APPRECIATION On behalf of Tropicana’s Board of Directors and management team, we would like to express our deepest gratitude to our shareholders and stakeholders for their continued dedication and loyalty. We would also like to thank our team of dedicated employees at Tropicana and all our customers for their unwavering support. Despite the challenges of 2025, we remain committed to strengthening our priorities and realigning for future growth. With a strong foundation in place, we will continue to enhance our competitive advantage while advancing our vision of “OneTropicana: Connecting Communities, Forging Futures” and Redefining the Art of Living both domestically and internationally. We look ahead with optimism and determination. AR 2025 | MANAGEMENT DISCUSSION & ANALYSIS 70
RkJQdWJsaXNoZXIy NDgzMzc=