MEMBERS & PARTNER COMMUNIQUÉ 

Subject: Strategic Briefing: Enedore Logistics & Industrial Asset – Q1 2026

Date: February 19, 2026

Issuer: STeMCO Executive Board (Small Trade and Mining COrporation)

1. INVESTMENT STATUS

The STeMCO Executive Board hereby confirms the consolidation of our 5,000,000.000 ISK capital injection into the Enedore Industry HUB project (Tatara anchoring), operating under the Consortium’s mandate. This contribution represents a 9.25% equity stake in the total asset value, including the specialized T2 Refining Rig configurations.

2. TECHNICAL PERFORMANCE: THE 80.9% BENCHMARK

We are pleased to verify that the technical configuration co-funded by our Corporation has achieved a peak refining efficiency of 80.9%.

• This metric establishes our Consortium as the undisputed regional leader in industrial yield across New Eden's HiSec.

• The asset functions as a commercial gravity well, attracting significant external trade flows and ensuring high-volume operational throughput.

3. ROI AND DIVIDEND POLICY (RETURN ON INVESTMENT)

From a standpoint of rigorous fiscal transparency, STeMCO maintains that all capital allocations must prioritize long-term corporate sustainability.

• Q2 2026 Objective: Formal definition of dividend distribution protocols regarding the 1% usage fees generated by refining services.

• Transparency Audit: STeMCO advocates for the implementation of a monthly "Volume & Yield Report" to accurately track the investment's Break-Even Point.

4. STRATEGIC OUTLOOK

Despite our "Small" operational footprint, our strategic vision remains uncompromising. Our presence within the Hub is active, not passive. STeMCO will continue to monitor the regional political landscape to ensure that our members' assets are protected by both robust security contracts and sound economic management.

The Executive Board STeMCO – Small Trade and Mining COrporation "Efficiency. Transparency. Results."