• Adjustments to final results, including net profit after tax (NPAT)
• NPAT remains within previously stated range
• Reclassification of capitalized costs and reduction in financial assets value

Kina Securities Limited (ASX:KSL) has announced a variation to its Appendix 4E, the Audited Financial Statements to the Unaudited Preliminary Final Report. The adjustments are in line with potential changes highlighted in the FY25 Result Announcement released on 27 February 2026. The adjusted NPAT remains within the range stated in that previous release, and the underlying performance of the business remains unchanged. Following discussions with the auditor, there was a reclassification of capitalized costs of intangible assets to operating expenses under IAS 38 interpretation guidelines, and a reduction in carrying value of financial assets at fair value through profit or loss. The total combined pre-tax adjustments to intangible assets and financial assets at fair value assets is K9.1m, and income tax expense is reduced by PGK3.0m, resulting in a net PGK6.1 million reduction in NPAT. These adjustments do not impact cash, and there has been no material change to the trading profit or loss, or the net assets in the Preliminary Final Report. The Board notes that these circumstances do not fall under ASX Listing Rule 4.3D, and there is no impact on KSL's outlook for the 2026 year, which remains unchanged from that expressed at the time of the FY25 Result Announcement.