IMRN Immuron Ltd

“Additionally, auditing the Company s inventory was impacted by a material weakness in internal controls over the accounting for inventories as disclosed in management s report on internal control over financial reporting.”

“Based on that evaluation, management concluded that, as of June 30, 2026, our disclosure controls and procedures were not effective, due to the material weakness in our internal control over financial reporting described below.”

“Based on that assessment, our management concluded that as of June 30, 2026, our internal control over financial reporting was not effective, specifically relating to the recording, classification, valuation and reconciliation of inventory and the associated cost of goods sold.”

“During the period, the Company implemented a new inventory accounting system, and identified a material weakness relating to the recording, classification, valuation and reconciliation of inventory and the associated cost of goods sold (as described in Item 15.B above), in respect of which remediation measures have commenced.”

“As a result, management concluded that, as of June 30, 2026, our internal control over financial reporting and our disclosure controls and procedures were not effective.”

“As of June 30, 2026, our management identified a material weakness in our internal control over financial reporting relating to the recording, classification, valuation and reconciliation of inventory and the associated cost of goods sold.”