Company Update

VMS Industries Ltd. has revised its financial reporting structure from multiple segments to a single segment, effective June 30, 2025. This change is due to the company's internal management now reviewing the entire business as a unified entity, and its operations becoming integrated with shared risks and returns.

Going forward, financial results will be presented under a single segment: 'Manufacturing IRON AND STEEL SCRAP AND TRADING OF IT'. This adjustment does not impact the company's overall financial position or performance, with previous periods' figures reclassified for consistent presentation.