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30 September 2026 Litigation Capital Management Limited ( " LCM " or the " Company " ) Full year audited results for the year ended 30 June 2026 Highlights • Net realised loss from concluded investments of A $ 63.9m ( FY25 : net realised gain of A $ 22.2m ) , with eight investments concluding in the year , of which seven were losses • Loss after tax for the period of A $ 165.7m ( FY25 : Loss after tax of A $ 72.9m ) • Net liabilities of A $ 53.6m ( FY25 : Net assets of A $ 114.4m ) • Operating expenses reduced to A $ 11.0m ( FY25 : A $ 18.0m ) Strategic Update • Strategic Review concluded with no resulting transaction • Long - term amendment to the Northleaf debt facility entered into on 30 September 2026 : facility increased from US $ 100m to US $ 125m and maturity extended to 31 December 2030 • LCM moves into an orderly run - off : the existing portfolio will be managed to conclusion , no new investments will be made and cash realised will first be applied towards repayment of the debt facility Enquiries Litigation Capital Management Patrick Moloney , Chief Executive Officer David Collins , Chief Financial Officer Cavendish ( Nomad and Joint Broker ) Jonny Franklin - Adams and Isaac Hooper ( Corporate Finance ) Ella Bedford ( Corporate Broking ) Investor Relations < investor.relations@lcmfinance.com > Tel : 020 7523 8000 NOTES TO EDITORS Litigation Capital Management ( LCM ) is a disputes financing business which has provided financing to claimants in disputes internationally , through direct investments from its balance sheet and through third party funds under management . Following the conclusion of its Strategic Review , LCM is in an orderly run - off : its existing portfolio of case investments will be managed to conclusion , no new investments will be made , and cash realised from the portfolio will be applied towards repayment of its debt facility . LCM is headquartered in Sydney , with offices in London and Singapore . LCM listed on AIM in December 2018 , trading under the ticker LIT. www.lcmfinance.com Strategic and Financial Review Introduction FY26 was a year of significant losses for LCM . The Group recorded a net loss after tax of A $ 165.7 million ( FY25 : net loss of A $ 72.9 million ) and reports negative net assets of A $ 53.6 million at 30 June 2026. The Strategic Review launched during the year did not result in a transaction . The Board has since agreed a long - term amendment to the Group's debt facility with Northleaf , and LCM has moved into run - off : the existing portfolio of case investments will be managed to conclusion , no new investments will be made , and cash realised from the portfolio will be applied to repayment of the facility .