Trading update and business review

Fairview International PLC

("Fairview" or the "Company" or the "Group")

Trading update and business review

Fairview, the operator of International Baccalaureate ("IB")-focused international schools and developer of scalable education services, is pleased to provide a trading update ahead of publishing its interim results for the six-month period ended 31 December 2025, together with an update on the Board's business review meeting which took place earlier this month.

Preliminary results for the six months ended 31 December 2025

The Board is pleased to announce that revenue earned for the six months ended 31 December 2025 increased by £198,000 (or 7%) to £2.98 million, up from £2.78 million in the corresponding period in the previous year. This improvement is primarily attributed to the increase in the student fees and ancillary income. Student numbers rose by 2% over the period to 723 as at 31 December 2025 from 710 at the beginning of the financial period. Gross profit grew over the six-month period by 13% to £1.59 million from £1.40 million earned in the corresponding six-month period ended 31 December 2024. The increase in gross profit reflects improving operating leverage across the Group's largely fixed-cost base.

The Board expects to publish the Company's unaudited consolidated interim results for the six months to 31 December 2025 in mid-March 2026.

Academic excellence

Fairview's academic results continue to be a key differentiator and for the sixth consecutive year the Fairview Kuala Lumpur campus was ranked in the top 100 IB schools globally and second in Malaysia.

Business review and developments

Alongside continued operational progress within the Group's schools, the Board has initiated a detailed business review focused on both strengthening earnings generation from the Group's education IP and hybrid delivery capabilities, as well as clarifying Fairview's long-term positioning beyond individual school assets. An important element in future proofing Fairview is ensuring that the Company has a sustainable supply chain of new teachers. The recent Memorandum of Understanding, entered into between the Arts University Bournemouth and University College Fairview, for an exploratory partnership to examine creative education collaboration in Malaysia, provides the opportunity for UK students and graduates to enjoy work experience and take post graduate teaching roles in the Fairview network of schools.

The Group's campus in Johor Bahru is also set to benefit operationally, and through property development opportunities, from the Johor-Singapore Special Economic Zone (JS-SEZ), a landmark cross border economic region covering 500 km2 across southern Johor State.

Dr Vincent Chian, Chief Operating Officer, and head of business development, at Fairview, commented: "While we still have considerable capacity before we reach the student numbers that our two campuses can accommodate, our strong business model allows us to trade profitably and provide a clear path for growing income as the majority of our costs are fixed. In addition, we have the potential to leverage from our educational IP and collateral platform both in Malaysia and overseas, and from our property assets in Johor Bahru."

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Notes to Editors

About Fairview International PLC

Fairview International PLC is an IB-focused education group headquartered in Malaysia. The Company owns and operates two private independent schools offering the IB programme - one in Kuala Lumpur and one in Johor Bahru, near the Singapore border.

Founded in 1978, the Fairview brand has developed a long-standing reputation for academic excellence and IB delivery. The Kuala Lumpur campus is recognised as the flagship school and has been ranked among the top IB schools globally in recent years. The Johor Bahru campus serves a diverse and internationally focused student base, including families connected to the Singapore market.

In addition to its owned campuses, three other schools in Malaysia and one in the United Kingdom trade under the Fairview brand under licence arrangements. These schools are under common control but are held outside the Group. All Fairview-branded schools are individually accredited by the International Baccalaureate Organisation to deliver the IB Primary Years and Middle Years Programmes, with Fairview Kuala Lumpur also authorised to offer the IB Diploma Programme.

Beyond operating schools, Fairview is developing scalable education services designed to strengthen earnings resilience and long-term growth. These include teacher training pathways, hybrid and online learning capability, and codified academic systems that support both its own campuses and potential partner institutions.

The Directors believe that rising demand for internationally recognised qualifications across ASEAN and Asia generally, combined with increasing global mobility among families, creates attractive opportunities for high-quality, repeatable IB-focused education systems.