Quarterly Update and Appendix 4C

• 1QFY27 customer cash receipts: $626k, down 36% QoQ and 39% YoY
• Ending cash balance: $2,014k, a decrease of $225k QoQ
• Company testing new marketing strategies to improve ROAS

Love Group Global Ltd (ASX:LVE) reported its first quarter FY27 results, showing a significant decline in customer cash receipts, which were $626k, down 36% quarter-on-quarter and 39% year-on-year. The company's ending cash balance was $2,014k, a decrease of $225k from the previous quarter. The decline in cash receipts was driven by a notable decrease in Return on Ad Spend (ROAS) from Google Ads, the company's largest marketing channel. Love Group is currently testing new marketing strategies and ad campaign setups to counteract the recent changes to Google Ads and improve its ROAS.

Love Group is actively working to counteract the recent changes to Google Ads by testing new marketing strategies and ad campaign setups, with the goal of improving its ROAS significantly.