Mailpac group limited – 1st quarter unaudited financial statements for the period ended march 31, 2026

MAILPAC GROUP LIMITED U N AUDITED FI N A N CIAL STATEME N TS THREE (3) MO N THS E N DED March 31, 2026

Page (s) Directors' Report to the Shareholders 3 Unaudited Statement of Financial Position 4 Unaudited Statement of Comprehensive Income 5 Unaudited Statement of Changes in Equity 6 Unaudited Statement of Cash Flows 7 Notes to the Unaudited Financial Statements 8-12 13-14 MAILPAC GROUP LIMITED U N AUDITED FI N A N CIAL STATEME N TS THREE (3) MO N THS E N DED March 31, 2026 TABLE OF CO N TE N TS Top 10 Shareholders & Shareholdings of Directors, Officers and Connected Parties

Page 3 DIRECTORS’ REPORT TO SHAREHOLDERS Dear Shareholders, On behalf of the Board of Directors, I am pleased to present the unaudited financial results of Mailpac Group Limited ("Mailpac" or the "Company") for the three-month period ended March 31, 2026. The Company has commenced the financial year on a positive footing, delivering another quarter of revenue and earnings growth while continuing to invest in the operational capabilities that will support our long-term strategy. Financial Performance Revenue for the quarter increased by 10.3% to J$790.1 million, compared with J$716.4 million in the corresponding period of 2025. Gross profit improved to J$447.7 million, representing growth of 15.2% over the prior year, reflecting continued growth in customer activity together with ongoing improvements in operational efficiency. Operating profit increased to J$142.3 million, compared with J$123.6 million in the corresponding quarter last year, while profit before taxation rose to J$79.5 million. Net profit attributable to shareholders amounted to J$64.6 million, representing a 6.0% increase over the prior year despite higher finance costs and taxation charges. Financial Position The Company continues to maintain a sound financial position supported by a healthy balance sheet and prudent capital management. Total assets remained strong at approximately J$2.44 billion, while shareholders' equity increased to J$1.69 billion, reflecting the continued profitability of the business. During the quarter, Mailpac continued to invest strategically across its logistics network, technology platforms, and operating infrastructure. These investments are expected to enhance capacity, improve service delivery, and support the Company's ability to capitalize on future growth opportunities, while maintaining the prudent capital management that underpins our financial position. Outlook The Board remains confident in Mailpac's outlook for 2026. Consumer demand for convenient logistics solutions continues to grow, and the Company is well positioned to continue to meet and evolve with its customers. The team remains focused on expanding our service capabilities and delivering sustainable value to all stakeholders. We believe these strategic priorities, supported by the Company's strong financial foundation, position Mailpac to continue strengthening its leadership within Jamaica's logistics sector. On behalf of the Board of Directors, I extend sincere appreciation to our management team and employees for their continued commitment and dedication. I also thank our customers and shareholders for their unwavering trust and support as we continue building long-term value. Sincerely, Khary Robinson Executive Chairman Mailpac Group Limited

Page 4 Unaudited Unaudited Audited Year ended N ote March 2026 March 2025 December 31, 2025 $ $ $ ASSETS N on-current Assets Property, plant and equipment 394,381,026 246,610,870 342,811,571 Right-of-use assets 3 211,990,790 172,733,113 165,788,394 Intangible assets 4 1,355,330,430 1,413,769,915 * 1,364,590,300 Total non-current assets 1,961,702,246 1,833,113,898 1,873,190,265 Current Assets Due from related companies 3,596,433 - 2,967,671 Trade and other receivables 5 225,750,112 195,420,705 244,128,581 Cash and bank balances 245,363,308 288,831,598 362,360,178 Total current assets 474,709,853 484,252,303 609,456,430 TOTAL ASSETS 2,436,412,099 2,317,366,201 2,482,646,695 EQUITY A N D LIABILITIES Equity Share capital 6 267,356,112 267,356,112 267,356,112 Accumulated surplus 1,421,873,177 503,690,664 * 1,357,270,657 Total equity 1,689,229,289 771,046,776 1,624,626,769 N on-current Liabilities Lease liabilities 3 148,730,827 110,799,510 112,675,485 Deferred tax liability 18,502,585 9,509,636 14,844,280 Contingent consideration liability 364,000,000 1,266,027,507 * 121,000,000 Total non-current liabilities 531,233,412 1,386,336,653 248,519,765 Current Liabilities Contingent consideration liability - - 243,000,000 Lease liabilities 3 77,010,702 70,216,616 66,897,034 Trade and other payables 7 77,117,873 82,143,612 251,432,707 Due to related companies 3,957,997 - 1,518,203 Taxation payable 57,862,826 7,622,544 46,652,217 Total current liabilities 215,949,398 159,982,771 609,500,161 TOTAL EQUITY A N D LIABILITIES 2,436,412,099 2,317,366,201 2,482,646,695 The financial statements on pages 3 to 12 were approved for issue by the Board of Directors July 2, 2026 Director *-Restated to conform with current presentation MAILPAC GROUP LIMITED STATEME N T OF FI N A N CIAL POSITIO N (Unaudited) AS AT MARCH 31, 2026 The accompanying notes form an integral part of the financial statements and signed on its behalf by: Director

Page 5 Unaudited Three (3) months ended Unaudited Three (3) months ended Audited Year ended N ote March 2026 March 2025 December 31, 2025 $ $ $ Revenues 790,146,623 716,442,516 2,983,587,075 Cost of sales 342,455,580 327,699,423 1,344,374,702 Gross profit 447,691,043 388,743,093 1,639,212,373 Selling and promotion expenses 35,784,722 31,918,192 127,622,565 Administrative and general expenses 269,640,164 233,231,652 983,167,494 305,424,886 265,149,844 1,110,790,059 Operating profit 142,266,157 123,593,249 528,422,314 Other income 337,671 494,399 2,357,209 142,603,828 124,087,648 530,779,523 Finance and policy costs 8 63,132,393 55,524,017 * 241,299,088 Reduction of contingent liability - - 902,027,507 Profit before taxation 79,471,435 68,563,631 1,191,507,942 Taxation charge 9 14,868,915 7,622,544 51,986,862 N et profit, being total comprehensive income for the period / year 64,602,520 60,941,087 * 1,139,521,080 Earnings per share for profit attributable to the ordinary equity holders of the company 10 0.03 0.02 * 0.09 *-Restated to conform to current presentation MAILPAC GROUP LIMITED STATEME N T OF COMPREHE N SIVE I N COME (Unaudited) THREE (3) MO N THS E N DED March 31, 2026 The accompanying notes form an integral part of the financial statements

Share Accumulated Capital Surplus Total $ $ $ Balance at December 31, 2024 (Audited) 267,356,112 442,749,577 710,105,689 * Net profit, being total comprehensive income for the period - 60,941,087 60,941,087 Balance at March 31, 2025 267,356,112 503,690,664 771,046,776 Balance at December 31, 2025 (Audited) 267,356,112 1,357,270,657 1,624,626,769 Net profit, being total comprehensive income for the period - 64,602,520 64,602,520 Balance at March 31, 2026 267,356,112 1,421,873,177 1,966,624,289 *- Restated to conform to current presentation Page 6 MAILPAC GROUP LIMITED STATEME N T OF CHA N GES I N EQUITY (Unaudited) THREE (3) MO N THS E N DED March 31, 2026 The accompanying notes form an integral part of the financial statements

Page 7 Unaudited Three (3) months ended Unaudited Three (3) months ended Audited Year ended March 2026 March 2025 December 31, 2025 $ $ $ CASH FLOWS FROM OPERATI N G ACTIVITIES: Profit for the period / year 64,602,520 60,941,087 * 1,139,521,080 Adjustments for items not affecting cash resources: Depreciation and amortization 14,745,938 13,290,139 * 55,583,584 Depreciation right of use assets 21,664,961 18,160,868 75,570,303 Interest expense on right of use assets 4,473,700 3,834,576 14,618,091 Movement in expected credit loss provision (673,658) 7,262,041 25,750,705 Foreign currency gain 1,995,527 2,212,448 3,764,649 Impairment loss - - 21,400,000 Reduction of contingent consideration liability - - (902,027,507) Deferred taxation - - 5,334,644 Income tax expense 14,868,915 7,622,544 46,652,217 121,677,903 113,323,703 486,167,765 Decrease / (increase) in operating assets: Due from related companies 1,811,032 (814,393) (1,567,670) Trade and other receivables 19,052,127 (30,465,300) (96,357,053) (Decrease) / increase in operating liabilities: Trade and other payables (174,369,476) (14,350,253) (3,952,897) Cash flows (used in) / provided by operating activities (31,828,414) 67,693,757 384,290,145 Taxation paid - (2,570,179) (3,874,971) Net cash (used in) / provided by operating activities (31,828,414) 65,123,578 380,415,174 CASH FLOWS FROM I N VESTI N G ACTIVITIES Cost of work-in-progress (26,427,106) (5,781,600) (54,306,420) Acquisition of property, plant and equipment (30,628,418) (2,844,514) (65,034,225) Net cash used in investing activities (57,055,524) (8,626,114) (119,340,645) CASH FLOWS FROM FI N A N CI N G ACTIVITIES Dividends paid - - (66,941,638) Loan from related companies - - (696,192) Lease liabilities, net (26,664,752) (20,997,356) (84,384,461) Net cash used in financing activities (26,664,752) (20,997,356) (152,022,291) N ET (DECREASE) / I N CREASE I N CASH A N D BA N K BALA N CES (115,548,690) 35,500,108 109,052,238 CASH A N D BA N K BALA N CES - Beginning of the period / year 362,360,178 253,764,585 253,764,585 Effects of movements on foreign currency bank balances (1,448,180) (433,095) (456,645) CASH A N D BA N K BALA N CES - End of the period / year 245,363,308 288,831,598 362,360,178 *-Restated to conform to current presentation MAILPAC GROUP LIMITED STATEME N T OF CASH FLOWS (Unaudited) THREE (3) MO N THS E N DED March 31, 2026 The accompanying notes form an integral part of the financial statements

Page 8 1. IDE N TIFICATIO N On April 1, 2024, the Company also acquired the assets of My Cart Quick Limited. 2. STATEME N T OF COMPLIA N CE A N D BASIS OF PREPARATIO N The unaudited financial statements have been prepared under the historical cost basis and are expressed in Jamaican dollars, unless otherwise indicated. Each lease payment is allocated between the liability and finance cost. The finance cost is charged to profit or loss over the lease period so as to produce a constant periodic rate of interest on remaining balance of the liability for each period. The right-of-use asset is depreciated over the shorter of the asset's useful life and the lease term on a straight-line basis. The Company has adopted IFRS 16 (Leases) from October 1, 2019. IFRS 16 introduces a single lease accounting model for lessees. It requires lessees to recognise a lease liability reflecting future lease payments and a "right-of-use asset" for virtually all lease contracts. The standard includes an optional exemption for certain short-term leases and leases of low-value assets. For lessors, the accounting stays almost the same. These unaudited financial statements for the three (3) month period ended March 31, 2026 have been prepared in accordance with IAS 34, "Interim Financial Reporting". These interim financial statements should be read in conjunction with the accounting policies as set out in Note #2 & #3 of the audited financial statements for the year ended December 31, 2025 which has been prepared in accordance with IFRS Accounting Standards and the relevant requirements of the Act. MAILPAC GROUP LIMITED N OTES TO THE FI N A N CIAL STATEME N TS (Unaudited) THREE (3) MO N THS E N DED March 31, 2026 Mailpac Group Limited (the "Company") is a limited liability company incorporated in Jamaica on September 19, 2019, under the Jamaican Companies Act (the "Act"). The Company is domiciled in Jamaica with its registered office at 109 Old Hope Road, Kingston 6. The operations of Mailpac Group Limited were previously undertaken by two separate entities, Mailpac Services Limited and Mailpac Local Limited. On September 30, 2019, the net assets of these two entities were purchased by Mailpac Group Limited. In addition, Mailpac Group Limited acquired the long-term liabilities of Mailpac Services Limited. The principal activities of the Company are to provide international and domestic courier and mail order services as well as online shopping of a variety of food, beverages and other household supplies. Mailpac Group Limited became publicly listed on the Junior Market of the Jamaica Stock Exchange on December 4, 2019. Consequently, the Company is entitled to a 100% remission of income taxes for the first five (5) years and 50% remission for the next five (5) years thereafter, providing that the Company complies with the requirements of the Jamaica Stock Exchange Junior Market.

Page 9 3. ACCOU N TI N G POLICIES (a) Intangible assets Intangible assets which represents goodwill, contracts rights with vendors, customers, tradenames, intellectual property rights, telephone numbers are deemed to have a finite life. These assets are carried at fair value. The Company determines when intangible assets are impaired at least on an annual basis or when events or circumstances indicates that the carrying value may be impaired. Intangible assets, except for goodwill, are amortized over the estimated useful lives of the assets of forty (40) years. (b) Leases Lease liability (c) Trade and other receivables Trade and other receivables are stated at amortized cost. Appropriate allowances for estimated irrecoverable amounts are recognized in the statement of comprehensive income when there is objective evidence that the asset is impaired. (d) Related party identification A related party transaction is a transfer of resources, services or obligations between related parties, regardless of whether a price is charged. (e) Trade and other payables . Trade and other payables are stated at amortized cost. The right-of-use asset is initially measured at cost, at the lease commencement date, i.e. the date at which the underlying asset is available for use by the Company. The right-of-use asset is depreciated on a straight-line basis over the remaining lease term. It is subject to impairment test. The lease liability is initially measured at the present value of lease payments to be made over the lease term. The present value of lease payments, uses an incremental borrowing rate at the commencement date if the interest rate implicit in the lease is not readily determinable. The incremental borrowing rate corresponds to the rate that the lessee would have to pay to borrow the funds necessary to obtain an asset of similar value in a similar economic environment, with similar terms and conditions. MAILPAC GROUP LIMITED N OTES TO THE FI N A N CIAL STATEME N TS (Unaudited) THREE (3) MO N THS E N DED March 31, 2026 A contract is, or contains, a lease if it conveys the right of use/control the use of an identified asset for a period of time in exchange for consideration. Control is conveyed where the customer has both the right to direct the identified asset’s use and to obtain substantially all the economic benefits from that use. Leases are recognise as assets and liabilities unless the lease term is 12 months or less or the underlying asset has a low value of less than US$5,000 or its Jamaica dollar equivalent.

Page 10 3. RIGHT-OF-USE ASSETS Unaudited Three months ended Unaudited Three months ended Audited Year ended March 2026 March 2025 December 31, 2025 $ $ $ At Valuation Balance at beginning of period / year 258,651,514 255,590,261 255,590,261 Terminated right of use asset (5,304,518) - (52,484,676) Additions 69,773,954 5,081,214 55,545,929 Balance at end of period / year 323,120,950 260,671,475 258,651,514 Accumulated Depreciation charge Balance at beginning of period / year 92,863,120 69,777,495 69,777,495 Depreciation on terminated right of use asset (3,397,921) - (6,498,374) Charge for period / year 21,664,961 18,160,867 29,583,999 Balance at end of period / year 111,130,160 87,938,362 92,863,120 N et Book Value Balance at period / year end 211,990,790 172,733,113 165,788,394 Lease Liabilities: Unaudited Three months ended Unaudited Three months ended Audited Year ended March 2026 March 2025 December 31, 2025 $ $ $ Non-current lease liabilities 148,730,827 110,799,510 112,675,485 Current lease liabilities 77,010,702 70,216,616 66,897,034 MAILPAC GROUP LIMITED N OTES TO THE FI N A N CIAL STATEME N TS (Unaudited) THREE (3) MO N THS E N DED March 31, 2026

Page 11 4. I N TA N GIBLE ASSETS Unaudited Three months ended Unaudited Three months ended Audited Year ended March 2026 March 2025 December 31, 2025 $ $ $ Cost: Purchase goodwill 171,000,000 171,000,000 171,000,000 Goodwill acquired from Mycart 689,508,029 689,508,029 * 689,508,029 Trade name 173,000,000 173,000,000 * 173,000,000 Customer relationships 352,000,000 352,000,000 * 352,000,000 Customer contracts, lists of existing customers and other intangibles 73,579,000 73,579,000 73,579,000 1,459,087,029 1,459,087,029 * 1,459,087,029 Amortization: Balance at beginning of period 94,496,729 36,057,244 36,057,244 Charge for the period / year 9,259,870 9,259,870 * 37,039,485 Impairment loss - - 21,400,000 103,756,599 45,317,114 * 94,496,729 Balance at period / year end 1,355,330,430 1,413,769,915 1,364,590,300 *-Restated to conform to current presentation 5. TRADE A N D OTHER RECEIVABLES Trade receivable materially represents balance due on credit sales: Unaudited Three months ended Unaudited Three months ended Audited Year ended March 2026 March 2025 December 31, 2025 $ $ $ Trade receivables 105,043,115 92,860,739 154,817,880 Less : expected credit loss provision (33,007,013) (26,418,519) (44,907,183) Net trade receivables 72,036,102 66,442,220 109,910,697 Deposits 11,143,567 9,267,274 11,500,623 Prepayments 1,715,748 3,713,467 4,556,523 Other receivables 140,854,695 115,997,744 118,160,738 225,750,112 195,420,705 244,128,581 6. SHARE CAPITAL Unaudited Three months ended Unaudited Three months ended Audited Year ended March 2026 March 2025 December 31, 2025 $ $ $ Authorized share capital: No maximum share capital Issued and fully paid: 2,250,000,000 ordinary shares of no par value 27,395,000 27,395,000 27,395,000 250,000,000 ordinary shares of no par value 250,000,000 250,000,000 250,000,000 Less: transaction costs of share issue (10,038,888) (10,038,888) (10,038,888) 267,356,112 267,356,112 267,356,112 (a) (b) The issued share capital of the Company was increased to 2,250,000,000 shares prior to the initial public offering ("IPO"). An additional 250,000,000 new shares were offered to the general public in the IPO on December 4, 2019. The proceeds of the sale of the 250,000,0000 shares issued to the general public in December 2019 amounted to $250,000,000 less transaction cost of $10,038,888. As at September 30, 2019, Mailpac Group Limited acquired the net assets of Mailpac Local Limited and Mailpac Services Limited. Mailpac Group Limited also acquired the long-term liabilities of Mailpac Services Limited. Goodwill acquired on this acquisition was approximately $171 million. Intangible assets are carried at amortized cost and depreciated over a 40-year useful life. MAILPAC GROUP LIMITED N OTES TO THE FI N A N CIAL STATEME N TS (Unaudited) THREE (3) MO N THS E N DED March 31, 2026

Page 12 7. TRADE A N D OTHER PAYABLES Unaudited Three months ended Unaudited Three months ended Audited Year ended March 2026 March 2025 December 31, 2025 $ $ $ Trade payables 35,470,604 56,033,939 48,489,493 Statutory liabilities 7,949,958 8,295,533 11,528,867 GCT payables - 330,094 731,438 Accruals 13,204,555 6,263,189 12,953,470 Dividend payable 10,542,072 10,006,095 158,058,362 Other payables 9,950,684 1,214,762 19,671,077 77,117,873 82,143,612 251,432,707 8. FI N A N CE A N D POLICY COSTS Three Months Three Months Audited Year ended March 2026 March 2025 December 31, 2025 $ $ $ Bank charges and commission 12,368,303 10,620,035 44,314,272 Bad debt expense 12,372,827 - - Expected credit loss provision (673,659) 7,262,041 25,750,705 Interest expense on right-of-use assets 4,473,700 3,834,576 14,618,091 Interest expense 175,849 143,909 297,483 Depreciation on property, plant and equipment 5,486,068 4,030,269 * 18,544,099 Depreciation-right-of-use assets 21,664,961 18,160,868 75,570,303 Amortization expense 9,259,870 9,259,870 * 37,039,485 Impairment loss - - 21,400,000 Unrealized gain on foreign exchange (2,066,988) (777,759) (3,614,710) Realized gain on foreign exchange (1,874,226) (366,619) (5,728,296) Unrealized loss on foreign exchange 759,324 866,856 3,576,964 Realized loss on foreign exchange 1,186,363 2,489,971 9,530,692 63,132,392 55,524,017 241,299,088 9. TAXATIO N 10. EAR N I N GS PER SHARE Unaudited Three months ended Unaudited Three months ended Audited Year ended March 2026 March 2025 December 31, 2025 Net profit attributable to shareholders 64,602,520 60,941,087 * 1,139,521,080 - - (902,027,507) 64,602,520 60,941,087 237,493,573 Weighted average number of shares in issue 2,500,000,000 2,500,000,000 2,500,000,000 0.03 $ 0.02 $ * 0.09 $ *-Restated to conform to current presentation MAILPAC GROUP LIMITED N OTES TO THE FI N A N CIAL STATEME N TS (Unaudited) THREE (3) MO N THS E N DED March 31, 2026 The Company's 100% income tax remission under the rules of the Jamaica Junior Stock Exchange began on December 4, 2019 for five years and 50% for a further five years thereafter, providing the Company complies with the requirements of the Jamaica Stock Exchange Junior Market. The Company's 50% income tax remission commenced on December 4, 2024. The calculation of earnings per share is based on the profit after taxation and the weighted average number of shares in issue during the year.

Page 13 MAILPAC GROUP LIMITED TOP TEN SHAREHOLDINGS AS AT MARCH 31, 2026 TOP 10 SHAREHOLDERS PRIMARY ACCOUNT HOLDER JOINT HOLDER DIRECT HOLDINGS VOLUME % OF ISSUED SHARES 1 NORBROOK EQUITY PARTNERS LTD - 1,815,000,000 1,815,000,000 72.6000% 2 PAM - POOLED EQUITY FUND JCSD - 133,304,310 133,304,310 5.3322% 3 TRUSTEE SERVICES LIMITED A/C BARITA UNIT TRUST CAPITAL GROWTH FUND - 78,613,579 78,613,579 3.1445% 4 MF&G ASSET MANAGEMENT LTD. - JAMAICA INVESTMENTS FUND - 62,052,750 62,052,750 2.4821% 5 BARITA INVESTMEMT LTD-LONG A/C (TRADING) 55,608,144 55,608,144 2.2243% 6 JCSD TRUSTEE SERVICES LTD - SIGMA GLOBAL VENTURE 45,583,878 45,583,878 1.8234% 7 JMMB FUND MANAGERS LTD.T1- EQUITIES FUND - 28,269,000 28,269,000 1.1308% 8 SJIML A/C 3119 - 15,633,588 15,633,588 0.6253% 9 MARK JOSE GONZALES - 10,197,235 10,197,235 0.4079% 10 JN FUND MANAGERS LIMITED FOR JN POOLED PENSION LOCAL EQUITY FUND - 10,145,389 10,145,389 0.4058% Total Issued Capital: 2,500,000,000 Total Units Owned by Top Ten Shareholders: 2,254,407,873 Percentage Owned by Top Ten Shareholders: 90.1763 %

Page 14 MAILPAC GROUP LIMITED SHAREHOLDINGS FOR DIRECTORS AND SENIOR OFFICERS AS AT MARCH 31, 2026 DIRECTORS PRIMARY ACCOUNT HOLDER CONNECTED PARTIES DIRECT HOLDINGS VOLUME % OF ISSUED SHARES KHARY ROBINSON NORBROOK EQUITY PARTNERS LIMITED LENNOX ROBINSON MARCIA ROBINSON 1,815,000,000 3,069,611 2,855,600 - 1,820,925,211 72.83701% GARTH PEARCE NORBROOK EQUITY PARTNERS LIMITED 1,815,000,000 - 1,815,000,000 72.60000% MARK JOSE GONZALES - 10,197,235 10,197,235 0.40789% TRACY-ANN N. SPENCE - 4,128,207 4,128,207 0.16513% WILLIAM A. CRAIG - 4,000,000 4,000,000 0.16000% SENIOR OFFICERS PRIMARY ACCOUNT HOLDER CONNECTED PARTIES DIRECT HOLDINGS VOLUME % OF ISSUED SHARES MARK JOSE GONZALES - 10,197,235 10,197,235 0.40789% SAMANTHA RAY 4,650,000 4,650,000 0.18600% CHRISTEEN MARLINE ALLEN - 138,750 138,750 0.00555% TOMMY WALTERS - 3,316 3,316 0.00013%