Financial

Summary of Financial Results for Fiscal Year Ended December 31, 2024

Published by KLab

Summary

From the report

Summary of Financial Results for Fiscal Year Ended December 31, 2024 (Japanese GAAP) (Consolidated) evail. This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. February 13, 2025 Name of listed company: KLab Inc. Stock exchange listing: Tokyo Stock Exchange Prime Market Securities code: 3656 URL: https://www.klab.com/en/ Representative: [Name] Hidekatsu Morita [Title] Representative Director, President and CEO Contact: [Name] Kazuyuki Takata [Title] Senior Managing Director TEL: +81-3-5771-1100 Scheduled date for annual shareholders meeting: March 27, 2025 Scheduled filing date for securities report: March 28, 2025 Scheduled date for dividends payment: － Supplementary information for quarterly results: Yes (https://www.klab.com/en/ir/library/) Information meeting for quarterly financial report: Yes * Institutional investors and analysts only (Amounts of less than one million yen are rounded down) 1. Consolidated Operating Performance of FY2024 (January 1, 2024 – December 31, 2024) (1) Consolidated Operating Results (year-to-date) (% represents rate of increase or decrease over same period of previous fiscal year) Revenue Operating income Ordinary income Profit attributable to owners of parent Million yen % Million yen % Million yen % Million yen % FY2024 8,306 (22.5) (1,342) － (1,280) － (2,782) － FY2023 10,717 (36.5) (1,218) － (852) － (1,819) － Note: Comprehensive income FY2024: (2,573) million yen － FY2023: (1,703) million yen －

Ordinary income Profit attributable to owners of parent Million yen % Million yen % Million yen % Million yen % FY2024 8,306 (22.5) (1,342) － (1,280) － (2,782) － FY2023 10,717 (36.5) (1,218) － (852) － (1,819) － Note: Comprehensive income FY2024: (2,573) million yen － FY2023: (1,703) million yen － Net income Diluted net income Ratio on equity Ratio of ordinary Ratio of per share per share income to total operating income assets to revenue Yen Yen % % % FY2024 (62.91) － (25.6) (7.6) (16.2) FY2023 (44.98) － (14.8) (4.4) (11.4) Reference: Equity in earnings (losses) of affiliates FY2024: －million yen FY2023: 7 million yen (2) Consolidated Financial Status Total assets Net assets Equity Ratio Net assets per share Million yen Million yen % Yen FY2024 15,784 10,371 65.6 216.46 FY2023 17,754 11,709 64.3 282.21 Reference: Shareholder’s Equity FY2024: 10,360 million yen FY2023: 11,415 million yen (3) Consolidated Cash Flows Net cash used in Net cash used in Net cash used in Cash and cash operating activities investing activities financing activities equivalents at end of period Million yen Million yen Million yen Million yen FY2024 (138) (1,045) 555 1,605 FY2023 (1,533) (2,332) (66) 2,211

2. Dividends Annual dividends Total Dividend Ratio of amount of payout dividends to End of Q1 End of Q2 End of Q3 Year end Total dividends ratio net assets (Total) (Consolidated) (Consolidated) Yen Yen Yen Yen Yen Million Yen % % FY2023 － 0.00 － 0.00 0.00 －－－ FY2024 － 0.00 － 0.00 0.00 －－－ FY2025 － 0.00 － 0.00 0.00 － (Forecast) 3. Consolidated Operating Performance Forecasts for FY2025 (January 1, 2025 – December 31, 2025) The consolidated operating performance forecasts for FY2025 will not be disclosed. For more information, please refer to “1. Overview of Business Performance, etc.; (4) Forecasts and Various Factors in the Future” on page 4 of Supporting Information. ■ Explanatory Notes (1) Changes to major subsidiaries during FY2024: Yes New ‐ (Company , Excluded 2 companies (Company BLOCKSMITH&Co., name) name) BLOCKSMITH&Co. Singapore Pte. Ltd. (2) Changes to accounting policies, estimates, and restatements ① Changes to accounting policies due to revision of accounting standards: No ② Changes other than ①: No ③ Changes to accounting estimates: No ④ Restatements: No (3) Number of outstanding shares (common shares) ① Period end outstanding shares FY2024 48,502,300 shares FY2023 41,092,200 shares (including treasury shares) ② Period end treasury shares FY2024 641,605 shares FY2023 641,531 shares ③ Average outstanding shares FY2024 44,240,688 shares FY2023 40,450,669 shares during the period

s (common shares) ① Period end outstanding shares FY2024 48,502,300 shares FY2023 41,092,200 shares (including treasury shares) ② Period end treasury shares FY2024 641,605 shares FY2023 641,531 shares ③ Average outstanding shares FY2024 44,240,688 shares FY2023 40,450,669 shares during the period [Reference] Summary of Non-Consolidated Operating Performance 1. Non-Consolidated Operating Performance for FY2024 (January 1, 2024 – December 31, 2024) (1) Non-Consolidated Operating Results (% represents rate of increase or decrease over same period of previous fiscal year) Revenue Operating Income Ordinary income Net income Million yen % Million yen % Million yen % Million yen % FY2024 7,571 (24.5) (1,556) － (1,187) － (2,586) － FY2023 10,028 (38.9) (1,400) － (853) － (1,693) － Net income Diluted net income per share per share Yen Yen FY2024 (58.48) － FY2023 (41.86) －

(2) Non-Consolidated Financial Status Total assets Net assets Equity ratio Net assets per share Million yen Million yen % Yen FY2024 16,368 10,569 64.5 220.61 FY2023 17,543 11,358 64.6 280.19 Reference: Shareholder’s Equity FY2024: 10,558 million yen FY2023: 11,333 million yen ■ Financial statements are not subject to audits by certified public accountants or audit firms. ■ Other special instructions (Method of obtaining supplementary materials on quarterly financial results) For an overview of the financial results, please refer to the quarterly financial results presentation slides posted on the Company website. https://www.klab.com/en/ir/library/presentations/ ~~1~~

Supporting Information INDEX 1. Overview of Business Performance, etc. 2 (1) Overview of Business Performance for the Period 2 (2) Overview of Financial Status for the Period 2 (3) Overview of Cash Flows for the Period 3 (4) Forecasts and Various Factors in the Future 4 2. Rationale Behind the Choice of Accounting Standards 4 3. Consolidated Financial Statements and Related Notes 5 (1) Consolidated Balance Sheets 5 (2) Consolidated Statements of Income and Comprehensive Income 7 Consolidated Statements of Income 7 Consolidated Statements of Comprehensive Income 8 (3) Consolidated Statements of Changes in Equity 9 (4) Consolidated Statements of Cash Flows 11 (5) Notes Related to Consolidated Financial Statements 12 (Notes Related to Ongoing Concern Assumptions) 12 (Segment Information and Other Information) 12 (Per Share Data) 14 (Significant Subsequent Events) 15 4. Other 16 Important Events etc. Related to Ongoing Concern Assumptions 16

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Type: Financial

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