Appendix 4E / Financial Report

BPH Energy (ASX:BPH) is pleased to provide its financial report for the year ended 30 June 2023.

Associates and joint ventures

Refer attached financial report for the year ended 30 June 2023.

Commentary on results for the period

Commentary on the above figures is included in the attached financial report for the year ended 30 June 2023 in the Review of Operations (pages 1 to 8) and the Directors’ Report (pages 9 to 23).

Status of audit

The financial report for the year ended 30 June 2023 has been audited and is not subject to dispute or qualification.

The Independent Auditor’s Audit Report includes the following Emphasis of Matter paragraph:

“Emphasis of Matter - Material uncertainty related to the carrying value of the loan receivable from, and investment in, Advent Energy Limited

We draw attention to Note 11 in the financial report, which indicates that a material uncertainty exists in relation to the Group’s ability to realise the carrying value of its loan receivable from, and investment in, Advent Energy Limited in the ordinary course of business. Our opinion is not modified in respect of this matter“

Refer to the Independent Audit Report within the enclosed financial report.

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