AGM Statement

Symphony Environmental Technologies Plc (AIM:SYM), the global specialist in additives and technologies that enhance the environmental performance and functionality of plastics, announces that its Chairman will make the following statement at today's Annual General Meeting.

The Board and I are pleased to report that Symphony generated a profit for H1 2026, supported by a 23% increase in revenue, a 40% increase in gross profit and a disciplined cost base. This performance reflects the benefits of the strategic and operational actions implemented during 2025, including improved margin quality, tighter cost control and increased operating leverage.

The summary draft results are as follows:

We expect to announce our interim results during the first half of September 2026.

Trading in H1 2026 demonstrates the early validation of the Group's repositioned operating model. The stronger performance has been driven by improved margin quality, disciplined cost control and greater operating leverage, following the actions taken during 2025 to strengthen the foundations of the business.

As previously advised, the transition to a Symphony-controlled sales model, together with a regional manufacturing partner, has strengthened execution and margin quality in the Middle East for its biodegradable d2w technology, which remains a key growth market for the Group. Performance has been robust despite well publicised actions in the Middle East and we are seeing good growth potential for H2 2026.

In India, the introduction of a new biodegradability standard has provided a clearer pathway towards certification, which management believes is the key requirement to unlock commercial activity in what is considered a potentially significant medium-term market opportunity. We expect further news on this during H2 2026.

As previously advised, the Group is seeing increasing alignment in certain regions towards legislation and standards supporting biodegradable and performance-enhancing plastic technologies. While progress remains uneven across jurisdictions, these developments support the Group's long-term strategy and may expand the addressable market over time.

The Group also continues to make progress with its d2p® "designed to protect" technology platform, which is focused on making plastics smarter by adding functional protection and performance benefits. The d2p® portfolio includes applications for insect control, antimicrobial and antifungal protection, odour control and flame retardancy, with several opportunities progressing through customer trials, regulatory processes and market validation.

Within this platform, d2p® AI insecticidal technology remains the principal revenue-generating application and continues to show encouraging commercial momentum, including repeat orders and a growing range of applications in agricultural and irrigation products such as drip-irrigation pipes used in crop production. In addition, flame-retardant applications are progressing through testing in construction-related markets, while food-contact and food-protection applications continue to be developed with further trials expected in Latin America, India and Pakistan. The Board believes that the broadening d2p® pipeline provides a clear pathway to additional revenue generation as these technologies move from technical validation into wider commercial adoption.

While external factors, including regulatory timelines and market conditions, continue to influence the pace of commercialisation, management believes the Group is now operating from a significantly stronger platform. The focus for 2026 remains on converting this improved position into sustained profitability through the continued development and commercialisation of the Group's core technologies across key growth markets.