LR4.3D - adjustments to financial statements

• Income tax benefit increased by $2.038 million
• Reclassification of borrowings from non-current to current liabilities
• Reallocation of assets and liabilities between CGUs

Avada Group Ltd (ASX: AVD) has advised of material adjustments to its audited financial statements for the year ended 30 June 2025. The key changes include: 1) Income tax benefit increased by $2.038 million due to finalisation of deferred tax calculations; 2) Reclassification of borrowings from non-current to current liabilities due to ongoing negotiations for deferral of facility repayments; and 3) Reallocation of assets and liabilities between cash-generating units (CGUs) to accurately reflect their allocation. The Board confirmed that these adjustments do not affect operating revenue or cash flow from operations, and the Company remains in a strong financial position. The audited financial statements have been lodged with ASIC and are available on the company's website and the ASX platform.