• Product Sales Revenue of $5.3m for Q1 FY26, up 21% on prior corresponding period
• Reported NPBT for Q1 expected to be $0.35m, up 66% on prior corresponding period
• Achieved Gross Margins of 49.1% for Q1, up 4% on prior corresponding period

Advanced Braking Technology Ltd (ABT) is pleased to present its quarterly activities report for the period ended 30 September 2025 (Q1). ABT recorded product sales revenue of $5.3m in Q1, representing 21% growth on the prior corresponding period. The company delivered broad-based growth across both new and aftermarket revenue, supported by ongoing engagement with its blue-chip customer base. ABT performed strongly in key offshore markets, including Canada, Mongolia, and Europe, capitalizing on high gold and copper prices that are driving strong operational demand and investment appetite globally. The company successfully deployed SIBS Failsafe solutions for the JCB Telehandler at Rio Tinto Oyu Tolgoi in Mongolia, leveraging its presence and growing its install base at one of the world's largest known copper deposits. Development of ABT's autonomous braking technology also progressed well during the quarter for both SIBSiQ (the CAS9 feasibility project) and the market channel development of BRAKEiQ. Reported NPBT in Q1 FY26 is expected to be $0.35m, representing 66% growth on the prior corresponding period. The Q1 NPBT result was achieved via increasing operating leverage combined with optimized operating cost management throughout the period.

Reported revenue increased by 21% versus the prior corresponding period, and product sales included light and heavy vehicle brake systems as well as spares and consumables. Reported 66% growth in NPBT was supported by growth in revenue and gross margins versus the prior corresponding period.