BCC June 2025 Quarterly Activities Report & Appendix 4C

• Total available funds of $2.1M, including $1.8M in cash
• Adjusted operating cash outflow of $29K in the quarter
• Revenues from Airtime Services & ZOLEO Royalties increased 12% over PCP

Beam Communications Holdings Limited, a leading developer and distributor of mobile satellite solutions and services, has provided an overview of activities and commentary for the three months ended 30 June 2025 (Q4FY25). The company recorded a net operating cash outflow of $634K in the quarter, but excluding arbitration costs relating to Zoleo Inc., the adjusted net operating cash outflow was a more modest $29K. Beam's total available funds as of 30 June 2025 was $2.1 million, which includes $1.8 million in cash and $300K from an undrawn and available overdraft facility. A delay in the delivery of Iridium GO! Exec units from June to July and the transitioning of ZOLEO device sales to Roadpost Inc. caused total ordinary revenue to decline to $4.3 million in 4QFY25, a 36.1% decline over the previous corresponding period (PCP). However, the company's recurring revenue increased 11.9% PCP to $889K in the quarter with both ZOLEO royalties and Airtime Services contributing to the growth. Beam's ongoing cost rationalisation program delivered a further reduction in staff costs, which fell to $1.2M in Q4FY25, or 23% lower Quarter-on-Quarter (QoQ). The program is on track to deliver annual savings of circa $2.7 million.