Interim report
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 11 1 General information Humanica Public Company Limited (the Company) is a public limited company which is incorporated in Thailand and listed on the Stock Exchange of Thailand. The address of its registered office is 2 Soi Rong Muang 5, Rong Muang Road, Rong Muang, Pathumwan, Bangkok. For reporting purpose, the Company and its subsidiaries are referred to as the Group. The principal business of the Group is to provide human resource outsourcing and payroll services, sales and providing implementation services of human resource systems, sales and providing implementation services of computer software for enterprise resource planning, sales of advance access control devices, and provide life and non-life insurance brokerage. The interim consolidated and separate financial information are presented in Thai Baht with thousand Baht, unless otherwise stated. The interim consolidated and separate financial information were authorised for issuance by the Board of Directors on 13 August 2026. 2 Basis of preparation The interim consolidated and separated financial information has been prepared in accordance with Thai Accounting Standard 34, Interim Financial Reporting and other financial reporting requirements issued under the securities and Exchange Act. The interim financial information should be read in conjunction with the annual financial statements for the year ended 31 December 2025. An English version of these interim consolidated and separated financial information has been prepared from the interim financial information that is in the Thai language. In the event of a conflict or a difference in interpretation between the two languages, the Thai language interim financial information shall prevail. 3 Material Accounting policies 3.1 Amended financial reporting standards that are effective for the accounting periods beginning on or after 1 January 2026. Since 1 January 2026, the Group has adopted the se amended financial reporting standards that are for accounting periods beginning on or after 1 January 2026 and relevant to the Group. The adoption of those standards does not have significant impacts to the Group. 3.2 New and amended financial reporting standards that are effective for the accounting period beginning on or after 1 January 2028 which are relevant to the Group. The following new and amended TFRS was not mandatory for the current reporting period and the Group has not early adopted them a) TFRS 18 Presentation and Disclosure in Financial Statements. This is the new standard on presentation and disclosure in financial statements, which replaces TAS 1, Presentation of Financial Statements, with a focus on updates to the statement of profit or loss. The key new concepts introduced in TFRS 18 relate to: the structure of the statement of profit or loss with defined subtotals; requirement to determine the most useful structured summary for present ing expenses in the statement of profit or loss required disclosures in a single note within the financial statements for certain profit or loss performance measures that are reported outside an entity’s financial statements (that is, management -defined performance measures); and enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes in general
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 12 b) TFRS 19 Subsidiaries without Public Accountability: Disclosures. This new standard works alongside other TFRS Accounting Standards. An eligible subsidiary applies the requirements in other TFRS Accounting Standards except for the disclosure requirements; and it applies instead the reduced disclosure requirements in TFRS 19. TFRS 19’s reduced disclosure requirements balance the information needs of the users of eligible subsidiaries’ financial statements with cost savings for preparers. TFRS 19 is a voluntary standard for eligible subsidiaries. a subsidiary is eligible if: it does not have public accountability; and it has an ultimate or intermediate parent that produces consolidated financial statements available for public use that comply with TFRS Accounting Standards. c) TAS 7 Statement of cash flows was amended as a consequence of the adoption of TFRS 18 to require entities to use the operating profit or loss subtotal as the starting point for the indirect method of reporting cash flows from operating activities; and to introduce new requirements for the classification of interest and dividend cash flows in the statement of cash flows. The Group’s management is currently assessing the impact of adoption of these standards. 4 Estimates In preparation of the interim financial information, management must make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets and liabilities, income and expense. Actual results may differ from these estimates. In preparation of the interim financial information, judgements made by management in applying the Group’s accounting policies and the key sources of estimation for the uncertainty were the same as those that applied to the consolidated and separate financial statements for the year ended 31 December 2025.
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 13 5 Segment and revenue information The chief operation decision-maker of the Group considered operating segments by disaggregating based on business unit which was human resource management system services and accounting and financing services to be in-line with the Management Discussion and Analysis report. Consolidated financial information For the three-month periods ended 30 June Human resource management system services Accounting and financing services Total 2026 2025 2026 2025 2026 2025 Million Million Million Million Million Million Baht Baht Baht Baht Baht Baht Revenue from sales and rendering service income from external customers - Thailand 186.56 176.15 43.80 40.47 230.36 216.62 - Indonesia 105.90 104.41 - - 105.90 104.41 - Other countries in the South East Asia 63.24 41.69 - - 63.24 41.69 Total revenues 355.70 322.25 43.80 40.47 399.50 362.72 Segment profit 90.01 98.09 4.18 9.16 94.19 107.25 Unallocated income (expenses): Other income 4.10 8.15 Dividend income 3.23 3.70 Amortisation of intangible assets from acquisition of investment in subsidiaries (10.72) (9.54) Share of gain (loss) from investments in associates and joint ventures (3.62) 2.96 Loss from disposal of investment in an associate - (1.16) Gain from measurement of financial assets, net 0.18 1.52 Other gain (loss), net 3.50 (7.90) Finance costs (2.26) (1.84) Profit before income tax expense 88.60 103.14 Income tax expense (20.98) (20.35) Profit for the period 67.62 82.79 Consolidated financial information For the six-month periods ended 30 June Human resource management system services Accounting and financing services Total 2026 2025 2026 2025 2026 2025 Million Million Million Million Million Million Baht Baht Baht Baht Baht Baht Revenue from sales and rendering service income from external customers - Thailand 371.50 343.20 86.19 72.20 457.69 415.40 - Indonesia 220.54 203.73 - - 220.54 203.73 - Other countries in the South East Asia 124.75 91.57 - - 124.75 91.57 Total revenues 716.79 638.50 86.19 72.20 802.98 710.70 Segment profit 188.01 198.33 4.12 14.81 192.13 213.14 Unallocated income (expenses): Other income 8.58 14.98 Dividend income 3.23 4.97 Amortisation of intangible assets from acquisition of investment in subsidiaries (21.09) (19.15) Share of gain (loss) from investments in associates and joint ventures (3.30) 0.94 Loss from disposal of investment in an associate - (1.16) Gain (loss) from measurement of financial assets, net (0.15) 2.22 Other gain (loss), net 10.77 (6.52) Finance costs (4.23) (3.86) Profit before income tax expense 185.94 205.56 Income tax expense (40.61) (42.25) Profit for the period 145.33 163.31
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 14 Consolidated financial information For the three-month periods ended 30 June Human resource management system services Accounting and financing services Total 2026 2025 2026 2025 2026 2025 Million Million Million Million Million Million Baht Baht Baht Baht Baht Baht Timing of revenue recognition At a point in time - Revenue from sales of software 8.97 10.25 3.98 6.92 12.95 17.17 - Revenue from sales of goods 9.13 9.67 - - 9.13 9.67 - Monthly service income 81.34 88.86 5.21 5.34 86.55 94.20 - One-time service income 26.12 25.70 - 0.06 26.12 25.76 Overtime - Service income from software implementation 50.01 30.60 9.70 10.27 59.71 40.87 - Monthly service income 180.13 157.17 24.91 17.88 205.04 175.05 Total revenues 355.70 322.25 43.80 40.47 399.50 362.72 Consolidated financial information For the six-month periods ended 30 June Human resource management system services Accounting and financing services Total 2026 2025 2026 2025 2026 2025 Million Million Million Million Million Million Baht Baht Baht Baht Baht Baht Timing of revenue recognition At a point in time - Revenue from sales of software 36.17 21.47 8.73 11.20 44.90 32.67 - Revenue from sales of goods 20.29 17.78 - - 20.29 17.78 - Monthly service income 170.48 185.07 9.56 9.82 180.04 194.89 - One-time service income 46.41 43.32 - 0.06 46.41 43.38 Overtime - Service income from software implementation 87.06 65.64 18.27 15.85 105.33 81.49 - Monthly service income 356.38 305.22 49.63 35.27 406.01 340.49 Total revenues 716.79 638.50 86.19 72.20 802.98 710.70
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 15 Separate financial information For the three-month periods ended 30 June Human resource management system services Accounting and financing services Total 2026 2025 2026 2025 2026 2025 Million Million Million Million Million Million Baht Baht Baht Baht Baht Baht Timing of revenue recognition At a point in time - Revenue from sales of software 0.06 - 3.57 6.92 3.63 6.92 - Monthly service income 20.59 30.67 0.02 0.16 20.61 30.83 - One-time service income 5.19 9.63 - 0.06 5.19 9.69 Overtime - Service income from software implementation 16.89 9.25 6.38 10.27 23.27 19.52 - Monthly service income 82.09 71.58 18.60 17.87 100.69 89.45 Total revenues 124.82 121.13 28.57 35.28 153.39 156.41 Separate financial information For the six-month periods ended 30 June Human resource management system services Accounting and financing services Total 2026 2025 2026 2025 2026 2025 Million Million Million Million Million Million Baht Baht Baht Baht Baht Baht Timing of revenue recognition At a point in time - Revenue from sales of software 0.06 - 8.23 11.20 8.29 11.20 - Monthly service income 41.77 61.87 0.04 0.18 41.81 62.05 - One-time service income 11.16 17.18 - 0.06 11.16 17.24 Overtime - Service income from software implementation 29.01 14.14 12.83 15.85 41.84 29.99 - Monthly service income 165.37 141.88 36.73 35.26 202.10 177.14 Total revenues 247.37 235.07 57.83 62.55 305.20 297.62
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 16 6 Fair value The following table presents financial assets and liabilities that are measured at fair value in each level of fair value , including financial assets and liabilities that are measured at fair value in each classification but excluding those with its carrying amount measured by amortised cost method approximates fair values. Consolidated financial information Level of fair value Fair value through profit or loss Fair value through other comprehensive income Amortised cost Fair value Baht’000 Baht’000 Baht’000 Baht’000 As at 30 June 2026 Current financial assets Investment in held-to-maturity debt instruments 2 - - 51,872 52,200 Non-current financial assets Long-term loan to a related party 3 8,752 - - 8,752 Investment in marketable debt instruments 2 28,857 - - 28,857 Investment in marketable equity instruments 1 - 40,375 - 40,375 Investment in non-marketable equity instruments 3 - 140,038 - 140,038 Total financial assets 37,609 180,413 51,872 270,222 Separate financial information Level of fair value Fair value through profit or loss Fair value through other comprehensive income Fair value Baht’000 Baht’000 Baht’000 As at 30 June 2026 Non-current financial assets Long-term loan to a related party 3 8,752 - 8,752 Investment in marketable debt instruments 2 28,857 - 28,857 Investment in marketable equity instruments 1 - 40,375 40,375 Investment in non-marketable equity instruments 3 - 140,038 140,038 Total financial assets 37,609 180,413 218,022 Consolidated financial information Level of fair value Fair value through profit or loss Fair value through other comprehensive income Amortised cost Fair value Baht’000 Baht’000 Baht’000 Baht’000 As at 31 December 2025 Current financial assets Investment in held-to-maturity debt instruments 2 - - 32,761 32,816 Non-current financial assets Investment in marketable debt instruments 2 27,232 - - 27,232 Investment in marketable equity instruments 1 - 40,375 - 40,375 Investment in non-marketable equity instruments 3 - 140,038 - 140,038 Total financial assets 27,232 180,413 32,761 240,461 Separate financial information Level of fair value Fair value through profit or loss Fair value through other comprehensive income Fair value Baht’000 Baht’000 Baht’000 As at 31 December 2025 Non-current financial assets Investment in marketable debt instruments 2 27,232 - 27,232 Investment in marketable equity instruments 1 - 40,375 40,375 Investment in non-marketable equity instruments 3 - 140,038 140,038 Total financial assets 27,232 180,413 207,645
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 17 The valuation techniques used to measure fair value have not changed from those techniques as at 31 December 2025. As at 30 June 2026 and 31 December 2025, financial assets and liabilities measured by the amortised cost method which are approximated to the fair value. 7 Cash and cash equivalents Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Baht’000 Baht’000 Baht’000 Baht’000 Cash on hand 1,521 1,797 475 465 Deposits at financial institutions 710,513 820,900 200,896 338,658 Less Deposits in the Company and its subsidiaries’ names for customer accounts (240,572) (289,210) (107,168) (133,613) Total 471,462 533,487 94,203 205,510 Restricted bank deposits As at 30 June 2026, the Group and the Company have restricted bank deposits amounting to Baht 10.69 million and Bath 10.00 million respectively (31 December 2025: the Group has Baht 1.81 million) which used as securities to secure short-term loan from a financial institution (Note 15) and letters of guarantee issued by financial institutions (Note 22). 8 Trade and other current receivables, net Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Baht’000 Baht’000 Baht’000 Baht’000 Trade receivables 209,362 262,677 108,915 146,306 Less Allowance for expected credit loss (10,330) (10,068) (3,821) (4,235) Trade receivables, net 199,032 252,609 105,094 142,071 Trade receivables - related parties 1,886 1,180 13,651 5,247 Other current receivables 9,563 693 9,257 351 Other current receivables - related parties 1,474 326 1,900 1,072 Advance payments for services 17,526 3,279 13,051 1,382 Advance payments to customers 9,438 11,764 2 - Advance payments to employees 2,048 2,389 1,755 1,849 Prepaid expenses 13,217 8,438 6,442 3,208 Interest receivables 872 1,756 - 1,628 Total 255,056 282,434 151,152 156,808
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 18 Trade receivables can be analysed based on their aging as follows: Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Baht’000 Baht’000 Baht’000 Baht’000 Trade receivables - related parties Not yet due 165 1,149 5,375 2,332 Within 3 months 1,657 7 4,496 1,897 3 - 6 months 64 24 2,142 282 6 - 12 months - - 841 736 Over 12 months - - 797 - Total trade receivables - related parties 1,886 1,180 13,651 5,247 Trade receivables Not yet due 96,504 118,090 44,944 58,063 Within 3 months 65,943 73,628 30,220 33,533 3 - 6 months 15,327 14,461 9,993 6,221 6 - 12 months 4,521 29,476 2,679 25,998 Over 12 months 27,067 27,022 21,079 22,491 Less Allowance for expected credit loss (10,330) (10,068) (3,821) (4,235) Total Total trade receivables, net 199,032 252,609 105,094 142,071 Total trade receivables, net 200,918 253,789 118,745 147,318 9 Contract assets - current Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Baht’000 Baht’000 Baht’000 Baht’000 Contract assets - related parties 228 - 2,630 7,973 Contract assets 114,046 67,200 73,085 33,682 Total contract assets 114,274 67,200 75,715 41,655 Contract assets can be analysed by their aging from the transaction date as follows: Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Baht’000 Baht’000 Baht’000 Baht’000 Contract assets - related parties Within 3 months 114 - 1,199 4,280 3 - 6 months 114 - 1,431 999 6 - 12 months - - - 2,694 Total contract assets - related parties 228 - 2,630 7,973 Contract assets Within 3 months 52,740 42,808 30,952 19,622 3 - 6 months 19,696 12,120 13,322 8,127 6 - 12 months 18,527 7,526 9,883 4,587 Over 12 months 23,083 4,746 18,928 1,346 Total contract assets 114,046 67,200 73,085 33,682 The contract assets are typically transferred to trade receivables within 1 to 12 months (2025: within 1 to 12 months).
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 19 10 Investments in subsidiaries, associates, and a joint venture Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Baht’000 Baht’000 Baht’000 Baht’000 Investment in subsidiaries - - 2,389,957 2,379,757 Investment in associates 151,700 150,148 119,494 118,244 Investment in a joint venture 39,007 42,313 55,718 55,718 10.1 Investment in subsidiaries Movements of investment in subsidiaries for six-month period ended 30 June 2026 are as follows: Separate Financial information Baht’000 Opening net book value 2,379,757 Addition in investment 10,200 Closing net book value 2,389,957 Investment in Benix Limited On 29 May 2026, Benix Limited called for additional paid-up share capital for 312,800 shares at Baht 32.61 per share totalling of Baht 10.20 million and the Company already paid such amount during the period. However, there was no change in ownership interest of this subsidiary. The detail of investments in direct subsidiaries are as follows: Separate financial information Portion of ordinary shares held by the Company Cost method 30 June 31 December 30 June 31 December 2026 2025 2026 2025 Company Established in Business % % Baht’000 Baht’000 Direct subsidiaries Professional Outsourcing Solutions Limited Thailand Payroll outsourcing 100 100 72,899 72,899 Humanica FAS Limited Thailand Accounting and financial outsourcing 100 100 58,999 58,999 Humanica Asia Pte. Ltd. Singapore Payroll outsourcing and human resource system consultant 100 100 19,967 19,967 Tiger Soft (1998) Co., Ltd. Thailand Systematising personnel and payroll and selling access control equipment 100 100 125,000 125,000 Benix Limited Thailand Insurance broker 68 68 32,584 22,384 PT. IndoDev Niaga Internet and DataOn International Co., Ltd. Indonesia and Hongkong Human resources solutions and enterprise resource planning 100 100 1,975,567 1,975,567 HRM Consulting Co., Ltd. Thailand Human resources consulting and training 55 55 43,981 43,981 Humanica Consulting Service Co., Ltd. Thailand Human resources Consulting in Thailand 100 100 5,720 5,720 Humanica ERP Ltd. Thailand Enterprise resource planning 100 100 55,240 55,240 Total investments in subsidiaries 2,389,957 2,379,757
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 20 The detail of investments in indirect subsidiaries are as follows: Consolidated financial information Portion of ordinary shares held by the Group 30 June 31 December 2026 2025 Company Established in Business % % Indirect subsidiaries held by Humanica Asia Pte. Ltd. Humanica SDN. BHD. Malaysia Payroll outsourcing and Human Resource system consultant 100 100 Humanica VN Company Vietnam Payroll outsourcing Limited and Human Resource system consultant 100 100 Cadena International Pte. Ltd. (*) Singapore Human resources solutions 100 100 Indirect Subsidiary held by Humanica FAS Limited Humanica EEC Limited Thailand Accounting and financial outsourcing 70 70 (*) On 23 July 2025, Humanica Asia Pte. Ltd., a subsidiary of the Company, entered into a share purchase agreement in order to invest in ordinary shares of Cadena International Pte. Ltd. which is a company incorporated in Singapore. Its principal business is to invest in companies that provide human resources solutions in Singapore, Vietnam, and Malaysia. The Group invested in 100% of the registered capital, amounting to US Dollar 7.00 million or equivalent to Baht 227.05 million. During the period, the Group completely measured the fair value of identifiable assets acquired and liabilities assumed and purchase price allocation of Cadena Group to comply with the measurement period for a business combination under TFRS 3, Business Combinations. The result of this measurement did not have material impact to the consolidated financial statements as for the year ended 31 December 2025. 10.2 Investment in associates Movements of investment in associates for six-month period ended 30 June 2026 are as follows: Consolidated financial information Separate financial information Investment under equity method Investment under cost method Baht’000 Baht’000 Opening net book amount 150,148 118,244 Addition investment (a) 1,250 1,250 Share of gain 3 - Share of other comprehensive income - Exchange difference on translation of the financial information 299 - Closing net book amount 151,700 119,494
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 21 (a) Human Chess Capital Company Limited Human Chess Capital Company Limited called for additional paid-up share capital for 500,000 shares at Baht 2.50 per share totalling of Baht 1.25 million and the Company already paid such amount during the period. The detail of investments in associates are as follows: Company Business Consolidated financial information % of ownership interest Investment at cost method Investment at equity method 30 June 2026 31 December 2025 30 June 2026 31 December 2025 30 June 2026 31 December 2025 % % Baht’000 Baht’000 Baht’000 Baht’000 Direct associates established in Thailand Conicle Company Limited Online learning platform for organisation service 17 17 40,396 40,396 42,277 42,617 Human Chess Intermediate between Capital Limited borrowers and lenders through an online platform 50 50 16,249 14,999 6,219 8,524 H Lab Company Limited Develop and distribute applications to support all of services and managements 34 34 62,849 62,849 61,874 60,842 Indirect associate established in Phillippines Sunfish DataOn Operate the distribution, Philippines Inc.(*) sale of applications for human resource information systems and provides management system services. 49 49 34,038 34,038 41,330 38,165 10.3 Investment in a joint venture Movement of investment in a joint venture for six-month period ended 30 June 2026 are as follows: Consolidated financial information Separate financial information Investment under equity method Investment under cost method Baht’000 Baht’000 Opening net book amount 42,313 55,718 Share of loss (3,306) - Closing net book amount 39,007 55,718 The detail of investment in a joint venture are as follows: Company Business Consolidated financial information % of ownership interest Investment at cost method Investment at equity method 30 June 2026 31 December 2025 30 June 2026 31 December 2025 30 June 2026 31 December 2025 % % Baht’000 Baht’000 Baht’000 Baht’000 Pharmcare Group Company Limited Online platform for health consulting and e-platform service 51 51 55,718 55,718 39,007 42,313
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 22 11 Building improvement and equipment, net Movements of building improvement and equipment for the six-month period ended 30 June 2026 are as follows: Consolidated financial information Separate financial information Baht’000 Baht’000 Opening net book amount 44,164 17,452 Additions during the period 11,609 5,038 Disposals/write-offs during the period (254) - Depreciation (11,717) (4,617) Exchange difference on translation of financial information 151 - Closing net book amount 43,953 17,873 12 Right-of-use assets, net Movements of right-of-use assets for the six-month period ended 30 June 2026 are as follows: Consolidated financial information Separate financial information Baht’000 Baht’000 Opening net book amount 105,980 51,957 Additions during the period 27,675 - Lease termination (1,231) - Depreciation (22,720) (9,851) Exchange difference on translation of financial information 761 - Closing net book amount 110,465 42,106 13 Intangible assets, net Movements of intangible assets for the six-month period ended 30 June 2026 are as follows: Consolidated financial information Trademark Customer relationship Computer software Computer software under development Total Baht’000 Baht’000 Baht’000 Baht’000 Baht’000 Opening net book amount 26,738 66,937 164,224 56,040 313,939 Additions during the period - - - 35,229 35,229 Transfer in (out) - - 36,402 (36,402) - Amortisation (1,505) (16,759) (21,650) - (39,914) Exchange difference on translation of financial information 473 1,847 (284) 50 2,086 Closing net book amount 25,706 52,025 178,692 54,917 311,340 Separate financial information Software license Computer software under development Total Baht’000 Baht’000 Baht’000 Opening net book amount 91,097 33,728 124,825 Additions during the period 875 15,078 15,953 Transfer in (out) 33,728 (33,728) - Amortisation (13,835) - (13,835) Closing net book amount 111,865 15,078 126,943
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 23 14 Trade and other current payables Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Baht’000 Baht’000 Baht’000 Baht’000 Trade payables 17,015 16,498 1,539 4,692 Trade payables - related parties - - 3,869 2,905 Other current payables 5,742 6,909 3,433 4,051 Other current payables - related parties 1,850 - 1,850 - Accrued expenses 51,257 65,987 14,823 29,274 Accrued expenses - related parties 1,059 1,163 - 963 Total 76,923 90,557 25,514 41,885 15 Short-term loan from a financial institution Movements of short-term loan from a financial institution for the six-month period ended 30 June 2026 are as follows: Consolidated and Separate financial information Baht’000 Opening net book amount - Addition 20,000 Total 20,000 On 12 January 2026, the Company has entered into a credit facilities agreement from a financial institution in Thailand for a revolving credit limit not exceeding Baht 100 million. The bank loan facility is secured by a deposit in the Company's saving acco unt at the minimum 25% of the outstanding loan balance or as required by the financial institution. The Company is required to comply with certain criteria and conditions specified in the loan facilities. Subsequently, on 3 April 2026, the Company drew down Baht 20 million of the facility through the issuance of a promissory note bearing interest at a fixed rate of 3.50% per annum. Interest is payable monthly, and the principal is repayable within 12 months from the date of the agreement. As at 30 June 2026, the Company had pledged a bank deposit of Baht 10 million as collateral for the credit facility of Baht 40 million, covering both the outstanding drawdown of Baht 20 million and an additional drawdown of Baht 20 million that the Company expected to draw down under the facility. 16 Lease liabilities Movements of lease liabilities for the six-month period ended 30 June 2026 are as follows: Consolidated financial information Separate financial information Baht’000 Baht’000 Opening net book amount 126,485 69,668 Non cash items: Addition during the period 27,675 - Interest paid for lease liabilities 4,051 1,883 Lease termination (1,162) - Exchange differences on translation financial information 1,007 - Cash flows: Repayment for lease liabilities (28,342) (13,001) Closing net book amount 129,714 58,550 Lease liabilities - current portion 36,396 24,115 Lease liabilities - non-current portion 93,318 34,435 Total 129,714 58,550
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 24 17 Income tax expense Consolidated financial information Separate financial information For the three-month periods ended 30 June 2026 2025 2026 2025 Baht’000 Baht’000 Baht’000 Baht’000 Current income tax (22,592) (22,879) (6,925) (11,771) Deferred income tax 1,616 2,532 (401) 1,157 Total income tax expenses (20,976) (20,347) (7,326) (10,614) Consolidated financial information Separate financial information For the six-month periods ended 30 June 2026 2025 2026 2025 Baht’000 Baht’000 Baht’000 Baht’000 Current income tax (43,813) (44,806) (15,679) (21,084) Deferred income tax 3,204 2,555 331 (139) Total income tax expenses (40,609) (42,251) (15,348) (21,223) Interim income tax expenses are accrued by the management estimates using the same tax rate that applies to the expected total profit for the year. For the six-month periods ended 30 June 2026, the weighted average applicable tax rate for the Group and the Company was 22% and 10%, respectively (For the six-month periods ended 30 June 2025: 21% and 15%, respectively). The Group has assessed the implication of the Pillar Two rules. The management assessed that the application of the Pillar Two legislation does not impact to the consolidated financial statements since the Company Ultimate Parent Entity (UPE) does not qualify as a large multinational enterprise (MNEs). 18 Warrants On 8 April 2022, the Company offered warrants to purchase the Company’s ordinary shares to executives and employees of the Company (HUMAN - W1) which was approved from Shareholders' meeting with a term of 5 years from the date of issuance and offering. During the six-month period ended 30 June 2026, the Company recognised warrants to purchase ordinary shares as equity and related expenses as part of administrative expenses amounting to Baht 0.77 million. The executives and employees of the Company have not exercised warrants during the period.
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 25 19 Earnings per share Diluted earnings per share is calculated by dividing the net profit for the period attributable to shareholders of the Company by the weighted average number of ordinary shares issued and paid-up during the period. For the three-month periods ended Consolidated financial information Separate financial information 30 June 2026 2025 2026 2025 Basic earnings per share Net profit attributable to owners of the parent (Baht’000) 67,483 82,628 115,684 45,109 Weighted average number of ordinary share in issue (shares’000) 836,194 856,101 836,194 856,101 Basic earnings per share (Baht per share) 0.08 0.10 0.14 0.05 Diluted earnings per share Net profit attributable to owners of the parent (Baht’000) 67,483 82,628 115,684 45,109 Weighted average number of ordinary share in issue (shares’000) 836,194 856,101 836,194 856,101 Adjustment: conversion of warrants (shares’000) - - - - Weighted average number of ordinary shares for diluted earnings per share (shares’000) 836,194 856,101 836,194 856,101 Diluted earnings per share (Baht per share) 0.08 0.10 0.14 0.05 For the six-month periods ended Consolidated financial information Separate financial information 30 June 2026 2025 2026 2025 Basic earnings per share Net profit attributable to owners of the parent (Baht’000) 145,642 164,112 143,948 117,877 Weighted average number of ordinary share in issue (shares’000) 836,194 861,692 836,194 861,692 Basic earnings per share (Baht per share) 0.17 0.19 0.17 0.14 Diluted earnings per share Net profit attributable to owners of the parent (Baht’000) 145,642 164,112 143,948 117,877 Weighted average number of ordinary share in issue (shares’000) 836,194 861,692 836,194 861,692 Adjustment: conversion of warrants (shares’000) - - - - Weighted average number of ordinary shares for diluted earnings per share (shares’000) 836,194 861,692 836,194 861,692 Diluted earnings per share (Baht per share) 0.17 0.19 0.17 0.14 20 Dividends The Annual General Meeting of the Company on 29 April 2026, the shareholders approve the payment of dividend from the operation of the year 2025 at Baht 0.32 per share. However, the Company already paid an interim dividend from the operation of the year 2025 at Baht 0.12 per share, totalling Baht 100.65 million. Consequently, the remaining dividend payable at Baht 0.20 per share, totalling Baht 167.24 million. The Company paid such amount on 28 May 2026.
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 26 21 Related party transactions The following are material transactions that were carried out with related parties in an ordinary course of business and in accordance with specific terms and conditions of the contracts: 21.1 Transactions with related person and related parties For the three-month periods ended Consolidated financial information Separate financial information 30 June 2026 2025 2026 2025 Baht’000 Baht’000 Baht’000 Baht’000 Subsidiaries Service income - - 7,516 7,794 Management fee - - 6,987 7,006 Dividend income - - 85,023 1,100 Rental income - - 1,224 1,070 Other income - - 2,219 1,203 Interest expenses - - 665 715 Associates Service income 5,086 5,906 109 301 Other income - interest income 1,575 857 1,575 857 Rental income 611 689 611 689 Other income 17 44 17 44 Other expenses - 70 - - A Joint venture Service income 212 165 - - Rental income 147 131 147 131 Other income 67 43 49 43 Other income – interest income 79 - 79 - Related parties Service income 1,715 2,314 - - Rental income 113 113 - - Other expenses 5,423 2,861 - - For the six-month periods ended Consolidated financial information Separate financial information 30 June 2026 2025 2026 2025 Baht’000 Baht’000 Baht’000 Baht’000 Subsidiaries Service income - - 15,147 13,476 Management fee - - 13,939 14,043 Dividend income - - 85,023 35,099 Rental income - - 2,523 1,974 Other income - - 5,722 3,055 Interest expense - - 1,363 885 Associates Service income 9,338 9,955 259 601 Other income - interest income 3,096 1,300 3,096 1,300 Rental income 1,221 1,377 1,221 1,377 Other income 36 90 36 90 Other expenses - 81 - - A Joint venture Service income 304 348 - - Rental income 272 239 272 239 Other income 150 77 122 77 Other income – interest income 79 - 79 - Related parties Service income 3,330 4,062 - - Rental income 227 239 - - Other expenses 7,945 5,886 - -
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 27 21.2 Outstanding balances with related person and related parties Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Baht’000 Baht’000 Baht’000 Baht’000 Subsidiaries Trade receivables - - 13,587 5,247 Other current receivables - - 1,087 843 Contract assets - current - - 2,630 7,973 Trade payables - - 3,869 2,905 Contract liabilities - current - - 2,042 2,336 Short-term loan - - 42,000 42,000 Accrued expenses - - - 963 Other non-current liabilities - - 598 537 Associates Trade receivables 115 1,101 64 - Other current receivables 813 229 813 229 Long-term loans 65,487 56,735 65,487 56,735 Other current payables 1,850 - 1,850 - Contract liabilities - current 3,557 4,576 159 - Accrued expenses 10 10 - - Other non-current liabilities 577 577 577 577 A joint venture Trade receivables 101 55 - - Long-term loans 10,000 - 10,000 - Accrued expenses 4 4 - - Other non-current liabilities 163 163 163 163 Related parties Trade receivables 1,670 24 - - Other current receivables 661 97 - - Contract assets - current 228 - - - Contract liabilities - current 23 92 - - Accrued expenses 1,045 1,149 - - 21.3 Long term loans to related parties Movements of long-term loans to related parties for six-month period ended 30 June 2026 are as follow: Consolidated and separate financial information Baht’000 Opening net book amount 56,735 Addition 20,000 Fair value remeasurement (1,248) Closing book amount 75,487 Long-term loans to related parties - current portion 35,054 Long-term loans to related parties - non-current portion 40,433 Total 75,487
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 28 Long-term loans to associates (a) As at 30 June 2026 and 31 December 2025, the long-term loans to a related party are loans to an associate registered in Thailand, under a revolving credit facility with a limit of up to Baht 58 million. The principal and interest will be repaid according to the loan agreement, with a fixed interest rate of 8.73% per annum. An associate utilised the loan for working capital to carry out contracts for the installation and development of network systems and information management for three hospitals, with a total contract value of Baht 121 million. As at 30 June 2026, the fair value of long-term loans to a related party approximated its carrying value. (b) On 27 May 2026, the Company entered into a long-term loan agreement with an associate registered in Thailand under a non-revolving credit facility amounting of Baht 30 million, which will be utilised for working capital requirements and business expansion. The loan is secured by personal guarantee and the C ompany may demand direct payment from the guarantor. The loan is repayable within 84 months from the date of the initial drawdown and has a fixed interest rate of 7% per annum. Such loan has an option to convert the loan amount into common stock of an associate with conditions as specified in the loan agreement. On 16 June 2026, an associate made the drawdowns amounting to Baht 10 million. As at 30 June 2026, this long-term loan to a related party was measured at fair value through profit or loss. Long-term loan to a joint venture On 8 April 2026, the Company entered into a long-term loan agreement with a joint venture registered in Thailand under a non-revolving credit limit not exceeding Baht 17 million, which will be utilised for working capital requirements and business expansion. The loan is secured by personal guarantee and the Company may demand direct payment from the guarantor. The loan is repayable within 36 months from the date of the initial drawdown and has a fixed interest rate of 7% per annum. During the period, the joint venture made the drawdown amounting to Baht 10 million As at 30 June 2026, the fair value of the long-term loan to a related party approximated its carrying value. 21.4 Short-term loan from a related party As at 30 June 2026 and 31 December 2025, the short-term loan agreement with a subsidiary amounting to Baht 42 million. Such loan with no collateral and fixed interest rate. The interest and principal will be fully paid within 12 months from the agreement date. Subsequently, on 1 March 2026, the Company entered into an agreement to extend the repayment period of this loan for an additional 12 months from the original due date. 21.5 Key management compensation For the three-month periods ended Consolidated financial information Separate financial information 30 June 2026 2025 2026 2025 Million Baht Million Baht Million Baht Million Baht Short-term benefits 9.37 8.63 6.34 5.74 Post-employment benefits 1.15 1.15 1.11 1.11 Total 10.52 9.78 7.45 6.85 For the six-month periods ended Consolidated financial information Separate financial information 30 June 2026 2025 2026 2025 Million Baht Million Baht Million Baht Million Baht Short-term benefits 23.30 21.02 15.07 13.54 Post-employment benefits 2.29 2.27 2.22 2.19 Total 25.59 23.29 17.29 15.73
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Humanica Public Company Limited Condensed notes to the interim financial information (Unaudited) For the six-month period ended 30 June 2026 29 22 Commitments The Group and the Company had the future payments under these building services agreements as follows: Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Million Baht Million Baht Million Baht Million Baht Within 1 year 9.01 12.68 5.31 5.30 Later than 1 year but not later than 5 years 21.57 32.23 18.12 21.61 Over than 5 years 95.49 93.30 95.49 93.30 Total 126.07 138.21 118.92 120.21 The Group had outstanding bank guarantees of services for customers issued by the financial institutions as follows: Consolidated financial information Separate financial information As at 30 June 2026 31 December 2025 30 June 2026 31 December 2025 Million Baht Million Baht Million Baht Million Baht Letters of guarantee 0.69 1.81 - - 23 Events after the reporting date At the Board of Directors’ Meeting of the Company on 13 August 2026, the board of directors passed a resolution to declare interim dividend from the profit for the six-month period ended 30 June 2026 to the shareholders at Baht 0.14 per share, totalling Baht 117.07 million. Such dividends will be paid to the shareholders on 11 September 2026.