OPTASIA LIMITED - TRADING STATEMENT FOR THE INTERIM PERIOD ENDED 30 JUNE 2026

SENS-AI conclusion

A genuine positive surprise. The 48%–53% EPS growth rate in HY26 is materially above the 25%–35% full-year NNI guidance bar that the company reaffirmed on 2 July — the first-half growth rate runs ahead of the full-year midpoint, suggesting the company is tracking the upper end of its guidance range or better. The negative CAR-20 of -12% means the market had not positioned for this, so the beat is genuinely new information rather than a confirmation trade. The directional signal is constructive on its own terms; the open questions are cash conversion and Nigeria recovery pace. So what: the direction has turned positive against a depressed setup, but the market still needs the full interim results on 14 September to confirm operating cash backs the earnings and the NNI guidance remains on track. Missing evidence: No cash-flow or balance-sheet data — full results required; No segmental or revenue breakdown disclosed in TS; No HEPS disclosed — only basic/headline EPS in USD cents; Nigeria recovery pace remains a key uncertainty not quantified here; Unaudited figures — external review pending

The full interim results on 14 September are where the market will test whether the EPS growth is backed by cash flow and whether the Nigeria transaction-volume recovery supports the upper end of the FY guidance range.