Quarterly Activities/Appendix 4C Cash Flow Report

• Completed exit from non-core contracts, aligning with New Dawn strategy
• ARR decreased by 1.4% year-over-year, reflecting removal of lower-margin revenue
• ARPC increased by 10.0% year-over-year, indicating higher-value enterprise relationships
• Quarterly revenue up 10.0% quarter-over-quarter and 6.7% year-over-year
• Maintained debt-free balance sheet with cash of $1.02 million at quarter end

Aeeris Ltd. has completed its planned exit from lower-margin, non-core reseller and climate-science contracts, consistent with its New Dawn strategy. Annual Recurring Revenue (ARR) decreased by 1.4% year-over-year and 9.1% quarter-over-quarter, primarily due to the removal of exited lower-margin revenue. Annual Revenue per Customer (ARPC) increased by 10.0% year-over-year, reflecting the shift towards higher-value enterprise relationships. Unaudited quarterly revenue was $975,191, up 10.0% quarter-over-quarter and 6.7% year-over-year. The company maintained a debt-free balance sheet with cash of $1.02 million at quarter end. The transformation continues to be self-funded, with no new debt or equity raised.

ARR: $3,493,530 (Q1 FY27); ARPC: $21,173 (Q1 FY27)

Q2 FY27 marks the start of the severe weather season, historically a strong period for revenue and customer engagement. The Company's priorities for the quarter are to complete the commercial and technical repositioning, including migrating transitioning customers to AWARE; to convert contract-stage pipeline opportunities; and to launch the new brand and tiered customer solutions.