FINANCIAL STATEMENTS AND RELATED ANNOUNCEMENT :

Condensed Interim Financial Statements For the Third Quarter and Nine Months Period Ended 30 September 2025

RH Petrogas Limited

Company Registration No: 198701138Z (Incorporated in the Republic of Singapore)

RH Petrogas Limited

Company Registration No: 198701138Z (Incorporated in the Republic of Singapore)

Table of Contents Page

1. Condensed Interim Consolidated Statement of Comprehensive Income 3

2. Condensed Interim Statements of Financial Position 4

3. Condensed Interim Statements of Changes in Equity 5

4. Condensed Interim Consolidated Statement of Cash Flows 8

5. Notes to the Condensed Interim Consolidated Financial Statements 10

6. Other Information required by Listing Rule Appendix 7.2 20

1. CONDENSED INTERIM CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

   For the third quarter and nine months financial period ended 30 September 2025

   Group Group

   30 Sep 30 Sep 2025 2024				%	30 Sep 30 Sep 2025 2024		%
   	Note	US$'000	US$'000	Change	US$'000	US$'000	Change
   Revenue	5	19,469	22,589	(13.8%)	58,740	70,776	(17.0%)
   Cost of sales		(12,747)	(14,867)	(14.3%)	(37,895)	(43,451)	(12.8%)
   Gross profit		6,722	7,722	(13.0%)	20,845	27,325	(23.7%)
   Other income		1,222	563	117.1%	3,025	1,890	60.1%
   Administrative expenses		(1,005)	(999)	0.6%	(2,960)	(3,055)	(3.1%)
   Other expenses		(7,638)	(158)	N.M.	(7,878)	(1,171)	N.M.
   Finance costs		(169)	(147)	15.0%	(584)	(511)	14.3%
   (Loss)/profit before tax	6	(868)	6,981	N.M.	12,448	24,478	(49.1%)
   Income tax expense	7	(2,900)	(3,069)	(5.5%)	(8,754)	(11,366)	(23.0%)
   (Loss)/profit for the financial period, representing total

   (3 months ended) (9 months ended) comprehensive income for the financial period Total comprehensive income for the financial period attributable to: (3,768) 3,912 N.M. 3,694 13,112 (71.8%)

   Owners of the Company		(3,239)	3,125	N.M.	2,726	10,464	(73.9%)
   Non-controlling interests		(529)	787	N.M.	968	2,648	(63.4%)
   		(3,768)	3,912	N.M.	3,694	13,112	(71.8%)
   (Loss)/earnings per share (cents per share) Basic	8	(0.39)	0.37	N.M.	0.33	1.25	(73.6%)
   Diluted	8	(0.39)	0.37	N.M.	0.33	1.25	(73.6%)

   N.M. : Not meaningful

2. CONDENSED INTERIM STATEMENTS OF FINANCIAL POSITION

   As at 30 September 2025

   Group Company

   		30 Sep 2025	31 Dec 2024	30 Sep 2025	31 Dec 2024
   	Note	US$'000	US$'000	US$'000	US$'000
   Assets Non-current assets Oil and gas properties	9	11,010	11,062	-	-
   Other plant and equipment		192	38	192	38
   Deferred tax assets		754	1,157	-	-
   Right-of-use assets		5,257	8,714	545	808
   Exploration and evaluation assets	10	1,017	7,716	-	-
   Cash and bank balances		4,268	3,493	-	-
   Other non-current assets	11	2,313	2,204	-	-
   Investment in subsidiaries	18	-	-	104,199	104,199
   		24,811	34,384	104,936	105,045
   Current assets Inventories		10,426	10,107	-	-
   Other current assets		38	32	38	32
   Trade and other receivables	12	8,468	10,580	172	479
   Amount due from subsidiaries	17	-	-	12,507	17,174
   Cash and bank balances		62,539	52,316	4,928	1,780
   		81,471	73,035	17,645	19,465
   Total assets		106,282	107,419	122,581	124,510
   Liabilities and equity Current liabilities Income tax payable		6,398	3,528	-	-
   Lease liabilities		4,702	6,365	239	282
   Trade and other payables	13	20,147	24,346	1,186	1,836
   		31,247	34,239	1,425	2,118
   Non-current liabilities Provisions	14	3,566	3,463	38	35
   Lease liabilities		2,084	4,132	358	512
   Amounts due to subsidiaries	17	-	-	3,498	2,507
   		5,650	7,595	3,894	3,054
   Total liabilities		36,897	41,834	5,319	5,172
   Equity attributable to owners of the Company Share capital	16	270,283	270,138	270,283	270,138
   Reserves		(210,949)	(213,635)	(153,021)	(150,800)
   		59,334	56,503	117,262	119,338
   Non-controlling interests		10,051	9,082	-	-
   Total equity		69,385	65,585	117,262	119,338
   Total liabilities and equity		106,282	107,419	122,581	124,510

3. CONDENSED INTERIM STATEMENTS OF CHANGES IN EQUITY

For the third quarter and nine months financial period ended 30 September 2025

	Share capital	Capital reduction reserve	Foreign currency translation reserve	Reserve for defined benefit plan	Accumulated losses	Equity reserve	Employee share option reserve	Total reserves	Non-controlling interests	Total equity
	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000	US$'000
Group
At 1 January 2024	270,138	2,886 (90) (178) (233,101) 1,764 485 (228,234)							6,885 48,789
Profit for the financial
period, representing total comprehensive income for the financial period Contributions by and distributions to owners Share-based payments - Grant of equity-settled share options	- -	- - - 7,339 - - 7,339 - - - - - 90 90							1,861 9,200 - 90
At 30 June 2024	270,138	2,886 (90) (178) (225,762) 1,764 575 (220,805)							8,746 58,079
Profit for the financial period, representing total comprehensive income for the financial period Contributions by and distributions to owners Share-based payments - Grant of equity-settled share options	- -	- - - 3,125 - - 3,125 - - - - - 31 31							787 3,912 - 31
At 30 September 2024	270,138	2,886	(90)	(178)	(222,637)	1,764	606	(217,649)	9,533	62,022