Asia Wealth Group Holdings Ltd - AUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2026

17 August 2026

Asia Wealth Group Holdings Limited

("Asia Wealth", the “Group” or the "Company")

AUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2026

Chairman’s Statement

The Board is pleased to report the audited results of the Company for the Financial Year from 1 March 2025 to 28 February 2026. The audited accounts will shortly be available on the Company’s website, www.asiawealthgroup.com.

The Company reports a consolidated profit of US$30,562 (2025: Profit US$2,004).

The Company continues to search for new areas of business expansion opportunities in South East Asia and in Europe, where it is has identified and engaged in meaningful discussions. The Company’s main source of income continued to be through Meyer Asset Management Ltd, a wholly owned subsidiary of the Company.

The Board remains focused on further acquisitions and partnerships in Asia and Europe as well as the south-east Asian region. The Board has a cash surplus to seek further acquisitions and is currently in active discussions with businesses in the wealth management and clean energy space.

I would again like to thank the Company’s staff for their hard work throughout the year and shareholders for their support and we look forward to taking advantage of the opportunities which we expect to encounter in the forthcoming year.

The Directors do not recommend the payment of a dividend for the year ended 28 February 2026.

Richard Cayne

Chairman

The Directors of the Company accept responsibility for the content of this announcement.

Contacts:

Richard Cayne (Chairman and CEO)

Asia Wealth Group Holdings Limited, +66 (0) 2611-2561

Corporate Advisers

AlbR Capital Limited, +44 (0)20 7469 0930

ASIA WEALTH GROUP HOLDINGS LIMITED

Consolidated Statement of Financial Position
At 28 February 2026
Expressed in U.S. Dollars

		2026		2025


Non-current assets

Fixed assets		66,925		10,126
Investment property		678,755		619,036

		745,680		629,162

Current assets

Cash and cash equivalents		841,827		1,077,831
Trade receivables (net of allowance for doubtful
accounts of $8,572 (2025: $8,572))		18,520		92,121
Loans and other receivables		76,357		49,806
Due from director		463,020		424,838
Prepaid tax		611		888
Prepayments and other assets		89,317		83,122

		1,489,652		1,728,606

Total assets	$	2,235,332	$	2,357,768

Equity

Share capital		913,496		913,496
Treasury shares		(318,162)		(318,162)
Consolidation reserve		391,793		391,793
Translation reserve		71,672		34,529
Retained earnings		305,342		274,780

Total equity		1,364,141		1,296,436

Current liabilities

Trade payables		790,526		1,012,202
Tax payable		739		39
Other payables and accrued expenses		79,926		49,091

Total liabilities		871,191		1,061,332

Total equity and liabilities	$	2,235,332	$	2,357,768


ASIA WEALTH GROUP HOLDINGS LIMITED

Consolidated Statement of Comprehensive Income
For the year ended 28 February 2026
Expressed in U.S. Dollars

		2026		2025

Revenue

Commission income		730,789		962,319

		730,789		962,319

Expenses

Directors’ fees		267,425		302,015
Professional fees		238,856		227,266
Commission expense		92,017		279,726
Salaries and wages		79,552		43,589
Travel and entertainment		64,833		57,796
Office expenses		51,893		42,259
Insurance expense		32,427		29,372
Rent		23,137		17,534
Depreciation		12,816		1,873
Marketing		4,674		4,765
Bad debt expenses		3,525		-
Other expenses		25,708		16,103

		896,863		1,022,298

Net income/(loss) from operations		(166,074)		(59,979)

Other income/(expenses)

Net foreign exchange loss		158,752		27,202
Other income		39,162		35,278

		197,914		62,480


Net income before taxation		31,840		2,501

Taxation		1,278		497

Total comprehensive income	$	30,562	$	2,004

Total comprehensive income attributable to equity
holders of the Parent Company	$	30,562	$	2,004

Earnings (loss) per share attributable to the equity holders of the Parent Company:

Basic earnings per share	$	0.00275	$	0.00018

Diluted earnings per share	$	0.00275	$	0.00018


ASIA WEALTH GROUP HOLDINGS LIMITED

Consolidated Statement of Cash Flows
For the year ended 28 February 2026
Expressed in U.S. Dollars

			2026		2025
Operating activities

Net income before taxation			31,840		2,501

Adjustments for:
	Net foreign exchange (gain)/loss		(27,202)		40,568
	Impairment losses		3,525		-
	Depreciation		12,816		1,873
	Interest income		(4,907)		(14,622)


Net operating income before changes in operating assets and liabilities			16,072		30,320

Changes in operating assets and liabilities:
	Decrease in trade receivables		70,076		17,488
	Increasein loans and other receivables		(26,551)		(16,849)
	Increase in prepaid tax		(301)		(502)
	Increase in prepayments and other assets		(6,195)		(9,734)
	Decrease in trade payables		(221,676)		(32,484)
	Increase in other payables and accrued expenses		30,835		1,889

Net cash flows used in operations			(137,740)		(9,872)

	Interest income received		4,907		9,556

Net cash flows used in operating activities			(132,833)		(316)

Investing activities

Acquisition of fixed assets			(69,615)		(6,814)

Cash flows used in investing activities			(69,615)		(6,814)

Financing activities

Net movement (to)/from director			(38,182)		14,020

Cash flows (used in)/from financing activities			(38,182)		14,020

Net (decrease)/increase in cash and cash equivalents			(240,630)		6,890

Effects of exchange rate fluctuations on cash and cash equivalents			4,626		(52,021)

Cash and cash equivalents at beginning of year			1,077,831		1,122,962

Cash and cash equivalents at end of year		$	841,827	$	1,077,831

Cash and cash equivalents comprise cash at banks.