The responsibility of the Directors in relation to the Financial Statements is set out in the following statement.

The Board of Directors of Nawaloka Hospitals PLC is responsible under Section 148 of the Companies Act No. 07 of 2007 for keeping proper accounting records which disclose with reasonable accuracy at all times, the performance and the financial position of the Company and of the Group and to enable them to ensure that the resulting Financial Statements comply with, inter alia the Companies Act No. 07 of 2007.

In preparing these Financial Statements, the Directors of the Company have to comply with the requirements specified in Sections 150 (1), 151, 152 (1), 153 (1) and 153 (2) of the Companies Act No. 07 of 2007. In accordance therewith the Directors of the Company and the Group maintain proper Books of Accounts of all the transactions and prepare Financial Statements that give a true and fair view of the state of affairs of the Company at the date of the Statement of Financial Position and the Profit or Loss for the year ending on that date.

Accordingly, the Directors confirm that:

• Appropriate accounting policies have been selected and applied in a consistent manner and material departures if any, have been disclosed and explained;
• All applicable and relevant accounting standards have been followed; and
• They have exercised due and proper judgement and estimates which are reasonable and prudent.

The Financial Statements of the Company and the Group have been certified by the Company’s Chief Financial Officer, the person responsible for its preparation, as required by the Act. Financial Statements of the Company and the Group have been signed by two Directors on 04 September 2025 as required by Sections 150 (1) (c) and 152 (1) (c) of the Companies Act. Accordingly, the Board of Directors wishes to confirm that they have complied with all the requirements of the Companies
Act No. 07 of 2007 and have also met all the requirements under Section 7 of the Listing Rules of the Colombo Stock Exchange.

The Directors also have taken reasonable steps to safeguard the assets of the Company and to prevent and detect frauds and other irregularities. In this regard, the Directors have installed adequate internal controls and an efficient system of monitoring its effectiveness, internal audit being one of them. The Board has been provided additional assurance on the reliability of the Financial Statements through a process of independent and objective reviews conducted by the Audit Committee. The Report of the Audit Committee is at pages 90 and 91 of this Annual Report.

The Directors are also of the opinion that the Company has adequate resources to continue in business for the foreseeable future and have applied the “Going Concern” basis in preparing these Financial Statements.

The Directors confidently state that they have discharged their responsibility as set out in the Statement.

Compliance Report

The Directors also confirm that to the best of their knowledge, all taxes, duties and levies payable by the Company, all contributions, levies and taxes payable on behalf of and in respect of the employees of the Company and other known statutory dues as were due and payable by the Company as at the date of the Statement of Financial Position have been paid or where necessary provided for, in arriving at the financial results for the year under review.

The Directors confirm that:

• The Company is in compliance with the requirements of the Act as aforementioned.
• These Financial Statements have been prepared in accordance with the requirements of the Companies Act No. 07 of 2007 and applicable Sri Lanka Accounting Standards, which have been consistently applied and supported by reasonable and prudent judgements and estimates.
• The Company is in compliance with Section 9 of the Listing Rules of the Colombo Stock Exchange in respect of the related party transactions entered into by the Company during the year.

By Order Of The Board,

C G CORPORATE CONSULTANTS (PRIVATE) LIMITED

Charuni Gunawardana
Director
Company Secretaries for Nawaloka Hospitals PLC

04 September 2025