Samudera Shipping Line : CONDENSED INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS AND FULL YEAR ENDED 31 DECEMBER 2024

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Condensed Interim Financial Statements for the six months and Full Year ended 31 December 2024 Samudera Shipping Line Ltd Company Registration: 199308462C (Incorporated in the Republic of Singapore) Samudera Shipping Line Ltd Company Registration: 199308462C (Incorporated in the Republic of Singapore) Table of Contents A. Condensed Interim Consolidated Statement of Profit or Loss and Other Comprehensive Income .... 1 B. Condensed Interim Statements of Financial Position 3 C. Condensed Interim Consolidated Statements of Cash Flows 5 D. Condensed Interim Statements of Changes of Equity 7 E. Notes to the Condensed Interim Consolidated Financial Statements 9 F. Other Information required under Listing Manual 21 Samudera Shipping Line Ltd Company Registration: 199308462C (Incorporated in the Republic of Singapore) Condensed Interim Consolidated Statement of Profit or Loss and Other Comprehensive Income Note Group Group 2H 2024 2H 2023 + / (-) FY 2024 FY 2023 + / (-) US$'000 US$'000 % US$'000 US$'000 % Revenue 309,053 277,030 11.6 532,008 582,931 (8.7) Cost of sales (235,209) (232,015) 1.4 (429,738) (473,992) (9.3) Gross profit 73,844 45,015 64.0 102,270 108,939 (6.1) Other operating income (A) 1,790 481 272.1 3,495 8,034 (56.5) Marketing expenses (7,060) (5,382) 31.2 (12,450) (10,259) 21.4 Administrative expenses (6,241) (4,596) 35.8 (10,525) (9,431) 11.6 Other operating expenses (B) (285) (7) 3,971.4 (389) (162) 140.1 Profit from operations 62,048 35,511 74.7 82,401 97,121 (15.2) Finance income 7,681 6,764 13.6 15,341 13,099 17.1 Finance costs (7,984) (6,444) 23.9 (14,929) (10,944) 36.4 Operating profit 61,745 35,831 72.3 82,813 99,276 (16.6) Share of results of joint venture (9,250) 1,804 n.m (7,813) 5,711 n.m Profit before tax 52,495 37,635 39.5 75,000 104,987 (28.6) Income tax expense (2,323) (2,889) (19.6) (3,793) (3,951) (4.0) Profit after tax 50,172 34,746 44.4 71,207 101,036 (29.5) Attributable to: Owners of the Company 49,994 34,579 44.6 70,849 101,233 (30.0) Non-controlling interests 178 167 6.6 358 (197) n.m Profit after tax 50,172 34,746 44.4 71,207 101,036 (29.5) n.m. = not meaningful Notes to the Income Statement Group Group 2H 2024 2H 2023 + / (-) FY 2024 FY 2023 + / (-) US$'000 US$'000 % US$'000 US$'000 % Profit after tax is arrived at after charging (crediting) the following:  Depreciation of property, plant and 7,809 6,394 22.1 14,134 12,075...

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