Globe Capital Limited - Interim Results for the six months period to 30 June 2024

27[th] September 2024 Globe Capital Limited ("Globe Capital" or the "Company") Interim Results for the six months period to 30 June 2024 Chairman's Statement Globe Capital Limited is pleased to announce its unaudited interim results for the 6 months period to 30 June 2024. Operational costs for the period amounted to £49k compared to £47k for the 6 months to June 2023. The Company's investment strategy continues to be that to seek medium-to-long term investments in businesses that exhibit growth potential. The Company continues to be an active investor in situations where the Company can make a clear contribution to the growth and development of the investment. The Company continues to receive support from its shareholders and loan note holders to meet its ongoing costs. The Company is still well placed to take advantage of any opportunities as they arise through 2024 onwards and will continue to look for further fund raising opportunities and investments. 27[th] September 2024 Simon Grant Rennick Chairman Globe Capital Limited Consolidated Profit and Loss and Other Comprehensive Income Six months ended 30 June 2024  6 months ended  6 months ended Year ended 30 June 2024 30 June 2023 31 December 2023  GBP '000  GBP '000  GBP '000 Revenue -                     -   - Cost of -                   -   - services Gross Profit -   - - Other Income - - - Administrative (49) (47) (88) Expenses Finance Costs (5)                    (5)   (11) Loss Before (54) (53) (99) Taxation Taxation                   -                     -   - Other                   -                     -   - Comprehensive Loss Loss for the (54) (53)  (99) period - Earning / (Loss) per share Basic &        (0.02)p           (0.02)p (0.04)p Diluted (pence) Globe Capital Limited Consolidated Statement of financial position as at 30 June 2024  30 June  30 June  31 December 2024 2023 2023  GBP '000  GBP '000  GBP '000 Non-current assets Property, -              - - plant and equipment Goodwill -                -                  - Financial 1 3 3 assets at fair value through profit or loss Current assets Other 11 8 11 receivables and prepayments Cash and cash 2 1 2 equivalents Other debtors - - - and receivables Total Assets 14 12 16 Current Liabilities Other 66 67 199 payables Creditors: falling due after more than one year Amounts due 124 100 112 to directors Amounts due 179 100 137 to a related company Other 130 130 - payables Total 499 397 448 Liabilities Net Assets (485) (385) (432) Shareholders' Equity Share Capital 645  645 645 Reserves (1130) (1030) (1077) Total Equity (485) (385) (432) Globe Capital Limited Consolidated Statement of Cash Flows Period ended 30 June 2024  6 months  6 months  Year ended           30 ended           30 ended June 2024 June 2023 31 December 2023  GBP '000  GBP '000  GBP '000 Loss before income tax (54) (53) (99) Adjustment: Decrease/(Increase) in value 2 1 1 of financial assets Interest expenses 5 5 11 Gain on financial assets - - - Non cash transactions - - - written off Operating loss before (47) (47) (87) working capital changes Changes in working capital: Other receivables and - (3) - prepayments Other payables (5) 13 4 Amounts due to directors - - - Amounts due to shareholders - - - Net cash used in operating 52 (37) (83) activities Cash flows from investing activities Other loan repayments - - - Increase in loans receivable - - - Increase in loans from 40 12 59 related parties Increase in directors' loan 12 22 24 Interest received - - - Net cash from investing 52 36 83 activities Increase in cash and cash - (1) - equivalents Cash and cash equivalents at 2                   2 2 the beginning of the period Cash and cash equivalents at 2 1 2 end of period Cash at Bank C/F 2 1 2 The financial information set out above has not been reviewed or audited by the company's auditors. Basic and diluted profit per share is calculated by dividing the loss for the period of £54,000 (2023: loss £53,000) by the weighted average number of ordinary shares of 255,919,752 (2023: 255,919,752). The directors of Globe Capital Limited accept responsibility for this announcement. For further information Globe Capital Limited Darren Edmonston Tel: +44 (0) 1279 635511 CORPORATE ADVISER AND CONTACT DETAILS: Peterhouse Capital Limited Tel: +44 (0) 207 469 0930 This information was brought to you by Cision http://news.cision.com

Globe Capital Limited