The accompanying consolidated financial statements include the accounts of the Company and the following entities from January 20, 2026 through April 30, 2026. All material intercompany balances and transactions have been eliminated in consolidation. | Entity | | Jurisdiction | | Ownership | | Principal activity | | Perpetual Markets Ltd. | | Cyprus | | 100% direct | | Holding of investments and intellectual property; financial markets infrastructure and technology services | | Perpetual Products AG | | Switzerland | | 100% indirect | | Technology and financial products | | Perpetual Data AG | | Switzerland | | 100% indirect | | Financial information and index services | | Kephas Corporation | | United States | | 100% indirect | | Technology and software development services | | PM Broker Ltd. | | Cyprus | | 100% indirect | | Dormant | | Perpetual IT GmbH | | Germany | | 100% indirect | | Information technology services, hosting and hardware infrastructure | | PerpetualPay Ltd. | | Poland | | 100% indirect | | Dormant; dissolved May 22, 2026 (Note 18) |
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