• Negative operating cash flow of $8.1 million in Q1 2026
• Cash and cash equivalents of $8.0 million at quarter end
• Unused financing facilities of $3.3 million available

Fluence Corporation Ltd has released its Appendix 4C Quarterly Cash Flow Report for the period ended 31st March 2026. The report shows negative operating cash flow of $8.1 million, primarily due to the timing of significant milestone payments received from the Ivory Coast Addendum project in Q4 2025 and related cash payments to vendors that required settlement in Q1 2026. The company had cash and cash equivalents of $8.0 million at the end of the quarter and $3.3 million in unused financing facilities available. Fluence does not expect net operating cash used to continue at this level beyond the current quarter and is actively managing its liquidity position, including a focus on improving collections on existing projects, managing the timing and level of project-related expenditures, and assessing additional funding options, including debt facilities and other financing alternatives. Based on current cash balances, available unused financing facilities, and the actions outlined, the entity expects to be able to continue its operations and meet its business objectives.