BMGL Basel Medical Group Ltd

“The Company appointed NLA DFK Assurance PAC ( NLA DFK ) as its independent registered public accounting firm, effective on June 30, 2025.”

“This identified material weakness is associated with a lack of adequately skilled staff possessing IFRS knowledge for financial reporting purposes, thereby affecting the proper adherence to IFRS and SEC requirements.”

“Based on that evaluation, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures as of June 30, 2026 were not effective as described below.”

“In order to address and resolve the foregoing material weakness, we will implement measures designed to improve our internal control over financial reporting to remediate this material weakness, including hiring outside financial personnel with requisite training and experience in the preparation of financial statements”

“In March 2026, we filed an amended annual report on Form 20-F/A, which included a new unqualified audit opinion and amended and restated our audited consolidated financial statements for the fiscal years ended June 30, 2025 and 2024 and the related notes thereto.”