AFC Group (AFC) investor relations material

Financial performance and position

• Operating revenue for the year ended 31 March 2026 was NZ$161,285, down from NZ$637,304 due to declining sales.

• Net loss for the year was NZ$818,092.

• Net assets as of 31 March 2026 were NZ$206,390, with cash and cash equivalents at NZ$39,437.

• Fixed assets, mainly property, plant, and equipment, totaled NZ$1,463,053.

• Deferred payment terms for related-party payables and a $500,000 loan forgiveness improved liquidity.

Liquidity and shareholder support

• Major shareholder NZ Silveray Group Limited provided $700,000 during the fiscal year and $100,000 in both April and May 2026.

• Shareholder signed a letter of support, agreeing not to call the loan until AFC is financially able to repay.

• Unencumbered property assets provide access to low-rate debt financing if needed.

Strategic initiatives and outlook

• Integration into the major shareholder's business strategy aims to drive innovation and long-term value.

• AFC Longview budgets to sell White Diamond, Port, and OEM wines to China, with contracts already in place for White Diamond and Port.

• Additional White Diamond vines are being planted to secure future production.

• Plans to expand the product range with less expensive wines and select new wines with customers.

• AFC Biotechnology will enhance distributor collaboration and expand secondary distribution.