Financial Performance - Sales increased by 7.1% from $7,312 million in H1 2024 to $7,833 million in H1 2025[13, 15] - Gross profit margin improved by 34 basis points, from 39.9% in H1 2024 to 40.3% in H1 2025[13, 15] - EBIT increased by 13.3% from $626 million in H1 2024 to $709 million in H1 2025[13] - Net profit increased by 14.2% from $550 million in H1 2024 to $628 million in H1 2025[13, 15] - EPS increased by 14.1% from 30.12 US cents in H1 2024 to 34.37 US cents in H1 2025[13] - Dividend increased by 15.7% from 108.00 HK cents in H1 2024 to 125.00 HK cents in H1 2025[13] Financial Position - Net current assets increased by 10.6% from $2,787 million in 2024 to $3,082 million in 2025[16] - Total debts decreased by 17.8% from $1,802 million in H1 2024 to $1,482 million in H1 2025[23] - Cash balance increased by 31.1% from $1,227 million in H1 2024 to $1,608 million in H1 2025[23] Strategic Focus - The company is focused on profitable sales growth, global manufacturing diversity, and disruptive innovation through technology solutions[36, 37, 42] - The company is expanding into new businesses and verticals, targeting an $80B+ global opportunity in the DIY user strategy[56, 63] - The company is expanding into new businesses and verticals, targeting a $160B+ global opportunity in core trades[124, 131]

Financial Performance - The company's revenue increased by 10.6% year-over-year, reaching RMB 17,087 million in 1H25, compared to RMB 15,449 million in 1H24[8] - Gross profit increased by 12.2% year-over-year, amounting to RMB 5,865 million in 1H25, up from RMB 5,228 million in 1H24[8] - Operating profit saw a significant increase of 33.7% year-over-year, reaching RMB 1,649 million in 1H25, compared to RMB 1,233 million in 1H24[8] - Net profit increased by 33.2% year-over-year, reaching RMB 1,287 million in 1H25, compared to RMB 966 million in 1H24[8] - Earnings per share (EPS) increased by 33.2% year-over-year, reaching RMB 29.79 cents in 1H25, compared to RMB 22.36 cents in 1H24[8] Segment Performance - Beverages revenue increased from RMB 9,258 million in 1H24 to RMB 10,024 million in 1H25[10] - Food revenue increased from RMB 4,947 million in 1H24 to RMB 5,382 million in 1H25[10] - Others revenue increased from RMB 478 million in 1H24 to RMB 916 million in 1H25[10] - Strategic Alliance OEM within "Others Revenue" experienced a growth rate of 159.5% in 1H25[15] Balance Sheet Highlights - Cash and cash equivalents increased to RMB 10,673 million, representing 46% of total assets, compared to RMB 9,175 million, representing 42% of total assets in the previous year[21] - Total assets increased to RMB 23,120 million from RMB 21,649 million[21]

Financial Performance - Operating earnings before fair value movements decreased by 8% to HK$5,227 million compared to HK$5,683 million in 1H2024[20, 85] - Total earnings decreased by 5% to HK$5,624 million compared to HK$5,951 million in 1H2024[20, 85] - Interim dividend remained stable at HK$0.63 per share, with a total 1H2025 dividend of HK$1.26 per share and a dividend yield of 48%[20] - Capital investment reached HK$8,213 million, a 21% increase from HK$6,809 million in 1H2024[25] Business Unit Performance - Hong Kong energy and related activities saw a 6% increase in operating earnings, reaching HK$4,568 million[27] - Chinese Mainland operating earnings decreased by 12% to HK$870 million due to lower market prices and curtailments[27] - EnergyAustralia experienced a significant 73% decrease in operating earnings to HK$167 million due to retail margin compression and the end of coal price caps[27] - Apraava Energy's operating earnings decreased by 61% to HK$79 million, impacted by one-offs from the KMTL transmission asset[27] Financial Structure and Liquidity - Net debt increased to HK$624 billion, resulting in a net debt to total capital ratio of 350%[53] - The company maintains a strong liquidity position with HK$266 billion in undrawn bank facilities and HK$30 billion in bank balances[53] Strategic Growth Plan - CLP aims to achieve approximately 6GW of renewable energy capacity in the Chinese Mainland by 2029[70] - Apraava Energy targets approximately 8GW of non-carbon investments by 2029[72] - EnergyAustralia aims for approximately 16GW of flexible capacity by 2030[75] Hong Kong Market - Local electricity sales decreased by 17% due to high base effect from temperature in 1H24[31] - The company is supporting customers and communities with over HK$200 million from the CLP Community Energy Saving Fund[31]

Financial Performance - Consolidated revenue increased by 7% year-over-year to $2426 million[21] - Consolidated EBITDA increased by 6% year-over-year to $771 million[21] - HKT revenue increased by 4% year-over-year to $2221 million, with EBITDA up by 3% to $818 million[20] - OTT revenue increased by 10% year-over-year to $153 million, with EBITDA up significantly by 51% to $44 million[20] - Free TV & Related revenue was $44 million, with EBITDA at $6 million[20] OTT Business (Viu) - Viu maintained its position as the No 1 Asian OTT platform in GSEA with 138 million paid subscribers[17] - Viu's subscription and advertising revenues grew by 27% and 29% year-over-year respectively[42] - Viu's EBITDA margin expanded by 8 percentage points year-over-year to 29%[42] HKT Business - Mobile services revenue grew by 5% year-over-year[92] - Local data revenue grew by 11% year-over-year[92] - Broadband revenue grew by 3% year-over-year[92] Cost Efficiency and Capex - Operating expenses decreased by 5% year-over-year[110] - Capex to revenue ratio improved to 58%[115] Dividend - 2025 Interim Dividend per share is 977 HK cents[28]

Financial Performance - Revenue increased by 1.5% YoY, reaching €620 million in H1'25 compared to €611 million in H1'24 [8, 39] - Adjusted EBITDA grew by 2.5% YoY, reaching €99 million in H1'25 compared to €97 million in H1'24 [8, 41] - Adjusted EBITDA margin increased by 20 bps to 16.0% in H1'25 from 15.8% in H1'24 [8, 41] - Net backlog decreased by 3.2% YoY, from €786 million in H1'24 to €761 million in H1'25 [8, 25] Order Intake - Overall order intake decreased by 9.2% YoY, from €514 million in H1'24 to €467 million in H1'25 [28] - Composite Yachts order intake decreased by 32.7% YoY [32] - Made-to-measure Yachts order intake decreased by 0.4% YoY [32] - Super Yachts order intake decreased by 7.2% YoY [32] Geographical Performance - Order intake in Europe increased by 3.8 million YoY [32] - Order intake in AMAS decreased by 21.9% YoY [35] - Order intake in APAC increased by 82.9% YoY [35] Revenue Breakdown - Revenue from Made-to-measure Yachts increased by 8.6% YoY, from €233.1 million in H1'24 to €253.1 million in H1'25 [39] - Revenue from Super Yachts increased by 26.5% YoY, from €82.5 million in H1'24 to €104.4 million in H1'25 [39]

Financial Performance - Total revenue increased by 4% year-over-year to $2,221 million[9], with revenue excluding mobile product sales also up by 4% year-over-year to $2,091 million[9,128] - Total EBITDA increased by 3% year-over-year to $818 million[9,128] - Adjusted Funds Flow increased by 3% year-over-year to $328 million[9,128] - Profit attributable to holders of share stapled units increased by 4% year-over-year to $265 million[128] Business Segments - Enterprise revenue increased by 11% year-over-year[9] - Broadband revenue increased by 3% year-over-year[9] - Mobile services revenue increased by 5% year-over-year to $537 million[9,135] - Local TSS revenue grew by 5% year-over-year[133] - Mainland China business achieved a remarkable growth of 13% year-over-year[97] Mobile Business - Post-paid customer base increased by 1% year-over-year to 3.478 million[41,135] - 5G customer base grew by 21% year-over-year to 1.894 million, representing 54% of the total post-paid base[45,135] - Consumer outbound roaming revenue in H1'25 grew by 11% year-over-year and reached 141% of pre-pandemic levels[43] Broadband and Pay TV - Consumer broadband net adds increased by 3% year-over-year[48] - Uptake of 2.5G service accelerated, with 141% year-over-year growth[48,132] - Now OTT customer base grew by 17% year-over-year[55,133]

Financial Performance - Revenue increased by 9.9% year-over-year, from $57298 thousand in 2024 to $62943 thousand in 2025[52] - Net profit increased by 13.4% year-over-year, from $19103 thousand in 2024 to $21665 thousand in 2025[52] - Software Licenses revenue saw a significant increase of 33.8% year-over-year, driven by strong growth of software subscriptions[53] - Recurring revenue increased by 12.5% year-over-year, from $15732 thousand in 2024 to $17698 thousand in 2025, accounting for 28.1% of total sales[58, 62] Business Growth and Partnerships - The number of Authorized Peplink & Starlink Solution Providers (ASPs) increased by 33%[22, 23] - The company is collaborating with Starlink, providing access to Starlink's product suite and user base[16] - The company entered into an agreement with Iridium to cross-promote solutions, opening opportunities for technical collaboration and cross-selling[21] Market Trends and Product Development - The company is focusing on edge computing, evolving routers into "intelligent edge nodes" for data processing[32, 33] - The company is developing new FWA-centric products and subscriptions to capitalize on the growing Fixed Wireless Access market[37, 38] Ecosystem and Verticals - The number of devices under subscription increased by 17.7% year-over-year[50] - The subscription take-up rate increased to 36.5% as of June 30, 2025, compared to 34.1% in December 2024[50, 62] - Top verticals by number of deals won include Enterprise (25%), Public Services (18%), and Maritime (10%)[45]

Financial Performance Highlights - The company's Q2'25 operating income increased by 14% year-over-year to $5509 million[5] - Non-Net Interest Income (Non-NII) saw a significant increase of 31% year-over-year in Q2'25, reaching $2806 million[5] - The underlying earnings per share (EPS) for H1'25 increased by 41% year-over-year to 139.2 cents[6, 42] - The tangible net asset value (TNAV) per share increased by 16% year-over-year to 1680 cents[8, 42] Capital Allocation and Shareholder Returns - A new share buyback program of $1300 million was announced[3, 39, 83] - The company is on track to return at least $8 billion to shareholders between 2024 and 2026[3, 57, 83] - Distributions of $6500 million to shareholders have been announced since FY'23 results, including $5300 million in share buybacks and $1200 million in ordinary dividends[40, 42] Business Segment Performance - Global Markets within CIB experienced substantial growth, with income up 47% year-over-year in Q2'25[43, 46] - Wealth Solutions in WRB continued its growth momentum, with income up 20% year-over-year in Q2'25[47] - Ventures segment profit before tax was $130 million in Q2'25, supported by a $238 million gain on the Solv India transaction with Jumbotail[51, 55] Strategic Outlook and Guidance - The company upgraded its 2025 income growth guidance to around the bottom of the 5-7% range at constant currency, excluding notable items[16, 57, 83] - The company expects low single-digit percentage growth in underlying loans and advances to customers for FY'25[34] - The company aims for operating expenses to be less than $12300 million in 2026[22, 57]

Financial Performance - Group retail sales increased by 10% in H1-25[11, 44, 47, 51] - Net revenues reached €2.74 billion, a 9% increase at constant exchange rates[12, 41, 44, 74] - Miu Miu experienced substantial growth of 49%[12, 47] - Prada sales decreased by 2%[12, 47] - EBIT adjusted margin remained steady at 22.6%, amounting to €619 million[12, 41, 53, 74] - Net income saw a slight increase of 1% to €386 million[53, 74] Strategic Investments - Capital expenditure totaled €247 million[12, 56] - Cash flow from operations was €696 million[41, 63] - The company maintains a solid balance sheet with a net cash position of €352 million[62, 63] Retail and Geographic Performance - Retail channel contributed 90% of net revenues[44] - Asia Pacific retail sales increased by 10%[51] - Europe retail sales increased by 9%[51] - Americas retail sales increased by 12%[51]

Financial Performance - Net Interest Income (NII) decreased by 7% YoY, from HK$15483 million to HK$14339 million[8] - Fee and Other Income increased significantly by 34% YoY, reaching HK$6636 million, driven by the Wealth business[8, 11] - Operating Profit decreased by 25% YoY, from HK$11396 million to HK$8549 million[8] - Profit Before Tax (PBT) decreased by 28% YoY, from HK$11307 million to HK$8097 million[8] - Earnings per share (EPS) decreased by 34% YoY, from HK$504 to HK$334[8] - Dividend per share (DPS) increased by 8% YoY, from HK$240 to HK$260[8] Balance Sheet - Customer Loans and Advances decreased by 2% compared to December 2024, from HK$819 billion to HK$803 billion[8, 13] - Customer Deposits increased by 3% compared to December 2024, from HK$1267 billion to HK$1300 billion, driven by affluent customer growth[8, 13, 14] - Non-performing Loan (NPL) ratio increased to 669%, a 57bps increase HoH[8, 11] Capital and Efficiency - Common Equity Tier 1 (CET1) ratio increased to 213%[8, 11] - Total Capital Ratio (CAR) increased to 249%[8, 11] - Cost Efficiency Ratio (CER) improved slightly to 361%, a 07 percentage point decrease YoY[8, 20]