September 2026 Quarterly Report and Appendix 4C

• FY26 underlying EBITDA from continuing operations: $1.3m, exceeding guidance
• FY26 sales & fee revenue from continuing operations: $11.2m, 4% above FY25
• Record cash receipts from school customers: $11.6m, up 6% year-over-year
• VET-in-Schools partnering fees grew 14% to $5.3m
• Completed wind-down of Southern Solutions Industry Training

Readcloud Ltd (ASX: RCL) has reported its preliminary unaudited FY26 results, showing underlying EBITDA from continuing operations of $1.3 million, surpassing the guidance of $1 million. Sales and fee revenue from continuing operations reached $11.2 million, a 4% increase from FY25. Cash receipts from school customers set a new record at $11.6 million, up 6% year-over-year. VET-in-Schools partnering fees grew by 14% to $5.3 million. The company also completed the wind-down of its Southern Solutions Industry Training business, allowing focus on core schools businesses. Readcloud enters FY27 with 37 new ReadCloudVET schools confirmed and an expanded sales team, expecting continued high customer retention and strong revenue growth.

FY26 underlying EBITDA: $1.3m, FY26 sales & fee revenue: $11.2m

Readcloud expects strong revenue growth in FY27 driven by high customer retention, increased average customer value, and further school acquisitions. The completion of the Industry Training wind-down allows focus on core schools businesses.