• Received $57,000 in additional proceeds from Carly Car Subscription business disposal
• Significantly reduced expenses after office lease termination
• Actively seeking new opportunities in AI, B2B SaaS, EdTech, and Cyber Security
• Aims to re-list the company

CL8 Holdings Limited (CL8 or the Company) presented its consolidated cash flow report and activities update for the quarter ended 31 December 2025. During the quarter, the company received additional proceeds of $57,000 in cash in line with completion adjustments associated with the disposal of its Carly Car Subscription business, with further funds expected in the March quarter. The company also incurred a number of historical costs and office closure costs. Following the termination of the office lease at the end of October, expenses have been significantly reduced with only residual corporate costs remaining. The bank guarantee that secured the office lease has now been returned, and the term deposit that secured that guarantee is in the process of being released. CL8 continues to hold its shares in Carbar to gain future appreciation of value as Carbar continues its growth and consolidation of the car subscription market. The company is actively seeking other opportunities to deliver value to shareholders with an aim for the re-listing of the Company. A number of opportunities were explored during the quarter and on an ongoing basis, including business in the AI sector, B2B SaaS, EdTech, and Cyber Security. The review of opportunities remains ongoing, and the company has reduced its overheads to a level consistent with its market capitalisation and operations while it seeks other opportunities.

The company is actively seeking other opportunities to deliver value to shareholders with an aim for the re-listing of the Company. A number of opportunities were explored during the quarter and on an ongoing basis, including business in the AI sector, B2B SaaS, EdTech, and Cyber Security. The review of opportunities remains ongoing.