24. Events after the reporting period

On August 27, 2026, the Board of Directors of the Company unanimously approved a written resolution implementing a 1-for-20 (20-to-1) reverse stock split of the Company’s issued and outstanding ordinary shares, pursuant to the authority granted under the Company’s Amended and Restated Articles of Association. Under the terms of the reverse stock split, every twenty (20) shares of ordinary shares issued and outstanding immediately prior to the effective date were automatically reclassified, combined, and converted into one (1) validly issued, fully paid, and non-assessable ordinary share (1:20 ratio). No fractional shares were issued; in lieu thereof, any fractional share resulting from the 1-for-20 combination was rounded up to the next whole ordinary share. The authorized share capital and the par value per share of the ordinary shares remained unchanged at USD 0.0001 per share. The reverse stock split is scheduled to become legally effective on September 29, 2026.

Because the reverse stock split becomes legally effective on September 29, 2026, it is recognized as a non-adjusting subsequent event under IAS 10. Accordingly, the consolidated financial statements and historical earnings per share disclosures remain presented on a historical pre-split basis.

The table below sets forth the historical pre-split and unaudited pro forma post-split effects of the 1-for-20 reverse stock split on basic and diluted earnings per share, as if the transaction had taken place on January 1, 2023: