Kina Securities Holds Steady on 2024 Profit Despite Tax Asset Write-Down

• Underlying 2024 NPAT guidance confirmed at PGK 109.5m - PGK 111.2m
• Statutory profit reduced to PGK 100.0m - PGK 102.0m due to deferred tax asset write-down
• Customer fraud incident impacts profit by PGK 12.0m - PGK 15.0m after tax
• PNG tax rate reduction from 45% to 40% in 2025 and 35% in 2026 triggers deferred tax asset adjustment