Announcement PDF Appendix 4D Half Year report Period Ending 31 December 2025 31/12/25 Appendix 4D Page 1 , Rule 4.2A.3 APPENDIX 4D Half Year report 1. Company Details Name of entity Energy Technologies Limited ABN or equivalent company reference Reporting Period (‘current period’) Previous corresponding period (‘previous period’) 38 002 679 469 31 December 2025 31 December 2024 2. Results for announcement to the market % $A'000 2.1Revenues from ordinary activities Down 53% to 2,304 2.2Loss from ordinary activities after tax attributable to members Down 13% to (5,633) 2.3Loss for the period attributable to members Down 13% to (5,633) 2.4Dividends Amount per security Franked amount per security Final dividend -¢ -¢ Interim dividend -¢ -¢ 2.5Record date for determining entitlements to the dividend No dividend proposed or paid. Appendix 4D Half Year report Period Ending 31 December 2025 31/12/25 Appendix 4D Page 2 Brief explanation of any of the figures in 2.1 to 2.4 necessary to enable the figures to be understood. REVIEW AND RESULTS OF OPERATIONS Half-year results The consolidated net loss after tax and excluding non-controlling interest of the Group for the half year ended 31 December 2025 was $5,633,387 (31 December 2024 Loss was $4,981,753). EGY’s wholly owned subsidiary Bambach Wires and Cables Pty Ltd (the company) reported a loss after tax of $3,931,518 compared to December 2024 Half Year loss of $3,963,969. During this period, the company continued to focus on reduced cash outflow and restructuring of the operational business. This resulted in Revenue being down 53% and a reported loss down 13% on the previous corresponding period. The Board has finalised its review of appropriate opportunities and will report such findings to shareholders when it is in a position to do so in the near term. The Board again would like to thank Mr Alfred Chown for his long service to the company, his stewardship and guidance and his loyalty. As the company moves back to its foundation business activities, we are excited to welcome Mr Doron Eldar to assist in guiding it through the next stage of growth. EGY during the period raised $3,775,000 via loans for working capital. During the period $1,545,000 loans plus accrued interest were converted to equity on the issue of 53,705,288 fully paid ordinary shares, and $400,000 loans were repaid. Refer Note 7 and Note 9. Appendix 4D Half Year report Period Ending 31 December 2025 31/12/25 Appendix 4D Page 3 3.1 Net Tangible Assets per security Current period Previous corresponding period Net tangible assets per security. Intangible assets have been excluded from the calculation of net tangible assets per security. (3.64) cents (1.85) cents 4. Details of entities over which control has been gained or lost during the period 14.1 A Name of entity N/A 4.2 A Date from which control was gained 4.3 A Where material to an understanding of the report – the contribution of such entity to the reporting entity’s profit from ordinary activities during the period and the profit or loss of such entities during the whole of the previous corresponding period 4.1 B Name of entities N/A 4.2 B Date from which control was lost 4.3 B Where material to an understanding of the report – the contribution of such entities to the reporting entity’s profit from ordinary activities during the period and the profit or loss of such entities during the whole of the previous corresponding period Appendix 4D Half Year report Period Ending 31 December 2025 31/12/25 Appendix 4D Page 4 5. Details of Individual and Total Dividends Date dividend is payable Amount per security Franked amount per security at 30% tax Amount per security of foreign source dividend Dividend 1 ¢ ¢ ¢ Total dividend per security: Current year Previous year Ordinary securities ¢ ¢ Preference securities ¢ ¢ 6. Dividend reinvestment plan Details of any dividend reinvestment plans in operation: None The last date for the receipt of an election notice for participation in any dividend or distribution reinvestment plan: N/A 7. Details of Associates and Joint Ventures: Name of entity Percentage holding 31/12/25 Percentage holding 31/12/24 7.1 Where material to an understanding of the report - aggregate share of profits (losses) of these entities, details of contributions to net profit for each of these entities, and with comparative figures for each of these disclosures for the previous corresponding period: N/A Appendix 4D Half Year report Period Ending 31 December 2025 31/12/25 Appendix 4D Page 5 8. For foreign entities, details of origin of accounting standards used in compiling the report (e.g. International Financial Reporting Standards) Dulhunty Engineering Limited (formerly Dulhunty Power International Limited) adopts Australian Accounting Standards. 9. For all entities, if the accounts contain an independent audit report or review that is subject to a modified opinion, emphasis of matter or other matter paragraph, a description of the modified opinion, emphasis of matter or other matter paragraph: Material Uncertainty paragraph in relation to Going Concern. Signed on behalf of the Board of Directors: Matthew Driscoll Chairman 27 February 2026 ENERGY TECHNOLOGIES LIMITED (ASX: EGY) ABN 38 002 679 469 Half-Year Financial Report for the half-year ended 31 December 2025 2 Corporate Information ABN 38 002 679 469 Directors Matthew Driscoll (Chairman, Non-Executive Director) Anthony L Smith (Non-Executive Director) Doron Eldar (Non-Executive Director) Company Secretary Gregory R. Knoke Registered Office Unit J, 134 - 140 Old Pittwater Road Brookvale NSW 2100 Telephone:- (02) 8978 2600 Bankers National Australia Bank Limited NAB House, 2 Carrington Street Sydney NSW 2000 Share Register Computershare Investor Services Pty Ltd Level 4, 44 Martin Place Sydney NSW 2000 Telephone:- (02) 8234 5000 Facsimile:- (02) 8235 8150 Auditors Crowe Audit Australia Level 42, 600 Bourke Street Melbourne VIC 3000 Telephone: - (03) 9258 6700 Facsimile:- (03) 9258 6722 Energy Technologies Limited – Half-year Report 3 Contents Directors’ Report .............................................................................................................................4 Auditor’s Independence Declaration ................................................................................................5 Condensed Consolidated Statement of Profit or Loss .......................................................................6 Condensed Consolidated Statement of Other Comprehensive Income ..............................................7 Condensed Consolidated Statement of Financial Position.................................................................8 Condensed Consolidated Statement of Changes in Equity................................................................9 Condensed Consolidated Statement of Cash Flows.........................................................................10 Notes to the Half –Year Financial Statements.................................................................................11 Directors’ Declaration....................................................................................................................23 Independent Auditor’s Review Report............................................................................................24 Energy Technologies Limited – Half-year Report 4 Directors’ Report Your Directors submit their report for the half-year ended 31 December 2025 DIRECTORS The names and details of the Company's Directors in office during the half-year and until the date of this report are as follows. Directors were in office for this entire period unless otherwise stated. Matthew Driscoll (Chairman, Non-Executive Director) Appointed 20 December 2016. Anthony L Smith (Non-Executive Director) Appointed on 24 December 2020. Alfred J Chown (Executive Director) Appointed on 10 August 2023, resigned 23 January 2026. Doron Eldar (Non-Executive Director) Appointed 23 January 2026. PRINCIPAL ACTIVITIES AND SIGNIFICANT CHANGES IN NATURE OF ACTIVITIES EGY’s principal activities during the year were:  The manufacture and sale of specialist industrial cables and ancillary products through wholly owned subsidiary Bambach Wires & Cables Pty Limited (Bambach);  Driving organic growth and organisational change in Bambach; and  Seeking other products, businesses and opportunities for the Group. REVIEW AND RESULTS OF OPERATIONS The consolidated net loss after tax and excluding non-controlling interest of the Group for the half year ended 31 December 2025 was $5,633,387 (31 December 2024: Loss was $4,981,753). EGY’s wholly owned subsidiary Bambach Wires and Cables Pty Ltd reported a loss after tax of $3,931,518 compared to December 2024 Half Year loss of $3,963,969. During this period, the company continued to focus on reduced cash outflow and restructuring of the operational business. This resulted in Revenue being down 53% and a reported loss down 13% on the previous corresponding period. The Board has finalised its review of appropriate opportunities and will report such findings to shareholders when it is in a position to do so in the near term. The Board again would like to thank Mr Alfred Chown for his long service to the company, his stewardship and guidance and his loyalty. As the company moves back to its foundation business activities, we are excited to welcome Mr Doron Eldar to assist in guiding it through the next stage of growth. EGY during the period raised $3,775,000 via loans for working capital. During the period $1,545,000 loans plus accrued interest were converted to equity on the issue of 53,705,288 fully paid ordinary shares, and $400,000 loans were repaid. Refer Note 7 and Note 9. AUDITOR’S INDEPENDENCE DECLARATION The lead auditor’s independence declaration under Section 307C of the Corporations Act 2001 is set out on page 5 and forms part of the Directors’ Report for the half-year ended 31 December 2025. Signed in accordance with a resolution of the Directors. Matthew Driscoll Chairman 27 February 2026 5 Auditor’s Independence Declaration Under Section 307C of the Corporations Act 2001 To the directors of Energy Technologies Limited As lead engagement partner, I declare that, to the best of my knowledge and belief, during the half year ended 31 December 2025, there have been: (i) no contraventions of the auditor independence requirements as set out in the Corporations Act 2001 in relation to the review; and (ii) no contraventions of any applicable code of professional conduct in relation to the review. Crowe Audit Australia Antony Barnett Senior Partner Melbourne 27 February 2026 Some of the Crowe personnel involved in preparing this document may be members of a professional scheme approved under Professional Standards Legislation such that their occupational liability is limited under that Legislation. To the extent that applies, the following disclaimer applies to them. If you have any questions about the applicability of Professional Standards Legislation to Crowe’s personnel involved in preparing this document, please speak to your Crowe adviser. Liability limited by a scheme approved under Professional Standards Legislation. The title ‘Partner’ conveys that the person is a senior member within their respective division and is among the group of persons who hold an equity interest (shareholder) in its parent entity, Findex Group Limited. The only professional service offering which is conducted by a partnership is external audit, conducted via the Crowe Australasia external audit division and Unison SMSF Audit. All other professional services offered by Findex Group Limited are conducted by a privately-owned organisation and/or its subsidiaries. Findex (Aust) Pty Ltd, trading as Crowe Australasia is a member of Crowe Global, a Swiss verein. Each member firm of Crowe Global is a separate and independent legal entity. Findex (Aust) Pty Ltd and its affiliates are not responsible or liable for any acts or omissions of Crowe Global or any other member of Crowe Global. Crowe Global does not render any professional services and does not have an ownership or partnership interest in Findex (Aust) Pty Ltd. Services are provided by Crowe Audit Australia, an affiliate of Findex (Aust) Pty Ltd. © 2026 Findex (Aust) Pty Ltd Crowe Audit Australia ABN 13 969 921 386 Level 42, 600 Bourke Street Melbourne VIC 3000 Australia c/o Findex Mail Processing Team PO Box 1608 Mildura VIC 3502 Australia Main +61 (03) 9258 6700 Fax +61 (03) 9258 6722 www.crowe.com.au Energy Technologies Limited – Half-year Report 6 Condensed Consolidated Statement of Profit or Loss for the half-year ended 31 December 2025 CONSOLIDATED 31 December 31 December 2025 2024 Note $ $ Sales revenue 2(i) 2,298,900 4,841,887 Other revenues 2(i) 5,408 18,280 Total revenue from continuing operations 2,304,308 4,860,167 Cost of sales (3,237,820) (5,175,027) Marketing expenses (6,796) (16,369) Occupancy expenses (92,338) (95,861) Administration expenses (2,095,926) (2,295,296) Finance costs 2(ii) (1,668,389) (1,345,033) Depreciation and amortisation expenses 2(iii) (823,118) (861,121) Other expenses 2(iv) (17,648) (48,983) LOSS BEFORE INCOME TAX (5,637,727) (4,977,523) INCOME TAX EXPENSE - - LOSS AFTER INCOME TAX (5,637,727) (4,977,523) LOSS ATTRIBUTABLE TO: Members of the parent entity (5,633,387) (4,981,753) Non-controlling interest (4,340) 4,230 (5,637,727) (4,977,523) The condensed consolidated statement of profit or loss should be read in conjunction with the accompanying notes. Energy Technologies Limited – Half-year Report 7 Condensed Consolidated Statement of Other Comprehensive Income for the half-year ended 31 December 2025 CONSOLIDATED 31 December 31 December 2025 2024 $ $ LOSS FOR THE PERIOD (5,637,727) (4,977,523) OTHER COMPREHENSIVE INCOME Items that may be reclassified subsequently to profit or loss Movement in foreign exchange relating to translation of controlled foreign entities 2,206 (6,332) Exchange differences on foreign exchange relating to non- controlling interest 2,206 (6,332) Revaluation of Property, Plant and Equipment to fair value - 50,000 4,412 37,336 TOTAL COMPREHENSIVE LOSS FOR THE PERIOD (5,633,315) (4,940,187) TOTAL COMPREHENSIVE LOSS ATTRIBUTABLE TO: Members of the parent entity (5,631,181) (4,938,085) Non-controlling interest (2,134) (2,102) (5,633,315) (4,940,187) Earnings per Share From continuing operations:  Basic loss per ordinary share (cents) (1.14) (1.16)  Diluted loss per ordinary share (cents) (1.14) (1.16) The condensed consolidated statement of other comprehensive income should be read in conjunction with the accompanying notes. Energy Technologies Limited – Half-year Report 8 Condensed Consolidated Statement of Financial Position as at 31 December 2025 CONSOLIDATED 31 December 30 June 2025 2025 Note $ $ CURRENT ASSETS Cash and cash equivalents 15,204 60,284 Trade and other receivables 4 368,713 1,187,547 Inventories 5 3,316,307 3,927,773 Other current assets 357,361 130,997 TOTAL CURRENT ASSETS 4,057,585 5,306,601 NON-CURRENT ASSETS Property, plant and equipment 3 8,455,960 8,874,882 Right of use assets 6 2,283,445 2,312,808 Intangible assets 8 57,779 92,186 Other non-current assets 94,889 94,889 TOTAL NON-CURRENT ASSETS 10,892,073 11,374,765 TOTAL ASSETS 14,949,658 16,681,366 CURRENT LIABILITIES Trade and other payables 6,346,257 4,663,896 Borrowings 7 20,781,634 15,000,031 Lease liabilities 6 1,424,558 1,117,772 Short-term Provisions 629,580 614,355 TOTAL CURRENT LIABILITIES 29,182,029 21,396,054 NON-CURRENT LIABILITIES Borrowings 7 2,030,534 7,470,034 Lease liabilities 6 1,805,086 1,921,481 Long-term Provisions 78,525 18,157 TOTAL NON-CURRENT LIABILITIES 3,914,145 9,409,672 TOTAL LIABILITIES 33,096,174 30,805,726 NET LIABILITIES (18,146,516) (14,124,360) EQUITY Issued capital 9 50,297,496 48,686,337 Reserves 6,014,631 6,012,425 Share based payment reserve 496,136 496,136 Accumulated losses (74,325,225) (68,691,838) Parent interest (17,516,962) (13,496,940) Non-controlling interest (629,554) (627,420) TOTAL DEFICENCY IN EQUITY (18,146,516) (14,124,360) The condensed consolidated statement of financial position should be read in conjunction with the accompanying notes Energy Technologies Limited – Half-year Report 9 Condensed Consolidated Statement of Changes in Equity for the half-year ended 31 December 2025 Issued Capital Reserves Share Based Payment Reserve Accumulated Losses Non- Controlling Interest Total $ $ $ $ $ $ Balance at 1.7.2024 48,055,587 5,963,548 496,136 (57,700,613) (625,191) (3,810,533) Comprehensive income Loss for the period - - - (4,981,753) 4,230 (4,977,523) Other comprehensive gain for the period, net of income tax - 43,668 - - (6,332) 37,336 Total comprehensive loss for the period - 43,668 - (4,981,753) (2,102) (4,940,187) Transactions with owners in their capacity as owners and other transfers Contributions of equity – net of capital raising cost 645,284 - - - - 645,284 Total transactions with owners, in their capacity as owners, and other transfers 645,284 - - - - 645,284 Balance at 31.12.2024 48,700,871 6,007,216 496,136 (62,682,366) (627,293) (8,105,436) Balance at 1.7.2025 48,686,337 6,012,425 496,136 (68,691,838) (627,420) (14,124,360) Comprehensive income Loss for the period - - - (5,633,387) (4,340) (5,637,727) Other comprehensive gain for the period, net of income tax - 2,206 - - 2,206 4,412 Total comprehensive loss for the period - 2,206 - (5,633,387) (2,134) (5,633,315) Transactions with owners in their capacity as owners and other transfers Contributions of equity – net of capital raising cost 1,611,159 - - - - 1,611,159 Total transactions with owners, in their capacity as owners, and other transfers 1,611,159 - - - - 1,611,159 Balance at 31.12.2025 50,297,496 6,014,631 496,136 (74,325,225) (629,554) (18,146,516) The condensed consolidated statement of changes in equity should be read in conjunction with the accompanying notes. Energy Technologies Limited - Half-Year Report 10 Condensed Consolidated Statement of Cash Flows for the half-year ended 31 December 2025 CONSOLIDATED 31 December 2025 31 December 2024 $ $ CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers 3,436,264 5,935,921 Interest received 71 238 Receipts from government subsidies – R&D grant - 190,113 Receipts from government subsidies – Others 1,391 5,057 Payments to suppliers and employees (4,870,733) (8,305,046) Finance costs (258,595) (632,639) NET CASH FLOWS (USED IN) OPERATING ACTIVITIES (1,691,602) (2,806,356) CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from sale of property, plant and equipment 4,545 1,589 Purchase of property, plant and equipment - (34,284) Purchase of Intangible Assets - (41,910) NET CASH FLOWS PROVIDED BY/ (USED IN) INVESTING ACTIVITIES 4,545 (74,605) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issue of shares - 725,175 Less outflows of raising capital - (4,089) Proceeds from borrowings 3,775,000 3,950,000 Repayment of lease liabilities (223,276) (234,662) Repayment of borrowings (1,909,747) (1,554,844) NET CASH FLOWS PROVIDED BY FINANCING ACTIVITIES 1,641,977 2,881,580 NET (DECREASE)/ INCREASE IN CASH HELD (45,080) 619 Cash at beginning of the financial period 60,284 66,683 CLOSING CASH BALANCE AT END OF FINANCIAL PERIOD 15,204 67,302 Energy Technologies Limited – Half-year Report 11 Notes to the Half –Year Financial Statements 31 December 2025 1. BASIS OF PREPARATION OF THE HALF-YEAR FINANCIAL REPORT (a) Basis of Preparation These general-purpose financial statements for the interim half-year reporting period ended 31 December 2025 have been prepared in accordance with requirements of the Corporations Act 2001 and Australian Accounting Standard AASB 134 “Interim Financial Reporting”. The group is a for-profit entity for financial reporting purposes under Australian Accounting Standards. The half-year financial report is intended to provide users with an update on the latest annual financial statements of Energy Technologies Limited and its controlled entities (the Group). As such, it does not contain information that represents relatively insignificant changes occurring during the half-year within the Group. It is therefore recommended that this financial report be read in conjunction with the Annual Financial Report of Energy Technologies Limited for the year ended 30 June 2025 together with any public announcements made during the half-year. The same accounting policies and methods of computation have been followed in this interim financial report as were applied in the most recent annual financial statements, except in relation to some of the matters discussed at Note 1(c) below. The interim financial statements have been approved and authorised for issue by the Board of Directors on 27 February 2026. (b) Material Uncertainty Related to Going Concern This report has been prepared on a going concern basis, which contemplates the continuity of normal business activity and the realisation of assets and settlement of liabilities in the normal course of business. The Group incurred a loss after tax and excluding non-controlling interest of $5,633,387 (December 2024: loss of $4,981,753). During the period the group incurred negative cash flows from operating activities of $1,691,602 (December 2024: negative $2,806,356). At 31 December 2025 the Group had a net deficiency in equity of $18,146,516 (June 2025: net deficiency in equity of $14,124,360). The December 2025 net assets include intangible assets of $57,779 (June 2025: $92,186). The Group had a net current asset deficit (current liabilities in excess of current assets) of $25,124,444 (June 2025: net current asset deficit of $16,089,453). Included in current liabilities are employee entitlements of $629,580 which are not expected to be settled in cash in full within the next twelve months. In addition, included in current liabilities are convertible notes of $10,761,500 and other loans of $8,345,000 ie a total of $19,106,500. The outstanding accrued interest for convertible notes is $1,913,797 and other loans is $1,474,582. Subsequent to the reporting date, $3,205,000 of the current convertible notes have been extended to March 2027. This represents 71.7% of the notes previously maturing in February and March 2026. The remaining $6,370,000 mature in September 2026. Of the current loans outstanding $7,595,000 have been extended to March 2027 with the balance $750,000 maturing in September 2026. These matters give rise to a material uncertainty that may cast doubt on the Group’s ability to continue as a going concern. Energy Technologies Limited – Half-year Report 12 Notes to the Half –Year Financial Statements 31 December 2025 1. BASIS OF PREPARATION OF THE HALF-YEAR FINANCIAL REPORT (Continued) (b) Material Uncertainty Related to Going Concern (continued) The Directors believe, notwithstanding the above financial performance, position and operating cash outflows, this result, along with funding raised post the reporting date (refer to note 12 on subsequent events), as well as its track record of raising capital is not a cause of concern for the following reasons:  The company is continuing to reduce cash outflows and reducing the working capital committed, resulting in cash outflows being reduced by 39.72% over the Previous Corresponding Period, although cash receipts were reduced by 42.11% over the Previous Corresponding Period. These results are consistent with management expectations as the Board continues to review opportunities to appropriately and sustainably resource the Company’s operations and focus on lowering cash outflows;  The results for the half year also continue to be impacted by residual issues with staff retention, expansion and then fully commissioning of the new manufacturing facility in Rosedale, regional Victoria including implementation of production software, and delays in the construction of the new silicone line shed, which is expected to be completed during the 2027 financial year;  Cash constraints continued to impact the supply of raw materials resulting in the factory not operating at full capacity;  Further initiatives in place to raise further working capital;  The potential to raise additional capital (as and when required);  The potential to renegotiate and or extend debt facilities including but not limited to convertible notes; and  In the event that revenue continues to be slower than anticipated, the Directors are confident they have the ability to raise additional funds through share issues and placements to sophisticated investors. The Directors’ also note the following:  A major contributing factor to the decline in revenue in the half year to 31 December 2025 was the company's change in business planning. The business is now focusing on maintaining safe manufacturing margins supported by a focus on the renewable energy sector and purchased product to sell into previously manufactured product clients. This resulted in a shift in capital employed to re- position the factory while investing in the lateral business opportunities;  The company has revised its business strategy to include purchased imported product delivered into the domestic market;  Through disciplined management, EGY has maintained both value and margin in the order book and the current sales orders and enquiries remain strong. The benefits of this strategy will be further unlocked upon finalisation of the review and adoption of a balanced capital structure which permits the Company to fully realise the business plan trajectory;  During the period 53,705,288 fully paid ordinary shares in Energy Technologies Limited were issued under a share placement, in settlement of $1,545,000 of short term loans plus accrued interest; and  Loans of $3,775,000 were raised during the period. Energy Technologies Limited – Half-year Report 13 Notes to the Half –Year Financial Statements 31 December 2025 1. BASIS OF PREPARATION OF THE HALF-YEAR FINANCIAL REPORT (Continued) (b) Material Uncertainty Related to Going Concern (continued) Matters already occurred post the reporting date (refer Note 12):  Further working capital has been provided by way of unsecured loans of $1,200,000 received post balance date;  The maturity dates of convertible notes of $3,205,000, included in current liabilities in the balance sheet, have been extended until March 2027. Accordingly, these convertible notes whilst technically current at balance sheet date, now retain characteristics of a non-current liability post balance sheet date;  The maturity dates of short-term loans of $7,595,000, included in current liabilities in the balance sheet, have all been extended until March 2027. Accordingly, these short-term loans whilst technically current at balance sheet date, now retain characteristics of a non-current liability post balance sheet date; and  The $6,000,000 line of credit, which includes $3,500,000 of short-term loans above, has been extended to March 2027. Matters expected to occur in the view of the Directors’:  The Group has maintained ongoing support from its financiers, shareholders and other stakeholders throughout the period and in the period subsequent to the date of this report;  The potential to renegotiate and or extend debt facilities;  The potential to raise additional capital, including the issue of further additional convertible notes (as and when required); and  As is prudent for a Group of this size, and consistent with the factors noted above, the directors continue to manage the working capital and capital expenditure requirements in the best interests of shareholders. This includes the preparation, and review of cash flow forecasts and other longer-term projections which in the view of the Directors align with the strategy of the Group to achieve growth predominantly through the Rosedale facility operating at higher production capacity levels. Management have prepared a cash flow projection (including the above assumptions) for the period to 31 March 2027 that supports the ability of the Group to continue as a going concern. As a consequence of these matters, the Directors believe the Group will continue as a going concern and it is appropriate to prepare these financial statements on that basis. In the event that the Group is unable to achieve the matters detailed above, it may not be able to continue as a going concern and therefore the Group may not be able to realise its assets and extinguish its liabilities in the ordinary course of operations and at the amounts stated in the financial statements. No adjustments have been made to the recoverability and classification of recorded asset values and the amount and classification of liabilities that might be necessary should the Group and company not continue as going concerns. Energy Technologies Limited – Half-year Report 14 Notes to the Half –Year Financial Statements 31 December 2025 1. BASIS OF PREPARATION OF THE HALF-YEAR FINANCIAL REPORT (Continued) (c) New or amended Accounting Standards and Interpretations adopted The consolidated entity has adopted all of the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. 2. REVENUE, INCOME AND EXPENSES 31 December 2025 31 December 2024 $ $ (i) Revenue from continuing operations Sale of goods transferred at a point in time (vi) 2,298,900 4,841,887 Other Revenue: Finance revenue 71 238 Foreign exchange gain - 12,985 Gain on Disposal assets 3,250 - Other income 2,087 5,057 Total Other Revenues 5,408 18,280 2,304,308 4,860,167 (ii) Finance costs Lease finance charges 71,945 89,995 Interest expense 1,534,737 1,191,227 Borrowing costs 61,707 63,811 1,668,389 1,345,033 (iii) Depreciation and Amo