• Reached $18 million in consolidated group revenue for 9-month period
• Achieved positive EBITDA of $166k in March, exceeding internal budget
• Optimized corporate overheads, redirecting resources to commercial execution

RLF AgTech Ltd (ASX: RLF) has provided an update on its commercial progress and the macro-economic environment as the 2026 Australian cropping season begins. Based on unaudited accounts, the company has reached $18 million in consolidated group revenue for the 9-month period ended 31 March 2026, ahead of the season's commencement. The company achieved a positive EBITDA of $166k for March, representing a significant turnaround in monthly profitability and exceeding internal budget. RLF has also optimized corporate overheads, reflecting a deliberate shift toward a leaner corporate structure and redirecting resources toward frontline commercial execution. The company enters the peak application window with $4.1 million in inventory, ensuring it can reliably support its retail partners and growers without the lead-time risks facing imported granular products. In Australia, RLF has already banked nearly 15% of its $3.0 million sales pipeline ahead of the season start, and the company has taken decisive action to exit non-performing personnel while appointing new business development expertise in South Australia. The escalation of conflict in the Middle East has disrupted approximately 30% of the global fertiliser trade, leading to increased price volatility and supply insecurity for traditional bulk fertilisers. RLF's Australian-manufactured, high-efficiency liquid formulations provide a sovereign solution, allowing growers to optimize their 'spend per tonne' of yield. The company has joined industry associations and engaged with state and federal governments to showcase its local manufacturing and advanced crop nutrition products as a viable solution to the current crisis.

RLF is focused on the disciplined execution of its growth strategy, underpinned by record year-to-date group performance and an aggressive optimization of its Australian operations. The company is building a high-performance sales culture and taking a leadership role in the national conversation regarding agricultural security.