Company: APXIF
Filing Date: 2025-03-31
Form Type: F-4/A
Source: 0001213900-25-026339
Chunk: 581

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: F-4/A
Chunk 581
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 and marketing expenses primarily relate to marketing materials and research the Group generates to increase brand awareness and commercialize its services in the marketplace. Administrative expenses primarily comprise professional fees (mainly related to consultancy, accountancy and legal expenses), payroll compensation to certain executives. Other operating expenses relate to those that do not depend on general business operations or relate to the other expense categories. 2.20 Segment reporting The Group operates in two business segments, a direct -to -consumersegment named “Rewell”, and a business -to -businesssegment named “Heritas Diagnostics”. Under IFRS 8 (Segment Information), the Group’s operating segments are reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker (“CODM”) which, in the case of the Group, is the Executive Team. The Executive Team is composed of a Chief Executive Officer, a Chief Science Officer, and a Chief Financial Officer. The CODM is responsible for allocating resources and assessing performance of the business. See Note 21 for further details. 3.Financial risk management Overview: The Group has exposure to the following risks from its use of financial instruments: •Credit risk •Liquidity risk •Market risk This note presents quantitative and qualitative information about the Group’s exposure to each of the above risks, and the Group’s objectives, policies and processes for measuring and managing risk. The Group does not use derivative financial instruments to hedge any of the above risks. Risk management framework: The Board of Directors has overall responsibility for the establishment and oversight of the Group’s risk management framework. The Board is responsible for developing and monitoring the Group’s risk management policies and processes. The Group’s risk management policies are established to identify and analyze the risks faced by the Group, establish appropriate risk limits and controls, and monitor these risks to ensure adherence to established limits. These policies and systems are reviewed regularly to reflect changes in market conditions and the Group’s activities. (a)Credit risk Credit risk arises from the potential non -performanceof contractual obligations by the parties, resulting in a financial loss for the Group. The carrying amount of financial assets represents the maximum credit exposure. F-81

Notes to Combined Financial Statements (Amounts in US Dollars, except otherwise indicated) 3.Financial risk management (cont.) The maximum exposure to credit risk at the reporting date was as follows:

|                                                |     | June 30, |     |         |
|                                                |     |     2024 |     |    2023 |
| Financial asset