Interim report
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SOFTLOGIC HOLDINGS PLC INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2025
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Softlogic Holdings PLC CONSOLIDATED INCOME STATEMENT In Rs. '000 Un-audited 6 months to 30-09-2025 Un-audited 6 months to 30-09-2024 Change as a % Un-audited 3 months to 30-09-2025 Un-audited 3 months to 30-09-2024 Change as a % Un-audited 12 months to 31-03-2025 Continuing operations Revenue from contract with customers 41,074,921 34,057,844 21 20,286,661 17,022,745 19 71,659,873 Revenue from insurance contracts 18,706,790 13,493,319 39 9,689,780 6,770,903 43 30,842,349 Interest income 488,830 681,393 (28) 252,618 312,989 (19) 1,199,635 Total revenue 60,270,541 48,232,556 25 30,229,059 24,106,637 25 103,701,857 Cost of sales (39,565,105) (31,821,936) 24 (19,738,308) (15,839,975) 25 (66,010,976) Gross profit 20,705,436 16,410,620 26 10,490,751 8,266,662 27 37,690,881 Other operating income 924,320 623,801 48 549,492 366,048 50 1,195,957 Distribution expenses (2,078,289) (1,814,466) 15 (1,064,007) (926,629) 15 (4,137,927) Administrative expenses (15,167,559) (13,946,830) 9 (7,960,057) (6,893,017) 15 (27,237,488) Results from operating activities 4,383,908 1,273,125 244 2,016,179 813,064 148 7,511,423 Finance income 3,857,918 5,694,132 (32) 1,660,266 2,683,924 (38) 9,121,791 Finance expenses (6,753,530) (8,144,684) (17) (3,323,445) (4,321,216) (23) (16,068,490) Net finance cost (2,895,612) (2,450,552) 18 (1,663,179) (1,637,292) 2 (6,946,699) Change in fair value of investment property - - - - - - (780,000) Share of profit of equity accounted investees 2,724 2,191 24 - 1,259 (100) 17,137 Change in insurance contract liabilities (2,886,027) (2,554,038) 13 (955,693) (1,178,189) (19) (6,094,342) Profit/ (loss) before tax (1,395,007) (3,729,274) (63) (602,693) (2,001,158) (70) (6,292,481) Tax expense (1,764,109) (2,350,598) (25) (883,401) (1,457,210) (39) (3,028,250) Loss for the period (3,159,116) (6,079,872) (48) (1,486,094) (3,458,368) (57) (9,320,731) Attributable to: Equity holders of the parent (5,101,191) (7,737,739) (34) (2,793,337) (4,181,247) (33) (13,281,586) Non-controlling interest 1,942,075 1,657,867 17 1,307,243 722,879 81 3,960,855 (3,159,116) (6,079,872) (48) (1,486,094) (3,458,368) (57) (9,320,731) Loss per share Basic - Rs. (3.66) (6.34) (42) (2.00) (3.35) (40) (10.16) Earnings Before Interest, Tax, Depreciation & Amortisation of Intangible Assets (EBITDA) 6,243,796 3,322,944 88 2,906,248 1,784,479 63 11,398,035 Note : Figures in brackets indicate deductions. The above figures are not audited unless otherwise stated. -1-
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Softlogic Holdings PLC CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME In Rs. '000 Un-audited 6 months to 30-09-2025 Un-audited 6 months to 30-09-2024 Change as a % Un-audited 3 months to 30-09-2025 Un-audited 3 months to 30-09-2024 Change as a % Un-audited 12 months to 31-03-2025 Loss for the period (3,159,116) (6,079,872) (48) (1,486,094) (3,458,368) (57) (9,320,731) Other comprehensive income Continuing operations Other comprehensive income to be reclassified to income statement in subsequent periods Currency translation of foreign operations (8,053) (3,484) 131 (5,174) (4,731) 9 2,946 Net change in fair value on derivative financial instruments (80,524) 116,013 (169) 6,759 288,917 (98) 723,559 Net profit/ (loss) on financial instruments at fair value through other comprehensive income 161,134 107,131 50 (193,852) 98,939 (296) (541,406) Net other comprehensive loss to be reclassified to income statement in subsequent periods 72,557 219,660 (67) (192,267) 383,125 (150) 185,099 Other comprehensive income not to be reclassified to income statement in subsequent periods Revaluation of land and buildings - - - - - - 1,242,094 Re-measurement gain on employee benefit liabilities - - - - - - (73,562) Share of other comprehensive income of equity accounted investments (net of tax) - - - - - - - Net profit/ (loss) on equity instruments at fair value through other comprehensive income 620,732 409,136 52 160,972 (53,261) (402) 1,414,118 Tax on other comprehensive income not to be reclassified to income statement in subsequent periods - - - - - - (292,122) Net other comprehensive income/ (loss) not to be reclassified to income statement in subsequent periods 620,732 409,136 52 160,972 (53,261) (402) 2,290,528 Other comprehensive income/ (loss) from continuing operations for the period, net of tax 693,289 628,796 10 (31,295) 329,864 (109) 2,475,627 Total comprehensive income loss for the period, net of tax (2,465,827) (5,451,076) (55) (1,517,389) (3,128,504) (51) (6,845,104) Attributable to: Equity holders of the parent (4,876,509) (7,412,743) (34) (2,804,930) (3,873,433) (28) (11,815,137) Non-controlling interest 2,410,682 1,961,667 23 1,287,541 744,929 73 4,970,033 (2,465,827) (5,451,076) (55) (1,517,389) (3,128,504) (51) (6,845,104) Note : Figures in brackets indicate deductions. The above figures are not audited unless otherwise stated. -2-
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Softlogic Holdings PLC CONSOLIDATED STATEMENT OF FINANCIAL POSITION In Rs. '000 Un-audited as at 30-09-2025 Un-audited as at 30-09-2024 Un-audited as at 31-03-2025 ASSETS Non-current assets Property, plant and equipment 60,665,591 59,718,104 61,395,108 Right of use assets 7,413,018 6,999,980 7,359,562 Investment property 231,700 2,288,637 1,508,637 Intangible assets 7,722,768 7,810,491 7,694,312 Investments in equity accounted investments - 22,204 13,149 Non-current financial assets 38,965,601 28,772,588 32,104,152 Rental receivable on lease assets and hire purchase 515,416 2,094,221 1,049,363 Other non-current assets 18,208,985 16,652,189 17,987,084 Deferred tax assets 4,986,692 3,402,157 4,462,973 138,709,771 127,760,571 133,574,340 Current assets Inventories 8,386,581 8,416,328 8,170,422 Trade and other receivables 11,564,797 7,247,559 9,861,036 Loans and advances 3,845,310 3,534,195 3,731,223 Rental receivable on lease assets and hire purchase 435,988 378,664 436,152 Amounts due from related parties 99,225 100,795 102,825 Other current assets 7,986,523 8,002,093 7,335,258 Short term investments 19,636,608 14,713,830 13,325,965 Cash in hand and at bank 5,590,717 4,310,954 5,283,909 57,545,749 46,704,418 48,246,790 Total assets 196,255,520 174,464,989 181,821,130 EQUITY AND LIABILITIES Equity attributable to equity holders of the parent Stated capital 14,146,382 14,146,383 14,146,382 Revenue reserves (87,075,383) (77,441,597) (82,517,419) Other components of equity 10,456,216 9,635,485 10,774,761 (62,472,785) (53,659,729) (57,596,276) Non-controlling interests 20,344,753 16,327,250 18,754,200 Total equity (42,128,032) (37,332,479) (38,842,076) Non-current liabilities Insurance contract liabilities 45,854,627 30,313,169 33,671,064 Interest bearing borrowings 57,280,574 49,891,782 53,108,713 Lease liabilities 6,235,859 5,493,434 6,000,139 Public deposits 1,574,808 1,862,473 1,892,855 Deferred tax liabilities 8,354,445 7,965,014 8,269,496 Employee benefit liabilities 2,371,601 2,132,768 2,328,993 Other deferred liabilities 61,839 46,600 21,914 Other non-current financial liabilities 616,913 729,707 629,000 122,350,666 98,434,947 105,922,174 Current liabilities Trade and other payables 34,518,534 24,664,791 31,732,600 Amounts due to related parties 1,992 28,919 11,991 Income tax liabilities 3,425,951 3,010,560 3,481,917 Other current financial liabilities 39,993,215 45,643,395 41,808,298 Current portion of interest bearing borrowings 15,058,562 17,688,964 17,523,379 Current portion of lease liabilities 1,467,148 1,755,462 1,414,823 Other current liabilities 9,397,150 7,400,740 6,817,285 Public deposits 1,711,960 2,745,675 2,380,177 Bank overdrafts 10,458,374 10,424,015 9,570,562 116,032,886 113,362,521 114,741,032 Total equity and liabilities 196,255,520 174,464,989 181,821,130 I certify that the financial statements comply with the requirements of the Companies Act No. 7 of 2007. -sgd - C K Amarasekara Head of Finance The Board of directors is responsible for the preparation and presentation of these financial statements. -sgd - -sgd - A K Pathirage H K Kaimal Chairman Director 17 November 2025 Colombo 3
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Softlogic Holdings PLC CONSOLIDATED STATEMENT OF CHANGES IN EQUITY GROUP In Rs. '000 Stated capital Restricted regulatory reserve Non- distributable regulatory loss allowance reserve Revaluation reserve Foreign currency translation reserve Fair value reserve of financial assets at FVOCI Statutory reserve fund Other reserves Cash flow hedge reserve Revenue reserve Total As at 01 April 2025 14,146,382 309,613 705,309 13,817,073 (127,504) (651,552) 263,436 (1,163,917) (2,377,697) (82,517,419) (57,596,276) 18,754,200 (38,842,076) Profit/ (loss) for the period - - - - - - - - - (5,101,191) (5,101,191) 1,942,075 (3,159,116) Other Comprehensive income/ (loss) - - - - (8,053) 313,192 - - (80,457) - 224,682 468,607 693,289 Equity investments at FVOCI reclassified to retained earnings - - - - - (103,075) - - - 103,075 - - - Total Comprehensive income/ (loss) - - - - (8,053) 210,117 - - (80,457) (4,998,116) (4,876,509) 2,410,682 (2,465,827) Transfer from non-distributable regulatory loss allowance reserve and statutory reserve fund - - (441,569) - - - 1,417 - - 440,152 - - - Changes in ownership interest in subsidiaries - - - - - - - - - - - (129,527) (129,527) Subsidiary dividend to non-controlling interest - - - - - - - - - - - (690,602) (690,602) As at 30 September 2025 14,146,382 309,613 263,740 13,817,073 (135,557) (441,435) 264,853 (1,163,917) (2,458,154) (87,075,383) (62,472,785) 20,344,753 (42,128,032) As at 01 April 2024 12,119,235 309,613 1,280,511 13,397,639 (130,448) (1,183,528) 263,436 (1,636,236) (3,100,577) (69,593,779) (48,274,134) 18,074,203 (30,199,931) Profit/ (loss) for the period - - - - - - - - - (7,737,739) (7,737,739) 1,657,867 (6,079,872) Other Comprehensive loss - - - - (3,484) 212,562 - - 115,918 - 324,996 303,800 628,796 Equity investments at FVOCI reclassified to retained earnings - - - - - 110,079 - - - (110,079) - - - Total Comprehensive loss - - - - (3,484) 322,641 - - 115,918 (7,847,818) (7,412,743) 1,961,667 (5,451,076) Issue of shares 2,027,148 - - - - - - - - - 2,027,148 - 2,027,148 Changes in ownership interest in subsidiaries - - - - - - - - - - - 3,445 3,445 Subsidiary dividend to non-controlling interest - - - - - - - - - - - (3,712,065) (3,712,065) As at 30 September 2024 14,146,383 309,613 1,280,511 13,397,639 (133,932) (860,887) 263,436 (1,636,236) (2,984,659) (77,441,597) (53,659,729) 16,327,250 (37,332,479) Note : Figures in brackets indicate deductions. The above figures are not audited unless otherwise stated. Non- controlling interest Attributable to equity holders of parent Total equity -4-
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Softlogic Holdings PLC CONSOLIDATED CASH FLOW STATEMENT In Rs. '000 Un-audited 6 months to 30-09-2025 Un-audited 6 months to 30-09-2024 Un-audited 12 months to 31-03-2025 CASH FLOWS FROM/ (USED IN) OPERATING ACTIVITIES Loss before tax from continuing operations (1,395,007) (3,729,274) (6,292,481) Adjustments for: Finance income (3,857,917) (5,694,132) (9,121,791) Finance cost 6,753,530 8,144,684 16,068,490 Change in fair value of investment property - - 780,000 Share of results of equity accounted investees (2,724) (2,191) (17,137) Gratuity provision and related cost 222,261 201,974 480,911 Provisions for/ write-off of impaired receivables 58,088 63,537 90,029 Provision for write-off of inventories 28,717 28,619 64,219 Provisions for/ write-off of other non current assets - - 893,829 Provisions for/ write-off of loans and advances 71,008 (23,484) (170,380) Provisions for/ write-off of investments in lease and hire purchase (35,171) (78,333) (155,015) Depreciation of property, plant and equipment 1,720,425 1,910,212 3,605,249 Profit on sale of property, plant and equipment (43,863) (23,765) 53,409 Impairment of investments (4,191) 218,220 (3,093,981) Amortisation/ impairment of intangible assets 139,463 139,607 281,363 Amortisation right of use assets 1,003,668 956,968 1,837,308 Profit before working capital changes 4,658,287 2,112,642 5,304,022 Increase/ (decrease) in inventories (244,876) 37,591 1,674,300 Increase/ (decrease) in trade and other receivables (1,690,299) 2,078,119 (491,307) (Increase)/ decrease in loans and advances (605,425) 439,386 (51,904) (Increase)/ decrease in investments in lease and hire purchase 569,281 1,603,988 2,668,040 (Increase)/ decrease in other current assets (249,786) (1,580,384) (3,285,612) (Increase)/ decrease in amounts due from related parties 3,600 (152) (2,182) Increase/ (decrease) in trade and other payables 1,815,849 564,264 8,177,645 Increase/ (decrease) in amounts due to related parties (11,991) - (16,929) Increase/ (decrease) in other current liabilities 2,677,710 2,588,223 1,927,017 Increase/ (decrease) in deferred income (57,919) (4,087) 48,977 Increase/ (decrease) in public deposits (986,264) (2,873,224) (3,208,340) Increase in insurance contract liabilities 3,293,004 2,554,038 5,911,933 Cash generated from operations 9,171,171 7,520,404 18,655,660 Finance income received 2,773,853 3,305,312 6,431,241 Finance expenses paid (4,883,526) (5,948,546) (13,058,357) Dividends received - - 24,000 Tax paid (1,685,320) (2,199,962) (3,519,749) Gratuity paid (227,342) (137,760) (294,034) Net cash flow from operating activities 5,148,836 2,539,448 8,238,761 CASH FLOWS FROM/ (USED IN) INVESTING ACTIVITIES Purchase and construction of property, plant and equipment (976,474) (834,602) (2,279,327) Addition to intangible assets (23,232) (10,074) (39,262) Increase in other non-current assets (192,388) (275,312) (2,504,035) (Purchase)/ disposal of short term investments (net) 2,781,472 1,552,947 626,667 Dividends received 660 26,572 159,401 Purchase of non-current financial assets 2,002,355 4,634,017 6,879,744 Proceeds from disposal of controlling interest 317,156 - 661,532 Investments in equity accounted investees (3,367) - - Acqusition of business, net of cash acquired (1,142,349) - - Proceeds from disposal of investment properties 1,276,937 - - Proceeds from sale of property, plant and equipment 59,055 29,400 67,446 Net cash flow from/ (used in) investing activities 4,099,825 5,122,948 3,572,166 5
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Softlogic Holdings PLC CONSOLIDATED CASH FLOW STATEMENT In Rs. '000 Un-audited 6 months to 30-09-2025 Un-audited 6 months to 30-09-2024 Un-audited 12 months to 31-03-2025 CASH FLOWS FROM/ (USED IN) FINANCING ACTIVITIES Proceeds from issue of shares - 2,027,148 2,027,148 Proceeds from shareholders with non-controlling interest on issue of equity shares in subsidiaries - 3,884 3,884 Direct cost on issue of shares - - (5,191) Dividend paid to non-controlling interest (676,966) (2,930,228) (4,456,624) Increase in interest in subsidiaries - (439) - Proceeds from long term borrowings 257,230 590,690 2,394,800 Repayment of long term borrowings (3,104,796) (4,235,818) (10,584,916) Repayment of lease liabilities (1,311,472) (1,461,817) (2,698,994) Increase/ (decrease) in other non-current financial liabilities (12,087) (23,179) (123,886) Proceeds from/ (repayment of) other current financial liabilities (net) 1,182,455 827,602 3,433,652 Net cash flow from financing activities (3,665,636) (5,202,157) (10,010,127) NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS 5,583,025 2,460,239 1,800,800 CASH AND CASH EQUIVALENTS AT THE BEGINNING 4,559,436 2,757,209 2,757,209 Effect of exchange rate changes (1,118) (1,391) 1,427 CASH AND CASH EQUIVALENTS AT THE END 10,141,343 5,216,057 4,559,436 ANALYSIS OF CASH AND CASH EQUIVALENTS Favourable balances Cash in hand and at Bank 5,590,717 4,310,954 5,283,909 Short term investments 15,009,000 11,329,118 8,846,089 Unfavourable balances Bank overdrafts (10,458,374) (10,424,015) (9,570,562) Cash and cash equivalents 10,141,343 5,216,057 4,559,436 Note : Figures in brackets indicate deductions. The above figures are not audited unless otherwise stated. 6
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Softlogic Holdings PLC COMPANY INCOME STATEMENT In Rs. '000 Un-audited 6 months to 30-09-2025 Un-audited 6 months to 30-09-2024 Change as a % Un-audited 3 months to 30-09-2025 Un-audited 3 months to 30-09-2024 Change as a % Un-audited 12 months to 31-03-2025 Revenue from contract with customers 562,514 761,094 (26) 79,548 418,119 (81) 1,824,860 Cost of sales (80,853) (180,611) (55) (38,073) (89,549) (57) (342,235) Gross profit 481,661 580,483 (17) 41,475 328,570 (87) 1,482,625 Dividend income 995 943,524 (100) 851 943,194 (100) 963,901 Other operating income 61,934 12,080 413 31,656 6,030 425 29,774 Administrative expenses (416,901) (286,884) 45 (295,173) (147,492) 100 (3,266,672) Results from operating activities 127,689 1,249,203 (90) (221,191) 1,130,302 (120) (790,372) Finance income 816,085 1,418,483 (42) 410,771 715,117 (43) 2,966,712 Finance expenses (1,869,270) (3,005,057) (38) (908,710) (1,568,156) (42) (5,559,778) Net finance cost (1,053,185) (1,586,574) (34) (497,939) (853,039) (42) (2,593,066) Change in fair value of investment property - - - - - - 90,401 Profit/ (loss) before tax (925,496) (337,371) 174 (719,130) 277,263 (359) (3,293,037) Tax expense - - - - - - (31,861) Profit/ (loss) for the period (925,496) (337,371) 174 (719,130) 277,263 (359) (3,324,898) Note : Figures in brackets indicate deductions. The above figures are not audited unless otherwise stated. -7-
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Softlogic Holdings PLC STATEMENT OF COMPREHENSIVE INCOME In Rs. '000 Un-audited 6 months to 30-09-2025 Un-audited 6 months to 30-09-2024 Change as a % Un-audited 3 months to 30-09-2025 Un-audited 3 months to 30-09-2024 Change as a % Un-audited 12 months to 31-03-2025 Profit/ (loss) for the period (925,496) (337,371) 174 (719,130) 277,263 (359) (3,324,898) Other comprehensive income Other comprehensive income not to be reclassified to income statement in subsequent periods Actuarial gain on retirement benefits - - - - - - 7,202 Net profit on equity instruments at fair value through other comprehensive income - (25,850) (100) - (25,850) (100) (260,950) Tax on other comprehensive income - - - - - - (2,160) Other comprehensive income for the period, net of tax - (25,850) (100) - (25,850) (100) (255,908) Total comprehensive income/ (loss) for the period, net of tax (925,496) (363,221) 155 (719,130) 251,413 (386) (3,580,806) Note : Figures in brackets indicate deductions. The above figures are not audited unless otherwise stated. -8-
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Softlogic Holdings PLC COMPANY STATEMENT OF FINANCIAL POSITION In Rs. '000 Un-audited as at 30-09-2025 Un-audited as at 30-09-2024 Un-audited as at 31-03-2025 ASSETS Non-current assets Property, plant and equipment 36,929 60,300 46,848 Right of use assets 14,179 179,593 4,066 Investment property 1,149,800 1,053,200 1,149,800 Intangible assets - - 720 Investments in subsidiaries 84,034,595 84,740,096 84,021,477 Investments in associates - 9,750 9,750 Other non current financial assets 14,479 - 14,479 85,249,982 86,042,939 85,247,140 Current assets Trade and other receivables 1,214,842 2,319,449 1,111,376 Amounts due from related parties 14,299,911 15,659,395 14,624,477 Other current assets 345,167 186,569 360,544 Short term investments 20,084 77,297 17,664 Cash in hand and at bank 9,528 95,526 9,937 15,889,532 18,338,236 16,123,998 Total assets 101,139,514 104,381,175 101,371,138 EQUITY AND LIABILITIES Equity attributable to equity holders of the parent Stated capital 14,146,382 14,146,383 14,146,382 Revenue reserves (17,902,462) (14,060,903) (16,976,966) Other components of equity 45,080,346 45,387,061 45,080,346 Total equity 41,324,266 45,472,541 42,249,762 Non-current liabilities Interest bearing borrowings 18,863,062 13,194,802 18,516,620 Lease liabilities 1,049 160,909 1,369 Deferred tax liabilities 6,114,212 6,080,191 6,114,212 Employee benefit liabilities 116,708 146,669 151,984 Other deferred liabilities 21,622 - 21,622 25,116,653 19,582,571 24,805,807 Current liabilities Trade and other payables 6,201,999 3,705,754 6,166,722 Amounts due to related parties 269,392 312,439 248,598 Other current financial liabilities 21,126,480 26,761,477 20,287,219 Current portion of interest bearing borrowings 2,967,695 6,971,616 3,745,548 Current portion of lease liabilities 13,413 47,623 2,610 Other current liabilities 4,086,753 1,408,189 3,781,494 Bank overdrafts 32,863 118,965 83,378 34,698,595 39,326,063 34,315,569 Total equity and liabilities 101,139,514 104,381,175 101,371,138 I certify that the financial statements comply with the requirements of the Companies Act No. 7 of 2007. -sgd - C K Amarasekara Head of Finance The Board of directors is responsible for the preparation and presentation of these financial statements. -sgd - -sgd - A K Pathirage H K Kaimal Chairman Director 17 November 2025 Colombo 9
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Softlogic Holdings PLC COMPANY STATEMENT OF CHANGES IN EQUITY COMPANY In Rs. '000 Stated capital Fair value reserve of financial assets at FVOCI Accumulated losses Total As at 01 April 2025 14,146,382 45,080,346 (16,976,966) 42,249,762 Loss for the period - - (925,496) (925,496) Other comprehensive loss - - - - Total comprehensive loss - - (925,496) (925,496) As at 30 September 2025 14,146,382 45,080,346 (17,902,462) 41,324,266 As at 01 April 2024 12,119,235 45,412,911 (13,723,532) 43,808,614 Loss for the period - - (337,371) (337,371) Other comprehensive loss - (25,850) - (25,850) Total comprehensive loss - (25,850) (337,371) (363,221) Issue of shares 2,027,148 - - 2,027,148 As at 30 September 2024 14,146,383 45,387,061 (14,060,903) 45,472,541 Note : Figures in brackets indicate deductions. The above figures are not audited unless otherwise stated. -10-
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Softlogic Holdings PLC COMPANY STATEMENT OF CASH FLOW In Rs. '000 Un-audited 6 months to 30-09-2025 Un-audited 6 months to 30-09-2024 Un-audited 12 months to 31-03-2025 CASH FLOWS FROM/ (USED IN) OPERATING ACTIVITIES Profit/ (loss) before tax (925,496) (337,371) (3,293,037) Adjustments for: Finance income (816,085) (1,418,483) (2,966,712) Dividend income (2,421) (943,524) (963,901) Finance cost 1,869,270 3,005,057 5,335,629 Change in fair value of investment property - - (90,401) Provisions for/ write-off of impaired receivables - - 2,378,066 Gratuity provision and related costs 11,693 7,448 27,944 Depreciation of property, plant and equipment 8,520 10,622 21,450 Amortisation right of use assets 13,731 24,823 1,031 (Profit)/ loss on sale of property, plant and equipment (47,414) (5) (1,032) (profit)/ loss on disposal of investment property - - - Amortisation/ impairment of intangible assets 720 - 11,616 Profit before working capital changes 112,518 348,567 460,653 Increase in trade and other receivable (103,466) (1,434,147) (567,030) (Increase)/ decrease in other current assets 15,377 25,919 (148,056) (Increase)/ decrease in amount due from related parties 1,138,198 (1,093,572) (582,788) Increase in trade and other payables 22,704 377,351 2,856,638 Increase in amount due to related parties 737 101,442 51,245 Increase in other current liabilities 305,259 432,625 2,827,546 Cash from/ (used in) operations 1,491,327 (1,241,815) 4,898,208 Finance income received 31 1,722 2,859 Finance expenses paid (1,010,594) (96,397) (3,935,751) Dividend received 2,421 943,524 963,901 Gratuity paid (26,911) (9,963) (16,064) Net cash flow used in operating activities 456,274 (402,929) 1,913,153 CASH FLOWS FROM/ (USED IN) INVESTING ACTIVITIES Purchase and construction of property, plant and equipment - - (1,082) Additions to investment property - - (6,199) Additions to intangible assets - - (1,751) (Increase)/ decrease in interest in subsidiaries (3,367) - 480,701 (Purchase)/ disposal of other non current financial assets - - 77,677 Proceeds from sale of property, plant and equipment and investment property 48,814 - 5,354 Net cash flow from/ (used in) investing activities 45,447 - 554,700 CASH FLOWS FROM/ (USED IN) FINANCING ACTIVITIES Proceeds from issue of shares - 2,027,148 2,027,148 Direct cost on issue of shares - - (5,191) Proceeds from long term borrowings 663,200 772,436 5,349,724 Repayment of long term borrowings (956,285) (1,228,431) (2,770,439) Repayment of lease liabilities (1,905) (2,473) (52,567) Proceeds from/ (repayment of) short term borrowings (net) (156,625) (1,125,796) (7,026,575) Net cash flow from financing activities (451,615) 442,884 (2,477,900) NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS 50,106 39,955 (10,047) CASH AND CASH EQUIVALENTS AT THE BEGINNING (73,441) (63,394) (63,394) CASH AND CASH EQUIVALENTS AT THE END (23,335) (23,439) (73,441) ANALYSIS OF CASH AND CASH EQUIVALENTS Favourable balances Cash in hand and at bank 9,528 95,526 9,937 Unfavourable balances Bank overdrafts (32,863) (118,965) (83,378) Cash and cash equivalents (23,335) (23,439) (73,441) Note : Figures in brackets indicate deductions. The above figures are not audited unless otherwise stated. -11-
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Softlogic Holdings PLC NOTES TO THE FINANCIAL STATEMENTS OPERATING SEGMENT INFORMATION The following tables present revenue, profit information and other disclosures regarding Group's business segments. REVENUE AND PROFIT In Rs. '000 For the six months ended 30 September 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 Continuing operations Revenue Total revenue 3,677,478 3,639,098 1,252,895 1,119,423 17,877,390 14,546,067 1,677,462 226,910 19,695,414 14,380,353 17,683,020 15,351,585 578,868 779,802 62,442,527 50,043,238 - - 62,442,527 50,043,238 Inter group (353,356) (763,408) (122,946) (63,394) (567,412) 248,483 (23,779) (27,515) (135,120) (91,298) (392,489) (337,703) (576,884) (775,847) (2,171,986) (1,810,682) - - (2,171,986) (1,810,682) Total external revenue 3,324,122 2,875,690 1,129,949 1,056,029 17,309,978 14,794,550 1,653,683 199,395 19,560,294 14,289,055 17,290,531 15,013,882 1,984 3,955 60,270,541 48,232,556 - - 60,270,541 48,232,556 Operating profit/ (loss) (130,801) 293,844 (335,333) (221,064) (1,071,326) (1,773,513) 133,542 23,883 2,026,761 165,120 3,729,512 2,629,291 117,889 213,548 4,470,244 1,331,109 (86,336) (57,984) 4,383,908 1,273,125 Finance income 84,792 110,501 3,026 1,690 411,994 628,561 - 28 4,057,353 5,842,329 412,786 520,038 816,497 1,419,082 5,786,448 8,522,229 (1,928,530) (2,828,097) 3,857,918 5,694,132 Finance expenses (126,913) (139,840) (1,153,597) (971,134) (3,290,836) (4,238,838) (87,151) (76,470) (1,230,158) (1,531,609) (997,936) (997,375) (1,868,861) (3,002,365) (8,755,452) (10,957,631) 2,001,922 2,812,947 (6,753,530) (8,144,684) Share of profit of equity accounted investees - - - - - - - - - - - - 2,724 2,191 2,724 2,191 - - 2,724 2,191 Change in insurance contract liabilities - - - - - - - - (2,886,027) (2,554,038) - - - - (2,886,027) (2,554,038) - - (2,886,027) (2,554,038) Profit/ (loss) before taxation (172,922) 264,505 (1,485,904) (1,190,508) (3,950,168) (5,383,790) 46,391 (52,559) 1,967,929 1,921,802 3,144,362 2,151,954 (931,751) (1,367,544) (1,382,063) (3,656,140) (12,944) (73,134) (1,395,007) (3,729,274) Tax expense (1,111) (2,654) 473 (3,115) (26,149) (60,267) - - (847,743) (843,466) (798,681) (713,646) 155 (79) (1,673,056) (1,623,227) (91,053) (727,371) (1,764,109) (2,350,598) Profit/ (loss) after taxation (174,033) 261,851 (1,485,431) (1,193,623) (3,976,317) (5,444,057) 46,391 (52,559) 1,120,186 1,078,336 2,345,681 1,438,308 (931,596) (1,367,623) (3,055,119) (5,279,367) (103,997) (800,505) (3,159,116) (6,079,872) Depreciation of property, plant & equipment (PPE) 21,860 19,210 219,298 290,950 453,604 609,184 22,108 9,304 81,320 79,792 913,626 891,049 8,609 10,723 1,720,425 1,910,212 - - 1,720,425 1,910,212 Amortisation of ROU assets 11,234 10,985 - - 636,723 659,258 18,146 6,794 242,452 180,582 93,337 85,696 1,776 13,653 1,003,668 956,968 - - 1,003,668 956,968 Amortisation/ impairment of intangible assets 29,701 29,736 165 - 21,668 23,031 - - 14,074 13,704 - 719 66,327 66,471 73,136 73,136 139,463 139,607 Retirement benefit obligations and related cost 16,931 14,598 3,935 6,688 38,189 44,657 1,078 1,104 40,407 34,581 109,527 92,393 12,194 7,953 222,261 201,974 - - 222,261 201,974 Purchase and construction of PPE 25,618 6,988 34,073 15,122 169,751 256,940 414 247 79,490 59,403 667,128 494,957 - 945 976,474 834,602 - - 976,474 834,602 Additions to intangible assets 7,305 3,540 - - 13,581 2,220 - - 2,346 4,314 - - - - 23,232 10,074 - - 23,232 10,074 REVENUE AND PROFIT In Rs. '000 For the three months ended 30 September 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 2025 2024 Continuing operations Revenue Total revenue 1,933,421 1,774,506 741,818 572,303 8,183,415 6,916,959 1,170,942 117,679 10,268,015 7,167,886 8,725,358 7,861,157 95,901 426,850 31,118,870 24,837,340 - - 31,118,870 24,837,340 Inter group (159,822) (633,130) (79,112) (46,883) (269,829) 600,601 (8,962) (9,925) (78,653) (46,560) (197,538) (169,935) (95,895) (424,871) (889,811) (730,703) - - (889,811) (730,703) Total external revenue 1,773,599 1,141,376 662,706 525,420 7,913,586 7,517,560 1,161,980 107,754 10,189,362 7,121,326 8,527,820 7,691,222 6 1,979 30,229,059 24,106,637 - - 30,229,059 24,106,637 Operating profit/ (loss) (64,052) 389,488 55,638 24,066 (586,996) (979,777) 105,096 12,335 1,074,758 (70,955) 1,692,547 1,362,959 (217,632) 98,688 2,059,359 836,804 (43,180) (23,740) 2,016,179 813,064 Finance income 37,614 61,275 244 1,002 208,186 337,431 - - 1,774,689 2,755,622 201,922 227,649 411,040 715,401 2,633,695 4,098,380 (973,429) (1,414,456) 1,660,266 2,683,924 Finance expenses (60,273) (52,658) (721,897) (536,023) (1,448,968) (2,250,307) (48,236) (35,677) (635,268) (793,069) (511,239) (488,071) (908,506) (1,567,040) (4,334,387) (5,722,845) 1,010,942 1,401,629 (3,323,445) (4,321,216) Share of profit of equity accounted investees - - - - - - - - - - - - - 1,259 - 1,259 - - - 1,259 Change in insurance contract liabilities - - - - - - - - (955,693) (1,178,189) - - - - (955,693) (1,178,189) - - (955,693) (1,178,189) Profit/ (loss) before taxation (86,711) 398,105 (666,015) (510,955) (1,827,778) (2,892,653) 56,860 (23,342) 1,258,486 713,409 1,383,230 1,102,537 (715,098) (751,692) (597,026) (1,964,591) (5,667) (36,567) (602,693) (2,001,158) Tax expense (2,957) (2,667) 473 (3,115) (7,080) (13,991) - - (507,277) (320,725) (275,492) (391,979) 74 (39) (792,259) (732,516) (91,142) (724,694) (883,401) (1,457,210) Profit/ (loss) after taxation (89,668) 395,438 (665,542) (514,070) (1,834,858) (2,906,644) 56,860 (23,342) 751,209 392,684 1,107,738 710,558 (715,024) (751,731) (1,389,285) (2,697,107) (96,809) (761,261) (1,486,094) (3,458,368) Depreciation of property, plant & equipment (PPE) 12,565 9,244 110,495 141,418 214,737 252,713 11,066 3,201 23,000 39,052 452,964 451,403 579 5,737 825,406 902,768 - - 825,406 902,768 Amortisation of ROU assets (1,923) 5,466 - (3,873) 290,119 287,394 10,242 3,416 137,518 103,398 43,447 42,064 323 6,542 479,726 444,407 - - 479,726 444,407 Amortisation/ impairment of intangible assets 13,618 14,959 83 (1,540) 9,353 13,729 - - 4,758 6,297 - - 283 (1,366) 28,095 32,079 36,568 36,568 64,663 68,647 Retirement benefit obligations and related cost 8,465 7,637 619 3,346 15,252 19,675 539 560 21,391 17,553 54,564 46,298 6,098 3,977 106,928 99,046 - - 106,928 99,046 Purchase and construction of PPE 24,175 4,153 29,400 9,323 82,112 171,356 414 - 30,630 36,491 509,210 219,633 - 945 675,941 441,901 - - 675,941 441,901 Additions to intangible assets 7,305 (5,509) - - 3,233 220 - - 1,968 1,200 - - - - 12,506 (4,089) - - 12,506 (4,089) Note : Figures in brackets indicate deductions. Healthcare Services Others Total Eliminations/ Consolidation adjustments Group Information Technology Leisure & Property Retail & Telecommunication Automobiles Financial Services Eliminations/ Consolidation adjustments Group Others Total Healthcare Services Information Technology Leisure & Property Retail & Telecommunication Automobiles Financial Services 12
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Softlogic Holdings PLC NOTES TO THE FINANCIAL STATEMENTS 1. CORPORATE INFORMATION 2. BASIS OF PREPARATION 3. FAIR VALUE MEASUREMENT AND RELATED FAIR VALUE DISCLOSURES Investments in subsidiaries are initially recognised at cost in the financial statements of the Company. Any transaction cost relating to acquisition of investment in subsidiaries is immediately recognised in the income statement. Following initial recognition, investments in subsidiaries are accounted in accordance with SLFRS 9 - Financial Instruments. The Company measures the investment in subsidiaries at fair value at each balance sheet date using Discounted Cash Flow Methodology (DCF) and Net Assets Methodology (NAV). The management is currently in the process of measuring the fair value of both quoted and unquoted investments in subsidiaries as at 31 March 2025. Accordingly, changes in the fair value of respective subsidiaries of the group for the financial year ended 31 March 2025 and 30 September 2025 have not been reflected in the interim financial statements. During the quarter, there were no transfers between Level 1 and Level 2 and no transfers into or out of Level 3 categories as per the fair value hierarchy. The fair value changes on financial instruments in Level 3 category was properly recorded in the statement of other comprehensive income. The fair valuation was carried out as of 31 March 2024 and the management is currently performing the valuation as of 31 March 2025 for all unquoted equity shares classified as Level 3 within the fair value hierarchy according to fair valuation methodology. Fair value would not significantly vary if one or more of the inputs were changed. The interim financial statements are presented in Sri Lankan Rupees (Rs.) and all values are rounded to the nearest thousand except when otherwise indicated. Softlogic Holdings PLC, is a public limited company incorporated and domiciled in Sri Lanka and listed on the Colombo Stock Exchange. The interim financial statements of the Group and the Company for the six months ended 30 September 2025 were authorised for issue by the Board of Directors on 17 November 2025. The interim condensed financial statements have been prepared in compliance with Sri Lanka Accounting Standard LKAS 34 - Interim Financial Reporting. The presentation and classification of the financial statements of the previous period have been amended, where relevant, for better presentation and to be comparable with those of the current period. 13
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Softlogic Holdings PLC NOTES TO THE FINANCIAL STATEMENTS 4. CHANGE IN LIFE INSURANCE CONTRACT LIABILITIES 4.1 Valuation of Life Insurance Fund (Zeroed Basis of Negative Liabilities at Product Level) 4.2 Transfer of One-off Surplus from Policyholder Fund to Shareholder Fund Participating fund Non- participating fund Total 3,866,780 2,472,575 6,339,355 2,810,245 1,674,571 4,484,816 1,056,535 798,004 1,854,539 - (798,004) (798,004) 1,056,535 - 1,056,535 4.3 Composition of investments supporting the Restricted Regulatory Reserve as at 30 September 2025 Asset Category ISIN No. Face value Market value as at 30 September 2025 Rs. '000 Government Securities Treasury Bonds LKB00931E153 100,000,000 140,117 LKB00931E153 100,000,000 140,117 LKB00931E153 120,000,000 168,141 LKB00931E153 100,000,000 140,117 LKB00931E153 100,000,000 140,117 LKB00931E153 100,000,000 140,117 Total market value of the assets 868,726 The distribution of one-off surplus to shareholders as dividends shall remain restricted until company develops appropriate policies and procedures for effective management of its business Value of insurance contract liability based on Independent Actuary - NPV as at 31 December 2015 Value of insurance contract liability based on Independent Actuary - GPV as at 31 December 2015 The valuation of life insurance fund as at 30 September 2025 was made by Appointed Actuary Mr. Kunj Behari Maheshwari, FIA, FIAI, of Messrs. Willis Towers Watson India Private Limited, who approved to transfer from Non-Participating Life Insurance Fund/ insurance contract liabilities to the Shareholders Fund as surplus transfer as disclosed below. For the six months ended 30 September 202 - Rs. 2,168.00 Mn (2024 - Rs. 2,485 Mn) For the quarter ended 30 September 2025 - Rs. 1255.00 Mn (2024 - Rs. 900.00 Mn). The Insurance Regulatory Commission of Sri Lanka (IRCSL) has issued a Direction No 16 on 20 March 2018 on “Guidelines/ directions for Identification and Treatment of One-off Surplus” and has instructed all life insurance companies to comply with the new direction. Based on the new guidelines life insurance companies are directed to transfer the one-off surplus attributable to policyholder non-participating fund to shareholder fund in the reporting period ended 31 December 2017. The transfer has been presented as a separate line item in the Income Statement as “change in contract liability due to transfer of one-off surplus” and as a separate reserve in the Statement of Financial Position as “Restricted Regulatory Reserve” under equity in accordance with above Direction. As required by the said direction, the Company received approval for this transfer on 29 March 2018. Further distribution of one-off surplus to shareholders, held as part of the "Restricted Regulatory Reserve", is subject to meeting governance requirements stipulated by the IRCSL and can only be released as dividends upon receiving approval from the IRCSL. The one-off surplus in the shareholder fund will remain invested in government debt securities and deposits as disclosed in Note 4.3 as per the directions of the IRCSL. One-off surplus in respect of participating business is held within the participating fund as part of the unallocated valuation surplus and may only be transferred to the shareholder fund by means of bonuses to policyholders in line with Section 38 of the “Regulation of Insurance Industry, Act No. 43 of 2000”. Please refer Note 4.3 for details of assets supporting the restricted regulatory reserve as at 30 September 2025. Surplus created due to change in valuation method from NPV to GPV One off surplus as at 01 January 2016 Transfer of one off surplus from long term fund to Restricted Regulatory Reserve Surplus created due to change in valuation method - One off surplus as at 30 September 2025 Movement in One-off Surplus Transfer In Rs. '000 14
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Softlogic Holdings PLC NOTES TO THE FINANCIAL STATEMENTS 5. SHARE INFORMATION 5.1 Public share holdings As at 30-09-2025 Public shareholding (%) 11.22 Public shareholders 9,987 Float adjusted market capitalization (Rs. Mn.) 1,064.53 5.2 Directors' share holdings The number of shares held by the Board of Directors are as follows: As at 30-09-2025 A K Pathirage - Chairman/ Managing Director 616,407,331 G W D H U Gunawardena 71,333,852 R J Perera 75,437,508 H K Kaimal 80,439,792 M P R Rassool (resigned w.e.f. 21 October 2025) Nil Prof. A S Dharmasiri Nil S Saraf Nil C K Gupta (alternate director to Mr. S Saraf) Nil J D N Kekulawala Nil T Nadarasa Nil M I Furkan (appointed w.e.f. 29 August 2025) Nil 843,618,483 5.3 Twenty largest shareholders of the company are as follows: Number of shares As at 30-09-2025 % 1 Mr. A K Pathirage 616,407,331 44.18 2 Samena Ceylon Holdings Ltd 326,453,981 23.40 3 Mr. H K Kaimal 80,439,792 5.77 4 Mr. R J Perera 75,437,508 5.41 5 Mr. G W D H U Gunawardena 71,333,852 5.11 6 Samena Special Situations Fund III L.P. 53,653,654 3.85 7 Pemberton Asian Opportunities Fund 41,191,667 2.95 8 Mr. Dhia Yahya Dhia Al-Din Jaffar 22,408,559 1.61 9 Samena Special Situations Fund II L.P. 15,000,000 1.08 10 Mr. N Samarasuriya 9,450,644 0.68 11 Mr. S J Fancy 7,225,323 0.52 12 Miss. S Subramaniam 2,800,000 0.20 13 Mrs. G I Vasunthara 2,500,000 0.18 14 Arunodhaya (Private) Limited 2,387,221 0.17 15 Mrs. A Selliah 2,239,165 0.16 16 Mr. G R Geha 2,015,372 0.14 17 Lombard Odier Darier Hentsch and CIE 1,870,971 0.13 18 Arunodhaya Investments (Private) Limited 1,638,677 0.12 19 Arunodhaya Industries (Private) Limited 1,557,864 0.11 20 Mr. W A A T M Jayawickrama 1,471,534 0.11 Percentage of shares held by the public and the number of public shareholders is as given below: Minimum public holding percentage - The Company is in compliance with option 1 of the CSE Listing Rules 7.13.1 (i) (b) which requires 7.5% minimum public holding percentage and 200 minimum public shareholders. 15
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Softlogic Holdings PLC NOTES TO THE FINANCIAL STATEMENTS 6. STATED CAPITAL MOVEMENTS 6.1 No of shares No of shares As at 01 April 2025 1,395,257,979 As at 30 September 2025 1,395,257,979 6.2 Value of shares Rs. '000 As at 01 April 2025 14,146,383 As at 30 September 2025 14,146,383 7. INVESTOR INFORMATION 7.1 Market value of shares 30-09-2025 The market value of an ordinary share of Softlogic Holdings PLC was as follows. Last traded price on (Rs.) 6.80 Highest price recorded for the three months ending (Rs.) 8.30 Lowest price recorded for the three months ending (Rs.) 6.70 Market Capitalisation (Rs. Mn.) 9,487.75 7.2 Ratios Net liability per share at the period end (Rs.) (44.78) 7.3 Share trading information from 01 July 2025 to 30 September 2025 Number of shares traded 16,620,938 Value of shares traded (Rs. Mn.) 120.86 8. CONTINGENCIES CONTINGENT LIABILITIES 9. CAPITAL COMMITMENTS As at 30 September 2025, the Group had capital commitments contracted but not provided in the financial statements amounting to Rs. 7,588.00 Mn (30 September 2024 - Rs. 17,410.00 Mn). As at reporting date, there were no significant change in the nature of the contingencies and other commitments, which were disclosed in the annual report for the year ended 31 March 2024 other than the following. A dispute has arisen with the Department of Inland Revenue on the tax exemption applicable as per the agreement between Asiri Surgical Hospital PLC and the Board of Investment of Sri Lanka (BOI) in terms of the agreement entered between Asiri Surgical Hospital PLC and the Board of Investment of Sri Lanka (BOI) in year 2000. Since there is litigation in the Court of Appeal in CA (Writ) 386/2016 with regard to this matter, in accordance with Paragraph 92 of LKAS 37, the group is unable to provide further information on this and associated risks, in order not to impair the outcome and/ or prejudice the subsidiary’s position in this matter. The aforesaid matter is coming up for argument in January 2026. 16
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Softlogic Holdings PLC NOTES TO THE FINANCIAL STATEMENTS 10. RIGHTS ISSUE OF SHARES - SOFTLOGIC HOLDINGS PLC Utilisation of funds raised through rights issue of shares Rights Issue proceeds utilization as at 30 September 2025 Amount allocated from Proceeds Amount utilized Rs. Mn. Rs. Mn. (A) (B) 1 To settle external debt, including bank debt, securitization loans, and commercial papers 2,981.36 Immediately upon the receipt of subscription and post allotment of shares 2,027.15 100.00 2,027.15 100.00 N/A 11. EVENTS AFTER THE REPORTING PERIOD Softlogic Finance PLC which is a subsidiary of Softlogic Holdings PLC engaged its independent auditor to provide a special purpose audit opinion on the Statement of Profit or Loss and the Statement of Changes in Equity for the four-month period ended 31 July 2025. This special purpose audit report was prepared specifically for submission to the Central Bank of Sri Lanka. Its purpose is to include the profits after tax and the reversal of the Regulatory Loss Allowance Reserve (RLAR) of the Company for the four-months period ended 31 July 2025, as part of the Core Capital (Tier 1 Capital) and in calculating the Capital Adequacy Ratios. The Company submitted this audited report to the Central Bank on 28 August 2025, for compliance with the regulatory Core Capital and Capital Adequacy purposes. The Company has complied with the regulatory minimum Core Capital and the Capital Adequacy Ratios (Tier 1 and Total Capital (Tier 2) ratios) requirements as at the date of the audited report. Based on the audited report submitted to the Central Bank, the Central Bank, by its letter dated 19 September 2025, informed the Company that the Governing Board of the Central Bank of Sri Lanka has approved the lifting of the regulatory restrictions imposed on the Company with immediate effect. The Company has informed the lifting of the Central Bank regulatory caps to the Colombo Stock Exchange (CSE) via the Company letter dated 22 September 2025. Regulatory Capital Compliance - Softlogic Finance PLC Total Funds raised through rights issue in FY24/25 amounting to Rs. 2,027.15 mn was fully utilised for the objectives stated in the circular to shareholders issued in respect of the above. Proposed date of utilization as per Circulars Utilisation of funds raised through rights issue of shares There were no significant events subsequent to the date of the statement of financial position, which require disclosure in the financial statements other than the following. Objec tive Numb er Objective as per Circulars Amount allocated as per Circular Rs. Mn. % of total proceeds % utilized against allocation Clarification of not fully utilized including if not utilized where are the funds invested 17
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Softlogic Holdings PLC NOTES TO THE FINANCIAL STATEMENTS 12. RELATED PARTY TRANSACTIONS 12.1 Transactions with related parties In Rs. '000 06 months to 30-09-2025 06 months to 30-09-2024 06 months to 30-09-2025 06 months to 30-09-2024 Subsidiaries (Purchases)/ sales of goods - - (1,059) (2,220) (Receiving)/ rendering of services - - 545,016 683,217 Loans given/ (obtained) - - (1,434,201) 402,389 Interest received/ (paid) - - (178,455) 245,456 Rent received/ (paid) - - 1,894 56,996 Dividend received 583 940,538 Guarantee charges received/ (paid) - - (2,850) 147,031 Guarantees given/ (obtained) - as at 30 September - - 39,149,377 38,884,331 Associates (Receiving)/ rendering of services 1,968 3,955 1,978 3,955 Interest received/ (paid) - 113 - 113 Key management personnel Advance given/ (received) 49,715 50,622 (1,992) (1,992) Guarantees given/ (received) (150,000) (150,000) - - Loans given/ (customer deposits received) (2,011) (2,016) - - Close family members of KMP (Receiving)/ rendering of services - - - - 12.2 Group Company Terms and conditions of transactions with related parties Transactions with related parties are carried out under relevant commercial terms and conditions. Outstanding current account balances at year end are unsecured, interest free and settlement occurs in cash. Interest bearing borrowings are at pre-determined interest rates and terms. 18
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Softlogic Holdings PLC CORPORATE INFORMATION Name of Company Related Party Transaction Committee Softlogic Holdings PLC M I Furkan - Chairman H K Kaimal Legal Form T Nadarasa Public Limited Liability Company. Prof. A S Dharmasiri (resigned w.e.f. 04 September 2025) Incorporated in Sri Lanka on 25 February 1998 as a Private Limited Liability Company under the Companies Act No. 17 of 1982. HR and Remuneration Committee Re-registered on 17 December 2007 as a Public Limited Liability Prof. A S Dharmasiri - Chairman Company under the Companies Act No. 07 of 2007. J D N Kekulawala The status of the Company was changed to a Public Limited Company T Nadarasa on 10 December 2008. Subsequent to the listing of shares on the Main Board of Colombo Stock Exchange, the name of the Company was Nominations and Governance Committee changed to Softlogic Holdings PLC on 25 August 2011. T Nadarasa - Chairman Subsequently the Company transferred to the Diri Savi Board of the J D N Kekulawala Colombo Stock Exchange with effect from 02 December 2020. Prof. A S Dharmasiri Investor Relations Company Registration No Softlogic Holdings PLC PV 1536 PB/PQ 14, De Fonseka Place, Colombo 05 Registered Office of the Company Sri Lanka 14, De Fonseka Place, Tel : +94 11 5575 176 Colombo 05 E-mail : investorrelations@softlogic.lk Sri Lanka Tel : +94 11 5575 000 Contact for Media Fax : +94 11 2508 291 Softlogic Holdings PLC E-mail : info@softlogic.lk 14, De Fonseka Place, Web : www.softlogic.lk Colombo 05 Sri Lanka Directors Tel : +94 11 5575 000 A K Pathirage - Chairman/ Managing Director Fax : +94 11 2595 441 G W D H U Gunawardena H K Kaimal Bankers R J Perera Bank of Ceylon M P R Rasool (resigned w.e.f. 21 October 2025) Cargills Bank Ltd Prof. A S Dharmasiri Commercial Bank of Ceylon PLC S Saraf DFCC Bank PLC C K Gupta (alternative director to Mr. S Saraf) Hatton National Bank PLC J D N Kekulawala Muslim Commercial Bank T Nadarasa National Development Bank PLC M I Furkan (appointed w.e.f. 29 August 2025) Nations Trust Bank PLC Pan Asia Banking Corporation PLC Secretaries People's Bank Softlogic Corporate Services (Pvt) Ltd Sampath Bank PLC 14, De Fonseka Place, Seylan Bank PLC Colombo 05 Union Bank of Colombo PLC Sri Lanka State Bank of India Tel : +94 11 5575 000 Indian Bank Fax : +94 11 2508 291 Auditors Audit Committee Ernst & Young J D N Kekulawala - Chairman Chartered Accountants Prof. A S Dharmasiri Rotunda Towers, T Nadarasa No. 109, Galle Road, M I Furkan Colombo 03 19