: None Former directorships (last 3 years): None Special responsibilities: None Interests in shares: 16,797,720 Interests in options: Nil 'Other current directorships' quoted above are current directorships for listed entities only and excludes directorships of all other types of entities, unless otherwise stated. 'Former directorships (last 3 years)' quoted above are directorships held in the last 3 years for listed entities only and excludes directorships of all other types of entities, unless otherwise stated. Company secretary Shaun Mahony (BCom, CA, RCA, MAICD, AMIIA) Shaun was appointed company secretary on 5 May 2021. As a Chartered Accountant he has over 30 years’ experience in both commercial and public practice accounting and is currently a partner of Pitcher Partners, providing assurance and business advisory services. Shaun brings an extensive range of experience across financial reporting and assurance, corporate governance and risk, initial public offerings, mergers and acquisitions, regulatory reporting and ASX compliance. Shaun is a director of a number of private companies, a member of a finance, audit and risk committee in the health sector and a former member of an audit and risk committee in the NSW local Government sector. Meetings of directors The number of meetings of the company's Board of Directors ('the Board') held during the year ended 30 June 2026, and the number of meetings attended by each director were: Full Board Nomination Committee Remuneration Committee Audit and Risk Committee Attended Held Attended Held Attended Held Attended Held Andrew McEvoy 13 13 2 2 - - 3 3 Justin Hales 13 13 - - - - - - Karl Trouchet 12 13 1 1 2 2 3 3 John Myler(1) 11 11 - - 2 2 1 1 Michael Rosenbaum(2) 8 8 1 1 1 1 1 1 Ping Xue Li(3) 5 6 - - - - - - Trent Bagnall(4) 2 2 1 1 - - - - Stephanie Hinds(5) 4 4 1 1 1 1 1 1 Held: represents the number of meetings held during the time the director held office. (1) Appointed 1 September 2025 (2) Appointed 1 December 2025 (3) Appointed 23 December 2025 (4) Resigned 18 August 2025 (5) Resigned 12 November 2025
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Camplify Holdings Limited Directors' report 30 June 2026 12 Remuneration report (audited) The remuneration report details the key management personnel remuneration arrangements for the consolidated entity, in accordance with the requirements of the Corporations Act 2001 and its Regulations. Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including all directors. The remuneration report is set out under the following main headings: ● Principles used to determine the nature and amount of remuneration ● Details of remuneration ● Service agreements ● Share-based compensation ● Additional information ● Additional disclosures relating to key management personnel Principles used to determine the nature and amount of remuneration The objective of the consolidated entity's executive reward framework is to ensure reward for performance is competitive and appropriate for the results delivered. The framework aligns executive reward with the achievement of strategic objectives and the creation of value for shareholders, and it is considered to conform to the market best practice for the delivery of reward. The Board of directors ('the Board') ensures that executive reward satisfies the following key criteria for good reward governance practices: ● competitiveness and reasonableness; ● acceptability to shareholders; ● performance linkage / alignment of executive compensation; and ● transparency. The Remuneration Committee is responsible for determining and reviewing remuneration arrangements for its directors and executives. The performance of the consolidated entity depends on the quality of its directors and executives. The remuneration philosophy is to attract, motivate and retain high performance and high quality personnel. In consultation with external remuneration consultants (refer to the section 'Use of remuneration consultants' below), the Remuneration Committee has structured an executive remuneration framework that is market competitive and complementary to the reward strategy of the consolidated entity. The reward framework is designed to align executive reward to shareholders' interests. The Board has considered that it should seek to enhance shareholders' interests by: ● having economic profit as a core component of plan design; ● focusing on sustained growth in shareholder wealth, consisting of dividends and growth in share price, and delivering constant or increasing return on assets as well as focusing the executive on key non-financial drivers of value; and ● attracting and retaining high calibre executives. Additionally, the reward framework should seek to enhance executives' interests by: ● rewarding capability and experience; ● reflecting competitive reward for contribution to growth in shareholder wealth; and ● providing a clear structure for earning rewards. In accordance with best practice corporate governance, the structure of non-executive director and executive director remuneration is separate. Non-executive directors' remuneration Fees and payments to non-executive directors reflect the demands and responsibilities of their role. Non-executive directors' fees and payments are reviewed annually by the Remuneration Committee. The Remuneration Committee may, from time to time, receive advice from independent remuneration consultants to ensure non-executive directors' fees and payments are appropriate and in line with the market. The chairman's fees are determined independently to the fees of other non-executive directors based on comparative roles in the external market. The chairman is not present at any discussions relating to the determination of his own remuneration. Non-executive directors do not receive share options or other incentives. ASX listing rules require the aggregate non-executive directors' remuneration be determined periodically by a general meeting. The most recent determination was under the constitution with maximum annual aggregate remuneration of $900,000.
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Camplify Holdings Limited Directors' report 30 June 2026 13 Executive remuneration The consolidated entity aims to reward executives based on their position and responsibility, with a level and mix of remuneration which has both fixed and variable components. The executive remuneration and reward framework has four components: ● base pay and non-monetary benefits; ● short-term performance incentives; ● long-term incentives; and ● other remuneration such as superannuation and long service leave. The combination of these comprises the executive's total remuneration. Fixed remuneration, consisting of base salary, superannuation and non-monetary benefits, are reviewed annually by the Remuneration Committee based on individual and business unit performance, the overall performance of the consolidated entity and comparable market remunerations. Executives may receive their fixed remuneration in the form of cash or other fringe benefits (for example motor vehicle benefits) where it does not create any additional costs to the consolidated entity and provides additional value to the executive. The short-term incentives ('STI') program is designed to align the targets of the business units with the performance hurdles of executives. STI payments are granted to executives based on specific annual targets and key performance indicators ('KPI's') being achieved. KPI's include a revenue target, an expense/EBITDA target and a HR/people target. The long-term incentives ('LTI') are share-based payments in the form of shares or options awarded to executives over a period of three years based on long-term incentive measures. These include increase in shareholders' value relative to the entire market and the increase compared to the consolidated entity's direct competitors. The Remuneration Committee reviewed the long-term equity-linked performance incentives specifically for executives during the year ended 30 June 2026. The original Options based LTIP was established by the consolidated entity whereby the consolidated entity may, as determined by the Board, grant options over ordinary shares in the company to executive and senior management staff to incentivise their ongoing performance to promote continuing growth and shareholder returns. The options granted under the LTIP vest in accordance with the following criteria. Vesting is determined by the Remuneration Committee at its meeting in August following the conclusion of the applicable performance period. During the year ended 30 June 2024, following the advice received by the external consultant, a new Rights based LTIP was introduced whereby the consolidated entity may, as determined by the Board, grant performance rights over ordinary shares in the company to executive and senior management staff to incentivise their ongoing performance to promote continuing growth and shareholder returns. The first tranche of these performance rights did not vest as it had been determined by the Remuneration Committee that the hurdles for vesting in FY24 had not been achieved. The grant of rights for Tranche 2 and 3 for the CEO (168,267 performance rights) were approved by shareholders at the November 2024 Annual General Meeting but these have not yet been granted. The performance rights granted under the LTIP vest in accordance with the criteria noted below and vesting is determined by the Remuneration Committee at its meeting in August each year following the conclusion of the applicable performance period. No options or performance rights were issued during 2026.
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Camplify Holdings Limited Directors' report 30 June 2026 14 Allocation/ Tranche Exercise price Vesting date Vesting conditions Options Based LTIP First allocation Tranche 1 1.42 Grant date Hurdle based on achieving revenue budget for FY21 (achieved). Tranche 2 1.42 Grant date Hurdle based on achieving revenue budget for FY22 (achieved). Tranche 3 1.42 Grant date Hurdle based on achieving revenue budget for FY23 (achieved). Second allocation Tranche 1 1.70 August 2024 Hurdle based on achieving revenue budget for FY22 (achieved). Tranche 2 1.70 August 2024 Hurdle based on achieving revenue budget for FY23 (achieved). Tranche 3 1.70 August 2024 Hurdle based on achieving revenue budget for FY24 (not achieved). Third allocation Tranche 1 1.66 August 2025 50% hurdle based on meeting revenue budget for FY23 (achieved). 50% hurdle based on company share price compared with the ASX:XTX* during FY23 (achieved). Tranche 2 1.66 August 2025 50% hurdle based on meeting revenue budget for FY24 (not achieved). 50% hurdle based on company share price compared with the ASX:XTX* during FY24 (not achieved). Tranche 3 1.66 August 2025 50% hurdle based on meeting revenue budget for FY25. 50% hurdle based on company share price compared with the ASX:XTX* during FY25 (not achieved).
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Camplify Holdings Limited Directors' report 30 June 2026 15 Allocation/ Tranche Exercise price Vesting date Vesting conditions Rights Based First allocation Tranche 1 - August 2024 12.5% hurdle based on achieving 90% of the revenue budget for FY24. Up to 12.5% hurdle based on achieving between 90% and 100% of revenue budget for FY24. 12.5% hurdle based on achieving 90% of EBITDA budget for FY24. Up to 12.5% hurdle based on achieving between 90% and 100% of EBITDA budget for FY24. 25% hurdle based on achieving 50 percentile when compared to ASX 300 Information Technology Index. Up to 25% hurdle based on achieving 50 - 70 percentile when compared to ASX 300 Information Technology Index. Tranche 2 - August 2025 12.5% hurdle based on achieving 90% of the revenue budget for FY25. Up to 12.5% hurdle based on achieving between 90% and 100% of revenue budget for FY25. 12.5% hurdle based on achieving 90% of EBITDA budget for FY25. Up to 12.5% hurdle based on achieving between 90% and 100% of EBITDA budget for FY25. 25% hurdle based on achieving 50 percentile when compared to ASX 300 Information Technology Index. Up to 25% hurdle based on achieving 50 - 70 percentile when compared to ASX 300 Information Technology Index. Tranche 3 - August 2026 12.5% hurdle based on achieving 90% of the revenue budget for FY26. Up to 12.5% hurdle based on achieving between 90% and 100% of revenue budget for FY26. 12.5% hurdle based on achieving 90% of EBITDA budget for FY26. Up to 12.5% hurdle based on achieving between 90% and 100% of EBITDA budget for FY26. 25% hurdle based on achieving 50 percentile when compared to ASX 300 Information Technology Index. Up to 25% hurdle based on achieving 50 - 70 percentile when compared to ASX 300 Information Technology Index * ASX:XTX refer to the ASX All Technology Index as quoted by the ASX under the code “XTX” Consolidated entity performance and link to remuneration Remuneration for certain individuals is directly linked to the performance of the consolidated entity. A portion of cash bonus and incentive payments are dependent on revenue targets being met, and a portion dependent on the on the company share price exceeding the All Technology Index as quoted by the ASX under code "XTX" or the ASX 300 Information Technology Index as quoted by the ASX under code "AXIKD". The remaining portion of the cash bonus and incentive payments are at the discretion of the Remuneration Committee. Refer to the section 'Additional information' below for details of the earnings and total shareholders return for the last five years. The Remuneration Committee is of the opinion that the performance-based compensation will increase shareholder wealth if maintained over the coming years. Use of remuneration consultants During the financial year ended 30 June 2026, the consolidated entity did not engage a remuneration consultant. Details of remuneration Amounts of remuneration Details of the remuneration of key management personnel of the consolidated entity are set out in the following tables.
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Camplify Holdings Limited Directors' report 30 June 2026 16 Short-term benefits Post- employme nt benefits Long-term benefits Share- based payments Cash salary Cash Non- Super- Long service Equity- and fees bonus monetary annuation leave settled Total 2026 $ $ $ $ $ $ $ Non-Executive Directors: Andrew McEvoy 79,953 - - 9,234 - - 89,187 Karl Trouchet 57,887 - - 6,946 - - 64,833 John Myler(1) 47,768 - - 5,732 - - 53,500 Michael Rosenbaum(2) 30,358 - - 3,643 - - 34,001 Ping Xue Li(3) 26,766 - - 3,212 - - 29,978 Trent Bagnall(4) 14,532 - - - - - 14,532 Stephanie Hinds(5) 23,419 - - - - - 23,419 Executive Director: Justin Hales 376,346 - - 30,000 7,947 10,540 424,833 Other Key Management Personnel: Brett Edwards 306,600 - - 30,000 6,474 9,000 352,074 963,629 - - 88,767 14,421 19,540 1,086,357 (1) Represents remuneration from 1 September 2025 to 30 June 2026. (2) Represents remuneration from 1 December 2025 to 30 June 2026. (3) Represents remuneration from 23 December 2025 to 30 June 2026. (4) Represents remuneration from 1 July 2025 to 18 August 2025. (5) Represents remuneration from 1 July 2025 to 12 November 2025. Short-term benefits Post- employme nt benefits Long-term benefits Share- based payments Cash salary Cash Non- Super- Long service Equity- and fees bonus monetary annuation leave settled Total 2025 $ $ $ $ $ $ $ Non-Executive Directors: Andrew McEvoy 98,206 - - 11,294 - - 109,500 Trent Bagnall 108,250 - - - - - 108,250 Karl Trouchet 64,574 - - 7,426 - - 72,000 Stephanie Hinds 72,000 - - - - - 72,000 Helen Souness(1) 44,087 - - - - - 44,087 Executive Director: Justin Hales 376,346 - - 30,000 7,947 13,203 427,496 Other Key Management Personnel: Andrea MacDougall(2) 229,453 - - 20,000 4,431 13,193 267,077 Brett Edwards(3) 63,736 - - 7,318 1,052 - 72,106 1,056,652 - - 76,038 13,430 26,396 1,172,516 (1) Represents remuneration from 1 July 2024 to 13 November 2024. (2) Represents remuneration from 1 July 2024 to 27 February 2025 as Chief Financial Officer. (3) Represents remuneration from 15 April 2025 to 30 June 2025 as Chief Financial Officer.
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Camplify Holdings Limited Directors' report 30 June 2026 17 The proportion of remuneration linked to performance and the fixed proportion are as follows: Fixed remuneration At risk - STI At risk - LTI Name 2026 2025 2026 2025 2026 2025 Non-Executive Directors: Andrew McEvoy 100% 100% - - - - Karl Trouchet 100% 100% - - - - John Myler 100% - - - - - Michael Rosenbaum 100% - - - - - Ping Xue Li 100% - - - - - Trent Bagnall 100% 100% - - - - Stephanie Hinds 100% 100% - - - - Executive Director: Justin Hales 74% 65% 26% 13% - 22% Other Key Management Personnel: Andrea MacDougall - 71% - 13% - 16% Brett Edwards 80% - 20% - - - The proportion of the cash bonus paid/payable or forfeited is as follows: Cash bonus paid/payable Cash bonus forfeited Name 2026 2025 2026 2025 Executive Director: Justin Hales - - 100% 100% Other Key Management Personnel: Andrea MacDougall - - - 100% Brett Edwards - - 100% - Service agreements Remuneration and other terms of employment for key management personnel are formalised in service agreements. Details of these agreements are as follows: Name: Justin Hales Title: Chief Executive Officer Agreement commenced: 19 May 2014 Term of agreement: On-going basis Details: Base annual salary is $376,249 plus superannuation. Eligible for an annual bonus amount of up to 35% of total employment cost. The payment of the bonus is at the discretion of the Board and is subject to the CEO achieving certain performance and financial KPI's. Eligible to participate in the company’s employee share option plan, the company’s 3% employee share scheme and the company’s Long-Term Incentive Plan. Employment contract may be terminated by the CEO on provision of 12 weeks’ written notice. The company may terminate the CEO’s employment by giving 6 months’ written notice in the event of poor work conduct and/or performance or without notice in circumstances of serious misconduct. The company may terminate the CEO’s employment by giving 12 months’ written notice in circumstances where the CEO is unable to properly discharge obligations under the contract through accident, injury or illness or for any other reason. The company may elect to pay the CEO in lieu of part or all of the notice period.
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Camplify Holdings Limited Directors' report 30 June 2026 18 Name: Brett Edwards Title: Chief Financial Officer Agreement commenced: 16 April 2025 Term of agreement: On-going basis Details: Base annual salary is $300,000 plus superannuation Eligible for an annual bonus amount of up to 25% of total employment cost. The payment of the bonus is subject to the employee achieving certain performance and KPIs. Eligible to participate in the company’s employee share option plan, the company’s 3% employee share scheme, and the company’s Long-Term Incentive Plan. Employment contract may be terminated by the employee on provision of 8 weeks written notice. The company may terminate employment by giving 8 weeks written notice in the event of poor work conduct and/or performance or without notice in circumstances of serious misconduct. The company may terminate employment by giving 8 weeks written notice in circumstances where employee is unable to properly discharge obligations under the contract through accident, injury or illness or for any other reason. The company may elect to pay the employee in lieu of part or all of the notice period. Key management personnel have no entitlement to termination payments in the event of removal for misconduct. Share-based compensation Issue of shares Details of shares issued to directors and other key management personnel as part of compensation during the year ended 30 June 2026 under the employee share scheme are set out below: Name Date Shares Issue price $ Justin Hales September 2025 16,255 $0.3242 5,270 Justin Hales March 2026 19,892 $0.2649 5,270 Brett Edwards March 2026 33,970 $0.2649 9,000 Options No options over ordinary shares were granted to directors and key management personnel under the Long-Term Incentive Plan during the year. Additional information The earnings of the consolidated entity for the five years to 30 June 2026 are summarised below: 2026 2025 (Restated)* 2024 2023 2022 $ $ $ $ $ Sales revenue 39,178,214 42,022,362 47,752,279 38,228,733 16,357,473 Loss after income tax (810,956) (16,540,834) (8,119,180) (3,608,688) (8,164,684) The factors that are considered to affect total shareholders return ('TSR') are summarised below: 2026 2025 (Restated)* 2024 2023 2022 Share price at financial year end (cents) 20.0 33.0 142.0 210.0 171.0 Basic earnings per share (cents per share) (1.0) (23.1) (11.4) (6.3) (21.0)
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Camplify Holdings Limited Directors' report 30 June 2026 19 * The comparative financial information for the year ended 30 June 2025 has been restated to reflect additional insurance cost accruals associated with the European operations. This adjustment ensures the proper matching of insurance expenses to the period in which the coverage was provided. Consequently, opening provisions for the current period have been increased by $928,700 with a corresponding increase in cost of sales, and decrease in income tax expense of $232,175 with a corresponding increase in deferred tax. Additional disclosures relating to key management personnel Shareholding The number of shares in the company held during the financial year by each director and other members of key management personnel of the consolidated entity, including their personally related parties, is set out below: Balance at Received Balance at the start of as part of Disposals/ the end of the year remuneration Additions other the year Ordinary shares Andrew McEvoy 230,953 - 35,088 - 266,041 Justin Hales 5,636,525 36,147 115,667 - 5,788,339 Karl Trouchet 230,000 - - - 230,000 John Myler - - 29,850 - 29,850 Michael Rosenbaum - - 56,436 - 56,436 Ping Xue Li - - 10,453,093 - 10,453,093 Brett Edwards - 33,970 15,000 - 48,970 Trent Bagnall(1) 152,857 - - (152,857) - Stephanie Hinds(2) 493,578 - - (493,578) - 6,743,913 70,117 10,705,134 (646,435) 16,872,729 (1) Resigned on 18 August 2025 (2) Resigned on 12 November 2025 Option holding The number of options over ordinary shares in the company held during the financial year by each director and other members of key management personnel of the consolidated entity, including their personally related parties, is set out below: Balance at Expired/ Balance at the start of forfeited/ the end of the year Granted Exercised other the year Options over ordinary shares Justin Hales 167,834 - - (66,176) 101,658 167,834 - - (66,176) 101,658 The number of options that have vested and are exercisable at year end is nil. Other transactions with key management personnel and their related parties ● Justin Hales was invoiced $6,095 and paid $1,770 of that amount to the consolidated entity for club membership for RV vans owned by the Director; ● the consolidated entity withheld $1,923 in pay out from managed vans owned by director-related entity, JB Vans (related to Ping Xue L), as per agreement for the consolidated entity to keep all income for a period; ● the consolidated entity paid $13,246 to director-related entity, JB Group (related to Ping Xue L) for storage space for the consolidated entity's Rent-a-tent business; ● JB Group was billed $13,979 for wages for staff operating the managed services businesses for the consolidated entity; ● JB Group was billed $11,985 for advertising services provide by the consolidated entity; ● JB Group was billed $11,000 for sponsorship of an owners summit operated by the consolidated entity; ● the consolidated entity paid $1,073 to JB Group for repair works associated with the consolidated entity's member protection operations; and ● JB Group was billed $7,398 for signage and installation services (50% of what the consolidated entity paid) to Screen Signs. This concludes the remuneration report, which has been audited.
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Camplify Holdings Limited Directors' report 30 June 2026 20 Shares under option Unissued ordinary shares of Camplify Holdings Limited under option at the date of this report are as follows: Exercise Number Grant date Expiry date price under option 19/03/2024 31/08/2026 $1.6600 101,658 No person entitled to exercise the options had or has any right by virtue of the option to participate in any share issue of the company or of any other body corporate. Shares issued on the exercise of options There were no ordinary shares of Camplify Holdings Limited issued on the exercise of options during the year ended 30 June 2026 and up to the date of this report. Indemnity and insurance of officers The company has indemnified the directors and executives of the company for costs incurred, in their capacity as a director or executive, for which they may be held personally liable, except where there is a lack of good faith. During the financial year, the company paid a premium in respect of a contract to insure the directors and executives of the company against a liability to the extent permitted by the Corporations Act 2001. The contract of insurance prohibits disclosure of the nature of the liability and the amount of the premium. Indemnity and insurance of auditor The company has not, during or since the end of the financial year, indemnified or agreed to indemnify the auditor of the company or any related entity against a liability incurred by the auditor. During the financial year, the company has not paid a premium in respect of a contract to insure the auditor of the company or any related entity. Proceedings on behalf of the company No person has applied to the Court under section 237 of the Corporations Act 2001 for leave to bring proceedings on behalf of the company, or to intervene in any proceedings to which the company is a party for the purpose of taking responsibility on behalf of the company for all or part of those proceedings. Non-audit services Details of the amounts paid or payable to the auditor for non-audit services provided during the financial year by the auditor are outlined in note 21 to the financial statements. The directors are satisfied that the provision of non-audit services during the financial year, by the auditor (or by another person or firm on the auditor's behalf), is compatible with the general standard of independence for auditors imposed by the Corporations Act 2001. The directors are of the opinion that the services as disclosed in note 21 to the financial statements do not compromise the external auditor's independence requirements of the Corporations Act 2001 for the following reasons: ● all non-audit services have been reviewed and approved to ensure that they do not impact the integrity and objectivity of the auditor; and ● none of the services undermine the general principles relating to auditor independence as set out in APES 110 Code of Ethics for Professional Accountants (including Independence Standards) issued by the Accounting Professional and Ethical Standards Board, including reviewing or auditing the auditor's own work, acting in a management or decision- making capacity for the company, acting as advocate for the company or jointly sharing economic risks and rewards. Officers of the company who are former partners of PKF (NS) Audit & Assurance Limited Partnership There are no officers of the company who are former partners of PKF (NS) Audit & Assurance Limited Partnership. Auditor's independence declaration A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors' report.
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Camplify Holdings Limited Directors' report 30 June 2026 21 This report is made in accordance with a resolution of directors, pursuant to section 298(2)(a) of the Corporations Act 2001. On behalf of the directors ___________________________ ___________________________ Andrew McEvoy Justin Hales Chairman Managing Director 25 August 2026 Newcastle
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Camplify Holdings Limited Contents 30 June 2026 23 Statement of profit or loss and other comprehensive income 24 Statement of financial position 25 Statement of changes in equity 26 Statement of cash flows 27 Notes to the financial statements 28 Consolidated entity disclosure statement 59 Directors' declaration 60 Independent auditor's report to the members of Camplify Holdings Limited 61 Shareholder information 66 General information The financial statements cover Camplify Holdings Limited as a consolidated entity consisting of Camplify Holdings Limited and the entities it controlled at the end of, or during, the year. The financial statements are presented in Australian dollars, which is Camplify Holdings Limited's functional and presentation currency. Camplify Holdings Limited is a listed public company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business are: Registered office Principal place of business C/O Growthwise 42 Union Street 59 Parry Street Wickham Newcastle NSW 2293 NSW 2293 A description of the nature of the consolidated entity's operations and its principal activities are included in the directors' report, which is not part of the financial statements. The financial statements were authorised for issue, in accordance with a resolution of directors, on 25 August 2026. The directors have the power to amend and reissue the financial statements.
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Camplify Holdings Limited Statement of profit or loss and other comprehensive income For the year ended 30 June 2026 Consolidated Note 2026 2025 (Restated)* $ $ The above statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes 24 Revenue 5 39,178,214 42,022,362 Other income 6 82,935 178,539 Interest revenue calculated using the effective interest method 23,575 71,013 Expenses Cost of sales (14,359,419) (17,664,518) Administrative expenses (3,558,254) (3,352,414) Employee benefits expense 7 (12,384,600) (16,060,352) Depreciation and amortisation expense 7 (1,521,678) (1,570,067) Impairment of assets 12 - (6,036,000) Write off of assets (62,570) - Marketing expenses (4,161,566) (7,388,323) Other expenses (4,477,721) (8,095,782) Finance costs 7 (23,735) (23,207) Loss before income tax benefit (1,264,819) (17,918,749) Income tax benefit 8 453,863 1,377,915 Loss after income tax benefit for the year attributable to the owners of Camplify Holdings Limited (810,956) (16,540,834) Other comprehensive loss Items that may be reclassified subsequently to profit or loss Foreign currency translation 17 (1,748,012) (994,214) Other comprehensive loss for the year, net of tax (1,748,012) (994,214) Total comprehensive loss for the year attributable to the owners of Camplify Holdings Limited (2,558,968) (17,535,048) Cents Cents (Restated)* Basic earnings per share 28 (1.0) (23.1) Diluted earnings per share 28 (1.0) (23.1) * Refer to note 3 for details relating to restatement of comparatives.
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Camplify Holdings Limited Statement of financial position As at 30 June 2026 Consolidated Note 2026 2025 (Restated)* $ $ The above statement of financial position should be read in conjunction with the accompanying notes 25 Assets Current assets Cash at bank 10,044,429 8,412,717 Trade and other receivables 9 11,328,462 12,707,481 Inventories - 3,116 Income tax refund due 27,237 - Other assets 10 1,293,355 2,270,264 Total current assets 22,693,483 23,393,578 Non-current assets Property, plant and equipment 11 947,507 1,402,995 Right-of-use assets 264,798 283,803 Intangibles 12 48,433,547 50,347,743 Deferred tax 8 2,445,535 2,008,418 Total non-current assets 52,091,387 54,042,959 Total assets 74,784,870 77,436,537 Liabilities Current liabilities Trade and other payables 13 21,582,696 23,809,032 Contract liabilities 14 5,897,127 6,774,698 Lease liabilities 113,350 78,781 Income tax - 73,970 Employee benefits 567,782 668,325 Provisions 15 979,758 873,706 Total current liabilities 29,140,713 32,278,512 Non-current liabilities Lease liabilities 171,692 210,320 Deferred tax 8 3,975,480 4,151,286 Employee benefits 161,213 201,038 Total non-current liabilities 4,308,385 4,562,644 Total liabilities 33,449,098 36,841,156 Net assets 41,335,772 40,595,381 Equity Issued capital 16 88,417,795 85,118,436 Reserves 17 (2,284,033) (202,698) Accumulated losses (44,797,990) (44,320,357) Total equity 41,335,772 40,595,381 * Refer to note 3 for details relating to restatement of comparatives.
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Camplify Holdings Limited Statement of changes in equity For the year ended 30 June 2026 The above statement of changes in equity should be read in conjunction with the accompanying notes 26 Issued capital Reserves Accumulated losses Total equity Consolidated $ $ $ $ Balance at 1 July 2024 85,118,436 1,001,558 (27,779,523) 58,340,471 Loss after income tax benefit for the year - - (16,540,834) (16,540,834) Other comprehensive loss for the year, net of tax - (994,214) - (994,214) Total comprehensive loss for the year (Restated) - (994,214) (16,540,834) (17,535,048) Transactions with owners in their capacity as owners: Share-based payments (note 29) - 350,306 - 350,306 Options lapsed - (560,348) - (560,348) Balance at 30 June 2025 (Restated) 85,118,436 (202,698) (44,320,357) 40,595,381 Issued capital Reserves Accumulated losses Total equity Consolidated $ $ $ $ Balance at 1 July 2025 (Restated) 85,118,436 (202,698) (44,320,357) 40,595,381 Loss after income tax benefit for the year - - (810,956) (810,956) Other comprehensive loss for the year, net of tax - (1,748,012) - (1,748,012) Total comprehensive loss for the year - (1,748,012) (810,956) (2,558,968) Transfer between reserves - (333,323) 333,323 - Transactions with owners in their capacity as owners: Contributions of equity, net of transaction costs (note 16) 3,299,359 - - 3,299,359 Balance at 30 June 2026 88,417,795 (2,284,033) (44,797,990) 41,335,772
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Camplify Holdings Limited Statement of cash flows For the year ended 30 June 2026 Consolidated Note 2026 2025 $ $ The above statement of cash flows should be read in conjunction with the accompanying notes 27 Cash flows from operating activities Receipts from customers (inclusive of GST) 122,674,962 149,795,042 Payments to suppliers and employees (inclusive of GST) (123,686,716) (154,376,082) (1,011,754) (4,581,040) Interest received 23,575 71,013 Interest and other finance costs paid (23,735) (23,207) Income taxes refunded (237,000) 6,100 Net cash used in operating activities 27 (1,248,914) (4,527,134) Cash flows from investing activities Payments for property, plant and equipment 11 (3,325) (404,036) Payments for intangibles 12 - (213,233) Proceeds from disposal of property, plant and equipment 27,079 32,858 Proceeds from release of security deposits - 13,000 Net cash from/(used in) investing activities 23,754 (571,411) Cash flows from financing activities Proceeds from issue of shares 16 3,211,190 - Repayment of borrowings - (58,536) Repayment of lease liabilities (98,537) (135,473) Net cash from/(used in) financing activities 3,112,653 (194,009) Net increase/(decrease) in cash and cash equivalents 1,887,493 (5,292,554) Cash and cash equivalents at the beginning of the financial year 8,412,717 14,802,332 Effects of exchange rate changes on cash and cash equivalents (255,781) (1,097,061) Cash and cash equivalents at the end of the financial year 10,044,429 8,412,717
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 28 Note 1. Material accounting policy information The accounting policies that are material to the consolidated entity are set out either in the respective notes or below. The accounting policies adopted are consistent with those of the previous financial year, unless otherwise stated. New or amended Accounting Standards and Interpretations adopted The consolidated entity has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. The adoption of these Accounting Standards and Interpretations did not have any significant impact on the financial performance or position of the consolidated entity. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. Going concern The consolidated entity incurred a net loss of $810,956 (2025: $16,540,834) and operating cash outflows of $1,248,914 (2025: $4,527,134) for the year ended 30 June 2026. As at that date, the consolidated entity has cash holdings of $10,044,429 (2025: $8,412,717) and is in a net current liability position of $6,447,230 (2025: $8,884,934). Notwithstanding the net current asset deficiency, the financial statements have been prepared on a going concern basis, which contemplates the continuity of normal business activity, the realisation of assets, settlement of liabilities through the normal course of business including the presumption that sufficient funds will be available to finance the operations of the consolidated entity. These factors indicate a material uncertainty which may cast significant doubt as to whether the consolidated entity will continue as a going concern, and therefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts in these financial statements. In adopting the going concern basis, the directors have had regard to the following: ● cost reduction programs executed during the year have significantly improved earnings for the year ended 30 June 2026; ● modest growth is forecast across all key revenue streams; ● the consolidated entity successfully completed a $3.2m capital raise during the year and has access to cash from an additional capital raise if considered necessary; ● debt collections processes have been improved to increase cash flows; ● the TAP programme has new bookings expected from recent Victorian bushfires; ● contract liabilities of $5,897,127 (2025: $6,774,698) represent unearned upfront payments received from customers, which will not result in an outflow of cash within the next twelve months; and ● forecasts of cash and available funding which indicate sufficient funding for at least twelve months from the date of this report. Based on the above information, the directors are of the opinion that the consolidated entity is well positioned to meet its objectives and obligations going forward and therefore that the basis upon which the financial statements are prepared is appropriate in the circumstances. Should the consolidated entity be unable to continue as a going concern, it may be required to realise its assets and extinguish its liabilities other than in the ordinary course of business, and at amounts that differ from those stated in the financial statements. The financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount of liabilities that might result should the consolidated entity be unable to continue as a going concern and meet its debts as and when they become due and payable. Basis of preparation These general purpose financial statements have been prepared in accordance with Australian Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') and the Corporations Act 2001, as appropriate for for-profit oriented entities. These financial statements also comply with International Financial Reporting Standards Accounting Standards as issued by the International Accounting Standards Board ('IASB'). Historical cost convention The financial statements have been prepared under the historical cost convention.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 1. Material accounting policy information (continued) 29 Critical accounting estimates The preparation of the financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the consolidated entity's accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 2. Parent entity information In accordance with the Corporations Act 2001, these financial statements present the results of the consolidated entity only. Supplementary information about the parent entity is disclosed in note 24. Principles of consolidation The consolidated financial statements incorporate the assets and liabilities of all subsidiaries of Camplify Holdings Limited ('company' or 'parent entity') as at 30 June 2026 and the results of all subsidiaries for the year then ended. Camplify Holdings Limited and its subsidiaries together are referred to in these financial statements as the 'consolidated entity'. Subsidiaries are all those entities over which the consolidated entity has control. The consolidated entity controls an entity when the consolidated entity is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. Subsidiaries are fully consolidated from the date on which control is transferred to the consolidated entity. They are de-consolidated from the date that control ceases. Intercompany transactions, balances and unrealised gains on transactions between entities in the consolidated entity are eliminated. Unrealised losses are also eliminated unless the transaction provides evidence of the impairment of the asset transferred. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the consolidated entity. The acquisition of subsidiaries is accounted for using the acquisition method of accounting. A change in ownership interest, without the loss of control, is accounted for as an equity transaction, where the difference between the consideration transferred and the book value of the share of the non-controlling interest acquired is recognised directly in equity attributable to the parent. Where the consolidated entity loses control over a subsidiary, it derecognises the assets including goodwill, liabilities and non- controlling interest in the subsidiary together with any cumulative translation differences recognised in equity. The consolidated entity recognises the fair value of the consideration received and the fair value of any investment retained together with any gain or loss in profit or loss. Foreign currency translation Foreign operations The assets and liabilities of foreign operations are translated into Australian dollars using the exchange rates at the reporting date. The revenues and expenses of foreign operations are translated into Australian dollars using the average exchange rates, which approximate the rates at the dates of the transactions, for the period. All resulting foreign exchange differences are recognised in other comprehensive income through the foreign currency reserve in equity. The foreign currency reserve is recognised in profit or loss when the foreign operation or net investment is disposed of. Impairment of non-financial assets Goodwill and other intangible assets that have an indefinite useful life are not subject to amortisation and are tested annually for impairment, or more frequently if events or changes in circumstances indicate that they might be impaired. Other non- financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised for the amount by which the asset's carrying amount exceeds its recoverable amount. Recoverable amount is the higher of an asset's fair value less costs of disposal and value-in-use. The value-in-use is the present value of the estimated future cash flows relating to the asset using a pre-tax discount rate specific to the asset or cash-generating unit to which the asset belongs. Assets that do not have independent cash flows are grouped together to form a cash-generating unit.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 1. Material accounting policy information (continued) 30 New Accounting Standards and Interpretations not yet mandatory or early adopted Australian Accounting Standards and Interpretations that have recently been issued or amended but are not yet mandatory, have not been early adopted by the consolidated entity for the annual reporting period ended 30 June 2026. The consolidated entity's assessment of the impact of these new or amended Accounting Standards and Interpretations, most relevant to the consolidated entity, are set out below. AASB 18 Presentation and Disclosure in Financial Statements This standard is applicable to annual reporting periods beginning on or after 1 January 2027 and early adoption is permitted. The standard replaces AASB 101 'Presentation of Financial Statements', with many of the original disclosure requirements retained and there will be no impact on the recognition and measurement of items in the financial statements. But the standard will affect presentation and disclosure in the financial statements, including introducing five categories in the statement of profit or loss and other comprehensive income: operating, investing, financing, income taxes and discontinued operations. The standard introduces two mandatory sub-totals in the statement: 'Operating profit' and 'Profit before financing and income taxes'. There are also new disclosure requirements for 'management-defined performance measures', such as earnings before interest, taxes, depreciation and amortisation ('EBITDA') or 'adjusted profit'. The standard provides enhanced guidance on grouping of information (aggregation and disaggregation), including whether to present this information in the primary financial statements or in the notes. The consolidated entity will adopt this standard from 1 July 2027 and it is expected that there will be a significant change to the layout of the statement of profit or loss and other comprehensive income. Note 2. Critical accounting judgements, estimates and assumptions The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the reported amounts in the financial statements. Management continually evaluates its judgements and estimates in relation to assets, liabilities, contingent liabilities, revenue and expenses. Management bases its judgements, estimates and assumptions on historical experience and on other various factors, including expectations of future events, management believes to be reasonable under the circumstances. The resulting accounting judgements and estimates will seldom equal the related actual results. The judgements, estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities (refer to the respective notes) within the next financial year are discussed below. Share-based payment transactions The consolidated entity measures the cost of equity-settled transactions with employees by reference to the fair value of the equity instruments at the date at which they are granted. The fair value is determined by using either the Binomial or Black- Scholes model taking into account the terms and conditions upon which the instruments were granted. The accounting estimates and assumptions relating to equity-settled share-based payments would have no impact on the carrying amounts of assets and liabilities within the next annual reporting period but may impact profit or loss and equity. Allowance for expected credit losses The allowance for expected credit losses assessment requires a degree of estimation and judgement. It is based on the lifetime expected credit loss, grouped based on days overdue, and makes assumptions to allocate an overall expected credit loss rate for each group. These assumptions include recent sales experience and historical collection rates. Estimation of useful lives of assets The consolidated entity determines the estimated useful lives and related depreciation and amortisation charges for its property, plant and equipment and finite life intangible assets. The useful lives could change significantly as a result of technical innovations or some other event. The depreciation and amortisation charge will increase where the useful lives are less than previously estimated lives, or technically obsolete or non-strategic assets that have been abandoned or sold will be written off or written down. Goodwill and other indefinite life intangible assets The consolidated entity tests annually, or more frequently if events or changes in circumstances indicate impairment, whether goodwill and other indefinite life intangible assets have suffered any impairment, in accordance with the accounting policy stated in note 12. The recoverable amounts of cash-generating units have been determined based on value-in-use calculations. These calculations require the use of assumptions, including estimated discount rates based on the current cost of capital and growth rates of the estimated future cash flows.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 2. Critical accounting judgements, estimates and assumptions (continued) 31 The Brand name acquired in a business combination has been assessed to have an indefinite useful life as there is no indication that the useful life of the Brand name will end in the reasonably foreseeable future and there is no way to reliably determine when the asset will cease having economic value. Recovery of deferred tax assets Deferred tax assets are recognised for deductible temporary differences only if the consolidated entity considers it is probable that future taxable amounts will be available to utilise those temporary differences and losses. Lease term The lease term is a significant component in the measurement of both the right-of-use asset and lease liability. Judgement is exercised in determining whether there is reasonable certainty that an option to extend the lease or purchase the underlying asset will be exercised, or an option to terminate the lease will not be exercised, when ascertaining the periods to be included in the lease term. In determining the lease term, all facts and circumstances that create an economical incentive to exercise an extension option, or not to exercise a termination option, are considered at the lease commencement date. Factors considered may include the importance of the asset to the consolidated entity's operations; comparison of terms and conditions to prevailing market rates; incurrence of significant penalties; existence of significant leasehold improvements; and the costs and disruption to replace the asset. The consolidated entity reassesses whether it is reasonably certain to exercise an extension option, or not exercise a termination option, if there is a significant event or significant change in circumstances. Management assumptions on right-of-use assets and lease liabilities There are specific estimates and judgements that were used as part of the calculation of right-of-use assets and lease liabilities. These estimates include the lease terms, lease make good provisions and lease increases based on consumer price index. Management used the best available estimate of these inputs in the calculations. Management has elected not to apply the available expedient to not separately account for non-lease components. As such, the consolidated entity has separated any non-lease components from future lease payments and will continue to account for these components as an expense over time as the non-lease components are provided. As such, there are no future assets or obligations recognised in respect of non-lease components. For some leases, the identification of amounts related to non-lease components must be estimated due to contracts not including an explicit break-up. In these cases, management estimates the value of the non-lease component by reference to available market data. Where the estimate is significant, management includes a note to detail the judgements made to arrive at the estimate. Agent vs Principal relationship in revenue recognition Judgement has been exercised in considering the consolidated entity’s contracts with customers and whether the contractual obligations relating to the performance obligations reside with the consolidated entity or a third party and therefore whether the consolidated entity is acting as an Agent or Principal. Provision for claims payable Liabilities in relation to accident excess reduction product taken out by hirers with open claims relating to pre-year end, are recognised in the provision for excess reduction up to the reporting date. They are measured at the amounts expected to be paid when the liabilities are settled. Control of entities where no shares held Management has determined that the consolidated entity controls MyWay Mutual Holdings Limited, Tangerine PCC Limited My Cell and Windward Insurance PCC Limited My Way Cell even though it does not hold shares in these entities. This is because the consolidated entity is considered to substantially control the activities of each of the entities in the Mutual structure.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 32 Note 3. Restatement of comparatives Correction of error The comparative financial information for the year ended 30 June 2025 has been restated (extract included below) to reflect additional insurance cost accruals associated with the European operations. In the statement of changes in equity, the opening balance as at 1 July 2025 was also adjusted to restate the balances from 30 June 2025. This adjustment ensures the proper matching of insurance expenses to the period in which the coverage was provided. Consequently, opening provisions for the current period have been increased by $928,700 with a corresponding increase in cost of sales, and decrease in income tax expense of $232,175 with a corresponding increase in deferred tax. A summary of the adjustments is outline below: As previously reported Adjustment Restated Statement of financial position (extract) as at 30 June 2025 $ $ $ Assets Non-current assets Deferred tax 1,776,243 232,175 2,008,418 Total non-current assets 53,810,784 232,175 54,042,959 Total assets 77,204,362 232,175 77,436,537 Liabilities Current liabilities Trade and other payables 22,880,332 928,700 23,809,032 Total current liabilities 31,349,812 928,700 32,278,512 Total liabilities 35,912,456 928,700 36,841,156 Net assets 41,291,906 (696,525) 40,595,381 Equity Accumulated losses (43,623,832) (696,525) (44,320,357) Total equity 41,291,906 (696,525) 40,595,381
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 3. Restatement of comparatives (continued) 33 As previously reported Adjustment Restated Statement of profit or loss and other comprehensive income (extract) for the year ended 30 June 2025 $ $ $ Expenses Cost of sales (16,735,818) (928,700) (17,664,518) Loss before income tax benefit (16,990,049) (928,700) (17,918,749) Income tax benefit 1,145,740 232,175 1,377,915 Loss after income tax benefit for the year attributable to the owners of Camplify Holdings Limited (15,844,309) (696,525) (16,540,834) Total comprehensive loss for the year attributable to the owners of Camplify Holdings Limited (16,838,523) (696,525) (17,535,048) Cents Cents Cents Reported Adjustment Restated Basic earnings per share (22.2) (0.9) (23.1) Diluted earnings per share (22.2) (0.9) (23.1) Statement of financial position at the beginning of the earliest comparative period There were no changes to the statement of financial position at the beginning of the earliest comparative period. Note 4. Operating segments Identification of reportable operating segments The consolidated entity is organised into three operating segments being Hire, Membership and Other. These operating segments are based on the internal reports that are reviewed and used by the Board of Directors (who are identified as the Chief Operating Decision Makers ('CODM')) in assessing performance and in determining the allocation of resources. There is no aggregation of operating segments. Other segments include new products or innovations that the consolidated entity has brought to market, but are currently not significant to be reported as a segment. The results of these operations are included in the ‘Other' segments column. The column also includes head office and group service charges. The CODM reviews adjusted EBITDA (earnings before interest, tax, depreciation and amortisation, adjusted for non-operating items), which is a non-IFRS measure. The accounting policies adopted for internal reporting to the CODM are consistent with those adopted in the financial statements. The information reported to the CODM is on a monthly basis.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 4. Operating segments (continued) 34 Types of products and services The consolidated entity has a robust revenue model primarily made up of hire revenue, platform fees charged to both hirers and owners calculated as a percentage commission on bookings, and premium memberships, a monthly subscription for additional utility, to maximise value per vehicle and customer. Hirer revenue Hirers: The booking fee for hirers is 10.5% providing them with usage of the Camplify platform and 24/7 support. The booking fee for hirers through PaulCamper is 5%. Owners: The final fee is determined by the protection level selected - Casual membership (12.5%), Bring Your Own Insurance (10.5%) and Premium Membership (6.5%). Fees vary slightly in the UK and Spanish markets. The owners' fee under PaulCamper is 15%. Premium membership Owners seeking to maximise their rental income pay a monthly subscription fee (between $89 and $288 per month depending on the value of the RV) for additional marketing services, reduced commission and full member backed protection (Australia and New Zealand markets). Intersegment receivables, payables and loans Intersegment loans are initially recognised at the consideration received. Intersegment loans receivable and loans payable that earn or incur non-market interest are not adjusted to fair value based on market interest rates. Intersegment loans are eliminated on consolidation. Operating segment information Marketplace Membership Corporate Total Consolidated - 2026 $ $ $ $ Revenue Booking fees 9,640,984 - - 9,640,984 Listing fees 7,020,706 - - 7,020,706 Premium membership fees - 8,165,139 - 8,165,139 Excess reduction and insurance income 14,351,385 - - 14,351,385 Total revenue 31,013,075 8,165,139 - 39,178,214 Adjusted EBITDA 6,694,127 3,844,722 (10,281,830) 257,019 Depreciation and amortisation (1,521,678) Interest revenue 23,575 Finance costs (23,735) Loss before income tax benefit (1,264,819) Income tax benefit 453,863 Loss after income tax benefit (810,956) Material items include: Cost of sales 10,190,457 4,168,962 - 14,359,419 Assets Segment assets 47,288,318 1,329,132 6,367,991 54,985,441 Unallocated assets: Cash at bank 10,044,429 Brand name 9,755,000 Total assets 74,784,870 Total assets include: Acquisition of non-current assets 3,325 - - 3,325 Liabilities Segment liabilities 26,014,631 2,177,070 1,281,917 29,473,618 Unallocated liabilities: Deferred tax liability 3,975,480 Total liabilities 33,449,098
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 4. Operating segments (continued) 35 Marketplace (Restated) Membership Corporate Total Consolidated - 2025 $ $ $ $ Revenue Booking fees 10,587,841 - - 10,587,841 Listing fees 9,284,365 - - 9,284,365 Premium membership fees - 5,460,248 - 5,460,248 Excess reduction and insurance income 11,699,483 4,990,425 - 16,689,908 Total revenue 31,571,689 10,450,673 - 42,022,362 Adjusted EBITDA (1,045,954) 1,452,148 (10,766,682) (10,360,488) Depreciation and amortisation (1,570,067) Interest revenue 71,013 Finance costs (23,207) Impairment (6,036,000) Loss before income tax benefit (17,918,749) Income tax benefit 1,377,915 Loss after income tax benefit (16,540,834) Material items include: Cost of sales 11,499,945 6,164,573 - 17,664,518 Assets Segment assets 57,936,616 1,257,494 74,710 59,268,820 Unallocated assets: Cash at bank 8,412,717 Brand name 9,755,000 Total assets 77,436,537 Total assets include: Acquisition of non-current assets 404,036 - - 404,036 Liabilities Segment liabilities 28,569,948 4,119,922 - 32,689,870 Unallocated liabilities: Deferred tax liability 4,151,286 Total liabilities 36,841,156 Geographical information Sales to external customers Geographical non-current assets 2026 2025 2026 2025 $ $ $ $ Australia 25,092,250 26,385,500 46,710,380 51,955,948 New Zealand 6,469,902 5,631,820 6,150,709 7,084,341 United Kingdom 1,957,483 2,683,754 - 82 Spain 371,167 539,544 - 285 Germany 5,084,222 6,380,296 20,856 23,562 Austria 111,287 180,855 - - Netherlands 91,903 220,593 - - Portugal - - - 33,592 39,178,214 42,022,362 52,881,945 59,097,810 The geographical non-current assets above are exclusive of financial instruments and deferred tax assets.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 4. Operating segments (continued) 36 Accounting policy for operating segments Operating segments are presented using the 'management approach', where the information presented is on the same basis as the internal reports provided to the Chief Operating Decision Makers ('CODM'). The CODM is responsible for the allocation of resources to operating segments and assessing their performance. Note 5. Revenue Consolidated 2026 2025 $ $ Revenue from contracts with customers Booking fees 9,640,984 10,587,841 Listing fees 7,020,706 9,284,365 Premium membership fees (excluding insurance) 8,165,139 5,460,248 24,826,829 25,332,454 Other revenue Excess reduction and insurance income 14,351,385 16,689,908 Revenue 39,178,214 42,022,362 Disaggregation of revenue The disaggregation of revenue from contracts with customers is as follows: Consolidated 2026 2025 $ $ Timing of revenue recognition Services transferred over time 19,539,417 18,550,709 Services transferred at a point in time 5,287,412 6,781,745 24,826,829 25,332,454 Accounting policy for revenue recognition The consolidated entity recognises revenue related to the transfer of promised goods or services when a performance obligation is satisfied and when control of the goods or services passes to the customer. The amount of revenue recognised reflects the consideration to which the consolidated entity is or expects to be entitled in exchange for those goods or services. Revenue from contracts with customers The consolidated entity is in the business of providing a sharing platform for owners of recreational vehicles (RVs) to connect with hirers of RVs. Revenue from contracts with customers is recognised when the performance obligations from contracts with customers are satisfied and this may occur at a point in time or over time. Revenue is measured at an amount that reflects the consideration that the consolidated entity expects to receive in exchange for the satisfactory completion of the performance obligations. None of the revenue streams of the consolidated entity have any significant financing terms as there is less than 12 months between receipt of funds and satisfaction of performance obligations. Hire revenue - booking fees, listing fees and associated fees The consolidated entity facilitates the hire of RVs between the owner and the hirer and as such has determined that it is acting as an agent in facilitating the transaction. The consolidated entity recognises the hire revenue at the net amount of the fees retained on each hire transaction including hire fees, listing fees and other associated fees and charges relating to the hire of the equipment.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 5. Revenue (continued) 37 Camplify hire revenue is recognised over the period of the booking being when the performance obligation for service as the agent is satisfied. PaulCamper hire revenue is recognised at the time of booking being when obligations are fulfilled to both the owner and the hirer. Premium membership revenue The consolidated entity offers an option for owners of RVs to purchase ‘Camplify Premium Membership’ which provides benefits to the member on an annual basis including reduced listing fees, assistance with marketing, promotion and insurance. Premium membership fees are either charged on a monthly or annual basis. Premium membership revenue is recognised over the period of the membership being the period when the performance obligations are satisfied. Other services Revenue is recognised on the provision of other services to the customer as this is deemed to be the point in time where the performance obligations have been met and transfer of control have been completed. Excess reduction and insurance income The consolidated entity protects the owner against potential damage during any hire period and the owner in turn pays a fee to the consolidated entity. Insurance revenue comprises casual insurance fees and premium member on hire insurance. Mutual protection income comprises income from premium members paid for protection. Recoveries are derived when damage occurs on hire and the hirer is liable to contribute towards the damage. Excess reduction income is a fee hirers can opt to pay to reduce their contribution to damages, it is a fixed amount per day depending on the type of RV and the type of hire. Insurance revenue, mutual protection income and excess reductions are recognised over the booking period when the performance obligation for service is satisfied. Recovery revenue is recognised once all damages are settled with the owner. Note 6. Other income Consolidated 2026 2025 $ $ Net gain on disposal of property, plant and equipment 58,944 32,858 Other 23,991 145,681 Other income 82,935 178,539
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 38 Note 7. Expenses Consolidated 2026 2025 $ $ Loss before income tax includes the following specific expenses: Depreciation Leasehold improvements 121,130 125,943 Plant and equipment 182,615 167,796 Caravans and vehicles 79,111 21,680 Right-of-use assets 15,179 117,099 Total depreciation 398,035 432,518 Amortisation Client lists 670,076 929,175 Trademarks 3,499 4,198 Software 447,996 201,067 Domain names 2,072 3,109 Total amortisation 1,123,643 1,137,549 Total depreciation and amortisation 1,521,678 1,570,067 Finance costs Interest and finance charges paid/payable on lease liabilities 23,735 23,207 Superannuation expense Defined contribution superannuation expense 985,992 1,060,992 Share-based payments expense Share-based payments expense - 350,306 Employee benefits expense excluding superannuation and share-based payments Employee benefits expense excluding superannuation and share-based payments 11,448,608 14,649,054
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 39 Note 8. Income tax Consolidated 2026 2025 (Restated) $ $ Income tax benefit Current tax 159,060 (178,630) Deferred tax - origination and reversal of temporary differences (612,923) (1,199,285) Aggregate income tax benefit (453,863) (1,377,915) Deferred tax included in income tax benefit comprises: Increase in deferred tax assets (437,117) (1,264,588) Increase/(decrease) in deferred tax liabilities (175,806) 65,303 Deferred tax - origination and reversal of temporary differences (612,923) (1,199,285) Numerical reconciliation of income tax benefit and tax at the statutory rate Loss before income tax benefit (1,264,819) (17,918,749) Tax at the statutory tax rate of 25% (316,205) (4,247,512) Tax effect amounts which are not deductible/(taxable) in calculating taxable income: Utilisation of prior year unrecognised tax losses (131,561) (2,782,453) Sundry items 307,023 (38,946) (140,743) (7,068,911) Current year tax losses not recognised 536,816 5,772,630 Difference in overseas tax rates (849,936) (81,634) Income tax benefit (453,863) (1,377,915) Consolidated 2026 2025 $ $ Tax losses not recognised Unused tax losses for which no deferred tax asset has been recognised * 52,476,091 49,704,585 Potential tax benefit @ 25% 13,119,023 12,426,146 * The availability of the carried forward tax losses are subject to both the Australian and German loss recoupment tax provisions. Specific to Germany, Euro 12,830,839 of the carried forward tax loss balance is subject to the hidden reserves clause pursuant to Section 8c KStG. Specific to Australia, $1,257,644 of the carried forward tax losses balance is subject to the Similar Business Test provision pursuant to Section 165 of the Income Tax Assessment Act 1997. The above potential tax benefit for tax losses has not been recognised in the statement of financial position. These tax losses can only be utilised in the future if the continuity of ownership test is passed, or failing that, the same business test is passed.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 8. Income tax (continued) 40 Consolidated 2026 2025 (Restated) $ $ Deferred tax asset Deferred tax asset comprises temporary differences attributable to: Amounts recognised in profit or loss: Allowance for expected credit losses 663,042 478,526 Leases 71,261 1,324 Provisions and accruals 183,175 218,981 Other 1,528,057 1,309,587 Deferred tax asset 2,445,535 2,008,418 Movements: Opening balance 2,008,418 743,830 Credited to profit or loss 437,117 1,264,588 Closing balance 2,445,535 2,008,418 Consolidated 2026 2025 $ $ Deferred tax liability Deferred tax liability comprises temporary differences attributable to: Amounts recognised in profit or loss: Client lists 1,195,878 1,369,716 Brand name 2,438,750 2,438,750 Other 340,852 342,820 Deferred tax liability 3,975,480 4,151,286 Movements: Opening balance 4,151,286 4,085,983 (Credited)/charged to profit or loss (175,806) 65,303 Closing balance 3,975,480 4,151,286
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 41 Note 9. Trade and other receivables Consolidated 2026 2025 $ $ Current assets Trade receivables 13,831,060 14,458,315 Less: Allowance for expected credit losses (2,609,881) (2,745,845) 11,221,179 11,712,470 Other receivables 95,411 178,597 Commissions receivable 11,872 816,414 107,283 995,011 11,328,462 12,707,481 Allowance for expected credit losses The consolidated entity has recognised a loss of $79,273 (2025: $1,668,929) in profit or loss in respect of the expected credit losses for the year ended 30 June 2026. The ageing of the receivables and allowance for expected credit losses provided for above are as follows: Expected credit loss rate Carrying amount Allowance for expected credit losses 2026 2025 2026 2025 2026 2025 Consolidated % % $ $ $ $ Not overdue 11,278,337 10,794,492 0 to 1 months overdue 544,602 123,262 1 to 2 months overdue 131,091 27,123 2 to 3 months overdue 81,169 56,565 Over 3 months overdue 98% 79% 2,671,363 3,456,873 2,609,881 2,745,845 Total 14,706,562 14,458,315 2,609,881 2,745,845 Movements in the allowance for expected credit losses are as follows: Consolidated 2026 2025 $ $ Opening balance 2,745,845 1,185,515 Additional provisions recognised 79,273 1,668,929 Receivables written off during the year as uncollectable (215,237) (108,599) Closing balance 2,609,881 2,745,845 Accounting policy for trade and other receivables Trade receivables are initially recognised at fair value and subsequently measured at amortised cost using the effective interest method, less any allowance for expected credit losses. Trade receivables are generally due for settlement within 30 days. The consolidated entity has applied the simplified approach to measuring expected credit losses, which uses a lifetime expected loss allowance. To measure the expected credit losses, trade receivables have been grouped based on days overdue. Other receivables are recognised at amortised cost, less any allowance for expected credit losses.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 42 Note 10. Other assets Consolidated 2026 2025 $ $ Current assets Prepayments 519,977 1,117,969 Rental bonds 20,213 74,711 Security deposits 753,165 1,068,727 Other deposits - 8,857 1,293,355 2,270,264 Note 11. Property, plant and equipment Consolidated 2026 2025 $ $ Non-current assets Leasehold improvements - at cost 893,627 909,249 Less: Accumulated depreciation (478,500) (361,417) 415,127 547,832 Plant and equipment - at cost 981,932 1,029,525 Less: Accumulated depreciation (777,243) (620,255) 204,689 409,270 Caravans and vehicles - at cost 632,159 680,577 Less: Accumulated depreciation (304,468) (234,684) 327,691 445,893 947,507 1,402,995 Reconciliations Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below: Leasehold improvement s Plant and equipment Caravans and vehicles Total Consolidated $ $ $ $ Balance at 1 July 2024 543,673 530,872 239,833 1,314,378 Additions 130,102 46,194 227,740 404,036 Depreciation expense (125,943) (167,796) (21,680) (315,419) Balance at 30 June 2025 547,832 409,270 445,893 1,402,995 Additions - 3,325 - 3,325 Exchange differences (5,129) (12,084) - (17,213) Write off of assets (6,446) (13,207) (39,091) (58,744) Depreciation expense (121,130) (182,615) (79,111) (382,856) Balance at 30 June 2026 415,127 204,689 327,691 947,507 Accounting policy for property, plant and equipment Plant and equipment is stated at historical cost less accumulated depreciation and impairment. Historical cost includes expenditure that is directly attributable to the acquisition of the items.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 11. Property, plant and equipment (continued) 43 Depreciation is calculated on a straight-line basis to write off the net cost of each item of property, plant and equipment (excluding land) over their expected useful lives as follows: Leasehold improvements shorter of the unexpired period of the lease or the estimated useful life Plant and equipment 10% - 50% Caravans and vehicles 12.5% The residual values, useful lives and depreciation methods are reviewed, and adjusted if appropriate, at each reporting date. Leasehold improvements are depreciated over the unexpired period of the lease or the estimated useful life of the assets, whichever is shorter. An item of property, plant and equipment is derecognised upon disposal or when there is no future economic benefit to the consolidated entity. Gains and losses between the carrying amount and the disposal proceeds are taken to profit or loss. Note 12. Intangibles Consolidated 2026 2025 $ $ Non-current assets Goodwill - at cost 33,950,508 34,653,809 Client lists - at cost 8,120,903 8,120,903 Less: Accumulated amortisation (2,355,878) (1,685,802) Less: Impairment (1,047,856) (1,047,856) 4,717,169 5,387,245 Trademarks - at cost 40,565 40,565 Less: Accumulated amortisation (29,695) (26,196) 10,870 14,369 Software - at cost 2,000,793 2,000,793 Less: Accumulated amortisation (2,000,793) (1,465,545) - 535,248 Domain names - at cost 15,542 15,542 Less: Accumulated amortisation (15,542) (13,470) - 2,072 Brand name - at cost 9,755,000 9,755,000 48,433,547 50,347,743
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 12. Intangibles (continued) 44 Reconciliations Reconciliations of the written down values at the beginning and end of the current and previous financial year are set out below: Goodwill Client lists Trade- marks Software Domain names Brand name Total Consolidated $ $ $ $ $ $ $ Balance at 1 July 2024 40,599,556 6,303,826 18,567 523,082 5,181 9,755,000 57,205,212 Additions - - - 213,233 - - 213,233 Exchange differences 90,253 12,594 - - - - 102,847 Impairment of assets (6,036,000) - - - - - (6,036,000) Amortisation expense - (929,175) (4,198) (201,067) (3,109) - (1,137,549) Balance at 30 June 2025 34,653,809 5,387,245 14,369 535,248 2,072 9,755,000 50,347,743 Exchange differences (703,301) - - (87,252) - - (790,553) Amortisation expense - (670,076) (3,499) (447,996) (2,072) - (1,123,643) Balance at 30 June 2026 33,950,508 4,717,169 10,870 - - 9,755,000 48,433,547 Impairment Testing of Goodwill and Indefinite Life Intangibles Goodwill and indefinite life intangible assets are allocated to the Group’s Cash-Generating Units (CGUs) and tested annually for impairment, or more frequently if there is an indication of impairment. The consolidated entity has defined its CGUs to align with its two primary business streams: the Marketplace CGU (generating transactional revenue from hirers) and the Membership CGU (generating recurring revenue from RV owners). While the streams are operationally connected, their cash inflows, derived from different customers and revenue models, are considered largely independent for the purposes of AASB 136. This two-CGU structure represents the lowest level at which the Group’s operations are monitored for internal management purposes. Impairment The recoverable amount of the consolidated entity’s goodwill and brand name has been determined by a value-in-use calculation using a discounted cash flow model, based on a 1 year projection period approved by the director and extrapolated for a further 4 years using variable rates, together with a terminal value. No impairment was identified for the CGUs. Goodwill is monitored by management at the following level: Consolidated 2026 2025 $ $ Marketplace Business 33,950,508 34,653,809 Key assumptions are those to which the recoverable amount of an asset or CGU's is most sensitive. Key assumptions in the discounted cashflow model (measured by value-in-use) include:
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 12. Intangibles (continued) 45 Consolidated 2026 2025 % % Weighted average cost of capital Marketplace 13.8% 13.0% Membership 13.8% 13.0% Revenue growth - Marketplace FY2026 3.0% FY2027 4.0% 9.0% FY2028 4.0% 4.0% FY2029 3.0% 3.0% FY2030 2.0% Fleet growth - Membership FY2026 2.0% FY2027 2.0% 3.0% FY2028 3.0% 2.0% FY2029 2.0% 1.0% FY2030 1.0% Expense growth FY2027 - FY2030 2.5% Expense growth FY2026 - FY2029 2.4% Sensitivity to change of assumptions: Increases in discount rates or changes in other key assumptions, may cause the recoverable amount to fall below carrying values. The key sensitivity is that revenue would need to fall by more than 4.5% before the CGU would be impaired, with all other assumptions remaining constant. Accounting policy for intangible assets Intangible assets acquired as part of a business combination, other than goodwill, are initially measured at their fair value at the date of the acquisition. Intangible assets acquired separately are initially recognised at cost. Indefinite life intangible assets are not amortised and are subsequently measured at cost less any impairment. Finite life intangible assets are subsequently measured at cost less amortisation and any impairment. The gains or losses recognised in profit or loss arising from the derecognition of intangible assets are measured as the difference between net disposal proceeds and the carrying amount of the intangible asset. The method and useful lives of finite life intangible assets are reviewed annually. Changes in the expected pattern of consumption or useful life are accounted for prospectively by changing the amortisation method or period. Goodwill Goodwill arises on the acquisition of a business. Goodwill is not amortised. Instead, goodwill is tested annually for impairment, or more frequently if events or changes in circumstances indicate that it might be impaired, and is carried at cost less accumulated impairment losses. Impairment losses on goodwill are taken to profit or loss and are not subsequently reversed. Client lists Client lists are amortised on a straight-line basis over the period of their expected benefit, being their finite life of 10 years. Trademarks and domain names Trademarks and domain names are identified and primarily recognised at the time of creation and recorded at their fair value, if their fair value can be measured reliably. These are amortised over the period of their expected benefit of 10 years. Expenditure incurred in maintaining trademarks and domain names are expensed in the period in which they are incurred. Software Significant costs associated with software are deferred and amortised on a straight-line basis over the period of their expected benefit, being their finite life of 5 years. Brand name The brand name acquired in a business combination is not amortised on the basis that it has an indefinite life. Management considers that the useful life of the brand name is indefinite because there is no foreseeable limit to the cash flows this asset can generate. This is reassessed every year. Instead, it is tested annually for impairment, or more frequently if events or changes in circumstances indicate that it might be impaired, and is carried at cost less accumulated impairment losses.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 46 Note 13. Trade and other payables Consolidated 2026 2025 (Restated) $ $ Current liabilities Trade payables 17,618,125 19,420,664 Payroll related accruals 32,632 34,104 GST payable 161,916 59,394 Insurance payables 3,770,023 4,294,870 21,582,696 23,809,032 Refer to note 19 for further information on financial instruments. Accounting policy for trade and other payables Trade payables represent liabilities for goods and services provided to the consolidated entity prior to the end of the financial year and which are unpaid. Due to their short-term nature they are measured at amortised cost and are not discounted. The amounts are unsecured and are usually paid within 30 days of recognition. Note 14. Contract liabilities Consolidated 2026 2025 $ $ Current liabilities Booking fees received in advance 5,897,127 6,774,698 Reconciliation Reconciliation of the written down values at the beginning and end of the current and previous financial year are set out below: Opening balance 6,774,698 7,175,183 Payments received in advance 14,068,717 24,297,596 Transfer to revenue - performance obligations satisfied in previous periods (14,946,288) (24,698,081) Closing balance 5,897,127 6,774,698 Unsatisfied performance obligations The aggregate amount of the transaction price allocated to the performance obligations that are unsatisfied at the end of the reporting period was $3,554,790 as at 30 June 2026 (30 June 2025: $6,505,707) and is expected to be recognised as revenue in future periods as follows: Consolidated 2026 2025 $ $ Within 6 months 3,169,985 5,489,887 6 to 12 months 369,284 998,109 12 to 18 months 14,505 17,711 18 to 24 months 1,016 - 3,554,790 6,505,707
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 14. Contract liabilities (continued) 47 Accounting policy for contract liabilities Contract liabilities represent the consolidated entity's obligation to transfer goods or services to a customer and are recognised when a customer pays consideration, or when the consolidated entity recognises a receivable to reflect its unconditional right to consideration (whichever is earlier) before the consolidated entity has transferred the goods or services to the customer. Note 15. Provisions Consolidated 2026 2025 $ $ Current liabilities Provision for claims 979,758 873,706 Provision for claims Provisions for claims represent estimated claims incurred but not settled at the reporting date. The estimate of the cost of claims includes direct expenses to be incurred in settling claims. Due to the nature of the discretionary cover provided, the liability from such claims is recognised once the claims are notified and approved by the Board. Accounting policy for provisions Provisions are recognised when the consolidated entity has a present (legal or constructive) obligation as a result of a past event, it is probable the consolidated entity will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting date, taking into account the risks and uncertainties surrounding the obligation. If the time value of money is material, provisions are discounted using a current pre-tax rate specific to the liability. The increase in the provision resulting from the passage of time is recognised as a finance cost. Note 16. Issued capital Consolidated 2026 2025 2026 2025 Shares Shares $ $ Ordinary shares - fully paid 82,225,401 71,500,349 88,417,795 85,118,436 Movements in ordinary share capital Details Date Shares Issue price $ Balance 1 July 2024 71,500,349 85,118,436 Balance 30 June 2025 71,500,349 85,118,436 Issue of shares to employees* 21 October 2025 271,959 $0.3242 88,169 Issue of shares 6 November 2025 10,453,093 $0.3072 3,211,190 Balance 30 June 2026 82,225,401 88,417,795 * Non-cash transaction. Refer to note 29 for further information. Ordinary shares Ordinary shares entitle the holder to participate in any dividends declared and any proceeds attributable to shareholders should the company be wound up, in proportions that consider both the number of shares held and the extent to which those shares are paid up. The fully paid ordinary shares have no par value and the Company does not have a limited amount of authorised capital. On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 16. Issued capital (continued) 48 Share buy-back There is no current on-market share buy-back. Capital risk management The consolidated entity's objectives when managing capital is to safeguard its ability to continue as a going concern, so that it can provide returns for shareholders and benefits for other stakeholders and to maintain an optimum capital structure to reduce the cost of capital. Capital is regarded as total equity, as recognised in the statement of financial position, plus net debt. Net debt is calculated as total borrowings less cash and cash equivalents. In order to maintain or adjust the capital structure, the consolidated entity may adjust the amount of dividends paid to shareholders, return capital to shareholders, issue new shares or sell assets to reduce debt. The consolidated entity would look to raise capital when an opportunity to invest in a business or company was seen as value adding relative to the current company's share price at the time of the investment. The consolidated entity is not actively pursuing additional investments in the short term as it continues to integrate and grow its existing businesses in order to maximise synergies. The capital risk management policy remains unchanged from the 2025 Annual Report. The consolidated entity monitors capital on the basis of the gearing ratio. This ratio is calculated as net debt divided by total capital. Net debt is calculated as total borrowings (including 'trade and other payables' and 'borrowings' as shown in the statement of financial position) less 'cash at bank' as shown in the statement of financial position. Total capital is calculated as 'total equity' as shown in the statement of financial position plus net debt. The gearing ratio at the reporting date was as follows: Consolidated 2026 2025 (Restated) $ $ Current liabilities - trade and other payables (note 13) 21,582,696 23,809,032 Current assets - cash at bank (10,044,429) (8,412,717) Net debt 11,538,267 15,396,315 Total equity 41,335,772 40,595,381 Total capital 52,874,039 55,991,696 Gearing ratio 22% 27% Note 17. Reserves Consolidated 2026 2025 $ $ Foreign currency reserve (2,284,033) (536,021) Share-based payments reserve - 333,323 (2,284,033) (202,698) Foreign currency reserve The reserve is used to recognise exchange differences arising from the translation of the financial statements of foreign operations to Australian dollars. It is also used to recognise gains and losses on hedges of the net investments in foreign operations.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 17. Reserves (continued) 49 Share-based payments reserve The reserve is used to recognise the value of equity benefits provided to executives and senior management as part of their remuneration, and other parties as part of their compensation for services. Movements in reserves Movements in each class of reserve during the current and previous financial year are set out below: Foreign currency Share-based payments Total Consolidated $ $ $ Balance at 1 July 2024 458,193 543,365 1,001,558 Foreign currency translation (994,214) - (994,214) Share-based payments - 350,306 350,306 Options lapsed - (560,348) (560,348) Balance at 30 June 2025 (536,021) 333,323 (202,698) Foreign currency translation (1,748,012) - (1,748,012) Transfer to retained earnings - (333,323) (333,323) Balance at 30 June 2026 (2,284,033) - (2,284,033) Note 18. Dividends There were no dividends paid, recommended or declared during the current or previous financial year. There are no franking credits available for subsequent financial years. Note 19. Financial instruments Financial risk management objectives The consolidated entity's activities expose it to a variety of financial risks: market risk (including foreign currency risk, price risk and interest rate risk), credit risk and liquidity risk. The consolidated entity's overall risk management program focuses on the unpredictability of financial markets and seeks to minimise potential adverse effects on the financial performance of the consolidated entity. The consolidated entity uses different methods to measure different types of risk to which it is exposed. These methods include sensitivity analysis in the case of foreign exchange risks, and ageing analysis for credit risk. Risk management is carried out by senior finance executives ('finance') under policies approved by the Board of Directors ('the Board'). These policies include identification and analysis of the risk exposure of the consolidated entity and appropriate procedures, controls and risk limits. Finance identifies, evaluates and hedges financial risks within the consolidated entity's operating units. Finance reports to the Board on a monthly basis. Market risk Foreign currency risk The consolidated entity undertakes certain transactions denominated in foreign currency and is exposed to foreign currency risk through foreign exchange rate fluctuations. Foreign exchange risk arises from future commercial transactions and recognised financial assets and financial liabilities denominated in a currency that is not the entity's functional currency. The risk is measured using sensitivity analysis and cash flow forecasting.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 19. Financial instruments (continued) 50 The carrying amount of the consolidated entity's foreign currency denominated financial assets and financial liabilities (in Australian dollars) at the reporting date were as follows: Assets Liabilities 2026 2025 2026 2025 Consolidated $ $ $ $ US dollars - 272 - 2,025 Euros 6,115,930 1,681,603 3,224,263 1,361,990 Pound Sterling 2,082,668 772,383 1,457,133 2,599,659 New Zealand dollars 3,701,902 59,894 2,206,144 3,696,142 11,900,500 2,514,152 6,887,540 7,659,816 The consolidated entity had net assets denominated in foreign currencies of $5,012,960 (assets of $11,900,500 less liabilities of $6,887,540) as at 30 June 2026 (30 June 2025: net liabilities of $5,145,664 (assets of $2,514,152 less liabilities of $7,659,816)). Based on this exposure, had the Australian dollar weakened by 10%/strengthened by 10% (2025: weakened by 10%/strengthened by 10%) against these foreign currencies with all other variables held constant, the consolidated entity's profit before tax for the year would have been $501,296 lower/$501,296 higher (2025: $385,772 lower/$385,772 higher) and equity would have been $501,296 lower/$501,296 higher (2025: $385,772 lower/$385,772 higher). The percentage change is the expected overall volatility of the significant currencies, which is based on management's assessment of reasonable possible fluctuations and the spot rate at each reporting date. The actual foreign exchange gain for the year ended 30 June 2026 was $989,054 (30 June 2025: $1,022,524). Price risk The consolidated entity is not exposed to any significant price risk. Interest rate risk The consolidated entity is not exposed to any significant interest rate risk. Credit risk Credit risk refers to the risk that a counterparty will default on its contractual obligations resulting in financial loss to the consolidated entity. The consolidated entity has a strict code of credit, including obtaining agency credit information, confirming references and setting appropriate credit limits. The consolidated entity obtains guarantees where appropriate to mitigate credit risk. The maximum exposure to credit risk at the reporting date to recognised financial assets is the carrying amount, net of any provisions for impairment of those assets, as disclosed in the statement of financial position and notes to the financial statements. The consolidated entity does not hold any collateral. The consolidated entity has adopted a lifetime expected loss allowance in estimating expected credit losses to trade receivables through the use of a provisions matrix using fixed rates of credit loss provisioning. These provisions are considered representative across all customers of the consolidated entity based on recent sales experience, historical collection rates and forward-looking information that is available. Generally, trade receivables are written off when there is no reasonable expectation of recovery. Indicators of this include the failure of a debtor to engage in a repayment plan, no active enforcement activity and a failure to make contractual payments for a period greater than 1 year. Liquidity risk Vigilant liquidity risk management requires the consolidated entity to maintain sufficient liquid assets (mainly cash and cash equivalents) and available borrowing facilities to be able to pay debts as and when they become due and payable. The consolidated entity manages liquidity risk by maintaining adequate cash reserves and available borrowing facilities by continuously monitoring actual and forecast cash flows and matching the maturity profiles of financial assets and liabilities. Financing arrangements The consolidated entity does not have any financing arrangements.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 19. Financial instruments (continued) 51 Remaining contractual maturities The following tables detail the consolidated entity's remaining contractual maturity for its financial instrument liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the financial liabilities are required to be paid. The tables include both interest and principal cash flows disclosed as remaining contractual maturities and therefore these totals may differ from their carrying amount in the statement of financial position. Weighted average interest rate 1 year or less Between 1 and 3 years Over 3 years Remaining contractual maturities Consolidated - 2026 % $ $ $ $ Non-derivatives Non-interest bearing Trade payables 21,582,696 - - 21,582,696 Interest-bearing - fixed rate Lease liability 7.39% 130,748 181,279 - 312,027 Total non-derivatives 21,713,444 181,279 - 21,894,723 Weighted average interest rate 1 year or less Between 1 and 3 years Over 3 years Remaining contractual maturities Consolidated - 2025 % $ $ $ $ Non-derivatives Non-interest bearing Trade payables (Restated) 23,809,032 - - 23,809,032 Interest-bearing - fixed rate Lease liability 7.39% 92,400 184,400 46,200 323,000 Total non-derivatives 23,901,432 184,400 46,200 24,132,032 The cash flows in the maturity analysis above are not expected to occur significantly earlier than contractually disclosed above. Fair value of financial instruments Unless otherwise stated, the carrying amounts of financial instruments reflect their fair value. Note 20. Key management personnel disclosures Compensation The aggregate compensation made to directors and other members of key management personnel of the consolidated entity is set out below: Consolidated 2026 2025 $ $ Short-term employee benefits 963,629 1,056,652 Post-employment benefits 88,767 76,038 Long-term benefits 14,421 13,430 Share-based payments 19,540 26,396 1,086,357 1,172,516
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 52 Note 21. Remuneration of auditors During the financial year the following fees were paid or payable for services provided by PKF (NS) Audit & Assurance Limited Partnership, the auditor of the company, and its network firms: Consolidated 2026 2025 $ $ Audit services - PKF (NS) Audit & Assurance Limited Partnership Audit or review of the financial statements 249,743 267,838 Other services - PKF International network firms Corporate finance services - 2,336 Note 22. Contingent liabilities A $624,000 contingency has been noted for policy performance related to loss-sharing provisions on European insurance contracts for calendar year 2025. Liabilities are projected to emerge from the claims portfolios 9 months following the close of the calendar year and may affect cash flows in 2027. Note 23. Related party transactions Parent entity Camplify Holdings Limited is the parent entity. Subsidiaries Interests in subsidiaries are set out in note 25. Key management personnel Disclosures relating to key management personnel are set out in note 20 and the remuneration report included in the directors' report. Transactions with related parties The following transactions occurred with directors and/or director-related entities: ● Justin Hales was invoiced $6,095 and paid $1,770 of that amount to the consolidated entity for club membership for RV vans owned by the Director; ● the consolidated entity withheld $1,923 in pay out from managed vans owned by director-related entity, JB Vans (related to Ping Xue L), as per agreement for the consolidated entity to keep all income for a period; ● the consolidated entity paid $13,246 to director-related entity, JB Group (related to Ping Xue L) for storage space for the consolidated entity's Rent-a-tent business; ● JB Group was billed $13,979 for wages for staff operating the managed services businesses for the consolidated entity; ● JB Group was billed $11,985 for advertising services provide by the consolidated entity; ● JB Group was billed $11,000 for sponsorship of an owners summit operated by the consolidated entity; ● the consolidated entity paid $1,073 to JB Group for repair works associated with the consolidated entity's member protection operations; and ● JB Group was billed $7,398 for signage and installation services (50% of what the consolidated entity paid) to Screen Signs. Receivable from and payable to related parties The following balances are outstanding at the reporting date in relation to transactions with related parties: Consolidated 2026 2025 $ $ Current payables: Trade payables - director-related entity - 14,414
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 23. Related party transactions (continued) 53 In the prior year, trade payables to director-related entities include $6,233 payable to Growth Wise Pty Ltd (a related party to former director Stephanie Hinds) and $8,181 payable to Five by Five Consulting (a related party of former director Trent Bagnall). Loans to/from related parties There were no loans to or from related parties at the current and previous reporting date. Terms and conditions All transactions were made on normal commercial terms and conditions and at market rates. Note 24. Parent entity information Set out below is the supplementary information about the parent entity. Statement of profit or loss and other comprehensive income Parent 2026 2025 $ $ Profit/(loss) after income tax 618,763 (2,705,248) Total comprehensive income/(loss) 618,763 (2,705,248) Statement of financial position Parent 2026 2025 $ $ Total current assets 2,352,195 500,491 Total assets 56,594,871 53,087,865 Total current liabilities 1,520,888 424,392 Total liabilities 1,788,212 463,327 Equity Issued capital 88,417,795 85,118,436 Share-based payments reserve 333,323 333,323 Accumulated losses (33,944,459) (32,827,221) Total equity 54,806,659 52,624,538 Guarantees entered into by the parent entity in relation to the debts of its subsidiaries The parent entity had no guarantees in relation to the debts of its subsidiaries as at 30 June 2026 and 30 June 2025. Contingent liabilities The parent entity had no contingent liabilities as at 30 June 2026 and 30 June 2025. Capital commitments - Property, plant and equipment The parent entity had no capital commitments for property, plant and equipment as at 30 June 2026 and 30 June 2025. Material accounting policy information The accounting policies of the parent entity are consistent with those of the consolidated entity, as disclosed in note 1, except for the following: ● Investments in subsidiaries are accounted for at cost, less any impairment, in the parent entity.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 54 Note 25. Interests in subsidiaries The consolidated financial statements incorporate the assets, liabilities and results of the following subsidiaries in accordance with the accounting policy described in note 1: Ownership interest Principal place of business / 2026 2025 Name Country of incorporation % % Camplify Co (Australia) Pty Ltd Australia 100% 100% Camplify Co (NZ) Limited New Zealand 100% 100% Camplify Co (UK) Limited United Kingdom 100% 100% Plataforma Camplify Espana, S.L Spain 100% 100% PaulCamper GmbH Germany 100% 100% MyWay Insurance Europe GmbH Germany 100% 100% PaulCamper Limited United Kingdom 100% 100% MyWay Protection Pty Ltd Australia 100% 100% Camplify Co (Portugal) Unipessoal Lda Portugal 100% 100% MyWay Insurance Holdings Pty Ltd Australia 100% 100% MyWay Mutual Holdings Limited * Australia - - Tangerine PCC Limited MyWay Cell * Guernsey - - Windward Insurance PCC Limited MyWay Cell * Guernsey - - * Although no shares are held, these entities are controlled by the consolidated entity. Note 26. Events after the reporting period No matter or circumstance has arisen since 30 June 2026 that has significantly affected, or may significantly affect the consolidated entity's operations, the results of those operations, or the consolidated entity's state of affairs in future financial years.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 55 Note 27. Cash flow information Reconciliation of loss after income tax to net cash used in operating activities Consolidated 2026 2025 (Restated) $ $ Loss after income tax benefit for the year (810,956) (16,540,834) Adjustments for: Depreciation and amortisation 1,521,678 1,570,067 Impairment - 6,036,000 Write off of non-current assets 62,570 - Share-based payments - (210,042) Net gain on disposal of non-current assets (58,944) (32,858) Change in operating assets and liabilities: Decrease in trade and other receivables 1,379,019 8,168,116 Decrease in inventories 3,116 307,493 Increase in income tax refund due (27,237) - Increase in deferred tax assets (437,117) (1,264,588) Decrease in prepayments 597,992 73,890 Decrease/(increase) in other operating assets 324,419 (1,077,584) Decrease in trade and other payables (2,665,059) (1,346,642) Decrease in contract liabilities (877,571) (400,485) Decrease in provision for income tax (50,702) (172,530) (Decrease)/increase in deferred tax liabilities (175,806) 65,303 Decrease in employee benefits (140,368) (157,526) Increase in other provisions 106,052 455,086 Net cash used in operating activities (1,248,914) (4,527,134) Non-cash investing and financing activities Consolidated 2026 2025 $ $ Additions to the right-of-use assets - 237,017 Changes in liabilities arising from financing activities Chattel mortgages Lease liabilities Total Consolidated $ $ $ Balance at 1 July 2024 58,536 187,557 246,093 Net cash used in financing activities (58,536) (135,473) (194,009) Acquisition of leases - 237,017 237,017 Balance at 30 June 2025 - 289,101 289,101 Net cash used in financing activities - (98,537) (98,537) Acquisition of leases - - - Other changes - 94,478 94,478 Balance at 30 June 2026 - 285,042 285,042
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 56 Note 28. Earnings per share Consolidated 2026 2025 (Restated) $ $ Loss after income tax attributable to the owners of Camplify Holdings Limited (810,956) (16,540,834) Number Number Weighted average number of ordinary shares used in calculating basic earnings per share 82,225,401 71,500,349 Weighted average number of ordinary shares used in calculating diluted earnings per share 82,225,401 71,500,349 Cents Cents (Restated) Basic earnings per share (1.0) (23.1) Diluted earnings per share (1.0) (23.1) Share options are considered to be potential ordinary shares but were anti-dilutive in nature for the current and prior financial year and were not included in the calculation of diluted earnings per share. These options could potentially dilute basic earnings per share in the future. Note 29. Share-based payments Share option plan A share option plan has been established by the consolidated entity and approved by shareholders at a general meeting, whereby the consolidated entity may, at the discretion of the directors, grant options over ordinary shares in the company to certain key management personnel or senior staff of the consolidated entity. The options are issued for nil consideration and are granted in accordance with performance guidelines established by the terms of the employee share option plan. The options expire if the option holder ceases to be employed or contracted by the consolidated entity. Set out below are summaries of options granted under the plan: There are no share options in place for 2026. 2025 Balance at Expired/ Balance at Exercise the start of forfeited/ the end of Grant date Expiry date price the year Granted Exercised other the year 23/12/2020 23/12/2024 $0.7560 2,025,470 - - (2,025,470) - 2,025,470 - - (2,025,470) - Weighted average exercise price $0.7600 $0.0000 $0.0000 $0.0000 $0.0000 Set out below is a summary of options granted under the LTIP during the years ended 30 June 2026 and 30 June 2025:
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 29. Share-based payments (continued) 57 2026 Balance at Expired/ Balance at Exercise the start of forfeited/ the end of Grant date Expiry date price the year Granted Exercised other the year 28/09/2023 31/08/2025 $1.70 182,648 - - (182,648) - 28/09/2023 31/08/2026 $1.66 412,109 - - (412,109) - 19/03/2024 31/08/2025 $1.70 66,176 - - (66,176) - 19/03/2024 31/08/2026 $1.66 101,658 - - - 101,658 762,591 - - (660,933) 101,658 Weighted average exercise price $1.67 $0.00 $0.00 $1.67 $1.66 2025 Balance at Expired/ Balance at Exercise the start of forfeited/ the end of Grant date Expiry date price the year Granted Exercised other the year 28/09/2023 28/09/2024 $1.42 157,043 - - (157,043) - 28/09/2023 31/08/2025 $1.70 182,648 - - - 182,648 28/09/2023 31/08/2026 $1.66 412,109 - - - 412,109 19/03/2024 19/03/2025 $1.42 79,225 - - (79,225) - 19/03/2024 31/08/2025 $1.70 66,176 - - - 66,176 19/03/2024 31/08/2026 $1.66 101,658 - - - 101,658 998,859 - - (236,268) 762,591 Weighted average exercise price $1.61 $0.00 $0.00 $0.00 $1.61 The weighted average remaining contractual life of options outstanding at the end of the financial year was 0.2 years (2025: 0.8 years). Employee Share Scheme A 3% employee share scheme has been established by the consolidated entity and approved by the shareholders, whereby the consolidated entity may, at the discretion of the directors, grant ordinary shares in the company to employees of the consolidated entity. The ordinary shares are issued for nil consideration and are granted in accordance with guidelines established by the terms of the 3% employee share scheme. Eligible employees must have been employed for more than 6 months at the end of a reporting period. During the year 271,959 shares were issued and allocated to employees under the employee share scheme at a cost of $nil. A further 430,089 shares were purchased on-market at a cost of $113,947. Expenses arising from share-based payment transactions The total expense arising from share-based payment transactions recognised during the period as part of employee benefits expense was $nil (2025: $350,306). Accounting policy for share-based payments Equity-settled share-based compensation benefits are provided to employees. Equity-settled transactions are awards of shares, or options over shares, that are provided to employees in exchange for the rendering of services. Cash-settled transactions are awards of cash for the exchange of services, where the amount of cash is determined by reference to the share price.
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Camplify Holdings Limited Notes to the financial statements 30 June 2026 Note 29. Share-based payments (continued) 58 The cost of equity-settled transactions are measured at fair value on grant date. Fair value is independently determined using either the Binomial or Black-Scholes option pricing model that takes into account the exercise price, the term of the option, the impact of dilution, the share price at grant date and expected price volatility of the underlying share, the expected dividend yield and the risk free interest rate for the term of the option, together with non-vesting conditions that do not determine whether the consolidated entity receives the services that entitle the employees to receive payment. No account is taken of any other vesting conditions. The cost of equity-settled transactions are recognised as an expense with a corresponding increase in equity over the vesting period. The cumulative charge to profit or loss is calculated based on the grant date fair value of the award, the best estimate of the number of awards that are likely to vest and the expired portion of the vesting period. The amount recognised in profit or loss for the period is the cumulative amount calculated at each reporting date less amounts already recognised in previous periods. Market conditions are taken into consideration in determining fair value. Therefore any awards subject to market conditions are considered to vest irrespective of whether or not that market condition has been met, provided all other conditions are satisfied. If equity-settled awards are modified, as a minimum an expense is recognised as if the modification has not been made. An additional expense is recognised, over the remaining vesting period, for any modification that increases the total fair value of the share-based compensation benefit as at the date of modification. If the non-vesting condition is within the control of the consolidated entity or employee, the failure to satisfy the condition is treated as a cancellation. If the condition is not within the control of the consolidated entity or employee and is not satisfied during the vesting period, any remaining expense for the award is recognised over the remaining vesting period, unless the award is forfeited. If equity-settled awards are cancelled, it is treated as if it has vested on the date of cancellation, and any remaining expense is recognised immediately. If a new replacement award is substituted for the cancelled award, the cancelled and new award is treated as if they were a modification.
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Camplify Holdings Limited Consolidated entity disclosure statement As at 30 June 2026 59 Place formed / Ownership interest Entity name Entity type Country of incorporation % Tax residency Camplify Holdings Limited (parent entity) Body Corporate Australia Australia Camplify Co (Australia) Pty Ltd Body Corporate Australia 100% Australia Camplify Co (NZ) Limited Body Corporate New Zealand 100% New Zealand Camplify Co (UK) Limited Body Corporate United Kingdom 100% United Kingdom Plataforma Camplify Espana, S.L Body Corporate Spain 100% Spain PaulCamper GmbH Body Corporate Germany 100% Germany MyWay Insurance Europe GmbH Body Corporate Germany 100% Germany PaulCamper Limited Body Corporate United Kingdom 100% United Kingdom MyWay Protection Pty Ltd Body Corporate Australia 100% Australia Camplify Co (Portugal) Unipessoal Lda Body Corporate Portugal 100% Portugal MyWay Insurance Holdings Pty Ltd Body Corporate Australia 100% Australia MyWay Mutual Holdings Limited Body Corporate Australia - Australia Tangerine PCC Limited MyWay Cell Body Corporate Guernsey - Guernsey Windward Insurance PCC Limited MyWay Cell Body Corporate Guernsey - Guernsey
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Camplify Holdings Limited Directors' declaration 30 June 2026 60 In the directors' opinion: ● the attached financial statements and notes comply with the Corporations Act 2001, the Accounting Standards, the Corporations Regulations 2001 and other mandatory professional reporting requirements; ● the attached financial statements and notes comply with International Financial Reporting Standards Accounting Standards as issued by the International Accounting Standards Board as described in note 1 to the financial statements; ● the attached financial statements and notes give a true and fair view of the consolidated entity's financial position as at 30 June 2026 and of its performance for the financial year ended on that date; ● there are reasonable grounds to believe that the company will be able to pay its debts as and when they become due and payable; and ● the information disclosed in the attached consolidated entity disclosure statement is true and correct. The directors have been given the declarations required by section 295A of the Corporations Act 2001. Signed in accordance with a resolution of directors made pursuant to section 295(5)(a) of the Corporations Act 2001. On behalf of the directors ___________________________ ___________________________ Andrew McEvoy Justin Hales Chairman Managing Director 25 August 2026 Newcastle
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Camplify Holdings Limited Shareholder information 30 June 2026 66 The shareholder information set out below was applicable as at 1 August 2026. Distribution of equitable securities Analysis of number of equitable security holders by size of holding: Ordinary shares % of total Number shares of holders issued 1 to 1,000 782 0.45 1,001 to 5,000 741 2.33 5,001 to 10,000 167 1.56 10,001 to 100,000 321 11.83 100,001 and over 74 83.83 2,085 100.00 Holding less than a marketable parcel 1,167 Equity security holders Twenty largest quoted equity security holders The names of the twenty largest security holders of quoted equity securities are listed below: Ordinary shares % of total Number held shares issued 1 JB GROUP TECH PTY LTD 10,453,093 12.70% 2 BOND STREET CUSTODIANS LIMITED <SALTER - D79836 A/C> 8,849,576 10.75% 3 JB GROUP TECH PTY LTD <JB GROUP TECH A/C> 6,466,762 7.86% 4 THE HALES BOUGHT A FARM FUND PTY LTD <THE HALES BOUGHT A FARM FUND A/C> 5,519,110 6.70% 5 BBFEHSE GMBH 4,108,251 4.99% 6 MS SHUO HOU 2,739,044 3.33% 7 BOND STREET CUSTODIANS LIMITED <RSALTE - D62375 A/C> 2,032,278 2.47% 8 BOND STREET CUSTODIANS LIMITED <RSALTE - V39117 A/C> 2,000,000 2.43% 9 CITICORP NOMINEES PTY LIMITED 1,852,203 2.25% 10 MAIRDUMONT VENTURES GMBH 1,392,117 1.69% 11 JBLP INVESTMENT P/L <JBLP INVESTMENT A/C A/C> 1,098,438 1.33% 12 WHP INVESTMENT PTY LTD <WHP INVESTMENT FAMILY A/C> 1,000,000 1.21% 12 BOND STREET CUSTODIANS LIMITED <RSALTE - V38491 A/C> 1,000,000 1.21% 12 BOND STREET CUSTODIANS LIMITED <RSALTE - V37466 A/C> 1,000,000 1.21% 13 JB GROUP TECH PTY LTD <JB GROUP TECH A/C> 903,494 1.10% 14 NEWECONOMY COM AU NOMINEES PTY LIMITED <900 ACCOUNT> 866,072 1.05% 15 FRANZISKA SCHULZ 750,291 0.91% 16 FINCLEAR SERVICES PTY LTD <SUPERHERO SECURITIES A/C> 731,789 0.89% 17 WONDERFUL TONIGHT PTY LTD <ROLLERCOASTER SUPER FUND A/C> 700,000 0.85% 17 JJNA NO 2 PTY LTD 700,000 0.85% 18 BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT> 622,860 0.76% 19 BOND STREET CUSTODIANS LIMITED <AGSK - D65803 A/C> 611,584 0.74% 20 ARAMANC PTY LTD <ARAMANC A/C> 581,387 0.71% 55,978,349
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Camplify Holdings Limited Shareholder information 30 June 2026 67 Unquoted equity securities Number Number on issue of holders Unlisted Options expiring on 31/08/2026, with strike price at $1.66 101,658 9 The following person holds 20% or more of unquoted equity securities: Name Class Number held Justin Hales Options over ordinary shares issued 101,658 Substantial holders Substantial holders in the company are set out below: Ordinary shares % of total shares Number held issued JB GROUP TECH PTY LTD 17,264,482 21.00 Salter Brothers Emerging Companies Limited 8,849,576 10.76 THE HALES BOUGHT A FARM FUND PTY LTD <THE HALES BOUGHT A FARM FUND A/C> 5,788,339 7.04 Voting rights The voting rights attached to ordinary shares are set out below: Ordinary shares On a show of hands every member present at a meeting in person or by proxy shall have one vote and upon a poll each share shall have one vote. There are no other classes of equity securities.