# EDGAR Filing Document

**Accession Number:** 0001876431
**File Stem:** 0001876431-25-000016
**Filing Date:** 2025-10
**Character Count:** 55173
**Document Hash:** 4ef626f66b6b2e62097c1454c13957a5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001876431-25-000016.hdr.sgml**: 20251021

**ACCESSION NUMBER**: 0001876431-25-000016

**CONFORMED SUBMISSION TYPE**: 6-K/A

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20251021

**DATE AS OF CHANGE**: 20251021

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Prenetics Global Ltd
- **CENTRAL INDEX KEY:** 0001876431
- **STANDARD INDUSTRIAL CLASSIFICATION:** LABORATORY ANALYTICAL INSTRUMENTS [3826]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41401
- **FILM NUMBER:** 251405426

**BUSINESS ADDRESS:**
- **STREET 1:** 7/F, K11 ATELIER, 728 KING'S ROAD
- **CITY:** QUARRY BAY
- **STATE:** K3
- **ZIP:** 000000
- **BUSINESS PHONE:** (852) 2210-7188

**MAIL ADDRESS:**
- **STREET 1:** 7/F, K11 ATELIER, 728 KING'S ROAD
- **CITY:** QUARRY BAY
- **STATE:** K3
- **ZIP:** 000000

**UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

![image_4.jpg](image_4.jpg)

**Amendment No. 1**

**to**

**Form 6-K**

![image_4.jpg](image_4.jpg)

**REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE<br>13a-16 OR 15d-16 UNDER<br>THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of October 2025**

**Commission File Number 001-41401**![image_4.jpg](image_4.jpg)

**Prenetics Global Limited**

---

| | |
|:---|:---|
| **11401 Granite St.**<br>**Charlotte, NC 28273**<br>**USA**  | **Unit 703-706, K11 Atelier**<br>**728 King's Road, Quarry Bay** <br>**Hong Kong** |

---

(Address of principal executive office)

![image_4.jpg](image_4.jpg)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F

------

**INCORPORATION BY REFERENCE**

This Report on Form 6-K (this "Report"), shall be deemed to be incorporated by reference into the registration statements on Form F-3 (File nos. 333-274762, 333-276538 and 333-288824) and Form S-8 (File Nos. 333-287017, 333-279019, 333-271552 and 333-267956) of Prenetics Global Limited (including any prospectuses forming a part of such registration statements) and to be a part thereof from the date on which this Report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

**EXPLANATORY NOTE**

On September 12, 2025, Prenetics Global Limited (the "Company") furnished a press release on Form 6-K that reporting the Company's business and financial updates, as well as the unaudited financial results for the second quarter ended June 30, 2025 (the "Press Release").

This Amendment No. 1 to Form 6-K is being furnished solely to supplement the original Form 6-K by including the Company's condensed consolidated financial statements for the six months ended June 30, 2025. Except as described above, this amendment does not amend or update any other information set forth in the original Form 6-K.

The following document, which is attached as an exhibit hereto, is incorporated by reference herein:

---

| | |
|:---|:---|
| **Exhibit** | **Title** |
| 99.2 | <u>[Condensed Consolidated Financial Statements for the Six Months Ended June 30, 2025](exhibit992-2025q2.htm)</u> |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **Prenetics Global Limited** | **Prenetics Global Limited** |
|  | By: | /s/ Lo Hoi Chun |
|  | Name: | Lo Hoi Chun |
|  | Title: | Chief Financial Officer |
| Date: October 21, 2025 |  |  |

---

## Exhibit 99.2

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**Exhibit 99.2**

**Prenetics Global Limited**

(Incorporated in the Cayman Islands with limited liability)

Condensed Consolidated Financial Statements

For the six months ended June 30, 2025

**Index** 

---

| | |
|:---|:---|
| <u>[Condensed](#ic298ff63b591462297c53e72145aa764_25)[Consolidated Statements of Profit or Loss and Other Comprehensive Income](#ic298ff63b591462297c53e72145aa764_25)</u> | [2](#ic298ff63b591462297c53e72145aa764_25) |
| <u>[Condensed](#ic298ff63b591462297c53e72145aa764_28)[Consolidated Statements of Financial Position](#ic298ff63b591462297c53e72145aa764_28)</u> | [3](#ic298ff63b591462297c53e72145aa764_28) |
| <u>[Condensed](#ic298ff63b591462297c53e72145aa764_31)[Consolidated Statements of Changes in Equity](#ic298ff63b591462297c53e72145aa764_31)</u> | [5](#ic298ff63b591462297c53e72145aa764_31) |
| <u>[Condensed](#ic298ff63b591462297c53e72145aa764_34)[Consolidated Statements of Cash Flows](#ic298ff63b591462297c53e72145aa764_34)</u> | [6](#ic298ff63b591462297c53e72145aa764_34) |
| <u>[Notes to the](#ic298ff63b591462297c53e72145aa764_37)[Condensed](#ic298ff63b591462297c53e72145aa764_37)[Consolidated Financial Statements](#ic298ff63b591462297c53e72145aa764_37)</u> | [8](#ic298ff63b591462297c53e72145aa764_37) |

---

------

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income**

**For the six months ended June 30, 2025**

*(All amounts in thousands of U.S. dollars ("$"), except for share and per share data)*

---

| | | | |
|:---|:---|:---|:---|
| | | **June 30,** | **June 30,** |
|  | ***Note*** | ***2025*** | ***2024*** |
| **Continuing operations** |  |  |  |
| Revenue | 3 | $32276 | $5846 |
| Direct costs |  | (19099) | (899) |
| Gross profit |  | 13177 | 4947 |
| Other income and other net gain | 5 | 8 | 1101 |
| Selling and distribution expenses |  | (9590) | (2750) |
| Research and development expenses |  | (3219) | (4801) |
| Administrative and other operating expenses |  | (18803) | (12969) |
| **Operating loss from continuing operations** |  | (18427) | (14472) |
| Fair value loss on financial assets at fair value through profit or loss |  | (100) | (141) |
| Fair value loss on warrant liabilities |  | (700) | (87) |
| Share of loss of equity-accounted investees, net of tax |  | (409) | (671) |
| Other finance costs |  | (141) | (19) |
| **Loss before taxation** | 6 | (19777) | (15390) |
| Income tax credit | 7 | 13 | 208 |
| **Loss from continuing operations** |  | (19764) | (15182) |
| **Discontinued operation** |  |  |  |
| Loss from discontinued operation, net of tax | 8 | (3979) | (5015) |
| Loss for the period |  | (23743) | (20197) |
| **Other comprehensive expense** |  |  |  |
| Items that will not be reclassified subsequently to profit or loss: |  |  |  |
| &nbsp;&nbsp;&nbsp;Share of other comprehensive income of equity-accounted investees |  | (294) |  |
| &nbsp;&nbsp;&nbsp;Gain on revaluation of intangible assets |  | 285 |  |
| Item that may be reclassified subsequently to profit or loss: |  |  |  |
| &nbsp;&nbsp;&nbsp;Exchange difference on translation of foreign operations |  | 397 | (771) |
| **Other comprehensive expense for the period** |  | 388 | (771) |
| **Total comprehensive expense for the period** |  | $(23355) | $(20968) |
| **Loss attributable to:** |  |  |  |
| Equity shareholders of Prenetics |  | $(22800) | $(19290) |
| Non-controlling interests |  | (943) | (907) |
|  |  | $(23743) | $(20197) |
| **Total comprehensive expense attributable to:** |  |  |  |
| Equity shareholders of Prenetics |  | $(22423) | $(19926) |
| Non-controlling interests |  | (932) | (1042) |
|  |  | $(23355) | $(20968) |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

------

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**Condensed Consolidated Statement of Financial Position**

**At June 30, 2025**

*(All amounts in thousands of U.S. dollars ("$"))*

---

| | | | |
|:---|:---|:---|:---|
| | | **June 30,** | **December 31,** |
|  | ***Note*** | ***2025*** | ***2024*** |
| **Assets** |  |  |  |
| Property, plant and equipment | 10 | $2744 | $3780 |
| Intangible assets |  | 273 | 488 |
| Cryptocurrency | 11 | 20285 |  |
| Goodwill |  | 8194 | 8194 |
| Interests in equity-accounted investees |  | 66693 | 67396 |
| Financial assets at fair value through profit or loss |  | 1103 | 1103 |
| Other non-current assets | 12 | 449 | 451 |
| **Non-current assets** |  | 99741 | 81412 |
| Deferred expenses - current | 14 |  | 3549 |
| Inventories | 13 | 4297 | 4736 |
| Trade receivables | 14 | 1845 | 1372 |
| Deposits, prepayments and other receivables | 14 | 8151 | 7488 |
| Amount due from a disposal group |  | 2012 | 2630 |
| Amount due from a related company |  | 21 | 3 |
| Financial assets at fair value through profit or loss |  | 10462 | 10562 |
| Cash and cash equivalents |  | 17249 | 45406 |
| **Current assets** |  | 44037 | 75746 |
| Assets classified as held for sale |  | 55328 | 59044 |
| **Total assets** |  | $199106 | $216202 |
| **Liabilities** |  |  |  |
| Deferred tax liabilities |  | $5 | $25 |
| Warrant liabilities | 17 | 875 | 175 |
| Lease liabilities | 16 | 1048 | 1760 |
| Other non-current liabilities | 15 | 228 | 230 |
| **Non-current liabilities** |  | 2156 | 2190 |
| Trade payables |  | 4958 | 2007 |
| Accrued expenses and other current liabilities | 15 | 8692 | 7099 |
| Contract liabilities |  | 6623 | 6475 |
| Lease liabilities | 16 | 1526 | 1691 |
| Tax payable |  | 13 | 13 |
| **Current liabilities** |  | 21812 | 17285 |
| Liabilities associated with assets classified as held for sale |  | 24246 | 25370 |
| **Total liabilities** |  | 48214 | 44845 |

---

------

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**Condensed Consolidated Statement of Financial Position - continued**

**At June 30, 2025**

*(All amounts in thousands of U.S. dollars ("$"))*

---

| | | | |
|:---|:---|:---|:---|
| | | **June 30,** | **December 31,** |
|  | ***Note*** | ***2025*** | ***2024*** |
| **Equity** |  |  |  |
| Share capital | 18 | 20 | 19 |
| Reserves |  | 119880 | 137754 |
| Amounts recognized in other comprehensive income and accumulated in equity relating to non-current assets held for sale |  | 31082 | 33673 |
| **Total equity attributable to equity shareholders of the Company** |  | 150982 | 171446 |
| Non-controlling interests |  | (90) | (89) |
| Total equity |  | 150892 | 171357 |
| **Total equity and liabilities** |  | $199106 | $216202 |

---

The accompanying notes are an integral part of these condensed consolidated financial statements.

------

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**Condensed Consolidated Statement of Changes in Equity**

**For the six months ended June 30, 2025**

*(All amounts in thousands of U.S. dollars ("$"))*

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | ***Attributable to equity shareholders of the Company*** | ***Attributable to equity shareholders of the Company*** | ***Attributable to equity shareholders of the Company*** | ***Attributable to equity shareholders of the Company*** | ***Attributable to equity shareholders of the Company*** | ***Attributable to equity shareholders of the Company*** | ***Attributable to equity shareholders of the Company*** | ***Attributable to equity shareholders of the Company*** | ***Attributable to equity shareholders of the Company*** | | |
| | ***Share<br>capital*** | ***Share<br>premium*** | ***Treasury<br>stock*** | ***Translation<br>reserve*** | ***Cryptocurrency revaluation reserve*** | ***Other<br>reserve*** | ***Capital<br>reserve*** | ***Accumulated<br>losses*** | ***Sub-total*** |<br>***Non-<br>controlling<br>interests*** |<br>***Total*** |
| **Balance at January 1, 2024** | $18 | $853202 | $(62) | $(2222) | $— | $(253833) | $80005 | $(470768) | $206340 | $3799 | $210139 |
| **Total comprehensive (expense)/income for the year** |  |  |  |  |  |  |  |  |  |  |  |
| Loss for the year |  |  |  |  |  |  |  | (19290) | (19290) | (908) | (20198) |
| Other comprehensive (expense)/income for the year |  |  |  | (636) |  |  |  |  | (636) | (133) | (769) |
| **Total comprehensive income/(expense) for the year** |  |  |  | (636) |  |  |  | (19290) | (19926) | (1041) | (20967) |
| Change in fair value of liabilities for puttable financial instrument |  |  |  |  |  | (1085) |  |  | (1085) |  | (1085) |
| Equity-settled share-based transactions |  |  |  |  |  |  | 3473 |  | 3473 |  | 3473 |
| Issuance of shares for restricted share unit |  |  |  |  |  |  |  |  |  |  |  |
| Issuance of shares to advisors | 1 | (1) |  |  |  |  |  |  |  |  |  |
| Repurchase of shares |  |  | (576) |  |  |  |  |  | (576) |  | (576) |
| Adjustments of held for sales |  |  |  | 17 |  |  |  |  | 17 |  | 17 |
| **Balance at June 30, 2024 (unaudited)** | 19 | 853201 | (638) | (2841) |  | (254918) | 83478 | (490058) | 188243 | 2758 | 191001 |
| **Balance at January 1, 2025** | $19 | $857333 | $(639) | $(2673) | $— | $(253793) | $87225 | $(517073) | $170399 | $957 | $171356 |
| **Total comprehensive expense for the year** |  |  |  |  |  |  |  |  |  |  |  |
| Loss for the year |  |  |  |  |  |  |  | (22800) | (22800) | (943) | (23743) |
| Other comprehensive expense for the year |  |  |  | 91 | 285 |  |  |  | 376 | 11 | 387 |
| **Total comprehensive expense for the year** |  |  |  | 91 | 285 |  |  | (22800) | (22424) | (932) | (23356) |
| Change in fair value of liabilities for puttable financial instrument |  |  |  |  |  | (211) |  |  | (211) |  | (211) |
| Equity-settled share-based transactions |  |  |  |  |  |  | 3012 |  | 3012 | (15) | 2997 |
| Issuance of shares for restricted share unit | 1 |  |  |  |  |  |  |  | 1 |  | 1 |
| Adjustments of held for sales |  |  |  | 105 |  |  |  |  | 105 |  | 105 |
| **Balance at June 30, 2025 (unaudited)** | 20 | 857333 | (639) | (2477) | 285 | (254004) | 90237 | (539873) | 150882 | 10 | 150892 |

---

------

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**Condensed Consolidated Statement of Cash Flows**

**For the six months ended June 30, 2025**

*(All amounts in thousands of U.S. dollars ("$"))*

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
| **Cash flows from operating activities** |  |  |
| Loss for the period | (23743) | (20197) |
| Adjustments for: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank interest income | (768) | (607) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation | 1813 | 1234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization of intangible assets | 876 | 485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other finance costs | 147 | 16 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value loss on financial assets at fair value through profit or loss | 100 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fair value loss on warrant liabilities | 700 | (81) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net foreign exchange losses | 232 | (641) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Gain)/loss on disposal of property, plant and equipment | (5) | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Write-off on inventories | 689 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Share of loss of equity-accounted investees | 419 | 216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equity-settled share-based payment expenses | 2996 | 1937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income tax credit | (170) | (208) |
|  | (16714) | (17826) |
| Changes in: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease in deferred expenses | 3549 | 2088 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase)/decrease in inventories | (317) | 311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease/(increase) in trade receivables | 739 | (48) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase in deposits, prepayments and other receivables | (1082) | (432) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase)/decrease in amounts due from related companies | (18) | 3 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease in amounts due from equity-accounted investees |  | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease/(increase) in other non-current assets | 74 | (215) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase/(decrease) in trade payables | 2234 | (32) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase/(decrease) in accrued expenses and other current liabilities | 2127 | (1062) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase/(decrease) in contract liabilities | 151 | (568) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decrease in other non-current liabilities | (1) | (358) |
| **Cash used in operating activities** | (9258) | (18133) |
| Income taxes paid |  |  |
| **Net cash used in operating activities** | (9258) | (18133) |

---

------

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**Condensed Consolidated Statements of Cash Flows - continued**

**For the six months ended June 30, 2025**

*(All amounts in thousands of U.S. dollars ("$"))*

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
| **Cash flows from investing activities** |  |  |
| Payment for purchase of property, plant and equipment |  |  |
| Proceeds from disposal of property, plant and equipment | 5 |  |
| Payment for purchase of cryptocurrency | (20000) |  |
| Proceeds from redemption of short-term deposits |  | 16000 |
| Interest received | 768 | 607 |
| **Net cash (used in)/from investing activities** | (19227) | 16607 |
| **Cash flows from financing activities** |  |  |
| Capital element of lease rentals paid | (1204) | (621) |
| Interest element of lease rentals paid | (148) | (17) |
| Proceeds from issuance of shares | 1 |  |
| **Net cash used in financing activities** | (1351) | (638) |
| **Net decrease in cash and cash equivalents** | (29836) | (2164) |
| Cash and cash equivalents at the beginning of the year | 52251 | 45706 |
| **Effect of foreign exchange rate changes** | (407) | (93) |
| **Cash and cash equivalents at the end of the year, represented by** | $22008 | $43449 |
| - Cash and cash equivalents | $17249 | $37385 |
| - Cash and cash equivalents held for sales | 4759 | 6064 |
|  | $22008 | $43449 |

---

------

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**Notes to the condensed consolidated financial statements**

**For the six months ended June 30, 2025**

*(All amounts in thousands of U.S. dollars ("$"), except for share, and otherwise stated)*

**1&nbsp;&nbsp;&nbsp;&nbsp;Basis of preparation**

The condensed consolidated financial statements of Prenetics Global Limited and its subsidiaries (collectively, the "Group") for the six months ended 30 June 2025 have been prepared in accordance with International Accounting Standard 34 ("IAS 34") *Interim Financial Reporting* issued by the International Accounting Standards Board ("IASB"). The Group has prepared the consolidated financial statements on the basis that it will continue to operate as a going concern.

The condensed consolidated financial statements do no include all the information and disclosures required in the annual consolidated financial statements, and should be read in conjunction with the Group's annual consolidated financial statements as at December 31, 2024.

***Restatement relating to the ACT Genomics disposition***

On 18 June 2025, the Prenetics Global Limited (the "Company") announced that the Company had entered into a definitive agreement to divest its 70% equity interest in ACT Genomics Holdings Company Limited ("ACT Genomics"). The disposal was completed on October 1, 2025, on which date control of ACT Genomics passed to the acquirer. The comparative figures in the condensed consolidated financial statements have been restated to re-present the results of ACT Genomics as a discontinued operation.

**2&nbsp;&nbsp;&nbsp;&nbsp;Accounting policies**

The condensed consolidated financial statements have been prepared on the historical cost basis except for certain financial instruments, which are measured at revalued amounts or fair values, as appropriate.

Other than additional/change in accounting policies resulting from application of amendments to IFRS Accounting Standards issued by the IASB and application of certain accounting policies which became relevant to the Group in the current interim period, the accounting policies and methods of computation used in the condensed consolidated financial statements for the six months ended June 30, 2025 are the same as those presented in the Group's annual consolidated financial statements for the year ended December 31, 2024.

***Application of amendments to IFRS Accounting Standards***

In the current interim period, the Group has applied the following amendments to IFRS Accounting Standards issued by the IASB, for the first time, which are mandatorily effective for the Group's annual period beginning on June 30, 2025 for the preparation of the Group's condensed consolidated financial statements:

Amendments to IAS 21 Lack of Exchangeability

The application of the amendments to IFRS Accounting Standards issued by the IASB in the current interim period has had no material impact on the Group's financial positions and performance for the current and prior periods and/or on the disclosures set out in these condensed consolidated financial statements

------

**<u>**Table of Contents**</u>**

**3&nbsp;&nbsp;&nbsp;&nbsp;Revenue** 

The Group derives its revenue from contracts with customers for the transfer of goods and services both at a point in time and over time, across the following major product lines. The disclosure of revenue by product line is consistent with the revenue information that is disclosed for each reportable segment under IFRS 8 *Operating Segments* ("IFRS 8") (see note 4).

**Disaggregation of revenue**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| ***Continuing operations*** |  |  |
| **External revenue by product line** |  |  |
| Prevention - genetic testing | $4753 | $5846 |
| Consumer health - health and wellness solutions | 15486 |  |
| Consumer health - sports distribution | 12037 |  |
|  | $32276 | $5846 |

---

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| ***Continuing operations*** |  |  |
| **External revenue by timing of revenue** |  |  |
| Goods transferred at a point in time | $27262 | $— |
| Services transferred at a point in time | 4753 | 5846 |
| Services transferred overtime | 261 |  |
|  | $32276 | $5846 |

---

***Revenue expected to be recognized in the future arising from contracts with customers in existence at the report date***

As at June 30, 2025 and December 31, 2024, the amount of service fee income allocated to the remaining performance obligations under the Group's existing non-refundable contracts were $6,623 and $6,475, respectively. The Group will recognize the expected revenue in the future when the performance obligations are fulfilled, which may be after one year from the end of the reporting period. Such amount does not include any variable consideration.

**4&nbsp;&nbsp;&nbsp;&nbsp;Segment information**

**Products and services from which reportable segments derive their revenues**

The Group manages its businesses by divisions, which are organized based on the nature of the products and services offered. For management purposes, the Group is divided into two reportable segments under IFRS 8, which align with how the Group's Chief Operating Decision Maker (the "CODM") reviews financial performance and allocates resources.

The Group operates its businesses in three reportable segments: (i) Prevention segment, and (ii) Consumer Health segment. The Group's reportable segments are as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.Prevention being the design and sale of genetic testing; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.Consumer Health being provision of consumer health products, including health and wellness products, and fulfillment and distribution services of sports nutrition products.

------

**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**4&nbsp;&nbsp;&nbsp;&nbsp;Segment information (continued)**

The following is an analysis of the Group's revenue and gross profit from continuing operations by reportable segments. Performance is measured based on gross profit from continuing operations, as included in the internal management reports that are reviewed by the CODM:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | ***Prevention*** | ***Consumer Health*** | ***Unallocated*** | ***Total from continuing operations*** |
| ***For the six months ended June 30, 2025*** | | | | |
| Revenue | $4752 | $27524 | $— | $32276 |
| Gross profit | 3995 | 9182 |  | 13177 |
| ***For the six months ended June 30, 2024 (Restated)*** |  |  |  |  |
| Revenue | 5846 | n/a |  | 5846 |
| Gross profit | 4947 | n/a |  | 4947 |

---

Unallocated direct costs represent the unallocated depreciation and amortization related to property, plant and equipment and intangible assets commonly used across segments, and certain staff costs commonly worked across segments.

Segment revenue from continuing operations reported above represents revenue generated from external customers. There were no inter-segment sales for the six months ended June 30, 2025 and 2024.

No analysis of the Group's assets and liabilities by reportable segment is disclosed as they are not regularly provided to the CODM for review.

Segment gross profit represents the gross profit earned by each segment without allocation of certain direct costs associated with depreciation and amortization and certain staff costs commonly used across segments. This is the measure reported to the CODM for the purposes of resource allocation and performance assessment.

The following is the reconciliation of the reportable segments' gross profit from continuing operation to the loss before taxation for the six months ended June 30, 2025 and 2024.

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| Gross profit | 13177 | 4947 |
| Other income and other net gain | 8 | 1101 |
| Selling and distribution expenses | (9590) | (2750) |
| Research and development expenses | (3219) | (4801) |
| Administrative and other operating expenses | (18803) | (12969) |
| Operating loss from continuing operations | (18427) | (14472) |
| Fair value loss on financial assets at fair value through profit or loss | (100) | (141) |
| Fair value loss on warrant liabilities | (700) | (87) |
| Share of loss of equity-accounted investees, net of tax | (409) | (671) |
| Other finance costs | (141) | (19) |
| Loss before taxation | (19777) | (15390) |

---

**Revenues from major products and services**

The Group's revenues from continuing operations from its major products and services are disclosed in note 3.

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**4&nbsp;&nbsp;&nbsp;&nbsp;Segment information (continued)**

**Geographical information**

Information about the Group's revenue from continuing operations from external customers is presented based on the location of the customers. Information about the Group's non-current assets is presented based on the geographical location of the assets.

***Continuing operations***

---

| | | | | |
|:---|:---|:---|:---|:---|
| | ***Revenue from external customers*** | ***Revenue from external customers*** | ***Non-current assets*** | ***Non-current assets*** |
| | **June 30,** | **June 30,** | **June 30,** | **December 31,** |
|  | ***2025*** | ***2024*** | ***2025*** | ***2024*** |
|  |  | *(Restated)* |  | *(Restated)* |
| Hong Kong | $6617 | $5846 | $68010 | $69307 |
| The United States | 25659 |  | 30426 | 10764 |
| Rest of the world |  |  | 202 | 238 |
|  | $32276 | $5846 | $98638 | $80309 |

---

Non-current assets exclude those relating to discontinued operation, financial assets at fair value through profit or loss and deferred tax assets.

**Information about major customers**

No single customer from continuing operations contributed 10% or more to the Group's revenue from continuing operations during the six months ended June 30, 2025 and 2024.

**5&nbsp;&nbsp;&nbsp;&nbsp;Other income and other net gain**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| **Continuing operations** |  |  |
| Government subsidies (Note) | $79 | $— |
| Bank interest income | 731 | 1047 |
| Net foreign exchange (losses)/gains | (841) | 34 |
| Sundry income | 39 | 20 |
|  | $8 | $1101 |

---

Note:&nbsp;&nbsp;&nbsp;&nbsp;During the six months ended 30 June 2025, the Group obtained government subsidies of $79 under the Research Talent Hub program of Innovation and Technology Fund, administered by the Innovation and Technology Commission of The Government of Hong Kong Special Administrative Region. The Research Talent Hub aims to provide funding support for companies undertaking research and development projects funded by the Innovation and Technology Fund to engage research talent to conduct research and development work.

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**<u>**Table of Contents**</u>**

**6&nbsp;&nbsp;&nbsp;&nbsp;Income tax credit**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| **Continuing operations** |  |  |
| **Current tax - Overseas** |  |  |
| Current period | $(7) | $— |
| **Deferred tax** |  |  |
| Origination and reversal of temporary differences | 20 | 208 |
| **Tax credit** | $13 | $208 |

---

The provision for Hong Kong Profits Tax is calculated by applying the estimated annual effective tax rate of 16.5% for the six months ended June 30, 2025 and 2024, except for one subsidiary of the Group which is a qualifying corporation under the two-tiered Profits Tax rate regime.

The U.S. federal tax rate is 21% for the six months ended June 30, 2025 and 2024.

Taxation for other overseas subsidiaries and branch is charged at the appropriate current rates of taxation ruling in the relevant countries.

**7&nbsp;&nbsp;&nbsp;&nbsp;Loss for the period**

Loss for the period has been arrived at after charging:

***(a)Other finance costs***

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| **Continuing operations** |  |  |
| Interest expenses on lease liabilities | $141 | $19 |

---

***(b)Staff costs***

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| **Continuing operations** |  |  |
| Salaries, wages and other benefits | $10740 | $8483 |
| Contributions to defined contribution retirement plan | 45 | 69 |
| Equity-settled share-based payment expenses | 2005 | 3273 |
|  | $12790 | $11825 |
| Represented by: |  |  |
| Direct costs | $1139 | $71 |
| Selling and distribution expenses | 767 | 495 |
| Research and development expenses | 3168 | 4348 |
| Administrative and other operating expenses | 7716 | 6911 |
| Total staff costs | $12790 | $11825 |

---

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**7&nbsp;&nbsp;&nbsp;&nbsp;Loss for the period - continued**

***(c)Other items***

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| **Continuing operations** |  |  |
| Cost of inventories | $8650 | $150 |
| Depreciation of |  |  |
| - property, plant and equipment | 216 | 581 |
| - right-of-use assets | 822 | 500 |
| Amortization of intangible assets | 210 | 230 |
| Auditor's remuneration | 436 | 454 |
| Freight and delivery charges | 8680 | 394 |
| Total depreciation and amortization charges represented by: |  |  |
| Direct costs | $81 | $172 |
| Research and development expenses | 43 | 125 |
| Administrative and other operating expenses | 1124 | 1013 |
| Total depreciation and amortization charges | $1248 | $1310 |

---

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**8&nbsp;&nbsp;&nbsp;&nbsp;Discontinued operation**

On June 18, 2025, the Company entered into a sale and purchase agreement to dispose of its entire interests in ACT Genomics and its subsidiaries to customary closing conditions.

The assets and liabilities attributable to ACT Genomics, which are expected to be transferred to the acquirer upon completion within twelve months, have been classified as a disposal group held for sale in accordance with IFRS 5 Non-current Assets Held for Sale and Discontinued Operations ("IFRS 5") and are presented separately in the condensed consolidated statement of financial position. In accordance with IFRS 5, the comparative figures for the six months ended June 30, 2024 have been restated to present the results of ACT Genomics as a discontinued operation.

The net proceeds of disposal are expected to exceed the net carrying amount of the disposal group and accordingly, no impairment loss has been recognized.

The major classes of assets and liabilities of ACT Genomics classified as held for sale are as follows:

---

| | |
|:---|:---|
| Property, plant and equipment | $3785 |
| Intangible assets | 10434 |
| Goodwill | 29170 |
| Interests in equity-accounted investees | 866 |
| Other non-current assets | 829 |
| Inventories | 1898 |
| Trade receivables | 2663 |
| Deposits, prepayments and other receivables | 924 |
| Cash and cash equivalents | 4759 |
| Total assets classified as held for sale | $55328 |

---

---

| | |
|:---|:---|
| Deferred tax liabilities | $1987 |
| Other non-current liabilities | 98 |
| Trade payables | 945 |
| Accrued expenses and other current liabilities | 2788 |
| Amount due to PRE | 1897 |
| Contract liabilities | 18 |
| Lease liabilities | 1993 |
| Liabilities for puttable financial instrument | 14520 |
| Total liabilities classified as held for sale | $24246 |

---

Cumulative amount of $30,965 relating to the disposal group classified as held for sale has been recognized in other comprehensive income and included in equity.

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**8&nbsp;&nbsp;&nbsp;&nbsp;Discontinued operation - continued**

**Results of discontinued operation**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| Revenue | $6053 | $6606 |
| Direct costs | (3620) | (3922) |
| Gross profit | 2433 | 2684 |
| Other income and other net losses | 471 | 400 |
| Selling and distribution expenses | (1385) | (1565) |
| Research and development expenses | (872) | (956) |
| Administrative and other operating expenses | (4767) | (5811) |
| **Loss from operating activities** | (4120) | (5248) |
| Share of (loss)/gain of equity-accounted investees, net of tax | (10) | 91 |
| Other finance costs | (6) | (25) |
| **Loss from discontinued operation before taxation** | (4136) | (5182) |
| Income tax credit | 157 | 167 |
| **Loss from discontinued operation, net of tax** | $(3979) | $(5015) |
| **Loss per share** |  |  |
| Basic | (0.23) | (0.34) |
| Diluted | (0.23) | (0.34) |

---

The loss from discontinued operation of $3,037 and $4,109 was attributable to the equity shareholders of the Company and $942 and $906 was attributable to the non-controlling interests for the six months ended June 30, 2025 and 2024, respectively. The total comprehensive expense from continuing operations of $19,375 and $15,951 was attributable entirely to the equity shareholders of the Company and $1 and $2 was attributable to the non-controlling interests for the six months ended June 30, 2025 and 2024, respectively.

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**9&nbsp;&nbsp;&nbsp;&nbsp;Loss per share**

**From continuing and discontinued operations**

The calculation of basic and diluted loss per share from continuing and discontinued operations attributable to owners of the Company is based on the following data:

---

| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| **Loss** |  |  |
| Loss for the purpose of basic and diluted loss per share being net loss attributable to equity shareholders of the Company |  |  |
| - from continuing operations | $(19763) | $(15181) |
| - from discontinued operation | (3037) | (4109) |
|  | $(22800) | $(19290) |
| **Number of shares** |  |  |
| Weighted-average number of ordinary shares for the purposes of basic and diluted loss per share | 13126271 | 12219121 |

---

At June 30, 2025, 755,870 shares underlying restricted share units (RSUs) and 1,492,307 shares underlying warrants were excluded from the diluted weighted-average number of ordinary shares calculation because their effect would have been anti-dilutive. At December 31, 2024, 1,214,951 shares underlying restricted share units (RSUs) and 1,492,307 shares underlying warrants were excluded from the diluted weighted-average number of ordinary shares calculation because their effect would have been anti-dilutive.

**10&nbsp;&nbsp;&nbsp;&nbsp;Property, plant and equipment**

During the six months ended June 30, 2025, the Group had no addition incurred. During the six months ended June 30, 2024, the Group incurred $884 for leasehold improvement for a new warehouse. No material write-off or disposal were incurred during both six months ended June 30, 2025 and 2024.

**11&nbsp;&nbsp;&nbsp;&nbsp;Cryptocurrency**

The Company's holdings of cryptocurrency consist of the following:

---

| | | |
|:---|:---|:---|
| | **June 30,** | **December 31,** |
|  | ***2025*** | ***2024*** |
| Bitcoin | $20285 | $— |

---

The movement in the Group's cryptocurrency holdings was as follows:

---

| | | |
|:---|:---|:---|
| | **Number of Bitcoin** | **Amount** |
| **Balance at January 1** |  | $— |
| Acquisition of cryptocurrency | 187.42 | 20000 |
| Revaluation adjustment |  | 285 |
| **Balance at June 30** | 187.42 | $20285 |

---

Cryptocurrency held are revalued each reporting period based on the fair market value of the price of Bitcoin on the reporting date. At June 30, 2025, the price of Bitcoin was $108,235, resulting in total revaluation gain of $285.

Cryptocurrency were measured at fair value using the quoted prices on the Kraken during the six months ended June 30, 2025. The Company began using Kraken for determining the fair value of its cryptocurrency as its principal market during the six months ended June 30, 2025. The Company believes any price difference between the principal market and an aggregated price to be immaterial.

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**12&nbsp;&nbsp;&nbsp;&nbsp;Other non-current assets**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **December 31,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| Deposits and prepayments | $449 | $451 |

---

The balances are classified as non-current assets as they are either expected to be (i) recovered or recognized as expense after one year, or (ii) capitalized as property, plant and equipment after the end of the reporting period.

**13&nbsp;&nbsp;&nbsp;&nbsp;Inventories**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **December 31,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| Consumables and reagent | $374 | $397 |
| Work in progress |  | 19 |
| Finished goods | 3923 | 4320 |
|  | $4297 | $4736 |

---

For the six months ended June 30, 2025 and 2024, inventories of $8,650 and $150, respectively, were recognized as an expense during the year and included in 'direct costs'.

In addition, inventories have been reduced by $675 and $19 as a result of the write-down to net realizable value for the six months ended June 30, 2025 and 2024, respectively. This write-down was recognized as an expense during 2025 and 2024. The write-downs are included in 'direct costs'.

All inventories are expected to be recovered within one year.

**14&nbsp;&nbsp;&nbsp;&nbsp;Trade and other receivables and deferred expenses**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **December 31,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| Trade receivables, net of loss allowance | $1845 | $1372 |
| Deposits, prepayments and other receivables |  |  |
| - deposits | 308 | 465 |
| - prepayments | 7507 | 6736 |
| - other receivables | 336 | 287 |
|  | 8151 | 7488 |
| Deferred expenses (note) |  | 3549 |
|  | $9996 | $12409 |

---

Note:&nbsp;&nbsp;&nbsp;&nbsp;Deferred expenses represent advance payments for employee-related costs, which were amortized over the relevant service periods and recognized as expenses when the related services are rendered. Amounts expected to be amortized within one year are classified as current assets.

All trade receivables, deposits, prepayments and other receivables are expected to be recovered or recognized as expense within one year. Trade receivables are due within 30 to 90 days from the date of billing.

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**15&nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other current liabilities**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **December 31,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| ***Current*** |  |  |
| Accrued staff costs | $548 | $495 |
| Accrued expenses | 7963 | 5119 |
| Accrued professional fee | 47 | 43 |
| Deposit liabilities | 37 | 507 |
| Other payables and accruals | 97 | 935 |
|  | 8692 | 7099 |
| ***Non-current*** |  |  |
| Other non-current liabilities | 228 | 230 |
|  | $8920 | $7329 |

---

All of the accrued expenses and other current liabilities are expected to be settled within one year or repayable on demand.

**16&nbsp;&nbsp;&nbsp;&nbsp;Lease liabilities**

---

| | | |
|:---|:---|:---|
| | **June 30,** | **December 31,** |
|  | ***2025*** | ***2024*** |
| Within 1 year | $1526 | $1691 |
| After 1 year but within 2 years | 1009 | 1325 |
| After 2 years but within 5 years | 39 | 435 |
| After 5 years |  |  |
|  | 1048 | 1760 |
| Total | $2574 | $3451 |

---

**17&nbsp;&nbsp;&nbsp;&nbsp;Warrant liabilities**

The reverse recapitalization has included the issuance of 1,492,307 warrants. Each warrant entitles the holder to purchase one Class A ordinary share of the Company at an exercise price of $8.91 per whole share (equivalent to $133.65 per whole share after reverse stock split). The warrants are exercisable from May 18, 2022 and will expire on May 18, 2027.

The warrants are listed on NASDAQ under the trading symbol "PRENW" and are measured based on the market price.

Movement of the balance during the six months ended June 30, 2025 and 2024 is as follow:

---

| | | |
|:---|:---|:---|
|  | ***2025*** | ***2024*** |
| **Balance at January 1** | $175 | $224 |
| Change in fair value recognized in profit or loss | 700 | 87 |
| **Balance at June 30** | $875 | $311 |

---

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**18&nbsp;&nbsp;&nbsp;&nbsp;Share capital**

***Movement in ordinary shares of the Company***

***Authorized and issued share capital***

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | ***2025*** | ***2025*** | ***2024*** | ***2024*** |
|  | *Note* | ***No. of<br>shares*** |  | ***No. of<br>shares*** |  |
| Authorized Class A ordinary shares of $0.0015 each | (i) | 30000001 | $45 | 30000001 | $45 |
| Authorized Class B ordinary shares of $0.0015 each | (i) | 3333333 | 5 | 3333333 | 5 |
|  |  | 33333334 | $50 | 33333334 | $50 |
| **Class A ordinary shares, issued and fully paid:** |  |  |  |  |  |
| Balance at January 1 |  | 11403872 | $17 | 10624228 | $16 |
| Share issued for vesting of RSUs |  | 545160 | 1 | 12026 |  |
| Share issued for advisors | (ii) |  |  | 465139 | 1 |
| **Balance at June 30** | (iii) | 11949032 | $18 | 10636254 | $16 |
| **Class B ordinary shares, issued and fully paid:** |  |  |  |  |  |
| **Balance at January 1 and June 30** | (iv) | 1580972 | $2 | 1580972 | $2 |
| **Total share capital** |  |  | $20 |  | $18 |

---

Notes:

(i)The authorized share capital of the Company is $50 divided into 33,333,334 shares with a par value of $0.0001 each (equivalent to $0.0015 each after reverse stock split), of which (i) 30,000,001 shares shall be designated as Class A Ordinary Shares; (ii) 3,333,333 shares shall be designated as convertible Class B Ordinary Shares. The share capital would reflect the par value with the excess recorded as share premium.

(ii)The Company issued shares to advisors during the six months period ended June 30, 2024.

(iii)Class A ordinary shareholders are entitled to receive dividends as declared from time to time and are entitled to one vote per share at meetings of the Company. All ordinary shares rank equally with regard to the Group's residual assets.

(iv)Class B ordinary shareholders are entitled to receive dividends as declared from time to time and are entitled to twenty vote per share at meetings of the Company. All ordinary shares rank equally with regard to the Group's residual assets.

**19&nbsp;&nbsp;&nbsp;&nbsp;Equity-settled share-based transactions**

On June 16, 2021, Prenetics HK terminated two share option schemes which were approved in 2014 and 2016 (collectively as the "Option Schemes") and one restricted share scheme which was approved in 2017 (the "Restricted Share Scheme"), and were rolled up to a new ESOP scheme of PHCL (the "PHCL 2021 Plan").

Following the consummation of the reverse recapitalization, no further awards would be granted under the PHCL 2021 Plan and all RSU with respect to PHCL ordinary shares that were outstanding under the PHCL 2021 Plan have been replaced by Prenetics 2022 Share Incentive Plan (the "Prenetics 2022 Plan"). There was no incremental fair value in addition to the original grant-date fair value of those cancels under PHCL 2021 Plan as a result of the replacement with Prenetics 2022 Plan.

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**19&nbsp;&nbsp;&nbsp;&nbsp;Equity-settled share-based transactions - continued**

***(a)Prenetics 2022 Plan***

The number of RSUs and aggregate fair value of RSUs granted to certain employees, directors and third parties under Prenetics 2022 Plan were as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Grant date** | **Number of RSUs** | **Closing price per ordinary share less subscription price per ordinary share** | **Aggregate fair value of the RSUs** |
| On May 18, 2022 | 144522 | $7.64 | $1104148 |
| On June 30, 2022 | 2446557 | 4.04 | 9884090 |
| On December 31, 2022 | 946330 | 2.00 | 1892660 |
| On February 1, 2023 | 66666 | 1.49 | 99332 |
| On June 23, 2023 | 16486108 | 0.90 | 14874763 |
| On June 30, 2023 | 2403529 | 0.79 | 1903341 |
| On December 31, 2023 | 7928 | 3.39 | 26855 |
| On June 3, 2024 | 176902 | 5.43 | 960158 |
| On June 28, 2024 | 24590 | 5.92 | 145574 |
| On June 30, 2024 | 75665 | 4.69 | 355038 |
| On July 2, 2024 | 38800 | 4.26 | 165254 |
| On July 15, 2024 | 20833 | 3.17 | 66041 |
| On August 1, 2024 | 13971 | 5.60 | 78238 |
| On August 22, 2024 | 26786 | 2.50 | 66965 |
| On September 9, 2024 | 20576 | 4.59 | 94444 |
| On October 7, 2024 | 30364 | 2.13 | 64675 |
| On December 1, 2024 | 6696 | 4.47 | 29931 |
| On December 31, 2024 | 15805 | 5.80 | 91669 |
| On January 30, 2025 | 18484 | 5.41 | 100000 |
| On March 1, 2025 | 40650 | 4.92 | 200000 |
| On April 8, 2025 | 2500 | 3.65 | 9125 |
| On May 23, 2025 | 57060 | 10.31 | 588289 |
| On June 1, 2025 | 538 | 9.3 | 5003 |
| On June 16, 2025 | 9352 | 7.01 | 65558 |
| On June 30, 2025 | 60975 | 8.52 | 519507 |

---

The RSUs granted were measured at the closing price per ordinary share less subscription price per ordinary share on grant date. The Company recognized employee share-based compensation benefits over the vesting period.

The RSUs outstanding at June 30, 2025 had an exercise price ranged from 0.001 to 2.96 per ordinary share (2024: from 0.001 to 2.96 per ordinary share), and a range of vesting period up to 3 years (2024: up to 3 years).

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**<u>[**Table of Contents**](#ic298ff63b591462297c53e72145aa764_19)</u>**

**19&nbsp;&nbsp;&nbsp;&nbsp;Equity-settled share-based transactions - continued**

The number and weighted average exercise prices of the RSUs are as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | ***2025*** | ***2025*** | ***2024*** | ***2024*** |
|  | ***Weighted average exercise price*** | ***Number of RSUs*** | ***Weighted average exercise price*** | ***Number of RSUs*** |
| Balance at January 1 | $0.06 | 9906708 | $0.06 | 11081359 |
| Granted |  | 196255 | 0.70 | 277157 |
| Cancelled | 2.25 | (56703) | 2.96 | (1692) |
| Exercised | 0.002 | (6926398) |  |  |
| **Outstanding balance at June 30** | $0.06 | 3119862 | $0.06 | 11356824 |
| **Exercisable balance at June 30** | $0.010 | 1466233 | $0.084 | 1884780 |

---

During the six months ended June 30, 2025, equity-settled share-based payment expenses in respect of the Prenetics 2022 Plan of $3,054 (2024: $2,764) was recognized in profit or loss, respectively. The remaining balance is recognized in profit or loss over the remaining vesting period.

***(b)PHCL 2021 Plan***

Details of the RSUs outstanding at June 30, 2025 and 2024 are as follows:

---

| | | |
|:---|:---|:---|
| | ***Number of instruments*** | ***Number of instruments*** |
| | **June 30,** | **December 31,** |
|  | ***2025*** | ***2024*** |
| RSUs granted to directors |  | 821111 |
| RSUs granted to employees |  | 2126 |
| RSUs granted to third parties | 11710 | 11710 |
|  | 11710 | 834947 |

---

Under the PHCL 2021 Plan, PHCL granted 3,933,063 RSUs to certain employees, directors and third parties on June 16, 2021 and 63,934 RSUs in December 2022 to certain directors, employees and third parties, respectively.

The fair value of services received in return for the RSUs granted was measured by reference to the fair value of share options granted in 2021 and 2022. The estimate of the fair value of the share options granted was measured based on Black-Scholes Model. The contractual life of RSUs was used as an input into this model.

---

| | | |
|:---|:---|:---|
|  | ***2021*** | ***2021*** |
| **Fair value of RSUs and key assumptions** |  |  |
| Fair value at measurement date | $13.89 - $18.91 | $13.89 - $18.91 |
| Share price | $13.89 - $18.91 | $13.89 - $18.91 |
| Exercise price | $| 0.01 |
| Expected volatility | 41.03% - 44.26% | 41.03% - 44.26% |
| Expected option life | 1 year | 1 year |
| Expected dividends | nil | nil |
| Risk-free interest rate | 1% - 1.13% | 1% - 1.13% |
| Likelihood of achieving a redemption event | 5 | 5% |
| Likelihood of achieving a liquidity event | 5 | 5% |

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**19&nbsp;&nbsp;&nbsp;&nbsp;Equity-settled share-based transactions - continued**

The number and weighted average exercise prices of the RSUs are as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
|  | ***2025*** | ***2025*** | ***2024*** | ***2024*** |
|  | ***Weighted<br>average<br>exercise price*** | ***Number of<br>RSUs*** | ***Weighted<br>average<br>exercise price*** | ***Number of<br>RSUs*** |
| Balance at January 1 | $0.01 | 834947 | $0.01 | 834947 |
| Exercised | 0.01 | (823237) | n/a |  |
| Forfeited | n/a |  | n/a |  |
| Cancelled |  |  |  |  |
| **Outstanding balance at June 30** | $0.01 | 11710 | $0.01 | 834947 |
| **Exercisable balance at June 30** | $0.01 | 11710 | $0.01 | 834947 |

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The RSUs outstanding at June 30, 2025 had a weighted average exercise price of $0.01 per ordinary share (2024: $0.01 per ordinary share).

The aggregate fair value of the RSUs granted to the selected employees on the dates of grants on June 30, 2021 and December 31, 2021 was $54,646 ($13.89 per share) and $1,209 ($18.91 per share) respectively. The Company recognized employee share-based compensation benefits according to the restriction conditions.

During the six months ended June 30, 2025, no equity-settled share-based payment expenses in respect of the PHCL 2021 Plan was recognized in profit or loss.

During the six months ended June 30, 2024, equity-settled share-based payment expenses in respect of the PHCL 2021 Plan of $557 was recognized in profit or loss.

**20&nbsp;&nbsp;&nbsp;&nbsp;Related parties**

Apart from balances and transactions disclosed elsewhere in these condensed consolidated financial statements, the Group has also entered into the following related party transactions under the normal course of the Group's business:

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| | | |
|:---|:---|:---|
| | **June 30,** | **June 30,** |
|  | ***2025*** | ***2024*** |
|  |  | *(Restated)* |
| Services recharge received from a related party (Note(a)) | $15 | $15 |
| Services recharge received from an equity-accounted investee (Note(b)) | 23 |  |

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Notes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)During the six months ended June 30, 2025, the Group entered into transactions with a company in which one of the Group's directors also holds a key management position. As a result of this common directorship, the counterparty is considered a related party in accordance with IAS 24 *Related Party Disclosures*. The Group received service fees of $15 (2024: $15) from this related party for the provision of office support services.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Service recharged received from an equity-accounted investee represents the office supporting services. There is $8 and nil outstanding balance at June 30, 2025 and December 31, 2024 in relation to these transactions, respectively.

All transactions were conducted in the ordinary course of business and on an arm's-length basis.

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**21&nbsp;&nbsp;&nbsp;&nbsp;Events after the reporting period**

On October 1, 2025, the Group completed the divestment of its 70% equity interest in ACT Genomics on a fully diluted basis for a total consideration of approximately $46.0 million. The transaction was completed subsequent to the reporting period and therefore the gain or loss on disposal has not been recognized in the condensed consolidated financial statements.