DSY Big Tree Cloud Holdings Ltd

“During the fiscal year ended June 30, 2026, we restated our consolidated financial statements as of and for the fiscal year ended June 30, 2025 to correct the classification of a structured deposit and the allocation of equity between additional paid-in capital and non-controlling interests, as described in Note 3(ag) to our consolidated financial statements included in this annual report.”

“the lack of robust and formal period-end financial reporting policies and procedures to address complex U.S. GAAP technical accounting and the SEC reporting requirements”

“the lack of sufficient financial reporting and accounting personnel with appropriate knowledge of U.S. GAAP and the SEC reporting requirements to formalize, design, implement and operate key controls over financial reporting process to address complex U.S. GAAP accounting issues and related disclosures in accordance with U.S. GAAP and financial reporting requirements set forth by the SEC”