Mene Inc. Reviews Monetary Outcomes for the Second Quarter 2025

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Talking of unparalleled craftsmanship, whereas fall begins to strategy, there’s nonetheless time to rejoice the final weeks of summer season with a number of the unbelievable items our crew has produced over these heat and sunny months. Impressed by the huge our bodies of water that make life doable on Earth, our Sea Fossils assortment options items for each style. Whether or not it’s the demure Ammonite Stud Earrings, the bolder Starfish Ring or the completely beautiful Multi Shell Necklace, you (or a cherished one) are certain to make an indelible impression on and off the seashore.

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Non-IFRS Measures

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This information launch accommodates non-IFRS monetary measures; the Firm believes that these measures present traders with helpful supplemental details about the monetary efficiency of its enterprise, allow comparability of monetary outcomes between intervals the place sure objects might differ impartial of enterprise efficiency, and permit for better transparency with respect to key metrics utilized by administration in working its enterprise. Though administration believes these monetary measures are essential in evaluating the Firm’s efficiency, they aren’t supposed to be thought of in isolation or as an alternative to, or superior to, monetary data ready and introduced in accordance with IFRS. These non-IFRS monetary measures should not have any standardized that means and will not be comparable with comparable measures utilized by different corporations. For sure non-IFRS monetary measures, there are not any instantly comparable quantities beneath IFRS. These non-IFRS monetary measures shouldn’t be considered as options to measures of monetary efficiency decided in accordance with IFRS. Furthermore, presentation of sure of those measures is offered for year-over-year comparability functions, and traders ought to be cautioned that the impact of the changes thereto offered herein have an precise impact on the Firm’s working outcomes.

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Non-IFRS Adjusted Income is a non-IFRS measure. The Firm adjusts its income by including again the worth of knickknack that was returned by prospects, income from orders not but delivered, and reductions given to prospects. These changes are made to evaluate the gross income earlier than deducting this stuff per IFRS income. The closest comparable IFRS measure is income.

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Non-IFRS Adjusted Earnings (loss) is a non-IFRS measure. Non-IFRS Adjusted Earnings (Loss) is a non-IFRS measure, calculated as complete complete revenue (loss), excluding depreciation and amortization, stock-based compensation, accretion, loss on debt retirement, revaluation of steel mortgage, translation acquire or loss, unrealized overseas change beneficial properties or losses and different non-recurring bills. The closest comparable IFRS measure is complete complete revenue (loss).

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Adjusted EBITDA, calculated as complete working revenue (loss), excluding depreciation and amortization, stock-based compensation, different non-recurring bills. The closest comparable IFRS measure is complete working revenue (loss).

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Tangible Widespread Fairness is a non-IFRS measure. It’s calculated as complete shareholder’s fairness excluding intangible belongings.

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For a full definition of non-IFRS monetary measures used herein to their nearest IFRS equivalents, please see the part entitled “Non-IFRS Monetary Measures” within the Firm’s MD&A for the quarter ended June 30, 2025.

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About Menē Inc.

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Menē crafts pure 24 karat gold and platinum jewellery that’s transparently offered by gram weight. By mene.com, prospects might purchase jewellery, monitor the worth of their assortment over time, and promote or change their items by gram weight at prevailing market costs. Menē was based by Roy Sebag and Diana Widmaier-Picasso with a mission to revive the connection between jewellery and financial savings. Menē empowers customers by marrying revolutionary expertise, timeless design, and pure treasured metals to create items which endure as a retailer of worth.

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For extra details about Menē, go to mene.com.

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Cautionary Word Concerning Ahead-Wanting Info:

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This information launch accommodates sure “forward-looking data” and “forward-looking statements” throughout the that means of relevant Canadian and U.S. securities legal guidelines which are based mostly on expectations, estimates and projections as on the date of this information launch. Any statements that contain discussions with respect to predictions, expectations, beliefs, plans, projections, goals, assumptions, future occasions or efficiency (typically however not at all times utilizing phrases reminiscent of “expects”, or “doesn’t count on”, “is predicted”, “anticipates” or “doesn’t anticipate”, “plans”, “funds”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such phrases and phrases or stating that sure actions, occasions or outcomes “might” or “may”, “would”, “may” or “will” be taken to happen or be achieved) are usually not statements of historic reality and could also be forward-looking data and are supposed to determine forward-looking data. Specifically, however with out limiting the foregoing, this information launch accommodates forward-looking data pertaining to the enterprise plans and objectives of the Firm for the present monetary 12 months and 2026; strategic, progress and advertising and marketing plans; and plans associated to income progress.

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This forward-looking data relies on cheap assumptions and estimates of administration of the

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Firm on the time it was made, and entails identified and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements of the Firm to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking data. Such elements embrace, amongst others: the shortcoming to efficiently purchase and/or develop jewellery manufacturing services; an incapacity to foretell or management the detrimental results of tariffs and international buying and selling patterns; an incapacity to foretell and counteract the consequences of pandemics on the enterprise of the Firm, together with however not restricted to the consequences of pandemics and different infectious ailments presenting as main well being points and impacting the value of treasured metals, capital market circumstances, restriction on labour and worldwide journey and provide chains; failure to adjust to environmental and well being and security legal guidelines and rules; working or technical difficulties in reference to the manufacture, sale and distribution of knickknack; precise audited outcomes differing from reported unaudited outcomes; international financial local weather; dilution of the Firm’s shares; the Firm’s restricted working historical past; future capital wants and uncertainty of elevating capital; the aggressive nature of the jewellery business; foreign money change dangers; inflation dangers; dangers associated to altering shopper preferences; the necessity for the Firm to handle its deliberate progress and growth; the consequences of product growth and want for continued expertise and manufacturing change; safety of proprietary rights; the impact of presidency regulation and compliance on the Firm and the business; community safety dangers; the power of the Firm to take care of correctly working programs; theft and danger of bodily hurt to personnel; reliance and availability of key personnel; international financial and monetary market deterioration impeding entry to capital or rising the price of capital; and risky securities markets impacting safety pricing unrelated to working efficiency. Though the Firm has tried to determine essential elements that would trigger precise outcomes to vary materially, there could also be different elements that trigger outcomes to not be as anticipated, estimated or supposed. There could be no assurance that such statements will show to be correct as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers mustn’t place undue reliance on forward-looking data. The Firm undertakes no obligation to revise or replace any forward-looking data aside from as required by legislation.

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Neither TSX Enterprise Change nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Change) accepts duty for the adequacy or accuracy of this launch.

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