Trading Update

Fairview International PLC

("Fairview" or the "Company")

Trading update

Fairview, the operator of international schools following the International Baccalaureate ("IB") curriculum, is pleased to provide the following trading update.

Highlights

· Revenue for the year ended 30 June 2025 was £5.3 million, a 6% increase from £5.0 million in 2024.

· New student enrolments for the year ending 30 June 2026 are currently 9% ahead of the same period last year.

· Increased marketing efforts are expected to drive further enrolment growth.

· Malaysia's expanding expatriate community and its proactive visa policies for international students present strong tailwinds.

· Fairview's Kuala Lumpur campus was ranked among the top 100 IB schools globally for the sixth consecutive year.

· Record-breaking Middle Years Programme results, with a 100% pass rate in the IB Diploma Programme.

· Dr Vincent Chian, Chief Operating Officer of Fairview, discusses the Company's trading update with focusIR here: https://media.focusir.com/FairviewInternationalFY25TradingUpdate

The Company expects to report revenue of £5.3 million for the financial year ended 30 June 2025, representing a 6% increase compared to the prior year. This growth reflects the impact of higher average fees across the Company's two Malaysian schools. At the same time, Fairview has continued to manage operating and administrative costs carefully, leading to improved margins . The results for the year ended 30 June 2025 will reflect the one-off expenses of the Company's IPO in October 2024.

Student numbers remain a key driver of Fairview's performance. As of August 2025, total headcount stands at 769-up 9% from 707 in August 2024*. New enrolments for the academic year ending 30 June 2026 are currently 136, compared to 125 this time last year. The Company has increased its investment in marketing and recruitment, and anticipates continued gains as the academic year progresses. Coupled with sustained fee growth, this positions Fairview for ongoing expansion.

Currently, 34% of enrolled students are in the Primary Years Programme, 60% in the Middle Years Programme, and 6% in the IB Diploma Programme. This demographic skew toward younger cohorts provides a strong foundation for long-term retention and stability.

Student demand is supported by external market dynamics. Malaysia issued over 154,000 expatriate passes in 2024-the highest since 2018-with upward momentum continuing into 2025. Additionally, international student visa approvals rose 25% in 2024, driven in large part by Chinese applicants.

Fairview's academic results continue to be a key differentiator. For the sixth consecutive year, the Kuala Lumpur campus was ranked in the top 100 IB schools globally and second in Malaysia. All students passed the IB Diploma Programme, with an average score of 34.53-well above the global average of approximately 30. In the Middle Years Programme, Kuala Lumpur and Johor Bahru reported record scores of 5.07 and 5.47 respectively (compared to a global average of ~4.8). These outcomes strengthen Fairview's appeal to both students and parents.

The Company expects to publish its audited consolidated accounts and annual report for the year ended 30 June 2025, during October 2025.

Daniel Chian, Chairman of Fairview, commented: "We look forward to publishing our maiden set of audited financial results as a listed company. These results reflect solid operational and academic progress. Since our IPO in October 2024, we have focused intensively on student recruitment, and the early signs are positive. With sustained marketing efforts and continued academic excellence, we anticipate further enrolment gains as the year unfolds.

"Operationally, we remain highly geared to student numbers. Importantly, both our schools have available capacity to accommodate growth without requiring new capital expenditure, and we have successfully implemented fee increases while remaining competitive within our peer group."

*Note: Enrolment figures are based on August headcount at the start of the academic year and may differ from June year-end numbers, which may not yet reflect all new joiners.

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Notes to Editors - About Fairview International PLC

Fairview owns and operates two private independent schools in Malaysia that offer the International Baccalaureate programme. One of these schools is located in Kuala Lumpur, the capital of Malaysia, and the other is located in the southern state of Johor close to the border with Singapore. These schools trade under the Fairview brand which was founded in 1978, and were subsequently acquired by Agodeus Sdn Bhd, a company owned by the Chian family, in 2012. 

There are three other schools in Malaysia and one in the United Kingdom that also trade under the Fairview brand, which are under common control but outside of the Company's group. All schools in the Fairview network are individually recognised by the International Baccalaureate Organisation as fully accredited to offer the IB programme across the primary and middle years; ages 5 to 16, with Fairview Kuala Lumpur also offering the diploma programme for 16- to 19-year-olds. Each of the schools not owned by the Company use the Fairview brand under licence from the Company accessing the resources of the Fairview Network.

The school in Kuala Lumpur is the largest and flagship school that uses the Fairview brand, whilst the school in Johor focuses on the expatriate market in Singapore and so is internationally focused.

With a rise in popularity of the International Baccalaureate programme in both the independent and state sector in the UK, with a growing acceptance of International Baccalaureate graduates by UK universities, the Directors believe that the Company's and Fairview Network schools will appeal particularly to the ASEAN, Mainland China and Hong Kong market; particularly families looking for an educational foundation in the UK prior to studying at a UK university.

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. 

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