Announcement • Jul 02
The Trendlines Group Ltd. to Report First Half, 2026 Results on Aug 14, 2026 The Trendlines Group Ltd. announced that they will report first half, 2026 results on Aug 14, 2026 New Risk • Mar 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (S$80.1m market cap, or US$62.4m). Announcement • Mar 13
The Trendlines Group Ltd., Annual General Meeting, Apr 16, 2026 The Trendlines Group Ltd., Annual General Meeting, Apr 16, 2026, at 10:00 Singapore Standard Time. Location: suntec singapore convention & exhibition centre, 1 raffles boulevard, singapore 039593, level 3, room 307, Singapore Reported Earnings • Feb 25
Full year 2025 earnings released: EPS: US$0.002 (vs US$0.009 loss in FY 2024) Full year 2025 results: EPS: US$0.002 (up from US$0.009 loss in FY 2024). Net income: US$1.92m (up US$11.3m from FY 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. New Risk • Feb 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (S$90.2m market cap, or US$71.2m). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (S$107.7m market cap, or US$83.7m). Announcement • Jan 15
The Trendlines Group Ltd. has completed a Follow-on Equity Offering in the amount of SGD 5.60656 million. The Trendlines Group Ltd. has completed a Follow-on Equity Offering in the amount of SGD 5.60656 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 83,680,000
Price\Range: SGD 0.067
Discount Per Security: SGD 0.002345
Transaction Features: Subsequent Direct Listing Announcement • Jan 07
The Trendlines Group Ltd. has filed a Follow-on Equity Offering in the amount of SGD 5.60656 million. The Trendlines Group Ltd. has filed a Follow-on Equity Offering in the amount of SGD 5.60656 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 83,680,000
Price\Range: SGD 0.067
Discount Per Security: SGD 0.002345
Transaction Features: Subsequent Direct Listing New Risk • Jan 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (S$101.5m market cap, or US$78.9m). Announcement • Dec 30
The Trendlines Group Ltd. has completed a Follow-on Equity Offering in the amount of SGD 3.42642 million. The Trendlines Group Ltd. has completed a Follow-on Equity Offering in the amount of SGD 3.42642 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 51,447,751
Price\Range: SGD 0.0666
Transaction Features: Subsequent Direct Listing New Risk • Oct 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.5m free cash flow). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (S$54.1m market cap, or US$41.6m). New Risk • Oct 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.5m free cash flow). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (S$36.9m market cap, or US$28.5m). Reported Earnings • Aug 13
First half 2025 earnings released: US$0.003 loss per share (vs US$0.002 profit in 1H 2024) First half 2025 results: US$0.003 loss per share (down from US$0.002 profit in 1H 2024). Net loss: US$3.23m (down 299% from profit in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. New Risk • Aug 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$7.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$7.5m free cash flow). Earnings have declined by 47% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (S$32.8m market cap, or US$25.5m). New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Singaporean stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$8.9m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (S$37.1m market cap, or US$28.8m). Board Change • May 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. No highly experienced directors. Independent & Non-Executive Director Boon Ann Sin is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Apr 24
The Trendlines Group Ltd. Appoints Elka Nir as Non-Independent and Non-Executive External Director and Member of Its Audit, Remuneration and Nominating Committees, Effective April 23, 2025 The Board of Directors of The Trendlines Group Ltd. announced that following the shareholders' approval at the Special General Meeting held on 23 April 2025 for the ordinary resolution 1 as set out in the Notice of SGM, Ms. Elka Nir, age 64 is appointed as the Non-Independent and Non-Executive, External Director of the Company with effect from the date of the SGM on 23 April 2025. Ms. Elka Nir will also be appointed to serve as a member of the Company's Audit Committee, Remuneration Committee, and Nominating Committee (collectively "Appointment"). Professional qualifications: Ms. Nir holds a Bachelor of Science (B.Sc.) in Computer Science from the Technion-Israel Institute of Technology and a Diploma in Business Administration (Magna Cum Laude) from the University of Haifa, Israel. Working experience and occupation(s) during the past 10 years From July 2013 to July 2023, Ms Nir served as: CEO - Carmel Ltd.; Director and CEO - Carmel Innovations Ltd; Director and CEO - CA Innovations 2 From January 2012 to December 2023, Ms Nir served as: Founder, CEO and Director - E.LeadIN Ltd. Following the aforesaid Appointment, the composition of the Board and the Board Committees are set out below with immediate effect: Board of Directors: Ms. Nehama Ronen (Chair and Independent and Non-Executive Director), Mr. Sin Boon Ann (Independent and Non-Executive Director), Prof. Low Teck Seng (Independent & Non-Executive Director), Ms. Sarit Zeevi (Independent & External Director), Mr. Haim Brosh (Executive Director and Chief Executive Officer), Ms. Elka Nir (Non-Independent and Non-Executive, External Director). Audit Committee: Ms. Sarit Zeevi (Chair), Mr. Sin Boon Ann, Ms. Elka Nir. Nominating Committee: Ms. Nehama Ronen (Chair), Mr. Sin Boon Ann, Ms. Elka Nir. Remuneration Committee: Ms. Sarit Zeevi (Chair), Prof. Low Teck Seng, Ms. Elka Nir. New Risk • Apr 21
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$8.9m free cash flow). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (S$36.0m market cap, or US$27.6m). Announcement • Mar 14
The Trendlines Group Ltd., Annual General Meeting, Apr 23, 2025 The Trendlines Group Ltd., Annual General Meeting, Apr 23, 2025, at 10:00 Singapore Standard Time. Location: suntec singapore convention & exhibition centre, 1 raffles boulevard, singapore 039593, level 3, room 307, Singapore Board Change • Mar 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. Independent & Non-Executive Director Boon Ann Sin is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 25
Full year 2024 earnings released: US$0.009 loss per share (vs US$0.037 loss in FY 2023) Full year 2024 results: US$0.009 loss per share (improved from US$0.037 loss in FY 2023). Net loss: US$9.43m (loss narrowed 72% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Announcement • Feb 24
The Trendlines Group Ltd. Announces Board and Board Committee Changes The Board of Directors of The Trendlines Group Ltd. announced the following changes to the composition of the Board: Appointment of Ms. Nehama Ronen as permanent Chair of the Board of Directors effective from 24 February 2025 after being appointed as Interim Chair on 8 March 2024. Appointment of Mr. Haim Brosh as an Executive Director on the Board of the Company ("Appointment") with effect from 24 February 2025. Ms. Elka Nir's retirement as an External and Independent Director from the Board of Directors with effect from 24 February 2025, as disclosed in the Company's SGM Circular which had been announced on 28 January 2022. Ms. Elka Nir will also relinquish her position as Chair of the Audit Committee, Chair of the Nominating Committee and member of the Nominating Committee. Following the aforesaid changes, the composition of the Board and the Board Committees are set out below with immediate effect: Board of Directors: Ms. Nehama Ronen (Chair and Independent and Non-Executive Director), Mr. Sin Boon Ann (Independent and Non-Executive Director), Prof. Low Teck Seng (Independent & Non-Executive Director), Ms. Sarit Zeevi (Independent & External Director), and Mr. Haim Brosh (Executive Director, Chief Executive Officer & Interim Chief Financial Officer). Audit Committee: Ms. Sarit Zeevi (Chairperson), Mr. Sin Boon Ann, and Prof. Low Teck Seng. Nominating Committee: Ms. Nehama Ronen (Chairperson), Mr. Sin Boon Ann, and Ms. Sarit Zeevi. Remuneration Committee: Ms. Sarit Zeevi (Chairperson), Prof. Low Teck Seng, and Mr. Sin Boon Ann. New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$100m (S$45.9m market cap, or US$34.3m). Announcement • Feb 21
The Trendlines Group Ltd. Announces Retirement of Elka Nir as Lead Independent and External Director, Chair of the Nominating Committee, Chair of the Audit Committee, and A Member of the Remuneration Committee The Trendlines Group Ltd. announced Retirement of Elka Nir as Lead Independent and External Director, Chair of the Nominating Committee, Chair of the Audit Committee, and a member of the Remuneration Committee. Role And Responsibilities are Duties of the Lead Independent and External Director. Chair of the Nominating Committee, Chair of the Audit Committee, and a member of the Remuneration Committee. Other DirectorShips Past: Zooz Power (Chakratec) Ltd. (Independent Director). On 20 February 2025, the Audit Committee and the Board of Directors decided to recommend extending the tenure of Ms. Elka Nir as External Director for an additional 3 years based on her expertise and special contribution to the Company over the years. Accordingly, Ms. Elka Nir will cease to be a Board member as of the end of 23 February 2025 and will relinquish her position as Chair of the Nominating Committee, Chair of the Audit Committee, and a member of the Remuneration Committee. During the General Meeting of the shareholders on 23 April 2025, Ms. Elka Nir will be recommended to the shareholders to be appointed to serve as External Director of the Company. If appointed, Ms. Elka Nir will no longer serve as an Independent Director of the Company, but as an External & Non-Independent Non-Executive Director. The Company will release a circular in due course to seek shareholders' approval for the appointment of Ms Elka Nir as an External Director of the Company at the Company's upcoming Annual General Meeting. After having interviewed Ms. Elka Nir, and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that, save as disclosed in this announcement, there are no other material reasons for the cessation of Ms. Elka Nir as the Lead Independent and External Director. New Risk • Nov 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (6.7% increase in shares outstanding). Market cap is less than US$100m (S$48.2m market cap, or US$35.9m). Announcement • Aug 04
The Trendlines Group Ltd. to Report Q2, 2024 Results on Aug 07, 2024 The Trendlines Group Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024 Announcement • Jul 05
The Trendlines Group Ltd. announced that it expects to receive SGD 4.596 million in funding Trendlines Group Ltd. announced a private placement to issue 76,600,000 common shares at an issue price of SGD 0.06 per share for the gross proceeds of SGD 4,596,000 on July 5, 2024. The transaction will include participation from controlling shareholders, CEO and among others. Announcement • Mar 27
The Trendlines Group Ltd. has filed a Follow-on Equity Offering in the amount of SGD 4.418463 million. The Trendlines Group Ltd. has filed a Follow-on Equity Offering in the amount of SGD 4.418463 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 73,641,050
Price\Range: SGD 0.06
Transaction Features: Rights Offering Announcement • Mar 14
The Trendlines Group Ltd., Annual General Meeting, Apr 18, 2024 The Trendlines Group Ltd., Annual General Meeting, Apr 18, 2024, at 10:00 Singapore Standard Time. Location: 190 Clemenceau Ave #06-01, Singapore Shopping centre, The Dining Hall@Work Central, 239924 Singapore Singapore Agenda: To consider re-election of professor Low Teck Seng as a Director of the company; to consider re-appointment of Messrs. Ernst & Young LLp as external independent auditors; and to consider authority to issue shares. Announcement • Feb 22
The Trendlines Group Ltd. Announces Changes to the Composition of the Board and Its Committees, Effective 8 March 2024 The Board of Directors of The Trendlines Group Ltd. announced the following changes to the composition of the Board of Directors ("BOD"), the Nominating Committee ("NC") and the Audit Committee ("AC"). On 31 Oct 2023, Trendlines announced management changes following succession planning discussions with the Board. Mr. Steve Rhodes ("Steve") and Mr. Todd Dollinger ("Todd") ceased to serve their positions as co-chief executive officers but remained as co- Chairs of the Company for approximately six months. Both Steve and Todd have expressed their willingness to continue supporting the business development of Trendlines' portfolio companies. The BOD was updated that Steve and Todd will cease to serve in their positions as co-Chairs, effective from 8 March 2024, and Ms. Nehama Ronen, a current Independent Director of the Company will replace them as Interim Chair of the BOD. Both Trendlines and portfolio companies have benefitted from their positive enthusiasm, years of experience, and steadfast commitment. Steve and Todd will cease to be members of the Board; Steve will cease to be a member of the NC; and Ms. Nehama Ronen will cease to be a member of the AC. Following the above-mentioned changes, the composition of the Board, the NC and AC are reconstituted as set out below with effect as of 8 March 2024: Nominating Committee: Ms. Elka Nir (Chair), Mr. Sin Boon Ann, Ms. Nehama Ronen. Audit Committee: Ms. Elka Nir (Chair), Ms. Sarit Zeevi, Mr. Sin Boon Ann. Reported Earnings • Feb 22
Full year 2023 earnings released: US$0.037 loss per share (vs US$0.017 loss in FY 2022) Full year 2023 results: US$0.037 loss per share (further deteriorated from US$0.017 loss in FY 2022). Net loss: US$34.0m (loss widened 135% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. New Risk • Feb 19
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Market cap is less than US$100m (S$81.6m market cap, or US$60.7m). Announcement • Nov 13
The Trendlines Group Ltd., Annual General Meeting, Dec 15, 2023 The Trendlines Group Ltd., Annual General Meeting, Dec 15, 2023, at 15:00 Singapore Standard Time. Location: 73B Ayer Rajah Crescent @ JTC Launchpad , Singapore 139966 Singagpore Singapore Agenda: To consider and approve the CEO Remuneration Package payable to Mr. Haim Brosh, following his appointment as the CEO of the Company with effect from 1 November 2023. Announcement • Oct 17
The Trendlines Group Ltd. Announces Zeev Bronfeld to Retire as a Non-Executive Director The Trendlines Group Ltd. Announced that Zeev Bronfeld ("Mr. Bronfeld"), a Non-Executive Director of the Company since its inception, has requested to retire from the position due to personal reasons. Over the last few years, Mr. Bronfeld has resigned from all public companies in which he held positions to enable him to spend more time with his family. After having interviewed Mr. Bronfeld and to the best of its knowledge, the Company's Sponsor, is satised that save as disclosed in this announcement, there are no other material reasons for the cessation of Zeev Bronfeld as the Non-Executive Director of the Company. Reported Earnings • Aug 07
First half 2023 earnings released: EPS: US$0.005 (vs US$0.014 loss in 1H 2022) First half 2023 results: EPS: US$0.005 (up from US$0.014 loss in 1H 2022). Net income: US$4.54m (up US$16.4m from 1H 2022). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 23
Full year 2022 earnings released: US$0.017 loss per share (vs US$0.008 profit in FY 2021) Full year 2022 results: US$0.017 loss per share (down from US$0.008 profit in FY 2021). Net loss: US$14.5m (down 321% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Feb 01
The Trendlines Group Ltd. Announces Directorate and Committee Changes The Board of Directors of The Trendlines Group Ltd. announced the following changes to the composition of the Board: Appointment of Ms. Sarit Zeevi as an External and Independent Director of the Company with effect from 31 January 2023, following shareholders' approval at the Special General Meeting of the Company held on the same date. Ms. Sarit Zeevi will serve as a member of the Company's Audit Committee, Remuneration Committee and Nominating Committee. Working Experience: Retail 3000 Ltd. - Legal Counsel; Zeevi Group - Legal Counsel and Investment Director; Zeevi Group - Investment Manager; Arava Power Company Ltd. - Counsel; Elisha Ltd. (Formerly known as Daled.Ayin. Dirot Elite Ltd.) - In-house counsel/Investments Director; Airtouch Solar Ltd. - Business Manager and General Counsel; Haifa University - Teaching Fellow, faculty of law. Other DirectorShips Past: Airtouch Solar Ltd. -Executive Director More Mutual Funds Management (2013) Ltd. - External Director; Member of Oversight Committee; Member of Investments Committee. Other DirectorShips Present: Rinc Green Ltd. - Director Solcold Ltd. - Director Blitz Technologies Ltd. - Independent Director; Member of Oversight Committee and Remuneration Committee "ZI" Zrt. - Director. Director Experience Details: Ms Zeevi will be attending the relevant training courses on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange. Professional Qualifications: Master's Degree in Finance, Reichman University (IDC Herzliya) Bachelor's Degree in Law (LLB), The Hebrew University of Jerusalem Mediator Course and Practicum, Gome, Israeli Center for Mediation and Coaching Diploma studies in Retirement Home Management, Bar-Ilan University, Israel. Professor Hang Chang Chieh's retirement as an External and Independent Director from the Board of Directors with effect from 31 January 2023, as disclosed in the Company's SGM Circular which had been announced on 23 December 2022. Professor Hang will also relinquish his position as a member of the Company's Audit Committee, Remuneration and Nominating Committee. Following the aforesaid changes, the composition of the Board and the Board Committees are set out below with immediate effect: Board of Directors: Mr. Todd Dollinger (Chairman and Chief Executive Officer); Mr. Steve Rhodes (Chairman & Chief Executive Director); Ms Elka Nir (Lead Independent & External Director); Mr. Zeev Bronfeld (Non-Executive Director); Mr. Sin Boon Ann (Independent and Non-Executive Director); Ms Nehama Ronen (Independent and Non-Executive Director); Prof Low Teck Seng (Independent & Non-Executive Director); Ms Sarit Zeevi (Independent & External Director). Audit Committee: Ms Elka Nir (Chairperson); Mr. Sin Boon Ann; Ms Nehama Ronen; Ms Sarit Zeevi. Nominating Committee: Ms Elka Nir; Mr. Steve Rhodes; Mr. Sin Boon Ann; Ms Nehama Ronen; Ms Sarit Zeevi. Remuneration Committee: Ms Elka Nir (Chairperson); Ms Nehama Ronen; Ms Sarit Zeevi. Announcement • Aug 12
The Trendlines Group Ltd. Appoints Low Teck Seng as an Independent and Non-Executive Director, and Announces Reconstitution of the Board The Board of Directors of The Trendlines Group Ltd. announced the appointment of Professor Low Teck Seng (‘Prof. Low Teck Seng’) as an Independent and Non-Executive Director of the Company with effect from 11 August 2022. Following the aforesaid appointment, the Board is re-constituted with effect from 11 August 2022 as set out: The Board committees of the Company remain unchanged. Board of Directors: Mr. Todd Dollinger (Chairman and Chief Executive Officer), Mr. Steve Rhodes (Chairman & Chief Executive Director), Prof. Hang Chang Chieh (Independent & External Director), Ms. Elka Nir (Lead Independent & External Director), Mr. Zeev Bronfeld (Non-Executive Director), Mr. Sin Boon Ann (Independent and Non-Executive Director), Ms. Nehama Ronen (Independent and Non-Executive Director), and Prof. Low Teck Seng (Independent and Non-Executive Director). Audit Committee: Ms. Elka Nir (Chairperson), Prof. Hang Chang Chieh, Mr. Sin Boon Ann, and Ms. Nehama Ronen. Nominating Committee: Ms. Elka Nir, Prof. Hang Chang Chieh, Mr. Steve Rhodes, Mr. Sin Boon Ann, and Ms. Nehama Ronen. Remuneration Committee: Ms. Elka Nir (Chairperson), Prof. Hang Chang Chieh, and Ms. Nehama Ronen. Announcement • Aug 03
The Trendlines Group Ltd. Announces Cessation of Nir Goldenberg, CEO Trendlines Innovation Labs The Trendlines Group Ltd. Announced Nir Goldenberg tendered his resignation to pursue other career opportunities abroad and is currently serving his notice period. Based on its inquiries, the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. is satisfied that other than as disclosed in this announcement, there are no other material reasons for the cessation of Nir Goldenberg as CEO of Trendlines Innovation Labs. Announcement • Jul 28
The Trendlines Group Ltd. Provides Earning Guidance for the Six Months Ended 30 June 2022 The Trendlines Group Ltd. provided earning guidance for the six months ended 30 June 2022. The Board of Directors of The Trendlines Group Ltd. informed shareholders of the Company that the Group is expected to report a net loss for the six months ended 30 June 2022 ("H1 2022"). Based on the preliminary review of its draft unaudited consolidated financial results for H1 2022, the loss is mainly due to the write-off of portfolio company Stimatix G.I. Ltd. ("Stimatix") from the books of the Company due to the discontinuation of the marketing of the products of Stimatix by its acquirer, as announced by the Company on 14 July 2022. The current carrying value of Stimatix in the Group's portfolio valuation amounts to USD7.9 million which will be written off in the Group's unaudited consolidated financial results for H1 2022. Announcement • Jun 07
The Trendlines Group Ltd. Announces Appointment of Nehama Ronen S as Independent & Non-Executive Director, Member of the Audit Committee, Nominating Committee and Remuneration Committee The Trendlines Group Ltd. announced appointment of Ms Nehama Ronen s as Independent & Non-Executive Director, member of the Audit Committee, Nominating Committee and Remuneration Committee. Working Experience: 1. 2004 to present - Maman Cargo Terminals & Handling Ltd.- Chairperson 2. 2004 to 2009 - ELA Recycling Corporation - Chairperson. Other DirectorShips Past: 2004-2019 ELA Recycling Corporation - Chairperson 2016-2018 ADO Ltd. - Board Member 2019-2022 Amal Holdings - Board Member 2007-2016 SHL Telemedicine - Independent Board Member. Other DirectorShips Present: 2004-Present Maman Cargo Terminal & Handling Ltd. - Chairperson, Member of Audit Committee, Finance Committee and Remuneration Committee. 2004-Present Maman Aviation - Board Member 2017-Present Tamar Petroleum Ltd. - Independent Member of Audit Committee 2020-Present Dan Public Transportation Co. Ltd. - Independent Director, Member of Audit Committee, Finance Committee and Remuneration Committee 2021-Present Trucknet Enterprise Ltd. - Independent Director, Member of Audit Committee 2005-Present Nehama Ronen Holdings - Founder. Professional Qualifications: (1) Senior Executive Program, London Business School (2) Master's Degree in Public Administration, Haifa University (3) Bachelor's Degree in Education and History, Beit Berl College. Announcement • Apr 19
the Trendlines Group Ltd. Announces Retirement of Stephen Haslett as an Independent Director The Trendlines Group Ltd. announce that following the retirement of Professor Stephen Haslett as an Independent Director of the Company, he shall ipso facto cease to be of the following positions: Chairperson of the Nominating Committee; Member of the Audit Committee; and Member of the Remuneration Committee. Reported Earnings • Feb 23
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.008 (up from US$0.005 loss in FY 2020). Revenue: US$16.1m (down 666% from FY 2020). Net income: US$6.56m (up US$10.3m from FY 2020). Profit margin: 41% (down from 131% in FY 2020). The decrease in margin was primarily driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Jan 12
The Trendlines Group Ltd. (Catalist:42T) through its Fund Trendlines Agrifood Pte. Ltd. has invested in unknown stake in AgriG8 Pte Ltd. The Trendlines Group Ltd. (Catalist:42T) through its Fund Trendlines Agrifood Pte. Ltd. has invested in unknown stake in AgriG8 Pte Ltd. on January 10, 2022. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Boon Ann Sin was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 02
Synthes GmbH completed the acquisition of OrthoSpin Limited from The Trendlines Group Ltd. (Catalist:42T) and others. Synthes GmbH signed a definitive agreement to acquire OrthoSpin Limited from The Trendlines Group Ltd. (Catalist:42T) and others for $79.5 million on November 4, 2021. Trendlines, which owns a 26.9% stake in OrthoSpin, will receive net proceeds totaling $15.8 million from the transaction after deduction of related expenses. The acquisition will have a material positive impact on the net tangible assets per share and earnings per share of Trendlines for the financial year ending December 31, 2021.
Synthes GmbH completed the acquisition of OrthoSpin Limited from The Trendlines Group Ltd. (Catalist:42T) and others on December 1, 2021. After the transaction, OrthoSpin has ceased to be a portfolio company of Trendlines Group. Reported Earnings • Jun 27
First quarter 2021 earnings released: EPS US$0.002 (vs US$0.003 loss in 1Q 2020) First quarter 2021 results: Net income: US$1.78m (up US$4.54m from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Executive Departure • Apr 09
Joint Company Secretary has left the company On the 8th of April, Ooi Yin's tenure as Joint Company Secretary ended after less than a year in the role. We don't have any record of a personal shareholding under Ooi's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Mar 19
Full year 2020 earnings released: US$0.005 loss per share (vs US$0.001 loss in FY 2019) Full year 2020 results: Net loss: US$3.73m (loss widened US$3.26m from FY 2019). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • Mar 16
The Trendlines Group Ltd., Annual General Meeting, Apr 22, 2021 The Trendlines Group Ltd., Annual General Meeting, Apr 22, 2021, at 13:00 Singapore Standard Time. Agenda: To consider re-election of Mr. Stephen Louis Rhodes as a Director of the Company; to consider re-appointment of Kost Forer Gabbay & Kasierer as independent External Auditors and to authorize the Directors to fix their remuneration; to consider Authority to Issue Shares; and to consider any other matters. Reported Earnings • Feb 24
Full year 2020 earnings released: US$0.005 loss per share (vs US$0.001 loss in FY 2019) Full year 2020 results: Net loss: US$3.73m (loss widened US$3.26m from FY 2019). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Feb 02
The Trendlines Group Ltd. to Report Fiscal Year 2020 Results on Feb 23, 2021 The Trendlines Group Ltd. announced that they will report fiscal year 2020 results on Feb 23, 2021 Announcement • Dec 02
The Trendlines Group Ltd. Announces Change of Joint Company Secretary The Board of Directors of The Trendlines Group Ltd. announced the resignation of Ms. Tan Lay Hong as Joint Company Secretary of the Company and in her place, the appointment of Ms. Rachel Ooi Kai Yin as Joint Company Secretary of the Company with immediate effect. Mr. Haim Brosh remains as Joint Company Secretary of the company. Announcement • Aug 06
The Trendlines Group Ltd. to Report First Half, 2020 Results on Aug 11, 2020 The Trendlines Group Ltd. announced that they will report first half, 2020 results on Aug 11, 2020 
