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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Syndicated from Jamaica Stock Exchange · originally published .

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Jamaica Stock Exchange

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68\u003c/p\u003e\n\u003cp\u003e3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

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000
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

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000
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments \u0026amp; Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090\u003c/p\u003e\n\u003cp\u003e4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Syndicated from Jamaica Stock Exchange · originally published .

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417\u003c/p\u003e\n\u003cp\u003e5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year\u003c/p\u003e\n\u003cp\u003e6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.\u003c/p\u003e\n\u003cp\u003e7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders (
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68\u003c/p\u003e\n\u003cp\u003e8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922\u003c/p\u003e\u003c/div\u003e\n\u003cp class=\"abeng-source-link\"\u003eSource: \u003ca href=\"https://cdn.jamstockex.com/pd/2026/06/SML-JSE-Quarterly-Report-as-at-March-2026-Final-Signed.pdf\" target=\"_blank\" rel=\"noopener\"\u003eOriginal PDF\u003c/a\u003e\u003c/p\u003e","body_text":"UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26 Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9 1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director 2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68 3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

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Jamaica Stock Exchange

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments \u0026 Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090 4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

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000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417 5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Syndicated from Jamaica Stock Exchange · originally published .

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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

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000
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

Source: Original PDF

Syndicated from Jamaica Stock Exchange · originally published .

Other coverage

000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year 6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates. 7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders (
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68 8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922","subtitle":null,"available_languages":["ar","de","en","es","fr","hi","ht","it","ja","ko","pt","ru","zh"],"primary_image":"https://abeng.org/og/default.png","images":["https://abeng.org/og/default.png"],"canonical_url":"https://www.jamstockex.com/stanley-motta-limited-sml-unaudited-financial-statement-for-the-first-quarter-ended-march-31-2026","updated_at":"2026-06-02T13:46:33.000Z","scraped_at":"2026-06-03T20:39:54.166Z","related_to":[{"id":"ad7bac25e50dfb05","source":"our-today","title":"FirstRock going big on Costa Rica and Martinique","jaccard":0,"cosine":0.3803916223208276,"computed_at":"2026-06-03T20:40:05.866Z","published_at":"2026-06-01T19:34:24.000Z","media_type":null,"video":null},{"id":"6fc613643cb9eb81","source":"our-today","title":"Unrealized FX losses impairs Sterling’s March quarter financials","jaccard":0,"cosine":0.3747988110068506,"computed_at":"2026-06-03T20:40:06.284Z","published_at":"2026-05-29T18:33:31.000Z","media_type":null,"video":null},{"id":"39b08c1adb98611b","source":"our-today","title":"OT Equity Analysis | Mailpac posts record J$2.98B Revenue as margin expansion steals the story","jaccard":0,"cosine":0.37092218376875313,"computed_at":"2026-06-03T20:40:06.381Z","published_at":"2026-05-28T19:42:09.000Z","media_type":null,"video":null},{"id":"430857caa9791248","source":"gleaner","title":"First Rock plans APO to fund property acquisitions","jaccard":0,"cosine":0.3589285862951723,"computed_at":"2026-06-03T20:40:05.669Z","published_at":"2026-06-03T05:00:00.000Z","media_type":null,"video":null},{"id":"b186f5a4ea878473","source":"gleaner","title":"Flow Jamaica revenue slips to US$103m as Hurricane Melissa weighs on subscribers","jaccard":0,"cosine":0.34672532107414034,"computed_at":"2026-06-03T20:40:06.357Z","published_at":"2026-05-29T05:00:00.000Z","media_type":null,"video":null}]},"available":["ar","de","en","es","fr","hi","ht","it","ja","ko","pt","ru","zh"],"related":[{"id":"ad7bac25e50dfb05","source":"our-today","title":"FirstRock going big on Costa Rica and Martinique","primary_image":"https://our.today/wp-content/uploads/2026/06/First-Rock-Logo-2.png","published_at":"2026-06-01T19:34:24.000Z"},{"id":"6fc613643cb9eb81","source":"our-today","title":"Unrealized FX losses impairs Sterling’s March quarter financials","primary_image":"https://our.today/wp-content/uploads/2026/05/ChatGPT-Image-May-29-2026-01_23_14-PM.png","published_at":"2026-05-29T18:33:31.000Z"},{"id":"39b08c1adb98611b","source":"our-today","title":"OT Equity Analysis | Mailpac posts record J$2.98B Revenue as margin expansion steals the story","primary_image":"https://our.today/wp-content/uploads/2026/05/mailpac_logo.jpg","published_at":"2026-05-28T19:42:09.000Z"},{"id":"430857caa9791248","source":"gleaner","title":"First Rock plans APO to fund property acquisitions","primary_image":"https://abeng.org/og/default.png","published_at":"2026-06-03T05:00:00.000Z"},{"id":"b186f5a4ea878473","source":"gleaner","title":"Flow Jamaica revenue slips to US$103m as Hurricane Melissa weighs on subscribers","primary_image":"http://jamaica-gleaner.com/sites/default/files/styles/1_1_large/public/media/2026/05/29/Stephen%20Price%2C%20vice-president%20and%20general%20manager%20of%20FLOW%20Jamaica%20%281%29.jpeg?h=6cfd5915\u0026itok=yvCQYFZH","published_at":"2026-05-29T05:00:00.000Z"}]}
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Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

Stanley motta limited (sml) – unaudited financial statement for the first quarter ended march 31, 2026

UNAUDITED FINANCIAL STATEMENTS QUARTER ENDED 31 MARCH 2 0 26

Stanley Motta Limited Unaudited Financial Statements Quarter E nded 3 1 March 2026 Page Report to Stockholders 1-2 Statement of Comprehensive Income 3 Statement of Financial Position 4 Statement of Changes in Equity 5 Statement of Cash Flows 6 Notes to the Financial Statements Shareholders Profile 7-8 9

1 Report to Stockholders The Board of Directors of Stanley Motta Limited is pleased to present the unaudited financial statements of Stanley Motta Limited for the quarter ended 31 March 2026. During the three - month period ended 31 March 2026, the Group reported an i ncrease in rental income of 45% in comparison to the corresponding period in 2025, moving from $163.4M as at 31 March 2025 to $237.0M as at 31 March 2026. This increase reflects continued growth in occupancy and rental activity across the Group’s portfolio . The Group’s administrative expenses for 2026 decreased when compared to the same period in 2025, moving from $56.4M as at March 31, 2025 to $49.6M as at 31 March 2026. This reduction reflects continued focus on cost management and operational efficienci es across the Group. The net operating income (NOI), funds from operations (FFO), net profit and net profit margin of the Group for the three - month period ended 31 March 2026 reported increases in comparison to the similar peri od in the previous year. The Year - To - Date (YTD) NOI increased from $107.4M in 2025 to $188.4M in 2026, an upward movement of approximately 75%. YTD FFO increased by $55 M, moving from $9 6.7M for YTD March 2025 to $151.7 M YTD March 2026. These results were achieved through the Group’s continued commitment to strong management practices, operational efficiency, and disciplined execution as the Company advances its strategic growth objectives. Earnings per Share, which is calculated as prof it after tax divided by the weighted average number of shares, was J$0.19 for the three - month period ended 31 March 2026 compared to J$0.12 over the corresponding period of 2025. The Company remains in a strong financial position with total assets as at 3 1 March 2026 of $14.0B in comparison to $11.5 B reported at the end of the prior period as at 31 March 2025. This growth reflects the continued investment in and completion activities associated with the Company’s 10 - storey commercial building and the stren gthening of the Group’s property portfolio. Melanie Subratie Blondell Walker Chairman Director

2 Stanley Motta Limited Unaudited Consolidated Statement of Comprehensiv e Income As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) UNAUDITED UNAUDITED AUDITED THREE (3)MONTHS ENDED 31 MARCH 2026 THREE (3)MONTHS ENDED 31 MARCH 2025 YEAR ENDED 31 DEC 2025

000
000
000 Revenue 236,994 163,398 860,732 Other Operating income 942 328 155,624 Administrative Expenses (49,579) (56,373) (402,112) Fair value gains on investment properties - - 1,573,130 Operating Profit 188,357 107,353 2,187,374 Finance cost (41,796) (13,194) (140,636) Profit before taxation 146,561 94,159 2,046,738 Taxation (1,136) (3,500) (15,863) Net profit for the period 145,425 90,659 2,030,875 Other Comprehensive Income items that may be subsequently reclassified to profit or loss: Currency translation difference on net asset of foreign subsidiary (13,870) 28 43,457 Total Comprehensive Income for the period 131,555 90,687 2,074,332 Earning per stock unit for profit attributable to the equity holders of the Company during the period 0.19 0.12 2.68

3 Stanley Motta Limited Unaudited Consolidated Statement of Financial Position As at 31 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated) Approved by the Board of D irectors on 29 May 202 6 , and signed on its behalf by: Melanie Subratie Blondell Walker Chairman Director UNAUDITED UNAUDITED AUDITED AS AT 31 MARCH AS AT 31 MARCH YEAR ENDED 31 DECEMBER 2026 2025 2025

000 000 000 Non-Current Assets Property, Plant and Equipment 3,253 1,098 3,499 Investment Properties 13,573,434 11,277,049 13,519,138 Right-of-use Asset 88,020 111,940 94,000 Total Non-Current Assets 13,664,707 11,390,087 13,616,637 Current Assets Receivables 123,168 38,820 114,645 Prepayments & Other Receivables 38,469 37,670 33,232 Due from related party 6,593 107 7,162 Cash and Cash Equivalents 393,103 68,799 516,132 Total Current Assets 561,333 145,396 671,171 Current Liabilities Payables 432,987 126,777 440,581 Taxation Payables 7,067 - 5,930 Due to related party 6,230 0 6,230 Current portion of lease 24,787 15,942 24,787 Current portion of borrowings 277,336 179,180 327,190 Total Current Liabilities 748,407 321,899 804,718 Net Current Assets (Liabilities) (187,074) (176,503) (133,547) Total Net Assets 13,477,633 11,213,584 13,483,090 Shareholders’ Equity Share capital 811,933 811,933 811,933 Capital reserve 238,379 238,379 238,379 Translation reserves 161,169 131,610 175,039 Retained Earnings 9,513,936 7,528,328 9,368,511 Total Shareholders' Equity 10,725,417 8,710,250 10,593,862 Non-Current Liabilities Borrowings 2,601,563 2,345,995 2,727,491 Lease Liabilities 80,761 112,332 87,434 Long Term Payable 69,892 45,007 74,303 Total Non-Current Liabilities 2,752,216 2,503,334 2,889,228 Total Equity and Liabilities 13,477,633 11,213,584 13,483,090

4 Stanley Motta Limited Unaudited Consolidated Statement of Changes in Equity Year E nded 3 1 March 202 6 (Expressed in Jamaican dollars unless otherwise indicated ) Number Share Capital Translation Retained of Shares Capital Reserves Reserve Earnings Total 000 000 000 000 000 000 Balance at 31 December 2024 757,828 811,933 238,379 131,582 7,437,669 8,619,563 Net profit for the year, total comprehensive income for the period - - - - 90,659 90,659 Currency translation difference on net assets - - - 28 - 28 - - - 28 90,659 90,687 Balance at 31 March 2025 757,828 811,933 238,379 131,610 7,528,328 8,710,250 Balance at 31 December 2025 757,828 811,933 238,379 175,039 9,368,511 10,593,862 Net profit for the year, total comprehensive income for the period - - - - 145,425 145,425 Currency translation difference on net assets - - - (13,870) - (13,870) - - - (13,870) 145,425 131,555 Balance at 31 March 2026 757,828 811,933 238,379 161,169 9,513,936 10,725,417

5 Stanley Motta Limited Unaudited Consolidated Statement of Cash Flows Year E nded 31 March 2026 (Expressed in Jamaican dollars unless otherwise indicated ) UNAUDITED UNAUDITED AUDITED PERIOD ENDED PERIOD ENDED YEAR ENDED 31-MAR-2026 31-MAR-2025 31-DEC-2025 000 000 000 Cash Flows from Operating Activities Net profit for the year 145,425 90,659 2,030,875 Adjusted for: Taxation 1,136 3,500 15,863 Depreciation 6,226 6,101 24,709 Interest income - (6) (26) Interest expense 41,796 13,808 135,121 Fair value gains on investment properties - - (1,573,130) FX Loss/gain on foreign currency balances 7,369 (3,503) 5,515 201,951 110,559 638,927 Changes in operating assets and liabilities Receivables (13,760) 29,607 (40,725) Due from/(to) related party 569 (8,641) (9,541) Deferred Income - (85) - Long-term payables - - 29,296 payables (12,004) (21,289) 25,459 176,758 110,151 643,416 Tax Paid - (3,500) (9,932) Cash provided by operating activities 176,757 106,651 633,484 Cash Flow from investing Activities Additions to investment properties (54,296) (133,692) (399,553) Interest received - 6 26 Cash used in investing activities (54,296) (133,686) (399,527) Cashflow from Financing Activities Loan principal payment (134,682) (20,987) (60,648) Lease principal payment (6,673) (12,974) (25,552) Additions of long-term loan - 15,818 529,725 Dividend paid - - (200,065) Interest paid (104,133) (10,332) (85,333) Cash (used in)/provided by financing activities (245,490) (28,475) 158,127 Effect of exchange on cash and cash equivalents - - (262) Increase in cash and cash equivalent (123,028) (55,510) 392,084 516,132 124,310 124,310 Cash at the end of the year 393,104 68,800 516,132 Represented by : Cash and Cash equivalent 393,103 68,800 516,132 393,103 68,800 516,132 Cash and Cash equivaents at the beginning of year

6 Stanley Motta Limited Notes to the Unaudited Financial Statements As at 31 March 2026 (Expressed in Jamaican dollars unless otherwise i ndicated) 1. Identification and Principal Activity Stanley Motta Limited, (the Company) is a company limited by shares incorporated and d omiciled in Jamaica. The company is publicly listed on the main market of the Jamaica Stock Exchange. The registered office of the company is located at 58 Half - Way - Tree Road, Kingsto n 10. In November 2017 the Company acquired 100% of the shares of Unity Capital Incorporated resulting in Unity Capital becoming a wholly - owned subsidiary of the Company. These financial statements present the results of operations and financial position of the Company and its subsidiary, which are collectively referred to as “the Group”. The principal activity of the Group is property rental. 2. Statement of Compliance and Basis of Preparation These unaudited interim consolidated financial statements have been prepared in accordance and comply with International Financial Reporting Standards (IFRS) and their interpretations issued by the International Accounting Standards Board (IASB), and the relevant provisions of the Companies Act. The i nterim consolidated financial statements have been prepared under the historical cost convention, as modified by the revaluation of available - for - sale securities and investment property. The accounting policies and method of computation are consistent with the audited financial statements for the year ended 31 December 20 2 5 . These financial statements are expressed in Jamaican D ollar which is the currency of the primary economic environment in which the company operates.

7 3. Earnings per Share Earnings per share are calculated on net profit and are based on the number of shares in I ssue at the end of the period . UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2026 UNAUDITED THREE (3) MONTHS ENDED 31 MARCH 2025 AUDITED YEAR ENDED 31 DEC 2025 Net profit attributable to ordinary shareholders ( 000) 145,425 90,659 2,030,875 Weighted average of number of ordinary shares in issue at the end of the period 757,828 757,828 757,828 Basic earnings per share 0.19 0.12 2.68

8 S tanley Motta Limited Shareholders Profile As at 3 1 March 2026 Ten Largest Shareholders 1. Victoria Mutual Pension Management Limited 133,606,334 2. Stony Hill Capital Limited 113,844,873 3. Caona Investments Limited 75,782,849 4. General Accident Insurance Company Limited 73,591,200 5. Prime Asset Management JPS Employees Superannuation Fund 73,425,531 6. Sagicor Life - Lascelles Demercado Defined Contribution Fund 40,649,565 7. Perseverance Limited 37,891,425 8. VM Wealth Equity Fund 29,652,471 9. Executive Agencies Pension Scheme 28,248,000 10. VMWealth Property Fund 20,468,704 Shareholding of Directors, along with their connected persons 1. Melanie Subratie Shareholding of connected person 263,218,922 2. Sandra Glasgow 200,000 3. Blondell Walker 200,000 4. Minna Israel 100,000 5. Patricia Sutherland Nil 6. Jennifer Scott Nil Shareholding of connected person 111,482,625 7. Jacquelin Watson Nil Shareholding of Management 1. Melanie Subratie Nil Shareholding of connected person 263,218,922

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Syndicated from Jamaica Stock Exchange · originally published .

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