TDHI RECOVERY AND DEVELOPMENT FUND 2026

Strategic Investments, Portfolio Growth and Sustainable Value Creation

Every project supported by TDHI Startup, operating within the international framework of TDHI International, becomes part of the TDHI Recovery and Development Fund (RADF), a dedicated financial and strategic structure established to consolidate, manage, and enhance the long-term value of selected high-potential business initiatives.

The Fund represents a distinctive development model, combining strategic investment, industrial expertise, financial discipline, and international business development capabilities to support sustainable growth across multiple sectors and markets.

A Diversified Portfolio Built for Long-Term Growth

The TDHI Recovery and Development Fund operates through a diversified portfolio of privately held companies, entrepreneurial initiatives, and strategic development projects.

This portfolio-based approach enables the Fund to evaluate its overall financial performance through two fundamental indicators:

• Annual Return: reflecting the financial performance generated by the Fund's portfolio over the reporting period.

• Net Asset Value (NAV): providing a consolidated assessment of the Fund's net asset value at a specific reporting date.

These indicators contribute to the calculation of a proprietary performance index, developed to monitor portfolio evolution, assess performance consistency, and measure long-term value creation.

By combining financial analysis with strategic oversight, RADF seeks to identify opportunities, manage exposure, and progressively strengthen the quality and resilience of its portfolio.

Governance, Transparency and Financial Reporting

Transparency, accountability, and responsible financial management are fundamental principles of the TDHI Recovery and Development Fund.

Within its established reporting framework, RADF periodically publishes selected financial and operational information considered appropriate for public or restricted disclosure.

This approach allows investors, lenders, financial partners, and other stakeholders to follow the Fund's development, assess its financial evolution, and better understand its strategic direction.

Information classified as confidential, commercially sensitive, or protected by Non-Disclosure Agreements (NDAs) remains strictly reserved for authorised parties, including the management of participating companies and partner lenders, in accordance with the applicable contractual arrangements.

This balanced reporting policy ensures that transparency and confidentiality coexist, protecting the interests of the Fund, its participating businesses, and its financial partners.

2026 Financial Development – Preliminary Results as at 30 June 2026

2026 marks a further phase in the Fund's strategic development, with continued focus on portfolio consolidation, selective project evaluation, financial sustainability, and long-term growth opportunities.

Below, readers can consult the preliminary financial and performance data of the TDHI Recovery and Development Fund as at 30 June 2026.

These figures provide an interim overview of the Fund's financial position and portfolio development during the first six months of 2026.

As preliminary information, the figures remain subject to subsequent review, validation, and potential adjustments before the publication of the final annual results.

Building Value Beyond Traditional Financing

The TDHI Recovery and Development Fund is more than a financial investment structure. It is an integrated platform designed to transform selected entrepreneurial potential into sustainable industrial and financial value.

Through rigorous project selection, disciplined portfolio management, and the international capabilities of TDHI Group, RADF pursues a long-term vision in which financial performance, strategic development, and business growth reinforce one another.

Our objective is clear: to build lasting value through selective investments, responsible management, and the continuous development of high-potential enterprises.