JMMB GROUP LIMITED Financial Statements 31 March 2026

JMMB GROUP LIMITED Index 31 March 2026 Pages Independent Auditors’ Report to the Members 1-8 Financial Statements Consolidated profit or loss account 9 Consolidated statement of profit or loss and other comprehensive income 10 Consolidated statement of financial position 11-12 Consolidated statement of changes in stockholders’ equity 13 Consolidated statement of cash flows 14-15 Company statement of profit or loss account and other comprehensive income 16 Company statement of financial position 17 Company statement of changes in stockholders’ equity 18 Company statement of cash flows 19 Notes to the financial statements 20 – 121

KPMG, a Jamaican partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. Rajan Trehan Wilbert A. Spence Damion D. Reid Norman O. Rainford Sandra A. Edwards Uday C. Bhalara Nigel R. Chambers Karen Ragoobirsingh Nyssa A. Johnson Al A. Johnson INDEPENDENT AUDITORS’ REPORT To the Members of JMMB GROUP LIMITED Report on the Audit of the Financial Statements Opinion We have audited the separate financial statements of JMMB Group Limited (“the Company”) and the consolidated financial statements of the Company and its subsidiaries (“the Group”), set out on pages 9 to 121, which comprise the Group’s and Company’s statements of financial position as at 31 March 2026, the Group’s profit or loss account, the Group’s and Company’s statements of profit or loss and other comprehensive income, changes in stockholders’ equity and cash flows for the year then ended, and notes, comprising material accounting policies and other explanatory information. In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Group and the Company as at 31 March 2026, and of the Group’s and Company’s financial performance and cash flows for the year then ended in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board (IFRS Accounting Standards) and the Jamaican Companies Act. Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (ISAs). Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial Statements section of our report. We are independent of the Group and the Company in accordance with the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants, including International Independence Standards (IESBA Code), and we have fulfilled our other ethical responsibilities in accordance with the IESBA Code. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. KPMG Chartered Accountants P.O. Box 436 6 Duke Street Kingston Jamaica, W.I. +1 (876) 922 6640 [email protected]

Page 2 INDEPENDENT AUDITORS’ REPORT (CONTINUED) To the Members of JMMB GROUP LIMITED Report on the Audit of the Financial Statements (Continued) Key Audit Matters Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the financial statements of the current period. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters. 1. Fair value of investments Key Audit Matter [see notes 16 and 33 f or further disclosures Investment Securities : Group: $359,520,973,000 (2025: $316,483,870,000]. How the matter was addressed in our audit A significant portion of the Group’s investment securities measured at fair value are instruments for which quoted prices are not available. Valuation of these investments, although based on mainly observable market inputs, requires significant estimation. The Group used valuation techniques which involve inputs such as market yields obtained from established yield curves which are impacted by uncertainty of market factors. Though market conditions have improved there has been continued volatility of prices in various markets which has increased estimation risk for yields and prices used in determining fair values. The significant estimation uncertainty in deriving these yields and prices increases the risk of material misstatement and hence is an area of increased audit focus. The significant estimation uncertainty in deriving these yields and prices increases the risk of material misstatement and hence in an area of increased audit focus. Our procedures in this area included, in the main, the following: • Assessing and testing the design and operating effectiveness of the Group’s controls over the determination and computation of fair values. • Assessing the reasonableness of significant assumptions used by the Group. • Involving our own valuation specialists to assist us to determine or obtain yields or prices of specific securities and comparing these yield or prices to those used by the Group. • Assessing the adequacy of the disclosures surrounding the key judgements and estimation uncertainty included in the financial statements.

Page 3 INDEPENDENT AUDITORS’ REPORT (CONTINUED) To the Members of JMMB GROUP LIMITED Report on the Audit of the Financial Statements (Continued) Key Audit Matters (continued) 2. Measurement of expected credit losses on financial assets Key Audit Matter [see note 32(b)] How the matter was addressed in our audit The Group recognises expected credit losses (‘ECL’) on financial assets, the determination of which is highly subjective and requires the Group to make significant judgements and assumptions. The key areas that required greater management judgement included the determination of significant increase in credit risk (‘SICR’), the determination of probability of default, loss given default, exposures at default and the application of forward-looking information. Our procedures, in the main, in this area included the following: • Obtaining our understanding of the models used by the Group for the calculation of expected credit losses, including governance over the determination of key judgements and assumptions. • Testing the design and implementation of the controls over the determination of expected credit losses. • Testing the completeness and accuracy of the data used in the models to the underlying accounting records on a sample basis. • Involving our own financial risk modelling specialists to assist us in evaluating the appropriateness of the Group’s impairment methodologies, including the SICR criteria used, independently assessing certain assumptions for probability of default, loss given default, exposure at default and the incorporation of forward-looking information.

Page 4 INDEPENDENT AUDITORS’ REPORT (CONTINUED) To the Members of JMMB GROUP LIMITED Report on the Audit of the Financial Statements (Continued) Key Audit Matters (continued) 2. Measurement of expected credit losses on financial assets (continued) Key Audit Matter [see notes 3 2 (b)] How the matter was addressed in our audit Significant management judgement and assumptions are also used in determining the appropriate variables and assumptions in the model used to measure of the expected credit losses. The use of these judgements and assumptions increases the risk of material misstatement and is therefore an area of increased audit focus. Our procedures, in the main, in this area included the following (continued): • Evaluating the adequacy of the financial statements’ disclosures including disclosures of the key assumptions and judgements, for compliance with IFRS 9. 3. Impairment assessment of investment in associates Key Audit Matter Interest in Associates: $47,358,083,000 (2025: $46,782,869,000) [see note 18] How the matter was addressed in our audit The market capitalisation of the Group’s shareholding in the associated company is below its carrying value, determined using equity accounting. This is considered to be an indicator of impairment for which the Group performed a formal impairment assessment. There is significant judgment and estimation uncertainty in assessing the impairment if the interest in associates which increases the risk of material misstatement and is therefore an area of increased audit focus. Our procedures, in the main, in this area included the following: • Involving our own valuation specialists to assist us in evaluating the Group’s calculation of the recoverable amount of the investment and evaluating the assumptions and methodology used. • Comparing the Group’s assumptions to externally derived data as well as our assessment of key inputs such as discount rate. • Evaluating the Group’s assessment of the forecast performance of its investment by comparing projected results with historical performance as well as our own assessment based on our knowledge of the industry.\

Page 5 INDEPENDENT AUDITORS’ REPORT (CONTINUED) To the Members of JMMB GROUP LIMITED Report on the Audit of the Financial Statements (Continued) Other Information Management is responsible for the other information. The other information comprises the information included in the annual report but does not include the financial statements and our auditors’ report thereon. The annual report is expected to be made available to us after the date of this auditors’ report. Our opinion on the financial statements does not cover the other information and we will not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information identified above when it becomes available and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit, or otherwise appears to be materially misstated. When we read the annual report, if we conclude that there is a material misstatement therein, we are required to communicate the matter to those charged with governance. Responsibilities of Management and Those Charged with Governance for the Financial Statements Management is responsible for the preparation of financial statements that give a true and fair view in accordance with IFRS Accounting Standards and the Jamaican Companies Act, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is responsible for assessing the Group’s and the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Group and/or the Company or to cease operations, or has no realistic alternative but to do so. Those charged with governance are responsible for overseeing the Group’s financial reporting process. Auditors’ Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors’ report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities for the audit of the financial statements is included in the Appendix to this auditors’ report. This description, which is located at pages 7-8, forms part of our auditors’ report.

Page 6 INDEPENDENT AUDITORS’ REPORT (CONTINUED) To the Members of JMMB GROUP LIMITED Report on additional matters as required by the Jamaican Companies Act We have obtained all the information and explanations which, to the best of our knowledge and belief, were necessary for the purposes of our audit. In our opinion, proper accounting records have been maintained, so far as appears from our examination of those records, and the financial statements, which are in agreement therewith, give the information required by the Jamaican Companies Act in the manner required. The engagement partner on the audit resulting in this independent auditors’ report is Karen Ragoobirsingh. Chartered Accountants Kingston, Jamaica May 29, 2026

Page 7 INDEPENDENT AUDITORS’ REPORT (CONTINUED) To the Members of JMMB GROUP LIMITED Appendix to the Independent Auditors’ report As part of an audit in accordance with ISAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Group’s and the Company’s internal control. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. • Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Group’s and Company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditors’ report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditors’ report. However, future events or conditions may cause the Group and/or the Company to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. • Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business activities within the Group to express an opinion on the consolidated financial statements. We are responsible for the direction, supervision and performance of the group audit. We remain solely responsible for our audit opinion. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Page 8 INDEPENDENT AUDITORS’ REPORT (CONTINUED) To the Members of JMMB GROUP LIMITED Appendix to the Independent Auditors’ report (continued) We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. From the matters communicated with those charged with governance, we determine those matters that were of most significance in the audit of the financial statements of the current period and are therefore the key audit matters. We describe these matters in our auditors’ report unless law or regulation precludes public disclosure about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.

Page 9 JMMB GROUP LIMITED Consolidated Profit or Loss Account Year ended 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. Notes 2026 $’000 2025 $’000 Net Interest Income and Other Revenue Interest income from loans and securities, calculated using the effective interest method 5 44,859,229 40,929,691 Interest expense 5 (30,037,582) (29,615,182) Net I nteres t I ncome 14,821,64 7 11,314,509 Fee and commission income 2,947,793 2,826,334 Gains on securities trading, net 4,266,677 5,786,418 Fair value gains on investment properties 19 207,670 352,965 Net gain from financial assets at fair value through profit or loss 812,107 274,726 Fees earned from managing funds on behalf of clients 2,701,581 2,436,101 Foreign exchange margins from cambio trading 2,930,642 1,824,397 Dividend Income 380,254 404,140 Operating Revenue Net of Interest Expense 2 9 ,068,3 7 1 25,219,590 Other income Other 66,316 4,442 29,1 34 ,687 25,224,032 Operating Expenses Staff costs 6 (12,313,896) (11,431,412) Other expenses 7 (12,710,452) (12,389,806) (25,024,348) (23,821,218) 4, 11 0,339 1,402,814 Impairment loss on financial assets 8 (1,612,719) ( 1,895,351) Share of profit of associates 18 860,329 2,674,357 Finance cost (1,328,932) ( 1,754,059) Impairment loss on associate 18 - (64,621) Impairment loss on non-financial assets 20 (83,901) ( 21,951) Gain on disposal of property, plant and equipment 3,500 1,237,024 Gain on disposal of investment properties - 215,099 Profit before Taxation 1,948,616 1,793,312 Taxation 9 (73,808) 1,945,999 Profit for the Year 1,874,808 3,739,311 Attributable to: Stockholders of the parent 1,550,189 3,513,349 Non-controlling interest 31 324,619 225,962 1,874,808 3,739,311 Basic and diluted earnings per stock unit 10 0.79 $1.80

Page 10 JMMB GROUP LIMITED Consolidated Statement of Profit or Loss and Other Comprehensive Income Year ended 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. 2026 2025 Notes $’000 $’000 Profit for the Year 1,874,808 3,739,311 Other comprehensive income Item that will not be reclassified to profit or loss: Unrealised gain on equity securities at fair value through other comprehensive income (FVOCI) 93,909 180,270 Items that are or may be reclassified to profit or loss: Realised loss on debt securities at FVOCI reclassified to gains on securities trading (2,034,471) (184,107) Unrealised gains on debt securities at FVOCI 3,181,290 654,013 Related tax on unrealized gains/(loss) on debt securities at FVOCI 22 180,912 (1,001,274) Share of other comprehensive gains/(loss) of associate 18 1,066,920 (1,057,777) Foreign exchange differences on translation of foreign Subsidiaries 1,115,572 (850,757) Total other comprehensive income/(loss), net of tax 3,604,132 (2,259,632) Total comprehensive income for the year 5, 478,940 1,479,679 Total comprehensive income attributable to: Equity holders of the parent 5,030,007 1,230,636 Non-controlling interest 31 448,933 249,043 5,478,940 1,479,679

Page 11 JMMB GROUP LIMITED Consolidated Statement of Financial Position 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. 202 6 202 5 Notes $’000 $’000 SS S Cash and cash equivalents 12 32,981,634 39,490,910 Balance with the Central Bank 32,382,334 28,262,040 Interest receivable 4,881,294 6,049,404 Income tax recoverable, net 392,771 447,040 Loans and notes receivable, net 13 236,376,884 217,236,833 Other receivables 14 8,042,213 13,731,453 Resale agreements, net 15 3,249,743 2,030,601 Investment securities, net 16 359,520,973 316,483,870 Interest in associates 18 47,358,083 46,782,869 Investment properties 19 3,950,339 3,654,181 Intangible assets 20 3,522,291 4,146,345 Property, plant and equipment 21 3,873,425 3,893,499 Deferred tax assets 22 23,404,478 21,469,636 Right-of-use assets 23 1,615,233 1,783,664 761,551,695 705,462,345 .

Page 12 JMMB GROUP LIMITED Consolidated Statement of Financial Position (Continued) 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. 2026 2025 Notes $’000 $’000 STOCKHOLDERS’ EQUITY Share capital 24 13,956,859 14,094,834 Retained earnings reserve 25(a) 9,605,055 9,605,055 Investment revaluation reserve 25(b) (8,004,084) (9,227,444) Cumulative translation reserve 25(c) 465,230 (632,033) Retained earnings 41,828,643 39,901,480 57,851,703 53,741,892 Non-controlling interest 31 2,488,246 1,902,487 60,339,949 55,644,379 LIABILITIES Customer deposits 267,767,236 226,322,439 Due to other financial institutions 28 6,478,185 9,564,545 Repurchase agreements 26 307,938,400 311,252,480 Notes payable 27 68,647,278 53,731,016 Lease liabilities 23 1,800,243 1,936,520 Redeemable preference shares 24 28,942,735 28,942,735 Deferred tax liabilities 22 47,696 66,459 Interest payable 5,063,071 6,865,269 Income tax payable 1,135,650 907,683 Other payables 30 13,391,252 10,228,820 701,211,746 649,817,966 761,551,695 705,462,345 The financial statements on pages 9 to 121 were approved for issue by the Board of Directors on May 29, 2026 and signed on its behalf by: Archibald Campbell Chairman Keith P. Duncan Group Chief Executive Officer

Page 13 JMMB GROUP LIMITED Consolidated Statement of Changes in Stockholders’ Equity Year ended 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. Share Capital Retained Earnings Reserve Investment Revaluation Reserve Cumulative Translation Reserve Retained Earnings Total Attributable to Equity holders of the Parent Non- Controlling Interest Total Notes $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Balances at 31 March 2024 14,113,865 9,605,055 (7,927,633) 350,869 36,877,019 53,019,175 1,653,444 54,672,619 Total comprehensive income for 2025 Profit for the year - - - - 3,513,349 3,513,349 225,962 3,739,311 Total other comprehensive (loss)/income - - (1,299,811) (982,902) - (2,282,713) 23,076 (2,259,637) Total comprehensive (loss)/income - - (1,299,811) (982,902) 3,513,349 1,230,636 249,043 1,479,679 Transactions with owners of the Company: Dividends paid to ordinary stockholders 11 - - - - (488,888) (488,888) - (488,888) Treasury shares 24 (19,031) - - - - (19,031) - (19,031) Balances at 31 March 202 5 14,094,834 9,605,055 (9,227,444) (632,033) 39,901,480 53,741,892 1,902,487 55,644,379 Total comprehensive income/(loss) for 202 6 Profit for the year - - - - 1,550,189 1,550,189 324,619 1,874,808 Total other comprehensive income/(loss) - - 1,223,360 1,097,263 1,159,195 3,479,818 124,314 3,604,132 Total comprehensive income - - 1,223,360 1,097,263 2,709,384 5,030,007 448,933 5,478,940 Transactions with owners of the Company: Dividends paid to ordinary stockholders 11 - - - - (782,221) (782,221) - (782,221) Treasury shares 24 (137,975) - - - - (137,975) - (137,975) Paid in capital - - - - - - 136,826 136,826 Balances at 31 March 2026 13,956,8 59 9,605,055 (8,0 04,084 ) 46 5,230 4 1,828,643 5 7,851,703 2,488,246 60, 339,949

Page 14 JMMB GROUP LIMITED Consolidated Statement of Cash Flows Year ended 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. Note s 202 6 $’000 202 5 $’000 Cash Flows used in Operating Activities Profit for the year 1,874,808 3,739,311 Adjustments for: Interest income 5 (44,859,229) (40,929,691) Interest expense 5 30,037,582 29,615,182 Share of profits of associates 18 (860,329) (2,674,357) Income tax credit 9 73,808 (1,945,999) Impairment loss on financial assets 8 1,612,719 1,895,351 Amortisation of intangible assets 20 868,398 744,437 Depreciation of property, plant and equipment 21 709,184 637,678 Depreciation of right-of-use assets 23 264,868 269,690 Fair value gain on investment properties 19 (207,670) (352,965) Gain on sale of property, plant and equipment (3,500) (1,237,024) Gain on sale of investment properties - (215,099) Impairment loss on associates 20 - 64,621 Impairment loss on non-financial assets 20 83,901 21,951 Dividend income (380,254) (404,140) Net gain from financial assets at fair value through profit or loss (812,107) (274,726) Foreign currency translation (gain)/loss (2,394) 1,832,194 (11,600,215) ( 9,213,586) Changes in operating assets and liabilities: Cash reserve balances with central bank (4,120,294) ( 2,248,307) Income tax recoverable 54,269 68,933 Loans and notes receivable (21,164,356) (20,617,499) Other receivables 5,513,712 (2,885,819) Resale agreements (1,219,069) (1,023,155) Customer deposits 41,444,797 26,318,271 Due to other financial institutions (3,086,360) (2,729,086) Other payables 3,162,432 (243,429) Repurchase agreements (3,314,080) 2,370,091 5,670,836 (10,203,586) Interest received 46,027,339 40,470,316 Interest paid (31,839,780) (29,111,117) Taxation paid (1,618,533) (1,312,131) Net cash provided by/(used in) operating activities (page 15) 18,239,862 (156,518)

Page 15 JMMB GROUP LIMITED Consolidated Statement of Cash Flows (Continued) Year ended 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. 2026 2025 Notes $’000 $’000 Net cash provided by/(used in) operating activities (page 14) 18,239,862 (156,518) Cash Flows from Investing Activities Purchase of Investment securities (798,414,032) (705,628,947) Proceeds from sale of investment securities 759,626,091 708,167,350 Dividends received 380,254 404,140 Dividend from associate 1,343,246 1,195,054 Purchase of associate companies - (434,781) Purchase of intangible assets 20 (314,360) (484,794) Purchase of property, plant and equipment 21 (731,016) (1,026,162) Purchase of Investment property 19 (99,621) (689,920) Proceeds from disposal of investment properties - 711,099 Proceeds from disposal of property, plant and equipment 11,391 1,662,338 Net cash (used in)/provided by investing activities (38,198,047) 3,875,377 Cash Flows from Financing Activities Proceeds from notes payable 27 30,979,205 20,023,134 Repurchase of treasury shares 24 (137,975) (19,031) Repayment of notes payable 27 (16,060,549) (20,053,850) Payment of lease liabilities 23 (561,557) (362,505) Repayment of preference shares - (112,066) Dividends paid to ordinary stockholders 11 (782,221) (488,888) Net cash provided by/(used in) financing activities 13,436,903 (1,013,206) Effect of exchange rate changes on cash and cash equivalents 12,006 574,278 Net (decrease)/increase in cash and cash equivalents (6,509,276) 3,279,931 Cash and cash equivalents at beginning of year 39,490,910 36,210,979 CASH AND CASH EQUIVALENTS AT END OF YEAR 12 32,981,634 39,490,910

Page 16 JMMB GROUP LIMITED Company Statement of Profit or Loss Account and Other Comprehensive Income Year ended 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. Notes 2026 $’000 2025 $’000 Interest Income and Other Revenue Dividend income 2,421,879 1,713,004 Foreign exchange (loss)/gain (17,488) 69,712 2,404,391 1,782,716 Management fees 600,000 530,000 Operating expenses 7 (269,280) (322,232) 2,735,111 1,990,484 Interest income 5 3,496,664 3,788,947 Interest expense 5 (5,539,894) (5,406,677) Impairment loss on financial assets 8 (5,763) (3,500) Share of loss of associate 18 (780) (12,860) Profit before Taxation 685,338 356,394 Taxation 9 - - Profit for the year 6 8 5,338 356,394 Profit for the Year 68 5,338 356,394 Other comprehensive income Items that are or may be reclassified to profit or loss: Unrealised losses on debt securities at FVOCI (235,527) - Total comprehensive income for the year 4 49,811 356, 3 94

Page 17 JMMB GROUP LIMITED Company Statement of Financial Position 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. Notes 2026 $’000 2025 $’000 ASSETS Cash and cash equivalents 12 76,227 61,671 Interest receivable 701,651 651,517 Income tax recoverable 10,681 - Loans and notes receivable, net 13 36,155,068 39,774,935 Other receivables 14 1,323,071 1,650,982 Resale agreements, net 15 214,024 212,149 Due from subsidiaries 29(i) 13,394,977 10,211,770 Investment securities, net 16 841,234 730,427 Interest in subsidiaries 17 21,126,335 21,126,335 Interest in associated company 18 53,036 53,816 73,896,304 74,473,602 STOCKHOLDERS’ EQUITY Share capital 24 13,956,859 14,094,834 Investment revaluation reserves (235,527) - (Accumulated deficit)/retained earnings (38,637) 58,246 13,682,695 14,153,080 LIABILITIES Notes payable 27 30,358,494 30,358,494 Redeemable preference shares 24 28,942,735 28,942,735 Interest payable 899,128 906,721 Other payables 30 13,252 112,572 60,213,609 60,320,522 73,896,304 74,473,602 The financial statements on pages 9 to 121 were approved for issue by the Board of Directors on May 29, 2026 and signed on its behalf by: Archibald Campbell Chairman Keith P. Duncan Group Chief Executive Officer

Page 18 JMMB GROUP LIMITED Company Statement of Changes in Stockholders’ Equity Year ended 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. Share Capital Investment revaluation reserves Retained Earnings/ (Accumulated Deficit) Total Notes $’000 $’000 $’000 $’000 Balances at 31 March 2024 14,113,865 - 190,740 14,304,605 Profit, being total comprehensive income for the year - - 356,394 356,394 Transaction with owners of the Company: Treasury stock 24 (19,031) - - (19,031) Dividends paid to ordinary stockholders 11 - - (488,888) (488,888) Balances at 31 March 2025 14,094,834 - 58,246 14,153,080 Profit for the year - - 685,338 685,338 Unrealised loss on FVOCI - (235,527) - (235,527) Transaction with owners of the Company: Treasury stock 24 (137,975) - - (137,975) Dividends paid to ordinary stockholders 11 - - (782,221) (782,221) Balances at 31 March 2026 13,956,8 59 (235,52 7 ) (3 8,637 ) 13,68 2,695

Page 19 JMMB GROUP LIMITED Company Statement of Cash Flows Year ended 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) The notes on pages 20 to 121 are an integral part of these financial statements. Notes 2026 $’000 2025 $’000 Cash Flows from Operating Activities Profit for the year 685,338 356,394 Adjustments for: Interest income 5 (3,496,664) (3,788,947) Interest expense 5 5,539,894 5,406,677 Impairment loss on financial assets 8 5,763 3,500 Share of loss of associate 18 780 12,860 Dividend income (2,421,879) (1,713,004) Foreign exchange loss/(gains) 17,488 (69,712) 330,720 207,768 Changes in operating assets and liabilities: Income tax recoverable (10,681) 21,582 Loans and notes receivable 3,619,867 1,063,817 Other receivables 327,911 206,150 Other payables (99,320) 94,902 Resale agreements (1,875) (6,496) Due from subsidiaries (3,183,207) (818,330) 983,415 769,393 Interest received 3,446,530 3,797,757 Interest paid (5,547,486) (5,507,246) Net cash used in operating activities (1,117,541) (940,096) Cash Flows from Investing Activities Dividends received 2,421,879 1,713,004 Purchase of Investment securities (369,586) (126,216) Investment in associated company - (66,676) Net cash provided by investing activities 2,052,293 1,520,112 Cash Flows from Financing Activities Proceeds from issue of notes payable - 11,234,204 Repayment of notes payable - (11,199,321) Repayment of preference shares - (113,232) Repurchase of treasury shares (137,975) (19,031) Dividends paid 11 (782,221) (488,888) Net cash used in financing activities (920,196) (586,268) Net increase/(decrease) in cash and cash equivalents 14,556 (6,252) Cash and cash equivalents at beginning of year 61,671 67,923 CASH AND CASH EQUIVALENTS AT END OF YEAR 12 76,227 61,671

Page 20 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated) 1. Identification (a) JMMB Group Limited (the “Company”) is incorporated and domiciled in Jamaica. The registered office of the Company is located at 6 Haughton Terrace, Kingston 10, Jamaica. The principal activity of the Company is that of holding equity investments in business enterprises. (b) JMMB Group Limited has interest in several subsidiaries and associates which are listed below. The Company, its subsidiaries and associates are collectively referred to as “the Group”. Name of Subsidiary and A ssociate % Shareholding Held by Parent/Subsidiary Country of Incorporation Principal Activities Parent Subsidiary JMMB Real Estate Holdings Limited 100 Jamaica Real estate holding CC SPV Limited (formerly Capital & Credit Securities Limited) 100 Jamaica Investment holding and management JMMB Financial Holdings Limited and its subsidiaries: 100 Jamaica Financial holding company Jamaica Money Market Brokers Limited and its subsidiaries: 100 Jamaica Securities brokering JMMB Securities Limited 100 Jamaica Stock brokering JMMB Insurance Brokers Limited 100 Jamaica Insurance brokering JMMB Fund Managers Limited 100 Jamaica Fund management JMMB Bank (Jamaica) Limited 100 Jamaica Commercial banking JMMB Money Transfer Limited 100 Jamaica Funds transfer JMMB International Limited 100 Barbados Investment holding and management Jamaica Money Market Brokers (Trinidad and Tobago) Limited and its subsidiaries: 100 Trinidad and Tobago Financial holding company JMMB Investments (Trinidad and Tobago) Limited and its subsidiary 100 Trinidad and Tobago Securities brokering JMMB Securities (T&T) Limited 100 Trinidad and Tobago Stock brokering JMMB Bank (T&T) Limited and its subsidiary: 100 Trinidad and Tobago Commercial banking JMMB Express Finance (T&T) Limited 95 Trinidad and Tobago Merchant banking and consumer financing JMMB Holding Company, S.A. and its subsidiaries: 100 Dominican Republic Investment holding and management JMMB Puesto de Bolsa,S.A. 80 Dominican Republic Securities brokering JMMB Sociedad Administradora de Fondos de Inversion, S.A. 70 Dominican Republic Mutual fund administration Banco Multiple JMMB Bank, S.A. formerly Banco Rio De Ahorro Y Credito JMMB Bank S.A 99.91 Dominican Republic Savings and loans bank AFP JMMB BDI S.A. 50 Dominican Republic Pension funds administration services Associates Sagicor Financial Company Limited 24.59 Bermuda Life and health insurance. pension, banking and investment management Mynelend Jamaica Limited 50 Jamaica Consumer Financing Innovate 10x Limited 49 Jamaica Information technology and support

Page 21 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 1. Identification (Continued) On September 24, 2024 the Financial Services Commission approved Jamaica Money Market Brokers Limited as administrator and investment manager pursuant to section 8 of the Pensions (Superannuation Funds and Retirement Schemes) Act 2024. The Financial Services Commission also issued a no objection to a request for change of the fund manager for the Collective Investment Scheme from JMMB Fund Managers Limited to JMMB Money Market Brokers. Effective April 1, 2025, the operations of JMMB Fund Managers Limited were merged with its parent company, Jamaica Money Market Brokers Limited and the assets and liabilities were transferred at book value. In the prior year, the financial regulated entity JMMB International Limited was transferred from JMMB Group Limited to direct ownership of JMMB Financial Holdings Limited (JMMB FHL). The transfers were made at book value. 2. Statement of Compliance and Basis of Preparation (a) Statement of compliance: The financial statements are prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board (IFRS Accounting Standards) and comply with the provisions of the Jamaican Companies Act. Certain new and amended standards came into effect during the current financial year. The Group has assessed them and has adopted those which are relevant to its financial statements. The financial statements are prepared in accordance with IFRS Accounting Standards issued by the International Accounting Standards Board (IFRS Accounting Standards). Other pronouncements under IFRS Accounting Standards did not result in any changes to amounts recognised or disclosed in these financial statements. Details of the Group’s material accounting policies are included in note 36. (b) Basis of preparation: The financial statements are prepared on the historical cost basis, except for certain financial instruments and investment properties which are measured at fair value. (c) Functional and presentation currency: The financial statements are presented in Jamaican dollars, which is the functional currency of the Company, and are expressed in thousands of dollars unless otherwise stated. (d) Use of estimates and judgements: The preparation of the financial statements in conformity with IFRS requires management to make estimates and assumptions that affect the reported amounts of, and disclosures relating to, assets, liabilities, contingent assets and contingent liabilities at the reporting date and the income and expenses for the year then ended. Actual amounts could differ from those estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, or in the period of the revision and future periods, if the revision affects both current and future periods. Information about estimation uncertainty and critical judgements in applying accounting policies that have the most material effect on the amounts recognised in the financial statements are described in note 3.

Page 22 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 3. Critical Accounting Judgements and Key Sources of Estimation Uncertainty The Group accounting policies which require the use of judgements that have the most material effect on the amounts recognised in the financial statements are described below: (a) Key sources of estimation uncertainty (i) Impairment of financial assets (Group and Company) The measurement of the allowances for expected credit loss (ECL) allowance for financial assets measured at amortised cost and fair value through other comprehensive income (FVOCI) is an area that requires the use of complex models and significant assumptions about future economic conditions and credit behaviour (e.g. the likelihood of customers defaulting and the resulting losses). A number of significant judgements are required in applying the accounting requirements for measuring ECL, such as: • Choosing appropriate models and assumptions for the measurement of ECL; • Establishing the number and relative weightings of forward-looking scenarios for each type of product/market and the associated ECL; and Explanation of the inputs, assumptions and estimation techniques used in measuring ECL is further detailed in notes 32(b) and 36(b)(vii). (ii) Fair value of financial instruments (Group) There are no quoted market prices for a significant portion of the Group’s financial assets. Accordingly, fair values of several financial assets are estimated using prices derived from a yield curve. The yield curve is, in turn, obtained from a pricing source which uses indicative prices submitted to it by licensed banks and other financial institutions in Jamaica. There is significant uncertainty inherent in this approach. The fair values determined in this way are classified as Level 2 fair values. Some other fair values are estimated based on quotes published by broker/dealers, and these are also classified as Level 2. The estimates of fair value arrived at from these sources may be significantly different from the actual price of the instrument in an actual arm’s length transaction (see notes 16 and 33). (iii) Impairment of intangible assets (Group) Impairment of intangible assets with indefinite useful lives is dependent upon management’s internal assessment of future cash flows from the intangibles. That internal assessment determines the amount recoverable from future use of these assets. The estimate of the amount recoverable from future use of these assets is sensitive to the discount rates and other assumptions used (note 20). (iv) Impairment of the carrying value of interest in associate (Group) Impairment of interest in associate is dependent upon management’s internal assessment of future cash flows from the associate. That internal assessment determines the recoverable value of the associate. The estimate of the amount recoverable from future operations of the associate is also sensitive to the discount rates used (see note 18).

Page 23 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 3. Critical Accounting Judgements and Key Sources of Estimation Uncertainty (Continued) (b) Critical accounting judgements in applying the Group’s accounting policies The Group’s accounting policies which require the use of judgements in applying accounting policies that have the most material effects on the amounts recognised in the consolidated financial statements include the following: Impairment of financial assets (Group and Company) : Establishing the criteria for determining whether credit risk on the financial asset has increased significantly since initial recognition, determining the methodology for incorporating forward-looking information into the measurement of expected credit losses (ECL) and selection and approval of models used to measure ECL require significant judgement [see notes 32(b) and 36(b)(vii)] . 4. Segment Reporting A segment is a distinguishable component of the Group that is engaged either in providing related products or services (business segment), or in providing products or services within a particular economic environment (geographical segment), which is subject to risks and rewards that are different from those of other segments. The Group’s activities are organised into three main business segments: (i) Financial and related services which include securities brokering, stock brokering, portfolio planning, funds management and investment advisory services. (ii) Banking and related services which include taking deposits, granting loans and other credit facilities, foreign currency trading and remittance and related services. (iii) Other represents insurance brokering, investment and real estate holding. The Group 202 6 Financial & Related Services Banking & Related Services Other Eliminations Group $’000 $’000 $’000 $’000 $’000 External revenues 28, 921,850 29,641,025 612,892 - 59,1 75,767 Elimination of Inter - segment revenue 19, 485,521 265,710 - (19,7 51,231 ) - Total segment revenue 48,407,371 2 9 ,906,735 612,892 (19,751,231) 59,175,767 Segment results ( 2,049 ,82 5 ) 6,236,99 5 (76,831) - 4,110,3 39 Impairment loss on financial assets 1,424 (1,61 7 ,88 7 ) 3,744 - (1,612,719) Impairment loss on non - financial assets - (83,901) - - (83,901) Gain on disposals of property, plant & equipment 3,500 - - - 3,500 Share of profit of associate s 860,329 - - - 860,329 Finance cost (1,328,932) - - - (1,328,932) Profit before tax - - - - 1,948,616 Taxation - - - - (73,808) Profit for the year - - - - 1,874,808 Total segment assets 668, 237,453 341,291,626 5,659,528 (253,636,912) 761, 551,695 Total segment liabilities 584,763,240 3 0 6,400,241 4,778,780 (194,730,51 5 ) 701,211,74 6 Interest income 19,7 60,406 25,080,948 17,875 - 44,8 59,229 Interest expense 19, 715,789 10,32 0,142 1,651 - 30,037,582 Operating expenses 11,057 ,95 9 13,632,954 333,435 - 25,024,34 8 Depreciation and amortisation 992,555 834,339 15,556 - 1, 8 42,450 Capital expenditure 289,759 733,883 121,355 - 1,144,997

Page 24 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 4. Segment Reporting (Continued) The Group 2025 Financial & Related Services Banking & Related Services Other Eliminations Group $’000 $’000 $’000 $’000 $’000 External revenues 27,419,184 26,727,155 692,877 - 54,839,216 Elimination of Inter - segment revenue 16,056,412 303,161 - (16,359,573) - Total segment revenue 43,475,596 27,030,316 692,877 (16,359,573) 54,839,216 Segment results ( 3,548 ,932 ) 4,505,751 445,995 - 1,402,814 Impairment loss on financial assets (97,983) ( 1 ,7 94,047 ) (3,321) - ( 1,895,351 ) Impairment loss on non - financial assets - (21,951) - - ( 21,951 ) Impairment loss on associate (64,621) - - - (64,621) Gain on disposals of property, plant & equipment 1,241,413 (4,389) - - 1,237,024 Gain on disposal s of investment properties - - 215,099 - 215,099 Share of profit of associate s 2,674,357 - - - 2,674,357 Finance cost (1,754,059) - - - (1,754,059) Profit before tax - - - - 1,793,312 Taxation - - - - 1,945,999 Profit for the year - - - - 3,739,311 Total segment assets 650,469,595 300,667,360 5,400,332 (251,074,942) 705,462,34 5 Total segment liabilities 5 7 3,926,83 6 268,768,731 4,334,806 (197,212,407) 649,817,966 Interest income 17,950,094 22,951,175 28,422 - 40,929,691 Interest expense 19,336,743 10,277,613 826 - 29,615,182 Operating expenses 11,073,535 12, 461,890 285,792 - 23,821,21 7 Depreciation and amortisation 987,465 650,999 13,341 - 1,651,805 Capital expenditure 348,771 1,133,407 718,698 - 2,200,876 The Company 202 6 Jamaica Trinidad and Tobago Dominican Republic Barbados Eliminations Total $’000 $’000 $’000 $’000 $’000 $’000 Gross revenues 51,521,858 9,409,937 12,511,100 5,484,104 - 78,926,999 Eliminations (19,7 51,231 ) - - - - (1 9 ,7 51,231 ) External revenues 31,7 70,627 9,409,937 12,511,100 5,484,104 - 59,1 75,768 Total assets 64 5,897,023 109,417,338 116,808,131 143,066,115 (253,636,912) 761, 551,695 Total liabilities 550,826,45 3 96,302,529 107,056,439 141 ,756,839 (194,730,513) 701,211,74 7 The Company 202 5 Jamaica Trinidad and Tobago Dominican Republic Barbados Eliminations Total $’000 $’000 $’000 $’000 $’000 $’000 Gross revenues 46,835,209 8,833,940 11,239,333 4,290,307 - 71,198,789 Eliminations (16,201,903) - - - - (16,201,903) External revenues 30,633,306 8,833,940 11,239,333 4,290,307 - 54,996,886 Total assets 623,760,199 106,801,332 87,124,433 138,851,325 (251,074,944) 705,462,345 Total liabilities 533,717,684 94,642,209 80,424,524 138,245,956 (197,212,407) 649,817,966

Page 25 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 5. Net Interest Income/(Expense) The Group The Company 2026 $’000 2025 $’000 2026 $’000 2025 $’000 Interest income, calculated using the effective Cash and cash equivalents 512,866 753,398 41,226 - Loans and notes receivable 23,314,295 21,178,079 3,440,167 3,774,241 Resale agreements 381,164 414,470 15,271 14,706 Investment securities 20,650,904 18,583,744 - - Total interest income 44,859,229 40,929,691 3,496,664 3,788,947 Interest expense Repurchase agreements 14,093,740 15,099,401 - - Notes payable 4,707,496 4,135,839 3,192,843 3,175,789 Customer deposits 8,708,432 8,028,361 - - Lease liabilities [note 23(ii)] 180,863 120,693 - - Redeemable preference shares 2,347,051 2,230,888 2,347,051 2,230,888 Total interest expense 30,037,582 29,615,182 5,539,894 5,406,677 Net interest income/(expense) 14,821,647 11,314,509 (2,043,230) (1,617,730) 6 . Staff Costs The Group 2026 $’000 2025 $’000 Salaries and benefits, including profit-related pay 9,843,494 8,874,751 Statutory payroll contributions 839,075 884,475 Pension costs (note 34) 396,767 382,833 Training and development 183,546 145,277 Other staff benefits 1,051,014 1,144,076 12,313,896 11,431,412

Page 26 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 7. Other Expenses The Group The Company 20 2 6 $’000 20 2 5 $’000 20 2 6 $’000 2025 $’000 Marketing, corporate affairs and donations 920,480 1,071,199 117,011 91,875 Depreciation and amortisation 1,842,450 1,651,805 - - Directors’ fees [note 29(iii)] 1 8 4,654 182,901 48,814 42,276 Irrecoverable General Consumption Tax 729,170 824,132 25,333 28,515 Insurance 215,547 414,430 - - Auditors' remuneration 442,903 314,455 18,760 17,481 Asset tax 1,168,685 1,131,740 - - Information technology 2,135,297 2,219,496 1,102 - Legal and professional fees 1,829,644 1,621,917 57,365 138,360 Repairs and maintenance 465,825 474,806 - - Travel and entertainment 86,950 64,889 368 2,735 Motor vehicle 13 5 ,590 124,283 - - Office rental 232,002 170,519 - - Security 500,040 497,337 - - Stationery, printing and postage 214,628 264,285 6 302 Utilities 319,528 338,704 4 - Bank charges 762,131 547,549 - - Others 5 24,928 475,359 517 688 12,710,452 12,389,806 269,280 322,232 8. Impairment Loss on Financial Assets The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 C harged/(credited) for the year o n: Investment securities at amortised cost (note 16) (47,902) 4,469 - - Debt securities at FVOCI (539,139) (326,110) - - Loan and notes receivable (note 13) 2,024,305 2,324,288 5,662 3,481 Resale agreement (note 15) (73) 98 101 19 Other receivables (note 14) 175,528 (107,394) - - 1,612,719 1,895,351 5,763 3,500

Page 27 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 9. Taxation (a) Income tax for the Company is computed at 25% on the profit for the year adjusted for tax purposes. Income taxes for all subsidiaries are based on statutory income tax rates prevailing in each jurisdiction. The Group The Company 2026 $’000 2025 $’000 2026 $’000 2025 $’000 Current income tax 1,740,796 1,598,927 - - Green fund and business levy 3,135 (1,536) - - Prior year under provision 102,570 36,588 - - 1,846,501 1,633,979 - - Deferred income tax (note 22) Origination and reversal of temporary differences 287,893 (826,735) - - Tax benefit of losses carried forward (2,060,586) (2,753,243) - - (1,77 2 ,693) (3,579,978) - - 73,808 (1,945,999) - - (b) The tax on profit differs from the theoretical amount that would arise using the statutory rate of 25% as follows: The Group The Company 202 6 $’000 202 5 $’000 202 6 $’000 202 5 $’000 Profit before taxation 1,948,616 1,793,312 686,118 369,254 Tax using domestic rate calculated at 25% (2025: 25%) 794,761 319,604 171,530 92,314 Tax using domestic rate calculated at 33 1/3 % (2025: 33 1/3 %) 1,049,076 630,145 - - Effect of tax on profits in foreign jurisdiction 802,501 720,762 - - Adjusted for the effects of: Income not subject to tax (3,458,476) (4,590,736) (348,840) (220,646) Share of profit of associate included net of tax (81,962) (156,468) - - Disallowed expenses 452,398 713,944 67,250 95,000 Current-year losses for which no deferred tax asset is recognised 389,879 433,016 110,060 33,332 Green fund and business levy 3,135 (1,536) - - Other 19,172 (22,181) - - Prior year under provision income tax 102,570 (29,067) - - Prior year under deferred tax 754 36,518 - - 73,808 (1,945,999) - - Income not subject to tax primarily relates to interest income earned in certain CARICOM jurisdictions and dividend income earned by a wholly owned subsidiary that qualifies for exemption under applicable tax regimes.

Page 28 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 9. Taxation (Continued) (c) At the reporting date, taxation losses, subject to agreement with the relevant tax authorities, available for set off against future taxable profits, amounted to approximately $55,802,694,000 (2025: $49,021,254,000) for the Group and $5,065,191,000 (2025: $4,590,474,000) for the company. At the financial year end, the Group has tax losses of approximately $13,474,079,000 (2025: $12,802,707,000) where deferred tax has not been recognised due to uncertainty of the realisation of these amounts, based on foreseeable taxable profits. (d) Income tax expense is based on the profit for the year, as adjusted for tax purposes, and is computed at statutory rates of 33⅓% for company and regulated local subsidiaries, and 25% for certain foreign and local non-regulated subsidiaries. 10. Earnings per Stock Unit Earning per stock unit (“EPS’’) is computed by dividing the profit attributable to stockholders of the parent of $2,036,661,000 (2025: $3,513,349,000) by the weighted average number of ordinary stock units in issue during the year, numbering 1,955,552,532 (2025: 1,955,552,532). 11. Dividends paid to Ordinary Stockholders The Group and the Company 202 6 $’000 20 2 5 $’000 Interim dividend in respect of 2024 @ 25.0 cents per stock unit - 488,888 Interim dividend in respect of 2025 @ 30.0 cents per stock unit 586,666 - Interim dividend in respect of 2025 @ 10.0 cents per stock unit 195,555 - 782,221 488,888 12. Cash and Cash Equivalents The Group The Company 2026 2025 2026 2025 $’000 $’000 $’000 $’000 Cash 28,059,037 35,685,996 - - Cash equivalents 4,922,597 3,804,914 76,227 61,671 32,981,634 39,490,910 76,227 61,671 13. Loans and Notes Receivable The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Corporate 112,388,353 107,701,428 - - Financial institutions 3,875,184 4,204,787 36,250,108 39,864,313 Individuals 140,220,359 124,103,986 - - 256,483,896 236,010,201 36,250,108 39,864,313 Less: allowance for impairment (18,100,652) (17,150,488) (95,040) (89,378) Balance carried forward to page 29 238,383,244 218,859,713 36,155,068 39,774,935

Page 29 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 13. Loans and Notes Receivable (Continued) The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Balance brought forward from page 28 238,383,244 218,859,713 36,155,068 39,774,935 Less loan fees: At beginning of year (1,622,880) (1,468,590) - - Additions during the year (813,098) (662,285) - - Amortisation during year 429,388 513,452 - - Translation 230 (5,457) - - Unamortised fees at end of year (2,006,360) (1,622,880) - - 236,376,884 217,236,833 36,155,068 39,774,935 Credit quality of loan and notes receivable: The Group 2026 Stage 1 Stage 2 Stage 3 Total $’000 $’000 $’000 $’000 Balance at 1 April 197,963,234 15,913,837 22,133,130 236,010,201 Loans granted 85,465,564 3,484,209 1,177,139 90,126,912 Transfers (9,510,278) 4,846,948 4,663,330 - Write offs - - (693,061) (693,061) Repayments and transfers (59,872,571) (4,819,971) (4,267,614) (68,960,156) Balance at 31 March 214,045,949 19,425,023 23,012,924 256,483,896 The Group 2025 Stage 1 Stage 2 Stage 3 Total $’000 $’000 $’000 $’000 Balance at 1 April 179,725,097 16,446,056 20,283,139 216,454,292 Loan s granted 81,481,598 2,865,086 1,126,456 85,473,140 Transfers (6,043,166) 2,584,248 3,458,91 8 - Write offs - - (414,30 3 ) (414,30 3 ) Repayments and transfers (57,200,295) (5,981,553) (2,321,080) (65,502,928) Balance at 31 March 197,963,234 15,913,837 22,133,130 236,010,201 The Company 2026 Stage 1 Stage 2 Stage 3 Total $’000 $’000 $’000 $’000 Balance at 1 April 39,864,313 - - 39,864,313 Repayments and transfers (3,614,205) - - (3,614,205) Balance at 31 March 36,250,108 - - 36,250,108

Page 30 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 13. Loans and Notes Receivable (Continued) The Company 2025 Stage 1 Stage 2 Stage 3 Total $’000 $’000 $’000 $’000 Balance at 1 April 40,373,973 - - 40,373,973 Repayments and transfers (509,660) - - (509,660) Balance at 31 March 39,864,313 - - 39,864,313 Allowance for impairment: The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Balance at 1 April 17,150,488 16,042,080 89,378 85,897 Charge for year (note 8) 2,024,305 2,324,288 5,662 3,481 Write-offs (1,092,796) (1,498,351) - - Translation differences 18,655 282,471 - - Balance at 31 March 18,100,652 17,150,488 95,040 89,378 Notes receivable for the Company represents loan advances to subsidiaries repayable on 12 January 2029. Interest is payable monthly at a fixed rate of 6.0% to 12.3% per annum. Notes receivable includes the balance on an interest-free revolving advance of $2,916,732,000 (2025: $2,831,732,000) to the trustees of the Group’s Employee Share Ownership Plan (ESOP), the repayment date for which has not been fixed. The number of stock units held by the ESOP at 31 March 2025 was 182,520,193 (2025: 181,387,273). 14. Other Receivables The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Receivable from related parties - 5,318,225 1,323,071 1,650,982 Other receivables* 6,125,642 6,073,194 - - Commission, fees receivable and customer settlement accounts 2,237,327 2,519,931 - - Staff loans 8,860 9,142 - - 8,371,829 13,920,492 1,323,071 1,650,982 Less: allowance for impairment (329,616) (189,039) - - 8,042,213 13,731,453 1,323,071 1,650,982 * Other receivables consist mainly of prepayments, recoverable expenses, deposit on capital expenditure and rental deposits.

Page 31 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 14. Other Receivables (Continued) Allowance for impairment: The Group The Company 202 6 $’000 202 5 $’000 202 6 $’000 202 5 $’000 Balance at 1 April 189,039 44,973 - - Charge for year (note 8) 175,528 (107,394) - - Write off (34,951) 251,460 - - Balance at 31 March 329,616 189,039 - - Comprises the following: The Group The Company 202 6 202 5 202 6 202 5 $’000 $’000 $’000 $’000 Current portion 6,811,654 12,082,756 1,323,071 1,650,982 Non-Current 1,230,559 1,648,697 - - 8,042,213 13,731,453 1,323,071 1,650,982 15. Resale Agreements The Group The Company 202 6 $’000 202 5 $’000 202 6 $’000 202 5 $’000 Denominated in Jamaican dollars 1,400,000 - 214,146 212,170 Denominated in United States dollars 1,850,264 2,031,195 - - 3,250,264 2,031,195 214,146 212,170 Less: allowance for impairment (521) (594) (122) (21) 3,249,743 2,030,601 214,024 212,149 Allowance for impairment: The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Balance at 1 April 594 496 21 2 (Credit)/charge for year (note 8) (73) 98 101 19 Balance at 31 March 521 594 122 21 Resale agreements include balances with related parties as set out in note 29. All resale agreements mature within twelve months after the reporting date. The securities that the Group obtains as collateral under resale agreements may be used as collateral under repurchase agreements. Certain of these securities and interest accrued thereon with carrying value of $3,763,710,000 (2025: $2,377,750,000 ) are pledged as security for repurchase agreements (note 26). At the reporting date, the fair value of the securities obtained and held under resale agreements was $3,763,710,000 (2025: $2,377,750,000) and $214,024,000 (2025: $212,170,000) for the Group and Company, respectively.

Page 32 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 16. Investment Securities The Group The Company 2026 $’000 2025 $’000 2026 $’000 2025 $’000 Debt securities at amortised cost: Certificates of deposit - 70,545 686,905 655,932 Government of Jamaica securities 56,633,495 57,077,244 - - Other s overeign bonds 14,116,756 8,005,205 - - Corporate bonds: Government of Jamaica guaranteed 537,339 830,448 - - Other 2,132,115 1,057,559 70,951 - 73, 419,705 67,041,001 757,856 655,932 Less: allowance for impairment losses for investments at amortised costs ( 125,859 ) (174,424) (467) (467) 73, 293,846 66,866,577 757,389 655,465 Debt securities at fair value through other comprehensive income: Government of Jamaica securities 70,30 5 ,620 67,516,359 - - Certificates of deposit 26,893,618 14,431,325 - - Government of Jamaica guaranteed 53,551 150,099 - - Corporate bond s 78,448,299 69,715,756 - - Other sovereign bonds 96,331,921 82,383,819 - - 272,033,009 234,197,358 - - Equity securities designated at fair value through other comprehensive income: Quoted securities 1,102,733 3,595,856 79,812 - Unquoted securities 1,138,959 1,221,401 - - 2,241,692 4,817,257 79,812 - Other securities at fair value through other comprehensive income: Other 4,033 4,033 4,033 74,962 Debt securities designated at fair value through profit or loss: Corporate bond s 563,607 544,701 - - Other s overeign bonds 40,666 42,723 - - 604,273 587,424 - - Equity securities mandatorily measured at fair value through profit and loss: Quoted securities 8,845,098 7,494,798 - - Other securities mandatorily measured at fair value through profit and loss: Units in unit trusts 891,414 894,436 - - Money m arket f unds 268,994 823,747 - - Unquoted securities 1,338,614 798,240 - - 2,499,022 2,516,423 - - 359,520,973 316,483,870 841,234 730,427

Page 33 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 16. Investment Securities (Continued) During the year, there were no disposals or transfers of any cumulative gain or loss within equity of investment securities designated as at FVOCI. Dividend income recognized on these investments was $135,943,000 (2024: $142,969,000). Allowance for impairment for investments at amortised cost: The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Balance at 1 April 174, 424 174,896 467 467 (Credit)/charge for the year (note 8) (47,902) 4,469 - - Recoveries/write offs ( 663 ) (4,941) - - Balance at 31 March 125,859 174,424 467 467 Investments mature, from the reporting date, as follows: The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Government of Jamaica securities: Within 3 months 320,600 918,620 - - Over 3 months to 1 year 3,197,998 3,359,944 - - Over 1 year to 5 years 22,581,683 14,841,675 - - Over 5 years 100,737,483 105,323,787 - - 126,837,764 124,444,026 - - Certificates of deposit: Within 3 months 21,689,289 10,333,950 686,438 - Over 3 months to 1 year 3,775,366 29,242 - 655,465 Over 1 year to 5 years 1,428,963 4,138,678 - - 26,893,618 14,501,870 686,438 655,465 Sovereign and corporate bonds: Within 3 months 25,677,676 26,017,305 - - Over 3 months to 1 year 38,693,081 45,053,917 - - Over 1 year to 5 years 52,599,602 29,550,357 - - Over 5 years 74,872,572 62,083,884 - - 191,842,931 162,705,463 - - Other [see (c) below] 13,946,660 14,832,511 154,796 74,962 359, 520,97 3 316,483,870 841,234 730,427

Page 34 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 16. Investment Securities (Continued) (a) Government of Jamaica securities and certain other bonds with carrying value of $339,978,437,000 (2025: $315,411,554,000 ) are pledged as security for repurchase agreements (note 26) and notes payable (note 27) under terms that they may be repledged or resold by counterparties if the Group fails to meet its obligations. (b) Government of Jamaica securities with an aggregate face value of $732,397,500 (2025: $652,165,950,000) have been pledged as collateral against possible overdrafts at the Central Bank and against uncleared effects at one of the Group’s bankers. (c) Other securities include quoted equities, unit trust holdings and interest in pooled money market fund, for which there are no fixed maturity dates. 17. Interest in Subsidiaries The Company 202 6 $’000 202 5 $’000 Shares at cost: JMMB Financial Holdings Limited 21,000,019 21,000,019 JMMB Real Estate Holdings Limited 1 1 CC SPV Limited (formerly Capital & Credit Securities Limited) 126,315 126,315 21,126,335 21,126,335 During the prior year, the Company transferred its direct ownership interest in JMMB International Limited to JMMB Financial Holdings Limited as part of an internal group reorganisation between entities under common control. The transfer was effected at carrying value in accordance with the Company’s accounting policy for transactions under common control, and accordingly no gain or loss was recognised in profit or loss. The transaction did not involve the transfer of cash and has therefore been excluded from the statement of cash flows. 18. Interest in Associates and Joint Venture Interest in Associates and Joint Venture 2026 2025 $’000 $’000 Carrying amount of interest in associate s and joint venture : Sagicor Financial Company Limited (SFC) 47, 305,047 46,583,218 Mynelend Jamaica Limited - 145,835 Innovative 10X 53,036 53,816 47,358,083 46,782,869 The Group share of profit comprise s : 2026 2025 $’000 $’000 Sagicor Financial Company Limited (SFC) 1,006,944 2,844,866 Mynelend Jamaica Limited (145,835) (157,649) Innovative 10X (780) (12,860) 860,329 2,674,357

Page 35 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 18. Interest in Associate and Joint Venture (Continued) The following table provides a movement in the carrying value of Sagicor Financial Company Limited (SFC) and Mynelend Jamaica Limited: SFC Mynelend Jamaica Limited 2026 2025 2026 2025 $’000 $’000 $’000 $’000 At beginning of the year 46,583,218 44,873,796 145,835 - Acquisition - - - 368,105 Share of profits/(loss) 1,006,944 2,844,866 (145,835) (157,649) Impairment - - - (64,621) Dividends received (1,343,246) (1,195,054) - - Movement in other reserves 1,066,920 (1,057,777) - - Translation adjustment (8,789) 1,117,387 - - At end of the year 47, 305,047 46,583,218 - 145,835 Sagicor Financial Company Limited The Group holds 24.59% (2025: 24.50%) of the issued share capital of Sagicor Financial Company Limited. The change in percentage shareholding during the year arose from SFC’s repurchase of its own shares. The Group has concluded that it has significant influence over SFC and has therefore accounted for the investment as an associate using the equity method. In reaching this conclusion, the Group has considered its representation on the board of directors of SFC, its participation in policy-making processes, including strategic and financial decisions, and the size of its shareholding relative to other shareholders. The principal activities of SFC are life and health insurance, annuities and pension administration services and banking and investment management services. The registered office of SFC is located at Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda, with its principal office located at Cecil F De Caires Building, Wildey, St. Michael, Barbados. The main purpose of the acquisition is to diversify the Group’s income stream while improving core earnings. SFC is listed on the Toronto Stock Exchange. The following table presents the summarised financial information in respect of SFC as indicated in its own financial statements, adjusted for fair value adjustment at acquisition. The table also reconciles the summarized financial information to the carrying amount of the Group’s interest in SFC. The Group has used the last audited financial statements of SFC as at and for the year ended 31 December 2025 adjusted for its unaudited results for the three months to 31 March 2026 for inclusion in these financial statements. Mynelend Jamaica Limited The Group entered into a joint venture with Mynehub Ventures S.L. and CWC CALA Holdings Limited where it acquired 50% equity stake in the entity. The Group has accounted for this investment as a Joint Venture and has applied the equity method of accounting. The principal activities of Mynelend is consumer financing through Digital platform. The company was incorporated on October 11, 2023 and commenced trading 28 August 2024 following regulatory approval from the Bank of Jamaica. The registered office of Mynelend is located at 6 Haughton Terrace, Kingston 10, with its principal office located at 2 – 6 Carlton Crescent, Kingston. The main purpose of the joint venture is to diversify revenues by innovatively introducing to consumer finance/micro lending business line in Jamaica using a scalable digital based lending model. The table below presents the unaudited financial statements as at and for the year ended 31 March 2026 for inclusion in these financial statements.

Page 36 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 18. Interest in Associate and Joint Venture (Continued) (i) (ii) SFC Mynelend Jamaica Limited 2 4.5 9 % (202 5 : 2 4.50 ) 50% 202 6 202 5 202 6 202 5 $’000 $’000 $’000 $’000 Total assets 3,967,123,833 3,659,535,679 81,805 267,984 Total liabilities (3,751,264,931) (3,450,859,907) (227,752) (105,556) Net assets 215,858,902 208,675,772 (145,947) 162,428 Revenue 454,075,913 486,351,931 66,428 11,316 Profit/(loss) from continuing operation 4,103,864 12,207,283 (293,383) (315,298) Other comprehensive income/(loss) 4,463,495 (7,158,019) - - Total comprehensive income/(loss) 8,567,359 5,049,264 (293,383) (315,298) Group’s share of profit/(loss) (24.49% to 24.59%) 1,006,944 2,844,866 (145,835) (157,649) Group’s share of other comprehensive income/(loss) 1,066,920 (1,057,777) - - Group’s share of total comprehensive income/(loss) 2,073,864 1,787,089 - (157,649) Net assets of the associate – 100% 215,858,902 208,675,772 (145,947) 162,429 Pre-acquisition goodwill and intangible assets (12,068,099) (12,068,099) 129,241 129,241 Non-controlling interests (61,724,021) ( 57,595,117) - - Adjusted net assets 142,066,782 139,012,556 (16,706) 291,670 Group’s share of adjusted net assets 33,560,756 32,839,250 - 145,835 Intangible assets recognised on acquisition 6,238,343 6,238,343 - - Translation gain 7,505,948 7,505,625 - - Carrying amount of interest in associate 47,305,047 46,583,218 - 145,835 (i) The carrying value of SFC and the fair value indicated by its quoted price on the Toronto Stock Exchange (‘’TSE Indicative Value’’) as at 31 March is as follows: The Group 202 6 The Group 2025 Carrying Value TSE Indicative Value Carrying Value TSE Indicative Value $’000 $’000 $’000 $’000 Sagicor Financial Company Limited 47, 305,047 34,994,536 46,583,218 28,324,500 Management has performed an impairment assessment using a value in use model. The value in use attributable to the Group’s interest in SFC, reflecting its proportionate ownership, is estimated at $61,697,193,000 (2025: $64,356,325,000) which exceeds the carrying value at the reporting date.

Page 37 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 18. Interest in Associates and Joint Venture (Continued) (i) The carrying value of SFC (continued) The value in use calculation is based on discounted cash flow projections using key assumptions including a discount rate of 12.7% (2025: 12.4%) and long-term growth rate of 3.0% (2025: 3.0%).The quoted market value of the investment is lower than the carrying amount; however, management considers that the market price does not reflect the underlying long-term value of the investment. Sensitivity analyses have been performed, and no reasonably possible change in key assumptions would result in an impairment. (ii) The carrying vale for Mynelend and fair value indicated by The Group 202 6 The Group 202 5 Carrying Value Indicative Value Carrying Value Indicative Value $’000 $’000 $’000 $’000 Mynelend Jamaica Limited - - 145,835 145,835 Management has conducted an impairment assessment in respect of this investment involving a review of the performance of Mynelend as well as the fair value of the underlying assets and determined an impairment loss to the carrying values of $64.6 million. 19. Investment Properties The Group 2026 2025 $’000 $’000 Balance as at 1 April 3,654,181 3,098,043 Acquisitions 99,621 689,920 Disposals - (496,000) Transferred from property, plant and equipment (note 21) (19,649) 14,395 Fair value gain on investment properties 207,670 352,965 Foreign translation gain/(loss) 8,516 (5,142) 3,950,339 3,654,181 The properties are measured at fair value, as appraised by professional, independent property valuers having appropriate recognised professional qualifications and recent experience in the location and category of the property being valued at least every three years. Where independent valuations are not obtained, the fair values are determined by the directors using valuation techniques consistent with those applied by external valuer. 32% (2025: 65%) of the properties were appraised by independent valuers in the current year. The valuation model uses the income approach and a market approach and considers the location and condition of the properties as well as recent comparable transactions in the same proximity.

Page 38 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 19. Investment Properties (continued) The properties generated rental income of $77,642,000 (2025: $33,521,000) and incurred expenses of $18,075,000 (2025: $56,759,000) for the year. The fair value of the Group’s investment property is categorised as Level 3 in the fair value hierarchy. The techniques used to determine the fair value of the Group’s investment properties are as follows: Valuation technique Significant unobservable inputs Inter - relationship between key unobservable inputs and fair value measurement Market approach : This model takes into account: • The assumed intention to dispose of the property in an open market transaction • The assumed sale would take place on the basis of a willing seller and willing buyer; • A reasonable period in which to negotiate a sale, taking into account the nature of the property and state of the market; • Values are expected to remain stable throughout the period of market exposure and disposal (hypothetical); and • The property will be freely exposed to the market. • Income capitalisation approach: This is an approach whereby the present value of the estimated or actual future cash benefits or income stream is calculated. The approach applies the use of valuation tables derived for professional valuation purposes . • Details of the sales of comparable properties • Conditions influencing the sale of the comparable properties • Comparability adjustment • (Changes in these inputs by 5-10% would have a significant impact on the value of the properties) • Capitalisation rate of 8.1% - 9.6% (based on the length of the lease) • Annual rental value The estimated fair value would increase/(decrease) if: • The demand for properties in the location was higher/(lower). • Sale value of comparable properties were higher/(lower). • Comparability adjustments were higher/(lower). • The estimated fair value would increase/ (decrease) if: Capitalisation rate is higher/ lower.

Page 39 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 20. Intangible Assets The Group Computer Software Customer List and Core Deposits Licence Goodwill Other Total $’000 $’000 $’000 $’000 $’000 $’000 Cost 31 March 2024 6,076,590 703,767 426,867 125,203 390,388 7,722,815 Additions 484,794 - - - - 484,794 Impairment - - - ( 21,951) - ( 21,951) Exchange rate adjustment (3,424) 5,101 1,110 (3,567) 4,985 4,205 31 March 2025 6,557,960 708,8 68 427,977 99,68 5 395,373 8,189,8 63 Additions 314,360 - - - - 314,360 Impairment - - - (83,901) - (83,901) Exchange rate adjustment 4,673 4,674 8,498 3,473 79 21,397 31 March 202 6 6,8 76,993 713,542 436,475 19,25 7 395,452 8,44 1,71 9 Accumulated Amortisation 31 March 2024 2,362,273 619,300 - - 31 0 ,739 3,292,312 Charge for the year 714,460 29,977 - - - 744,437 Exchange rate adjustment (3,422) 5,205 - - 4,985 6,768 31 March 2025 3,073,31 1 654,482 - - 315,724 4,043,51 7 Charge for the year 838 ,108 30, 2 90 - - - 868,398 Exchange rate adjustment 4,671 2,763 - - 79 7,513 31 March 202 6 3,916,090 6 8 7, 5 35 - - 315,803 4,919,428 Net Book Value 31 March 202 6 2,96 0,903 26,007 436,475 19,257 79,649 3,5 2 2,291 31 March 202 5 3,484,648 54,386 427,977 99,68 5 79,649 4,146,345 Impairment testing for intangible assets with indefinite useful lives Licences recognised in JMMB Bank (Trinidad & Tobago) Limited and JMMB Holding Company Limited, S.A. The recoverable amounts of the cash generating units (CGUs) with the licences are based on value in use, determined by discounting the future cash flows of the CGUs. The licences were valued using “with-and-without” (WOW) method which compares the present value of the cash flows “with the asset” in place to the present value of cash flows “without the asset.”

Page 40 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 20. Intangible Assets (Continued) Impairment testing for intangible assets with indefinite useful lives (continued) The key assumptions used in the estimation of the recoverable amounts were as follows: 202 6 20 2 5 202 6 20 2 5 Dominican Republic Trinidad and Tobago Discount rate: 19.8% 20.7% 17.8% 16.9% Long-term growth rate 4% 4% 2% 2% Time to obtain licence 2 years 2 years 3-5 years 3-5 years Discount rates would need to exceed 161% and 106% for the recoverable amounts to be below the carrying amount of the licences for the Dominican Republic and Trinidad and Tobago, respectively. The discount rates are post-tax measures determined based on rates used for similar assets in the relevant countries, business risks and other company specific risks. The cash flow projections include specific estimates for ten and eleven years and a terminal growth rate thereafter. The terminal growth rate was determined based on management’s estimate of the long-term compounded annual growth rates, consistent with assumptions that a market participant would make. The ten and eleven year cash flow projections are considered reflective of a stabilized level of earnings to estimate terminal value. The estimated recoverable amounts of the CGUs were estimated to be lower than their carrying amounts hence, goodwill was impaired and written down to its recoverable amount. 21. Property, Plant and Equipment The Group Freehold Land and Buildings Leasehold Improvement Motor Vehicles Computer Equipment Equipment, Furniture and Fittings Total $’000 $’000 $’000 $’000 $’000 $’000 Cost 31 March 2024 2,438,870 1,333,987 207,005 2,477,558 2,496,244 8,953,664 Additions 282,153 258,958 52,259 209,209 223,583 1,026,162 Transfer (note 19) (14,395) - - - - (14,395) Reclassification (101,432) 49,969 - 32,527 18,936 - Disposals (645,622) - - - (47,168) (692,790) Adjustment (4,763) (196,397) - 3,432 (39,205) (236,933) Exchange rate adjustment (5,841) 9,423 (4) 21,769 6,234 31,581 31 March 2025 1,948,97 0 1,4 55, 9 4 0 259,2 60 2,7 44,4 95 2,658, 6 2 4 9, 067, 289 Additions 222,908 146,148 48,672 116,225 197,063 731,016 Transfer (note 19) (620) - - - 620 - Transfer from investment properties (Note 19) - - - - 19,649 19,649 Reclassification (289,711) 135,955 - 66,389 87,367 - Disposals (4,186) - (8,300) (3,626) (99) (16,211) Exchange rate adjustment (60,073) 13,542 6 7,106 8,750 (30,669) 31 March 2026 1,817,288 1,751,585 299,638 2,930,589 2,971,974 9,771,074

Page 41 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 21. Property, Plant and Equipment (Continued) The Group Freehold Land and Buildings Leasehold Improvement Motor Vehicles Computer Equipment Equipment, Furniture and Fittings Total $’000 $’000 $’000 $’000 $’000 $’000 31 March 2024 427,711 919,212 90,123 1,809,554 1,748,059 4,994,659 Charge for the year 37,662 134,518 35,809 233,690 195,999 637,678 Disposals (132,780) (91,917) - - (42,779) (267,476) Reclass (208) - - - - (208) Adjustment - (183,305) - (209) (34,409) (217,923) Exchange rate adjustment (587) 5,619 (4) 15,296 6,736 27,060 31 March 2025 331,798 784,127 125,928 2,058,331 1,873,606 5,173,790 Charge for the year 35,903 171,907 41,596 236,649 223,129 709,184 Disposals - - (8,300) - (20) (8,320) Exchange rate adjustment 862 11,931 6 2,738 7,458 22,995 31 March 2026 368,563 967,965 159,230 2,297,718 2,104,173 5,897,649 Net Book Value 31 March 2026 1,448,725 783,620 140,408 632,871 867,801 3,873,425 31 March 2025 1,617,172 671,813 133,332 686,164 785,018 3,893,499 22. Deferred Taxes Deferred tax assets and liabilities are offset when there is a legally enforceable right to offset current income tax assets against current income tax liabilities and when the deferred income tax assets and liabilities relate to income tax levied by the same fiscal authority. Deferred income tax is calculated in full on temporary differences under the balance sheet method using the principal tax rate applicable to the jurisdictions in which the temporary differences arise. Deferred tax assets and liabilities recognised on the statement of financial position are as follows: The Group 2026 2025 $’000 $’000 Deferred tax asset s 23,404,478 21,469,636 Deferred tax liabilities (47,696) (66,459) 23,356,782 21,403,177

Page 42 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 22. Deferred Taxes (Continued) The movement for the year in the net deferred tax is as follows: 2026 The Group Balance at Beginning of Year Recognised in Income (note 9) Recognised in Other Comprehensive Income Balance at End of Year $’000 $’000 $’000 $’000 Tax losses carried forward 12,017,278 2,060,5 86 - 14,077,8 64 Investments 3,208,548 (168,21 4 ) 180,9 12 3,221 ,2 46 Accounts payable 125,209 20,603 - 145,812 Property, plant and equipment 427,098 81,908 - 509,006 Interest payable 1,546,378 (241,840) - 1,304,538 Unrealised foreign exchange loss 4,769,979 (297,601) - 4,472,378 Notes receivable 358,395 208,574 - 566,969 Lease liabilities 36,265 (555) - 35,710 Interest receivable (1,085,973) 109,232 - (976,741) Net deferred tax assets 21,403,177 1,772,693 180,912 23,356,782 20 2 5 Balance at Beginning of Year Recognised in Income (note 9) Recognised in Other Comprehensive Income Balance at End of Year $’000 $’000 $’000 $’000 Tax losses carried forward 9,264,035 2,753,243 - 12,017,278 Investments 3,999,208 210,614 (1,001,274) 3,208,548 Accounts payable 96,134 29,075 - 125,209 Property, plant and equipment 272,725 154,373 - 427,098 Interest payable 1,653,364 (106,986) - 1,546,378 Unrealised foreign exchange loss 4,272,727 497,252 - 4,769,979 Notes receivable 212,439 145,956 - 358,395 Lease liabilities 38,807 (2,542) - 36,265 Interest receivable (984,966) (101,007) - (1,085,973) Net deferred tax assets 18,824,473 3,579,978 (1,001,274) 21,403,177 Deferred tax assets and liabilities are presented on a net basis by jurisdiction. Accordingly, the analysis of temporary differences below includes both deductible and taxable temporary differences “

Page 43 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 23. Leases The Group leases properties for office space and other uses. The leases run for periods of 1 to 15 years. Certain leases have an option to renew for further periods of 1 to 15 years. The Group leases IT equipment with contract terms of one to three years. These leases are short ‑ term and/or leases of low ‑ value items. The Group has elected not to recognise right ‑ of ‑ use assets and lease liabilities for these leases. (i) Amounts recognised in the statement of financial position: The Group 202 6 202 5 $’000 $’000 Right-of-use assets - properties: Balance as at 1 April 1,783,664 637,510 Additions 135,222 1,408,745 Depreciation charge for the year (264,868) (269,690) Disposals (38,074) (35,188) Remeasurement (5,980) 35,231 Foreign currency translation differences 5,269 7,056 Balance at 31 March 1,615,233 1,783,664 Lease liabilities: Current 368,844 226,918 Non-current 1,431,399 1,709,602 1,800,243 1,936,520 (ii) A mounts recognised in the profit and loss account: The Group 202 6 202 5 $’000 $’000 Depreciation charge o n right - of - use assets 264,868 269,690 Foreign exchange loss on lease liabilities 8,041 14,215 Interest expense on lease liabilities (note 5) 1 8 0 ,452 120,693 Expense relating to short-term and low-value leases (included in administration expenses) 136,606 71,394

Page 44 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 23. Leases (Continued) (iii) Amounts recognised in the statement of cash flows The Group 202 6 202 5 $’000 $’000 Interest expense 180,452 120,693 Principal payment 381,105 241,812 Total cash outflows for leases 561,557 362,505 (iv) Extension options Some property leases contain extension options exercisable by the Group up to twelve months before the end of the non-cancellable contract period. Where practicable, the Group seeks to include extension options in new leases to provide operational flexibility. The extension options held are exercisable only by the Group and not by the lessors. The Group assesses at lease commencement date whether it is reasonably certain to exercise the extension options. The Group reassesses whether it is reasonably certain to exercise the options if there is a significant event or significant changes in circumstances within its control. 24. Share Capital 2026 2025 N umber of Shares Number of Shares (’000) (’000) Authorised ordinary stock units at no par value : unlimited unlimited Fixed rate cumulative redeemable preference shares of no par v alue 10 ,000,000 10 ,000,000 202 6 202 5 Number of Shares Number of Shares (’000) (’000) Issued ordinary share capital: Ordinary stock units in issue at no par value 1,955,552 1,955,552

Page 45 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 24. Share Capital (Continued) The Group and Company 2026 $’000 2025 $’000 Stated capital : 1,955,552,532 (20 23 : 1,955,552,532) ordinary stock units 14,115,924 14,115,924 1,827,548,000 9.50% cumulative redeemable preference shares 1,827,548 1,827,548 42,783,500 US$ 8.50% cumulative redeemable preference shares 6,745,674 6,745,674 1,848,937,000 10% (2025: 10%) cumulative redeemable preference shares 3,697,874 3,697,874 21,265,000 US$ 7.5% (2025: 7.5%) cumulative redeemable preference shares 6,705,705 6,705,705 3,206,485,000 J$ 7.35% cumulative redeemable preference shares 9,619,455 9,619,455 115,493,000 J$ 7.15% cumulative redeemable preference shares 346,479 346,479 43,058,659 43,058,659 Less: redeemable preference shares classified as liability (28,942,735) (28,942,735) 14,115,924 14,115,924 Less: treasury shares (159,065) (21,090) 13,956,859 14,094,834 During the prior year, the Company repurchased 7,652,904 shares at a total cost of $137.98M. Share capital in equity has been reduced by the cost of the shares repurchased and commission paid on the transactions. The cost of shares repurchased and not cancelled, has been referred to as treasury shares. The significant terms and conditions of the mandatorily redeemable preference shares are as follows: (i) The right to a cumulative preferential dividend payable monthly at the rate agreed for each class; (ii) The right, on winding up, to receive all arrears of dividend and repayment of capital in priority to the ordinary stockholders; and (iii) No right to vote, except where dividends are not paid for twelve months or on winding up of the Company. The rights attaching to the ordinary stock units include the following: (i) Entitlement of dividends as declared from time to time. (ii) Entitlement to one vote per stock units at meetings of the Company. (iii) Entitlement to the residual assets.

Page 46 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 25. Reserves (a) Retained Earnings Reserve In a previous year, in accordance with a board resolution, a subsidiary transferred a portion of its profit after tax to a non-distributable retained earnings reserve. This reserve constitutes a part of the subsidiary’s regulatory capital. (b) Investment Revaluation Reserve The investment revaluation reserve comprises the cumulative net change in the fair value of debt securities at fair value through other comprehensive income, impairment losses on such securities, net of deferred tax, until the assets are derecognised or impaired. (c) Cumulative Translation Reserve The cumulative translation reserve comprises all foreign currency differences arising from the translation of the financial statements of foreign operations. 26. Repurchase agreements The Group 2026 $’000 2025 $’000 Denominated in Jamaica dollars 88,843,051 81,623,177 Denominated in United States dollars 172,747,543 183,561,422 Denominated in Euro 8,846 162,490 Denominated in Dominican Republic Peso 37,469,138 35,813,037 Denominated in Trinidad and Tobago dollars 8,869,822 10,092,354 307,938,400 311,252,480 Repurchase agreements are collateralised by certain securities and other instruments held by the Group with a carrying value of $339,978,437,000 (2025: $324,518,486,000) (notes 15 and 16).

Page 47 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 27. Notes Payable The Group The Company 2026 2025 2026 2025 $’000 $’000 $’000 $’000 (i) Subordinated debt 2,336,000 2,335,000 - - (ii) Senior secured TT$ Fixed Note 2,344,877 2,313,518 - - (iii) Senior secured US$ Fixed Note 1,685,027 597,713 - - (iv) Unsecured TT$ Fixed note 422,816 539,385 - - (v) Unsecured US$ Fixed note - 1,053,645 - - (vi) Unsecured J$ Fixed Note 2,217,320 2,317,320 2,317,320 2,317,320 (vii) Unsecured J$ Fixed Note 2,854,900 2,854,900 2,854,900 2,854,900 (viii) Unsecured J$ Fixed Note 1,890,000 1,890,000 1,890,000 1,890,000 (ix) Unsecured J$ Fixed Note 7,000,000 7,000,000 7,000,000 7,000,000 (x) Unsecured US$ Fixed Note 215,062 215,062 215,062 215,062 (xi) Unsecured US$ Fixed Note 1,036,680 1,036,680 1,036,680 1,036,680 (xii) Unsecured US$ Fixed Note 1,103,690 1,103,690 1,103,690 1,103,690 (xiii) Subordinated debt 934,400 934,000 - - (xiv) Promissory Note US$ Fixed Note 24,697,744 11,982,920 - - (xv) Unsecured US$ Fixed Note 3,153,400 3,153,400 - - (xvi) Unsecured US$ Fixed Note 2,690,008 2,690,008 2,690,008 2,690,008 (xvii) Unsecured J$ Fixed Note 6,038,383 6,038,383 6,038,383 6,038,383 (xviii) Unsecured J$ Fixed Note 2,932,400 2,932,400 2,932,400 2,932,400 (xix) Unsecured US$ Indexed Note 1,830,141 1,830,141 1,830,141 1,830,141 (xx) Unsecured US$ Indexed Note 449,910 449,910 449,910 449,910 (xxi) Unsecured RD$ Fixed Note - 149,400 - - (xxii) Unsecured US$ Fixed Note - 313,541 - - (xxiii) Unsecured US$ Fixed Note 2,030,440 - - - (xxiv) Unsecured RD Fixed Note 652,080 - - - (xxv) Unsecured RD Fixed Note 132,000 - - - 68,647,278 53,731,016 30,358,494 30,358,494 Comprises of the following: The Group The Company 2026 2025 2026 2025 $’000 $’000 $’000 $’000 Current portion 23,801,105 15,960,549 - - Non - Current 44,846,173 37,770,467 30,358,494 30,358,494 68,647,278 53,731,016 30,358,494 30,358,494 The movements in notes payable are as follows: The Group The Company 2026 2025 2026 2025 $’000 $’000 $’000 $’000 Balance as at 1 April 53,731,016 52,250,316 30,358,494 30,129,200 Loans received 30,979,205 20,023,134 - 13,890,631 Repayment (16,060,549) (20,053,850) - (13,848,722) Foreign exchange adjustment (2,394) 1,511,416 - 187,385 Balance at 31 March 68,647,278 53,731,016 30,358,494 30,358,494

Page 48 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 27. Notes Payable (Continued) (i) This represents unsecured subordinated debt of TT$100M issued by a subsidiary for a term of eight (8) years, maturing on 28 March 2033 at a fixed rate of 5.75% per annum. (ii) This represents fixed rate TT$ debt issued in three tranches bearing interest from 3.40% to 3.85% per annum, payable on a semi-annual basis. The notes mature in November 2026 and November 2027 and are secured by investment securities (note 16). (iii) T his represents fixed rate US$ debt issued bearing interest at 4.00% per annum, payable on a semi- annual basis. The note matures in November 2026 and are secured by investment securities (note 16). (iv) This represents a fixed rate TT$ debt bearing interest at 4.0% per annum payable on a semi-annual basis. The notes are unsecured and mature in November 2026. (v) This represents a unsecured fixed rate US$ debt bearing interest at 4.00% per annum payable on a semi-annual basis. This debt matured in November 2025 and was repaid. (vi) This represents unsecured fixed rate J$ debt bearing interest at 10% per annum, payable on a quarterly basis. The note matures on 2 June 2027. (vii) This represents unsecured fixed rate J$ debt bearing interest at 11.80% per annum, payable on a semi-annual basis. The note matures on 2 June 2026. (viii) This represents unsecured fixed rate J$ debt bearing interest at 12.30% per annum, payable on a semi-annual basis. The note matures on 2 December 2027. (ix) This represents unsecured fixed rate J$ debt bearing interest at 10.75% per annum, payable on a semi-annual basis. The note matures on 29 June 2027. (x) This represents unsecured fixed rate US$ debt bearing interest at 8.55% per annum, payable on a annual basis. The note matures on 2 June 2026. (xi) This represents unsecured fixed rate US$ debt bearing interest at 8.90% per annum, payable on a semi-annual basis. The note matures on 2 December 2027. (xii) This represents unsecured fixed rate US$ debt bearing interest at 8.0% per annum, payable on a semi-annual basis. The note matures on 30 June 2026. (xiii) This represents a unsecured subordinated debt of TT$40M issued by a subsidiary for a term of six (6) years, maturing on 26 June 2029 at a fixed rate of 6.5% per annum. (xiv) This represents fixed rate unsecured debt issued in three tranches bearing interest at 5.75%, 6.25% and 7.35% per annum, payable on a semi-annual basis. The notes matures on 27 June 2025 and 15 December 2025. (xv) This represent unsecured fixed rate US$ debt bearing interest at 7% per annum, payable on quarterly basis. The note matures on 30 June 2026.

Page 49 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 27. Notes Payable (Continued) (xvi) This represent unsecured fixed rate US$ debt bearing interest at 7.5% per annum, payable on quarterly basis. The note matures on 2 June 2027. (xvii) This represents unsecured fixed rate J$ debt bearing interest at 11.75% per annum, payable on a semi-annual basis. The note matures on 27 January 2027. (xviii) This represents unsecured fixed rate J$ debt bearing interest at 11.50% per annum, payable on a semi-annual basis. The note matures on 27 July 2029. (xix) This represents a fixed rate US$ indexed debt bearing interest at 8.25% per annum, payable on a semi-annual basis. The note matures on 27 January 2027. (xx) This represents a fixed rate US$ indexed debt bearing interest at 8.0 per annum, payable on a semi- annual basis. The note matures on 27 July 2029. (xxi) This represents fixed rate RD$ loans bearing interest at 14.95% and 17% per annum, payable on a monthly basis. The notes matured on 16 April 2025 and 29 July 2025 and was repaid. (xxii) This represent fixed rate US$ loans bearing interest at 8.0% and 8.25% per annum, payable on a monthly basis. The notes matured on 30 April 2025 and was repaid. (xxiii) This represent fixed rate US$ loans bearing interest at 4.75% and 5.08% per annum, payable on a monthly basis. The notes matures on 1 June 2026. (xxiv) This represents fixed rate RD$ loans bearing interest at 10.95% and 15% per annum, payable on a monthly basis. The notes matured on 27 May 2026 and 25 October 2026. (xxv) This represents fixed rate RD$ loans bearing interest at XXX% and XX% per annum, payable on a monthly basis. The notes matured on 30 July 2026 and 11 August 2026. 28. Due to Other Financial Institutions The Group 2026 $’000 2025 $’000 Development Bank of Jamaica (a) 1,608,156 1,479,493 National Housing Trust (b) 3,699,232 3,845,948 Inter-American Investment Corporation (c) - 2,312,874 Development Finance Institute of Canada (FINDEV) (d) 1,182,525 1,970,875 6,489,913 9,609,190 Deferred fees (11,728) (44,645) 6,478,185 9,564,545

Page 50 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 28. Due to Other Financial Institutions (Continued) (a) Amounts due to Development Bank of Jamaica (DBJ) bear interest at rates of 2.00% to 7.50% per annum for periods up to ten years (2025: 2.00% to 7.50% per annum for periods up to 10 years). The loans are for on- lending to customers to finance development and agricultural projects within the terms and conditions specified by the DBJ and are repayable in monthly instalments. The loan is secured by a promissory note. (b) The balances due to National Housing Trust (NHT) are at interest rates of 0.00% to 2.50% (2025: 0.00% to 2.50%) per annum for periods of 25 years. The amounts are for on-lending to customers to finance home acquisition within the terms and conditions specified by NHT and are repayable in monthly instalments. (c) The above balance consists of US$NIL (2025:US$14,669,000) due to Inter-American Investment Corporation (IDB Invest), at interest rates of 9.63334% and 4.4375%% (2025: 8.70767% and 4.375%) per annum for a period up to 5 years. The loan is for on-lending to Small and Medium Enterprises (SME’S) within the terms and conditions specified by the IDB Invest and are repayable in semi-annual instalments. (d) The above balance consists of US$7,500,000 (2025: US$12,500,000) due to Development Finance Institute Canada (FINDEV), at interest rate of 6.8621% per annum for a period up to 5 years. The loan is for on- lending to Small and Medium Enterprises (SMEs) within the terms and conditions specified by FINDEV and are repayable in semi-annual instalments.

Page 51 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 29. Related Party Transactions and Balances Parties are considered to be related if one party has the ability to control or exercise significant influence over the other party in making financial or operational decisions or if both are subject to control or significant influence by the same party. Related companies include subsidiaries and major shareholders. Related parties include directors, key management and companies for which the Group provides management services. (i) The statement of financial position includes balances arising in the normal course of business with related parties, as follows: The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Directors - Loans and n otes receivable 637,402 377,205 - - Interest payable (2,737) (308) - - Customer deposits (302,834) (167,529) - - Repurchase agreements (55,026) (73,100) - - Employees Share Ownership Plan - Notes receivable 5,718 ,272 3,031,300 - - Repurchase agreements - (29,763) - - Interest payable - (40) - - The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Subsidiaries - Resale agreements - - 214,024 212,149 Loans and notes receivable - - 36,155,068 39,774,935 Due from subsidiaries - - 13,394,977 10,211,770 Other receivables - - 968,665 968,665

Page 52 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 29. Related Party Transactions and Balances (Continued) (i) The statement of financial position includes balances arising in the normal course of business with related parties, as follows (continued): • Loans and notes receivable are unsecured/secured and are being repaid in accordance with their terms. No waivers were granted in respect of these loans and no provision was made for any loans. The loans bear interest rates ranging from 3% to 7%. per annum. • Customer deposits are generally conducted at market rates on commercial terms and conditions. These balances are held in demand accounts and interest rates vary based on the average balances which is consistent to what is available to similar types of clients. • Repurchase agreements, resale agreements and investments have interest rates ranging from 1% to 9% with tenors ranging from 30 to 365 days. (ii) The profit or loss account includes the following income earned from, and expenses incurred in, transactions with related parties, in the ordinary course of business: The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Directors: Interest income 35,476 17,073 - - Interest expense (7,416) (5,112) - - Other income 1,523 1,094 - - Subsidiaries: Interest income - - 3,496,664 3,788,947 Dividend income - - 2,421,879 1,710,235 Managed funds: Gain on sale of securities 39,539 242,935 - - Fee income 1,168 1,065,895 - - Interest income - 9,558 - - Interest expense (2,081,483) (1,658,090) - - (iii) Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Group, directly or indirectly. Such persons comprise the directors and senior management of the Group. The compensation paid or payable to key management for employee services is as shown below: The Group The Company 202 6 $’000 2025 $’000 2026 $’000 2025 $’000 Directors ’ emoluments : F ees (note 7) 164,654 182,901 48,814 42,276 Management remuneration 100,055 84,529 - - Other key management compensation: Short-term employee benefits 729,256 602,201 - - Post-employment benefits 27,571 24,261 - - 1,02 1,536 893,892 48,814 42,276

Page 53 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 30. Other Payables The Group The Company 2026 2025 2026 2025 $’000 $’000 $’000 $’000 Staff related and statutory 641,336 612,085 - - Clients 2,491,121 3,278,985 - - Withholding tax payable - - - 86,947 Related party 537,367 - - - Trade payables 5,431,558 3,107,216 - - Stale dated cheques 125,282 221,110 - - Accrued liabilities 4,164,588 3,009,424 13,252 25,625 13,391,252 10,228,8 2 0 13,252 112,572 Comprising the following: The Group The Company 2026 2025 2026 2025 $’000 $’000 $’000 $’000 Current portion 10,774,849 6,728,725 13,252 112,572 Non-Current portion 2,616,403 3,500,095 - - 13,391,252 10,228,820 13,252 112,572 31. Non-Controlling Interest The following table summarises information relating to material non-controlling interest (NCI) in JMMB Puesto de Bolsa, S.A. before any intra-group eliminations. 20 2 6 20 2 5 $’000 $’000 (a) Statement of financial position: 20% NCI percentage Total assets 83,706,154 63,733,683 Total liabilities (75,016,032) (58,425,504) Net assets 8,690,12 2 5,308,179 Carrying amount of NCI 2,488,246 1,902,487 2026 2025 20% 20% (b) Profit or loss account and other comprehensive income: Revenue 6,619,463 6,672,930 Profit 961,183 644,699 Other comprehensive income 1,017,726 1,632,468 Profit allocated to NCI, net 324,619 225,962 Other comprehensive income allocated to NCI 448,933 280,535

Page 54 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 31. Non-Controlling Interest (Continued) 2026 2025 20% 20% (c) Statement of cash flows: Cash flows from operating activities 11,623,152 ( 936,695) Cash flows from investing activities ( 17,351,308 ) (4,623,945) Cash flows from financing activities 4,487,614 6,666,429 Net (decrease)/ increase in cash and cash equivalents (1,240,542) 1,105,789 32. Financial Risk Management The Group is exposed to several types of financial risks arising from its operations which involves activities such as trading securities, issuing of loans and notes receivables, managing investment portfolios and funding of these activities primarily through the use of repurchase agreements (or repos) and debt issuances. (a) Introduction and overview The Group has exposure to the following risks from its use of financial instruments: • Credit risk • Liquidity risk • Market risk • Operational risk Risk management framework These risks are managed through an established risk management framework, which involves the identification, evaluation and measurement of the risks faced by the Group as well as implementation of strategies to mitigate the risks identified. Taking risk is core to the financial business, and these risks are an inevitable consequence of being in business. The Group’s aim is therefore to achieve an appropriate balance between risk and return and minimise potential adverse effects on the Group’s financial performance. The Group risk management policies are designed to identify and analyse these risks, to set appropriate risk limits and controls, and to monitor the risks and adherence to limits by means of reliable and up-to- date information systems. The Group regularly reviews its risk management policies and systems to reflect changes in markets, products and emerging best practice. The Board of Directors is ultimately responsible for the establishment and oversight of the Group’s risk management framework. The Board has established committees/departments for managing and monitoring risks, as follows: (i) Board Risk Committee (BRC) The BRC is a Board Committee responsible for the supervision of the overall risk management functions of the Group. The committee decides the policies and strategy for integrated risk management of the various risk exposures of the Group in keeping with the risk appetite of the Group Board.

Page 55 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 32. Financial Risk Management (Continued) (a) Introduction and overview (continued) Risk management framework (continued) (i) Board Risk Committee (BRC) (continued) The BRC is responsible for approving transactions above a specified threshold and ensuring that all exposures conform to standards agreed by the Board and embodied in the various investment and risk policies. The committee is responsible for ongoing monitoring of the composition and management of the various portfolios. This responsibility is executed through the review of quarterly reports provided to the committee by the Group Risk Management Unit outlining risk exposures within the Group’s portfolios. This Committee reports to the Board on significant risk issues and recommended actions and strategies to management on risk exposures identified in the portfolio. The Committee is also responsible for the approval of risk limits. The committee is supported in its work by various management committees noted below. (ii) Audit Committees The Audit Committees monitor the quality of the Group’s internal controls and compliance with regulatory requirements. The Audit Committees are assisted in their oversight role by the Internal Audit Function and the Risk and Compliance Unit. Internal Audit undertakes both regular and ad hoc reviews of the risk management controls and procedures, the results of which are reported quarterly to the Audit Committees. The management of certain specific aspects of operational risk, such as fraud, is also within the purview of the Audit Committees. (iii) Investment Committees The Investment Committee is a senior management level committee responsible for the management of market risks. The committee monitors the composition of assets and liabilities, evaluates potential market risk involved in launching new products, reviews and articulates funding policy and decides optimal ways of managing the Group’s liquidity. (iv) Asset and Liability Committees (ALCOs) ALCOs are management committees that monitor and adjust the overall profile of assets and liabilities of the respective entities to increase the probability of achieving strategic business results within the context of Board approved risk appetite, relevant policies and applicable regulations. Ukraine Russia Tensions The continuing Russia-Ukraine war has caused significant humanitarian crisis and disruptions to global economic sectors and commodity markets. While the Group has no direct exposure to the region, we remain vigilant due to the potential for indirect impacts, such as increased volatility in global financial markets and supply chain disruptions. We continue to monitor and execute our management strategies to mitigate these risks and ensuring our resilience in the face of this ongoing geopolitical instability.

Page 56 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 32. Financial Risk Management (Continued) (a) Introduction and overview (continued) Risk management framework (continued) (v) Asset and Liability Committees (ALCOs) (continued) Climate Change The JMMB Group is committed to addressing the impacts of climate change on our business and our clients. We recognize climate change as a significant emerging risk with both threats and opportunities. This disclosure outlines potential risks, categorized as physical and transition risks, that could disrupt our financial performance as well as opportunities related to a low-carbon, sustainable economy and our plans to develop a framework to address this emerging risk area. Physical risks arise from climate-driven events such as floods, storms, rising sea levels that could damage our physical assets and those of our clients and changing weather patterns that could disrupt our operations. These risks could influence the viability of certain sectors or businesses, the valuation of collateral and by extension the credit risk associated with certain borrowers. There are also the risks associate with shifts in supply and demand, changes in energy prices, changes in asset valuations or changing sentiment towards certain industries that could affect the financial performance of clients and impact the Group’s own investment and credit portfolios. Transition risks arise from the shift towards a low-carbon economy. These risks are varied and include changes in policy and regulations, technological advancements, and consumer preferences which can have financial and reputational impacts on our operations. These changes could affect the viability of certain sectors or businesses, collateral valuation, and ultimately, borrower creditworthiness. There are also the risks associated with shifts in supply and demand, changes in energy prices, changes in asset valuations or changing sentiment towards certain industries that could affect the financial performance of our clients and impact our own investment and credit portfolios. The transition to a sustainable future presents various opportunities for JMMB Group such as the growing demand for green finance products, sustainability-linked loans, and client advisory services related to climate-related issues. The Group ensures that there are mitigants in place for certain climate related events such as insurance for its physical assets as well as assets held as collateral for credit exposures. There is also a Business Continuity Plan (BCP) in place to ensure that the Group can operate in situations where climate related disruptions to business may occur. The Group also integrated an environmental and social risk management framework into our existing lending policies, guidelines and business practices to promote sustainability within our credit portfolios. The Group acknowledges that we are in the early stages of building our expertise to develop a robust climate-related risk management framework and remain committed to further progress in developing a formal policy with clear methodologies to identify, quantify, and manage climate risks potentially impacting both JMMB Group and our clients. We will be working to progress this in the upcoming fiscal year.

Page 57 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 32. Financial Risk Management (Continued) (b) Credit risk Credit risk is the risk of suffering financial loss, should any of the Group’s customers, clients or market counterparties fail to fulfil their contractual obligations to the Group. Credit risk arises mainly from commercial and consumer loans and advances, and loan commitments arising from such lending activities, financial guarantees, letters of credit, endorsements and acceptances. The Group is also exposed to other credit risks arising from investments in debt securities and other exposures arising from its trading activities (‘trading exposures’) including non-equity trading portfolio assets as well as settlement balances with market counterparties and resale agreements. (i) Management of credit risk Credit risk is a significant risk for the Group’s business; management therefore carefully manages its exposure to credit risk. The credit risk management and control are centralised in a credit risk management team which reports regularly to the Board of Directors and head of each business unit. The Group structures the levels of credit risk it undertakes by placing limits on the amount of risk accepted in relation to a single counterparty or groups of related counterparties and to geographical and industry segments. The estimation of credit exposure for risk management purposes is complex and requires the use of models, as the exposure varies with changes in market conditions, expected cash flows and the passage of time. The assessment of credit risk of a portfolio of assets entails further estimations as to the likelihood of defaults occurring, of the associated loss ratios and of default correlations between counterparties. The Group measures credit risk using probability of default (PD), exposure at default (EAD) and loss given default (LGD). Key financial assets are managed as follows: i. Loans and notes receivable (including commitments and guarantees) The Group has established a credit quality review process involving regular analysis of the ability of borrowers and other counterparties to meet interest and capital repayment obligations. Exposure to credit risk is managed in part by obtaining collateral and corporate and personal guarantees. Counterparty limits are established by the use of a credit classification system, which assigns each counterparty a risk rating. Risk ratings are subject to regular revision. The credit quality review process allows the Group to assess the potential loss as a result of the risk to which it is exposed and to take corrective action. The Group assesses the probability of default of individual counterparties using internal ratings. Clients of the Group are segmented into rating classes. The Group’s rating scale, which is shown below, reflects the range of default probabilities defined for each rating class. Rating grades Description of the grade Current status 1 Excellent Standard monitoring 2 Good credit Standard monitoring 3 Average credit Standard monitoring 4 Acceptable Standard monitoring 5 Marginal Special monitoring 6 Substandard Default 7 Doubtful Default 8 Loss Default

Page 58 JMMB GROUP LIMITED Notes to the Financial Statements 31 March 2026 (expressed in Jamaican dollars unless otherwise indicated 32 . Financial Risk Management (Continued) (b) Credit risk (continued) (i) Management of credit risk (continued) i. Loans and notes receivable (including commitments and guarantees) Loans and notes receivable that are cash-secured are included in the credit classification as Risk Rated 1, based on the Group’s rating grades. Under the IFRS 9 ‘three stage’ model for impairment ( Expected Credit Loss Measurement ), exposures rated 1-4 are generally classified as stage 1 and requiring standard monitoring, exposures rated as 5 are classified as stage 2 and requiring special monitoring, while exposures rated 6 and above are classified as stage 3 in the default category . ii. Investments and resale agreements The Group limits its exposure to credit risk by investing in liquid securities with counterparties that have high credit quality. As a consequence, management’s expectation of default is low. The Group has documented investment policies which facilitate the management of credit risk on investment securities and resale agreements. The Group’s exposure and the credit ratings of its counterparties is continually monitored. iii. Cash and cash equivalents Cash and cash equivalents are held in financial institutions which management regards as strong and there is no significant concentration. The strength of these financial institutions is continually reviewed by the Risk Management Committee. (ii) Credit risk analysis The following table sets out information about the credit risk and the credit quality of financial assets measured at amortised cost and debt instruments measured a fair value through other comprehensive income (FVOCI). Unless specifically indicated amounts in the tables represent gross carrying amounts, which is the maximum exposure to credit risk. For loan commitments, the amounts in the table represent the amounts committed. Loans and notes receivable at amortised cost (note 13): The Group 2026 Stage 1 Stage 2 Stage 3 Total