Nexion Technologies Limited — Earnings Release 2025

Mar 17, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited (the "Stock Exchange") take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

nexion

NEXION TECHNOLOGIES LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8420)

PROFIT WARNING – ESTIMATED DECREASE IN LOSS ATTRIBUTABLE TO EQUITY HOLDERS FOR THE YEAR ENDED 31 DECEMBER 2025

This announcement is made by Nexion Technologies Limited (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 17.10 of the Rules Governing the Listing of Securities on GEM of The Stock Exchange of Hong Kong Limited (the "GEM Listing Rules") and the Inside Information Provisions (as defined under the GEM Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The board of directors of the Company (the "Board") wishes to inform the shareholders of the Company (the "Shareholders") and potential investors that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2025 ("FY2025") and the information currently available, the Group is expected to record significant decrease in loss attributable to equity holders of the Company to no more than HK$4,000,000, as compared to a loss attributable to equity holders of the Company of approximately HK$14,695,000 for the year ended 31 December 2024 ("FY2024").

Based on the information currently available, the Board considered the expected decrease in loss was mainly attributable to (i) change of segment results (adjusted earnings before interest, taxes, depreciation and amortisation ("Adjusted EBITDA")) in the cyber security solutions and IT software development segment from loss of approximately HK$3,665,000 for FY2024 to profit of no more than HK$1,500,000 for FY2025. This improvement was primarily driven by increased revenue from this business segment by approximately HK$10,636,000 or 80.3% from approximately HK$13,252,000 for FY2024 to HK$23,888,000 for FY2025; (ii) decrease in loss from segment results (Adjusted EBITDA) in the software-as-a service (SaaS) segment (discontinued) from approximately HK$7,291,000 for FY2024 to no more than HK$300,000 for FY2025, which was mainly due to a reduction in operational activities aimed at mitigating ongoing losses, as well as a decrease in the recognition of provision for impairment loss on intangible assets to nil, compared to approximately HK$3,859,000 for FY2024.

The Company is still in the process of finalising the consolidated financial results of the Group for the Year. The information contained in this announcement is only based on the information currently available to the Company and such information has not been reviewed or audited by the independent auditor of the Company or reviewed by the audit committee of the Company.

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Shareholders and potential investors are advised to peruse the financial results of the Company for FY2025 with care when it is released. The annual results of the Group for FY2025 shall prevail over the information contained herein. It is expected that the annual results of the Group for FY2025 will be published on or around 27 March 2026.

Shareholders and potential investors should exercise caution when dealing in the securities of the Company.

By order of the Board
Nexion Technologies Limited
Kenneth Vun
Chairman and Executive Director

Malaysia, 17 March 2026

As at the date of this announcement, the Board comprises two executive Directors, namely Mr. Kenneth Vun and Mr. Ong Gim Hai; and three independent non-executive Directors, namely Ms. Lim Joo Seng, Mr. Lynch Stephen Joseph Chor and Mr. Yeung Chun Yue David.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief, the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the website of the Stock Exchange at http://www.hkexnews.hk on the "Latest Listed Company Information" page for at least 7 days from the date of its publication. This announcement will also be published on the Company's website at http://nexion.com.hk.

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