Appendix 4E & 2026 Annual Report

• Investment revenue increased by 3.1% to $4.23 million
• Net profit after tax decreased by 5.6% to $2.89 million
• Fully franked dividend of 0.6 cents per share declared for Q1 2026
• NTA per share increased by 1.4% to $0.578
• Share buy-back program extended until July 2027

Ironbark Balanced Income Limited, formerly known as Ironbark Capital Limited, reported its financial results for the year ended 30 June 2026. The company experienced a modest increase in investment revenue of 3.1% to $4.23 million, while net profit after tax decreased by 5.6% to $2.89 million. Earnings per share also declined by 2.8% to 2.82 cents. The company maintained its dividend payout at 2.5 cents per share, unchanged from the previous year. The Net Tangible Asset (NTA) backing per share increased by 1.4% to $0.578, reflecting investment gains and a reduction in issued shares from the on-market buy-back. The company's conservative investment strategy, focusing on income and capital preservation, contributed to a total shareholder return of 5.1% for the financial year.

Net profit after tax: $2.89 million (2026), Investment revenue: $4.23 million (2026)

The company expects challenging market conditions in the upcoming year, but remains well-positioned to deliver satisfactory returns and fully franked dividends.