TMDE TMD Energy Ltd

“Accordingly, management concluded that, aside from this disclosed weakness, our internal control over financial reporting was not as effective as of that date.”

“Based on this evaluation, management concluded that our disclosure controls and procedures were not as effective as of June 30, 2026.”

“In connection with management s assessment, management identified a material weakness related to a lack of sufficient accounting personnel with the appropriate knowledge and experience in U.S. GAAP and SEC reporting requirements.”

“We are working to remediate the material weakness and are taking steps to strengthen our internal control over financial reporting through the development and implementation of processes and controls over the financial reporting process.”