CORRECTION: Pro Kapital Council approved Consolidated Interim Report for Ii Quarter and 6 Months of 2025 (Unaudited)

Core Insights - The Group reported a net profit of EUR 4.3 million for Q2 2025, correcting an earlier erroneous statement of a net loss [1][21] - Total revenue for the first half of 2025 was EUR 28.5 million, significantly up from EUR 6.9 million in the same period of 2024 [16][23] - The Group's construction projects are progressing well across various locations, with notable sales rates and project completions expected [2][5][9] Financial Performance - Revenue for Q2 2025 reached EUR 16.1 million, compared to EUR 3.9 million in Q2 2024, marking a substantial increase [16][23] - Gross profit for the first half of 2025 was EUR 10.2 million, up from EUR 2.4 million in the same period of 2024, with a gross profit margin of 36% [19][23] - The operating result for the first six months was a profit of EUR 7.5 million, compared to a loss of EUR 0.9 million in the same period of 2024 [20][23] Real Estate Development - In Tallinn, the Kalaranna development's final phase construction is complete, with a sales rate of 60.7% for the 146 units [2][4] - The White Building project in Kristiine City has achieved a sellout rate of 62.4%, with completion expected by November-December 2025 [5] - The Group is preparing for the Blue Marine project in Riga, with construction preparations starting in July 2025 [7][8] Market Trends - The real estate market in Vilnius is experiencing record prices, with the Šaltinių Namai Attico project achieving nearly 40% sellout in villas [9][10] - The Group's operations in Italy are strengthening despite a market slowdown, with expectations of full normalization by the end of 2025 [14] - Overall, the Group is positioned to capitalize on improving macroeconomic sentiment and deliver strong results throughout the year [15][16]