Dear Shareholders,

The audit of the Jamaica Operations has been completed, but we are still awaiting the completion and sign off of the audit of the U.S. Operations where the issues of material prior period errors have arisen. We are making solid progress in finalising the audit of our U.S. Operations which involves six subsidiaries across five states. Once this U.S. audit is completed, the consolidated audit can then proceed.

This balance sheet adjustment in the U.S. could be significant and very material to our consolidated results and is presently the subject of detailed scrutiny by our auditors. As you will recall, the two balance sheet items which are the major source of these adjustments are inventories and biological assets.

During this process and until the quarterly unaudited financials have been published, JBG will continue to release the Company’s monthly provisional report, so that our shareholders and stakeholders may be kept abreast of the performance of the Company on an ongoing basis as required and in order to guide their investment decisions.

As previously indicated, JBG remains fully committed to ongoing dialogue with our regulators, shareholders, stakeholders, and the investing public.

We continue to trust the Lord as he leads us through this season.

CONSOLIDATED UNAUDITED INCOME STATEMENT – PROVISIONAL

Month 1Month 2Month 3YTD
Revenue8,1858,0319,79426,010
Cost of Sales(6,302)(6,229)(7,481)(20,012)
Gross Margin1,8831,8022,3135,998
Operating Profit8539608162,629
Profit Before Tax5207104941,724
Gross Margin23.0%22.4%23.6%23.1%

PROVISIONAL SEGMENT REPORT – OPERATING PROFIT

Jamaica OperationsUS OperationsOther Caribbean OperationsGroup
Segment Result2,1286195443,291
Unallocated Corporate Expenses(662)
Operating Profit2,629

Please note: These are provisional, unaudited financial results which are preliminary and subject to change upon the official release of audited results for 2024/2025 and the quarterly results for 2025/2026, prepared in accordance with IFRS Accounting Standards and the rules of the Jamaica Stock Exchange (JSE).