BPH’s investee portfolio reaches a decisive stretch with PEP11 appeal and BARM 2.0 progress

• Advent appeals the Federal Court’s PEP11 judgment, while a separate renewal application remains pending
• Onshore Energy remains in voluntary administration, with a DOCA or winding-up possible
• BPH ended the quarter with $1.127 million in cash and reported $182,000 of operating cash outflows
• Cortical Dynamics is nearing completion of its BARM 2.0 device ahead of testing and planned trials