MULTIVERSE MINING AND EXPLORATION : EARNINGFORCAST

MultiversMe ining

& ExplorationPlc

RC: 454678

195A, Corporation Drive Dolphin Eslate lkoyi - Lagos.

Office Tel: [phone]

e: [e-mail] https://www.multiverseplc.com

22nd September, 2025.

The Managing Director/CEO Nigerian Exchange Limited Stock Exchange House

2/4 Customs Street

Lagos

Dear S!r,

FOURTH QUARTER 2025 EARNINGS FORECAST

Please find attached herewith our Earning forecast for the fourth quarter commencing from October 1, 2025 to December 31'* ,2025.

Kindly acknowledge receipt.

Thank you.

Yours faithfully,

For: Multiverse Mining and Exploration Plc.

Alabidun Mahmud Bayo Equity Union Limited

(Corporate Secretaries/Nominees)

Pror. ref idowu Olayinka Mr. Ayo Oluwasusi

(Chairman) (Managing Director/CEO)

hon-Executive Dtreclors:

Mr. Ayedun Fasina (Vice Chairman) HRH (Dr.) Mohammed Kabiru Musa Ibrahim II

(FWACS)

Mr. Mamman Bukar Zargana, Mrs. DoJapo Usidama

Mr. Wang Long

MULTIVERSE MINING AND EXPLORATION PLC
FOURTH QUARTER EARNINGS FORECAST ( OCTOBER - DECEMBER ) 2025
	49.696	39.7f6	10.7%
	OCT	NOV	DEC	TOTAL
	=N=	=N=	=N=
QUARRY OPERATIONS INCOME	16,428,000.00	16,150,000.00	16,430,000.‹›o	as,oos,o00.00
MINE OPERATIONS INCOME	6D,000,000.00	45,000,000.00		1O5,00D,	-
SUB TOTAL	76,428,00D.00	61,250,000.00	16,430,000.00	1S4,008	'
COST OF SALES (LOGISTICS)	(2,216,000.00}	(Z,216,000.O0)	(2,216,000.00)	(6,648.		)
GROSS PROFIT	74,212,000.00	58,934,000.00	14,214,000.00	147,360,000•
SELLING& DISTRIBUTION COST
ADMINISTRATIVE EXPENSES	(12,700,054.74)	(12,694,054.74)	(12,734,054.74)	(38,128,164.22)
LOAN REPAYMENT	(8,510,638.30)	(58,510,638.30)	(58,510,638.30)	(125,531,914.90)
TOTAL LOAN & ADMIN EXPS	(21,210,693.04)	(71,204,693.04)	(71,244,693.04)	(163,660,079.12
OPERATtNG PROFS / ILOSS)	53,001,306.96	(12,270,693.04)	(57,030,693.04)	(1G,300,079.12)
PROFIT B£FORE INTEREST & YAX	53,001,306.96	(12,270,693.04)	{57,030,693.04)	(16,300,079.12)
PROFIT BEFORE TAX	53,001,306.96	(12,270,693.04)	(57,030,693.04)	(16,300,079.12)

)

ASSUMPTIONS OF THE EARNING FORECAST

1. There will not be any significant change in the economic policies of the Federal Government.

2. The fiscal and monetary policies as regulated by Ehe Central Bank of Nigeria would not be altered significantly.

3. Credit facilities to be operated by the company with its Creditors and Financial Institutions would nOt be called up abruptly

4. The relationship with the host community at Quarry and Mining sites shall be cordial

5. There would not be any industrial unrest as to affect the production and sales volume.

6. Prices of materials used in production shall be stable in the period under review.

   Ayo Oluwasusi

   
   
   

7. There would not be any major technical fault that may warrant the plant being closed down for a long period.

Sijuwade Adedeji

Chief Financial Officer

Managing Director/CEO