Half Yearly Report and Accounts

BPH Energy Limited (ASX: BPH) (“BPH” or “Company”) is pleased to present its Half Year Report.

The Independent Auditor’s Audit Review 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 7 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 conclusion is not modified in respect of this matter.”

Refer to the Independent Audit Review Report within the enclosed half year financial report.

The Company’s half-year financial report for the six months ended 31 December 2023 is set out on the following pages.

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