AS „Rīgas kuģu būvētava” (Company) hereby declares that it has prevented the reasons indicated in announcements of April 30^th, 2024, June 12^th, 2024, July 23^rd, 2024, August 30^th, 2024, October 04^th, 2024, January 16^th, 2025, February 28^th, 2025, April 03^rd, 2025, April 30^th, 2025, July 11^th, 2025, and September 29^th, 2025, for which the audited financial report of 2023 is not published, but the audit of the financial report has not yet been completed due to other circumstances.

The Company informs that it in cooperation with Company’s auditors has rectified the deficiencies in the financial report of 2023 identified by the auditors, but considering that the auditors have already commenced an audit of the financial report of 2025 of their other customers, the auditors have limited resources to complete the audit of the Company’s financial report of 2023, and according to the information provided by the auditors, an audit of the financial report of 2023, if no additional deficiencies are identified, would be completed in December 2025, whereas accordingly the Company could publish the audited financial report of 2023 in December 2025.

The Company also informs that immediately after preparing the audited financial report of 2023, for the purposes of providing financial information to investors, the Company will publish an unaudited financial report of 2024.

The Board of Directors of AS „Rīgas kuģu būvētava”