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CATHOLIC MISSION

(THE WORK OF THE PONTIFICAL MISSION SOCIETIES)

FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

CATHOLIC MISSION FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

CONTENTS

Page

Responsible Personal Declaration

Statement of Comprehensive Income

Statement of Financial Position

Statement of Changes in Equity

Statement of Cash Flows

Notes to the Financial Statements

6 - 13

Auditor's Independence Declaration

Independent Auditor's Report

CATHOLIC MISSION

RESPONSIBLE PERSON'S DECLARATION FOR THE YEAR ENDED 31 MARCH 2026 The Responsible Persons have determined that Catholic Mission is not a reporting entity. The Responsible Persons have determined that this special purpose financial report should be prepared in accordance with the accounting policies outlined in Note 1 to the financial statements. The Responsible Persons declare that: 1. The financial statements and notes, as set out on pages 2 to 13; a. Comply with Accounting Standards as detailed in Note 1 to the financial statements and the Australian Charites and Not-for-profits Commissions Act 2012: and b. Give a true and fair view of Catholic Mission’s financial position as at 31 March 2026 and of its performance for the year ended on that date in accordance with the accounting policies describes in Note 1 to the financial statements. 2. In the Responsible Person’s opinion there are reasonable grounds to believe that the entity will be able to pay its debts as and when they become due and payable. This declaration is made for and on behalf of the National Council of Catholic Mission in Australia and is signed for on behalf of the Responsible Persons by:

Peter Gates - National Director Dated at Sydney this 27th day of October 2026

CATHOLIC MISSION STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 MARCH 2026 Year Ended 31 March 2026

Year Ended 31 March 2025

6,517,394 445,599 13,561,604 45,538 195,139 1,137,289 359,785 405,040 74,449 127,938 22,869,775

2,176,562 502,060 13,033,408 367,756 33,861 625,706 439,552 206,712 52,946 126,766 17,565,329

(350,561) (19,392) (167,037) (115,053) (1,205,272) (63,356) (301,741) (350,560) (180) 249,692 (218,059) (3,950) (320,681) (9,000) (309,454) (662,409) (561,842) (99,168) (736,388) (1,248,543) (6,349,884) (12,842,838)

(261,893) (13,518) (39,329) (311,495) (1,184,673) (65,996) (287,348) (261,244) 296,859 (171,896) (3,950) (264,282) (70,053) (329,826) (433,926) (308,037) (79,160) (705,618) (870,603) (6,343,353) (11,709,341)

SURPLUS FOR THE YEAR

10,026,937

5,855,988

OTHER COMPREHENSIVE INCOME Other Comprensive Income Total Other Comprensive Income TOTAL COMPREHENSIVE INCOME

10,026,937

5,855,988

Notes

Revenue Bequests Received Distribution & Dividend Income Donations Foreign Exchange Gains Government Grant Immersions Interest Revenue Other Income Other Services Rental & Sundry Income

Expenses Depreciation & Amortisation Entertainment Expenses Event Costs Foreign Exchange Losses Information Technology Insurance Mail Service Marketing Expenses Miscellaneous Net Gain/(Loss) on Revaluation Occupancy Costs Online Content Services Other Employee Benefits Other Expenses Printing Fees Professional Fees Project Management and Transaction Expenses Resources Superannuation Travel Expenses incl. Immersions Wages & Salaries

The accompanying notes form part of these financial statements Page 2

CATHOLIC MISSION STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026

Notes

Current Assets Cash and Cash Equivalents Investments Prepayments Trade and Other receivables Total Current Assets Non-Current Assets Intangible Assets Investment Property Operating Lease Right-of-use Asset Plant and Equipment Total Non-Current Assets

4 5 6

7 8 9 10

Total Assets

Year Ended 31 March 2025

5,396,581 16,268,620 447,486 705,848 22,818,535

3,517,022 15,278,818 550,371 816,843 20,163,054

8,394 3,325,000 1,227,652 1,099,818 5,660,864

12,972 3,325,000 1,475,270 1,176,138 5,989,380

28,479,399

26,152,434

Current Liabilities Current Lease Liability Deferred Revenue Other Liabilities & Accruals Provisions Total Current Liabilities

11 12 13 14

(229,135) (841,401) (785,157) (1,135,959) (2,991,652)

(241,178) (1,053,499) (633,028) (992,806) (2,920,511)

Non-Current Liabilities Non-current Lease Liability Provisions Total Non-Current Liabilities

11 14

(1,041,071) (69,967) (1,111,038)

(1,222,412) (85,504) (1,307,916)

(4,102,690)

(4,228,427)

24,376,709

21,924,007

(12,948,159) (11,428,550) (24,376,709)

(10,819,605) (11,104,402) (21,924,007)

(24,376,709)

(21,924,007)

Total Liabilities

Net Asset

Distributable Funds Distributable Funds Reserves & Retained Earnings Distributable (Accumulated) Funds

Equity

Year Ended 31 March 2026

15 16

The accompanying notes form part of these financial statements Page 3

CATHOLIC MISSION STATEMENT OF CHANGES IN EQUITY AS AT 31 MARCH 2026 Retained Earnings Balance as at 1 April 2024 Surplus Distribution Transfers to / (from Reserves) Total Comprehensive

$ 11,105,066

5,855,988 (5,855,988) -

Balance as at 31 March 2025

Reserves

Distributable Funds $ 11,760,966

Total Equity $ 22,866,032

(664) (664)

(6,798,013) 5,856,652 (941,361)

5,855,988 (6,798,013) (942,025)

11,104,402 -

10,819,605 -

21,924,007 -

Balance as at 1 April 2025

11,104,402

10,819,605

21,924,007

Surplus Distribution Transfers to / (from Reserves) Total Comprehensive

10,026,937 (10,026,937) -

324,148 324,148

(7,574,235) 9,702,789 2,128,554

10,026,937 (7,574,235) 2,452,702

11,428,550 (1)

12,948,159 -

24,376,709 (1)

Balance as at 31 March 2026

The above statement of changes in equity should be read in conjunction with the accompanying notes. Page 4

CATHOLIC MISSION STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2026 Notes

Cash Flow from Operating Activities Cash received from donations Cash returns from Impact Investing Cash received from other revenue Cash received from government grants Cash paid to employees and suppliers Net cash generated from operating activities

Year Ended 31 March 2026

Year Ended 31 March 2025

20,078,998 1,204,512 2,396,310 195,139 (15,059,736) 8,815,223

15,209,971 974,305 1,447,400 33,861 (12,302,892) 5,362,645

Cash Flow used in Investing Activities Cash paid for acquisition of assets Cash proceeds from sales of assets Interests and dividends received Cash received on maturity of term deposits Cash payment for acquisition of term deposits Net cash received/(used) in investing activities

(26,254) 2,997 805,384 15,535,453 (15,679,009) 638,571

(136,625) 765 941,612 17,009,858 (15,848,058) 1,967,552

Cash Flow used in Other Activities Distribution paid to funds Net cash used in other activities

(7,574,235) (7,574,235)

(6,798,013) (6,798,013)

1,879,559 0 3,517,022

532,184 0 2,984,838

5,396,581

3,517,022

(Decrease)/increase in Cash and Cash Equivalents during the Year Cash and cash equivalents at beginning of the financial year Cash and cash equivalents at the end of the financial year

The accompanying notes form part of these financial statements Page 5

CATHOLIC MISSION NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 1. STATEMENT OF MATERIAL ACCOUNTING POLICIES: a) Basis of Preparation Catholic Mission, the name under which Pontifical Mission Societies operate, carries on its activities as defined in the Societies' Regulations for Australia 2006. The responsible persons consist of member of the National Council and the names of the members of this body are contained at Note 1(f). In the opinion of the National Council, Catholic Mission is not a reporting entity. The financial report has been drawn up as a special purpose financial report for use by the National Council and to fulfil its duties under the Statute of the Pontifical Mission Societies 2005,the Regulations for Australia 2006 and to satisfy the financial report preparation requirements of the Australian Charities and Not-for-profits Commission Act 2012 . This financial report have been prepared in accordance with the recognition and measurement requirements all all the Australian Accounting Standards and Interpretations issues by the Australian Accounting Standards Board (AASB) except for AASB 9 Financial Instruments. The disclosure requirements of the following standards have been applied: AASB 101 Presentation of Financial Statements AASB 107 Statement of Cash Flows AASB 108 Accounting policies, changes in accounting estimates and errors. AASB 110 Events after the Balance sheet date This financial report is in respect to the activities of the Catholic Mission only and has been prepared on an accrual basis of accounting using the historical cost convention and a going concern assumption. It does not take into account changing money values or, except where specifically stated, current valuations of non-current assets. The following specific accounting policies, which are consistent with the previous period unless otherwise stated, have been adopted in the preparation of these statements. Critical accounting estimates The preparation of the financial statements required the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company's accounting policies. These critical accounting estimates and judgements are disclosed within the relevant notes, specifically Intangible assets (Note 7), Investment property (Note 8), Property, Plant and equipment (Note 10) and Provisions (Note 14). b) Revenue Donations and Bequests Donations and bequests are recognised when deposited to the donation accounts either directly or from transferring all amounts deposited to the accounts of the Diocesan Offices. There is an inherent risk associated with the operating environment of Catholic Mission whereby it relies on the controls and process of external parties to undertake the counting and receipting of cash receipts. The vast majority of cash received by Catholic Mission is collected, counted and banked by local Parish Churches on Catholic Mission’s behalf; Catholic Mission does not handle the cash collected in Parishes and relies on individual Parishes’ internal controls for cash handling; and The Parish cash handling processes are outside the control of Catholic Mission. Therefore it is the responsible persons view that it is impractical to establish controls over the collection of cash receipts from fundraising prior to its entry into the books and records and therefore impacts the assertion of the completeness of revenue collected. Interest and dividends are recognised when received. Income from Immersions and Formation services is recognised at a point in time when there is an enforceable contract outlining specific performance obligations. Payments received in advance, where these obligations are yet to be fulfilled, are recorded as income received in advance in line with the relevant agreements. In cases where service contracts are not enforceable or do not specify clear performance obligations, revenue is recognised when the payment is received

Page 6

CATHOLIC MISSION NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

c) Financial Instruments Initial recognition and measurement Financial assets and financial liabilities are recognised when the entity becomes a party to the contractual provisions to the instrument. For financial assets, this is equivalent to the date that the Catholic Mission - Australia commits itself to either purchase, sell or accept as a bequested assets (ie trade date accounting is adopted). Financial instruments are initially measured at fair value plus transaction costs except where the instrument is classified “at fair value through profit or loss”, in which case transaction costs are recognised in profit or loss immediately. Classification and subsequent measurement Financial assets at fair value through profit or loss Financial assets are classified at “fair value through profit or loss” when they are either held for trading for the purpose of short-term profit taking, derivatives not held for hedging purposes, or when they are designated as such to avoid an accounting mismatch or to enable performance evaluation where a group of financial assets is managed by key management personnel on a fair value basis in accordance with a documented risk management or investment strategy. Such assets are subsequently measured at fair value with changes in carrying value being included in profit or loss.

d) Taxation Catholic Mission is a charity registered with the Australian Charities and Not-for-profits Commission and is exempt from income tax under section 50-5 of the Income Tax Assessment Act 1997 . e) Responsible Persons This consists of the following members; Peter Gates - Chair Person Guadalupe Par-Adriano - Secretary Sharon Messina - Committee Member

f) New, revised or amending Accounting Standards and Interpretations adopted No new, revised or amending accounting standards and interpretations have been adopted during the period.

Page 7

CATHOLIC MISSION NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

2 GOVERNMENT GRANT

Year Ended 31 March 2026

Year Ended 31 March 2025

195,139

33,861

Grants represent funding received from Multicultural NSW under the COMPACT (Community Partnership Action) Program. Catholic Mission has partnered with Multicultural NSW to deliver the COMPACT initiative through its Interfaith Encounters project, as part of its Community Education programs. Grant income is recognised based on the specific performance obligations outlined in the signed agreement between Multicultural NSW and Catholic Mission. 3 TRAVEL EXPENSES Travel expenses - Immersions group participants Travel expenses - Other

905,613 342,930 1,248,543

543,198 327,405 870,603

Immersions-Formation program involves group travel to experience destinations. Expenses incurred related to travelling by participant groups are offset against Immersions corresponding income 4 CASH AND CASH EQUIVALENTS Cash at bank Cash on hand

5,373,288 23,293 5,396,581

3,498,040 18,982 3,517,022

Accounting policy for cash and cash equivalents Cash and cash equivalents include cash on hand, deposits held at-call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts. 5 INVESTMENTS Term deposits Equity Trusts - fair value Listed and other Investments - fair value

8,108,038 4,445,083 3,715,499 16,268,620

7,964,482 4,461,597 2,852,739 15,278,818

Accounting policy for investments Investments include term deposits with original maturities of more than three months and investments held in managed funds. Term deposits are measured at amortised cost. Equity trusts, listed securities and other investments are measured at fair value. Fair value is determined using quoted market prices, published unit prices or net asset values provided by the relevant investment manager at the reporting date. Changes in fair value are recognised in profit or loss

6 TRADE AND OTHER RECEIVABLES Trade debtors GST receivables Other receivables

258,490 38,444 408,914 705,848

273,883 36,045 506,915 816,843

Accounting policy for trade and other receivables Trade receivable and other receivables include amounts due from Catholic Mission's programs and other Diocesan Offices. Goods and Services Tax (GST) Revenues, expenses and assets are recognised net of the amount of GST, except where the amount of GST incurred is not recoverable from the Australian Taxation Office (ATO). 7 INTANGIBLE ASSETS Computer software 926,970 926,970 Less: accumulated amortisation (918,576) (913,998) 8,394 12,972 Intangible assets have a finite useful lives. The current amortisation charges for intangibles assets are included under "depreciation and amortisation expense" per the Statement of Profit & Loss. Computer software is amortised over a 3 year period.

Page 8

CATHOLIC MISSION NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026

8 INVESTMENT PROPERTY Opening fair value Fair value impairment Investment property - closing fair value

Year Ended 31 March 2026

Year Ended 31 March 2025

3,325,000 3,325,000

The carrying value of the Investment Property is held at the valuation assessment of the Council Members and is internally reviewed annually to ensure it is not in excess of the recoverable amount of the investment property. The recoverable amount requires judgement and estimates to be used as the recoverable amount is assessed on the basis of the expected net cash flows that will be received from the investment property. During financial year 31 March 2026, independent third party reassessed the valuation of the investment property, recent sales and income capitalisation approach was used to derive the valuation: income capitalisation using rental income with a market yield at 3.54.% 9 OPERATING LEASE RIGHT-OF-USE ASSET During financial year 31 March 2026 Catholic Mission continued with the 2025 lease agreements for office in Melbourne and North Sydney that gives rise to Right-of-use Asset as per compliance to AASB 16. Melbourne office lease ends JUly 2026, North Sydney lease ends June 2031. Operating Lease Right-of-use Asset Less: Accumulated depreciation

1,643,928 (416,276) 1,227,652 Reconciliations for Operating lease right-of-use asset at the beginning and end of current financial year are set out as below: Balance at 31 March 2025 Additions Amortisation Expense Balance at 31 March 2026

1,643,928 (168,658) 1,475,270

1,475,270 (247,618) 1,227,652

10 PLANT AND EQUIPMENT Furniture & fittings Less: accumulated depreciation

56,857 (39,528) 17,329

50,969 (26,868) 24,101

Lease improvements Less: accumulated depreciation

19,057 (4,991) 14,066

19,057 (2,269) 16,788

Office equipment Less: accumulated depreciation

89,662 (74,495) 15,167

90,233 (61,934) 28,299

Computer equipment Less: accumulated depreciation

301,351 (256,684) 44,667

332,816 (248,477) 84,339

Land and building Less: accumulated depreciation

1,060,000 (51,411) 1,008,589

1,060,000 (37,390) 1,022,610

TOTAL PROPERTY, PLANT AND EQUIPMENT

1,099,818

1,176,137

Movements in Carrying Amount Balance at Beginning of the Year $ Furniture & fittings Lease improvements Office equipment Computer equipment Vehicles Land and building

Additions

Sale/Disposal

Depreciation Expenses

Carrying Amount at the End of the Year $

24,102 16,788 28,299 84,339 1,022,610

5,887 3,267 17,100 -

(81) (4,131) -

(12,660) (2,722) (16,318) (52,641) (14,021)

17,329 14,066 15,167 44,667 1,008,589

1,176,138

26,254

(4,212)

(98,362)

1,099,818

Page 9

CATHOLIC MISSION NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 Accounting policy for Property, Plant and Equipment Land and buildings are recognised and measured at cost less accumulated depreciation on buildings less any impairment losses. Land is not depreciated. Depreciation on other plant and equipment is calculated using the straight line method to allocate their cost over their estimated useful lives as follows; - Furniture & Fittings 5 - 10 - Lease improvements 5 - 15 years - Office equipment 3 - 5 years - Computer equipment 3 - 5 - Vehicles 5 years - Building - 50 years

11 LEASE LIABILITY Lease Liability Current Lease Liability Non-Current

Year Ended 31 March 2026 $

Year Ended 31 March 2025 $

229,135 1,041,071 1,270,206

241,178 1,222,412 1,463,590

Reconciliations for Lease liabilities of the written down values at the beginning anf end of the current financial year are set out as below: Balance at 31 March 2025 1,463,590 Additions Lease interest expense 61,460 Lease repayments (254,844) Balance at 31 March 2026 1,270,206 12 DEFERRED REVENUE Other Deferred Revenue

841,401

1,053,499

Accounting policy for deferred revenue Deferred revenue represents the contract liabilities arising from receipts received for the entity's activities such as immersions, where services are not yet provided at year-end. 13 TRADE AND OTHER PAYABLES Creditors and accruals

785,157

633,028

Accounting policy for trade and other payables The balance is recognised as a current liability with the amounts normally paid within 30 days of recognition of the liability.

14 PROVISIONS Current Provision for annual leave Provision for long service leave Other provisions Non-Current Provision for long service leave

621,502 466,411 48,046 1,135,959

544,676 411,450 36,680 992,806

69,967 69,967

85,504 85,504

Accounting policy for employee entitlements Provision has been made for employee benefits based on current statutory and/or contractual entitlements whichever is greater for all staff employed by the company. All provisions are measured at their nominal amount with those expected to be settled within 12 months being measured using the remuneration rates, including on costs, expected to apply at the time of settlement, while those expected to be settled beyond 12 months, including long service leave, which is provided from the earliest date upon which each employee may become entitled, being measured at the remuneration rates, including on costs, applying at balance date. In determining these provisions it is assumed that at the date of this report future increases in remuneration rates and the relevant discount factors which would be required to be applied to amounts expected to be settled beyond 12 months would be approximately equal with no material impact arising from any difference that may exist between the remuneration rate and the discount factor. Page 10

CATHOLIC MISSION NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 Year Ended 31 March 2026 $ 15 DISTRIBUTABLE FUNDS Fund Balance at Beginning of Year Net Operating Results before Fund Disbursements

Disbursements from Previous Years Income Direct Programs Adhoc Project Disbursements Pontifical Mission Societies Home Mission Fund Managed Funds Programs

Year Ended 31 March 2025 $

10,819,605 15,106,081

(2,852,136) (87,715) (3,834,615) (586,581) (213,188)

Funds Disbursed During Year Current Year's Transfer to Reserves

(7,574,235)

11,760,966 10,531,802

(3,180,832) (20,000) (2,884,904) (300,000) (412,277)

(6,798,013)

(324,148)

664

Community Education Diocesan Support Program Support

(2,419,693) (1,672,689) (986,762)

(1,771,881) (1,862,665) (1,041,268)

Closing Balance

(5,079,144) 12,948,159

(4,675,814) 10,819,605

Breakdown of Distributable Funds by Works Work with church leaders (including St Peter Apostle) Work with children (including Children's Mission) Work with communities (including Propogation of the Faith) Managed Funds

4,488,235 7,022,901 1,351,834 85,189 12,948,159 -

2,906,970 6,616,887 1,255,698 40,050 10,819,605 -

Net Operating Results

15,106,081

10,531,802

Community Education Diocesan Support Program Support

(2,419,693) (1,672,689) (986,762)

(1,771,881) (1,862,665) (1,041,268)

Total Comprehensive Income

10,026,937 -

5,855,988 -

Reconciliation of Net Operating Results to Total Comprehensive Income

Page 11

CATHOLIC MISSION NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 St Peter Apostle Burse Fund

Education and Formation Reserve

Other

Total

Year Ended 31 March 2026

Year Ended 31 March 2025

Year Ended 31 March 2026

Year Ended 31 March 2025

Year Ended 31 March 2026

Year Ended 31 March 2025

Year Ended 31 March 2026

Year Ended 31 March 2025

10,650,286

11,104,402

11,105,066

16 OTHER RESERVES Balance at Beginning of Year

425,066

425,790

29,050

28,990

10,650,286

335,999

Less / Add: Adjustment for Increases / (decrease) in Holding Value at the end of the Year

(11,851)

(724)

(11,851)

(664)

Net Change in the Year

(11,851)

(724)

335,999

324,148

(664)

Balance at End of Year

413,215

425,066

29,050

10,986,285

11,428,550

11,104,402

Portion of Current Year Bequest Donations transferred to / (withdrawn) from Reserve Fund:

29,050

10,650,286

Reserve Funds Bursaries received are initially brought to account as income and then transferred to the reserve funds. The principal is not available for distribution, however income that accrues on the principal is available for distribution from the reserve funds. The movements in the reserve funds are made on the following basis; Education and Formation Reserve - The fund will be used for the purpose of expanding the mission formation and education program as promised to the Sisters of Mercy. St Peter Apostle Burse Fund - Investment income earned on the Burses is included in the interest income of the St Peter Apostle Society. Other Funds - These are reserve funds which are received in the form of donations from time to time and held as reserves until a point at which they are to be released for distribution.

Page 12

CATHOLIC MISSION NOTES TO AND FORMING PART OF THE FINANCIAL REPORT FOR THE YEAR ENDED 31 MARCH 2026 Year Ended 31 March 2026 $

17 CASH FLOW INFORMATION Reconciliation of Net Cash from Operating Activities Surplus for the year Interests and dividends received Adjustments of net operating results to net cash from operating activities: Depreciation Gain/Loss Disposal of FA

Year Ended 31 March 2025 $

10,026,937 (805,384)

5,855,988 (941,612)

350,561 1,214

261,893 7,509

(Increase) / Decrease in investments excluding Term Deposits (Increase) / Decrease in receivables and other assets Increase / (Decrease) in payables and lease liability Increase / (Decrease) in provisions

(846,246) 213,878 (253,353) 127,616

(296,921) (234,354) 667,514 42,628

Net Cash from Operating Activities

8,815,223 0

5,362,645 0

18 AUDITORS REMUNERATION During the year the following fees were paid or payable for services provided by the auditor: - Audit of the financial and project acquittal reports - Other services

69,043 69,043

66,360 66,360

503,930 59,697 190,781 754,408

226,032 40,703 77,730 344,465

19 KEY MANAGEMENT PERSONNEL Compensation for key management personnel Salaries paid Other long term benefits Other short term benefits Total compensation to key management personnel 20 CONTINGENT LIABILITY There are no material contingent liabilities that require disclosure. 21 COMMITMENTS There are no material commitments that require disclosure. 22 SUBSEQUENT EVENTS There have been no events since 31 March 2026 that may significantly affect Catholic Mission's operations, the results of those operationsor the state of affairs in future financial years.

Page 13

Tel: +61 2 9251 4100 Fax: +61 2 9240 9821 www.bdo.com.au

Parkline Place Level 25, 252 Pitt Street Sydney NSW 2000 Australia

DECLARATION OF INDEPENDENCE BY LEAH RUSSELL TO THE DIRECTORS OF CATHOLIC MISSION

I declare that, to the best of my knowledge and belief, there have been no contraventions of any applicable code of professional conduct in relation to the audit of Catholic Mission for the year ended 31 March 2026.

Leah Russell Director

BDO Audit Pty Ltd Sydney 27 October 2026

BDO Audit Pty Ltd ABN 33 134 022 870 is a member of a national association of independent entities which are all members of BDO International Ltd, a UK company limited by guarantee, and form part of the international BDO network of independent member firms. Liability limited by a scheme approved under Professional Standards Legislation.

Tel: +61 2 9251 4100 Fax: +61 2 9240 9821 www.bdo.com.au

Parkline Place Level 25, 252 Pitt Street Sydney NSW 2000 Australia

INDEPENDENT AUDITOR'S REPORT To the members of Catholic Mission

Report on the Audit of the Financial Report Qualified opinion We have audited the financial report of Catholic Mission (the registered entity), which comprises the statement of financial position as at 31 March 2026, the statement of profit or loss and other comprehensive income, the statement of changes in equity and the statement of cash flows for the year then ended, and notes to the financial report, including material accounting policy information, and the responsible entities’ declaration. In our opinion, except for the effects of the matter described in the Basis for qualified opinion section of our report, the accompanying financial report of Catholic Mission, is in accordance with Division 60 of the Australian Charities and Not-for-profits Commission Act 2012, including: (i)

Giving a true and fair view of the registered entity’s financial position as at 31 March 2026 and of its financial performance for the year then ended; and

(ii)

Complying with Australian Accounting Standards to the extent described in Note 1 and Division 60 of the Australian Charities and Not-for-profits Commission Regulations 2022.

Basis for qualified opinion Donations are a significant source of fundraising revenue for the registered entity. The registered entity has determined that it is impracticable to establish control over the collection of donations prior to entry into its financial records. Accordingly, as the evidence available to us regarding fundraising revenue from this source was limited, our audit procedures with respect to donations had to be restricted to the amounts recorded in the financial records amounting to $13.5M. We therefore are unable to express an opinion whether donations the registered entity recorded are complete. We conducted our audit in accordance with Australian Auditing Standards. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the Financial Report section of our report. We are independent of the registered entity in accordance with the auditor independence requirements of the Australian Charities and Not-for-profits Commission Act 2012 (ACNC Act) and the ethical requirements of the Accounting Professional and Ethical Standards Board’s APES 110 Code of Ethics for Professional Accountants (including Independence Standards) (the Code) that are relevant to our audit of the financial report in Australia. We have also fulfilled our other ethical responsibilities in accordance with the Code.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified opinion. Emphasis of matter – Basis of accounting We draw attention to Note 1 to the financial report, which describes the basis of accounting. The financial report has been prepared for the purpose of fulfilling the Registered Entity’s financial reporting responsibilities under the ACNC Act. As a result, the financial report may not be suitable for another purpose. Our opinion is not modified in respect of this matter. Responsibilities of responsible entities for the Financial Report The responsible entities of the registered entity are responsible for the preparation of the financial report that gives a true and fair view and have determined that the basis of preparation described in Note 1 to the financial report is appropriate to meet the requirements of the ACNC Act, the reporting requirements under the Statue of the Pontifical Mission Societies 2005 and the Regulations for Australia 2006 . The responsible entities’ responsibility also includes such internal control as the responsible entities determine is necessary to enable the preparation of a financial report that gives a true and fair view and is free from material misstatement, whether due to fraud or error. In preparing the financial report, the responsible entities are responsible for assessing the registered entity’s ability to continue as a going concern, disclosing, as applicable, matters relating to going concern and using the going concern basis of accounting unless the responsible entities either intend to liquidate the registered entity or to cease operations, or have no realistic alternative but to do so. Auditor’s responsibilities for the audit of the Financial Report Our objectives are to obtain reasonable assurance about whether the financial report as a whole is free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Australian Auditing Standards will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of this financial report. A further description of our responsibilities for the audit of the financial report is located at the Auditing and Assurance Standards Board website (http://www.auasb.gov.au/Home.aspx) at: http://www.auasb.gov.au/auditors_responsibilities/ar4.pdf This description forms part of our auditor’s report. BDO Audit Pty Ltd

Leah Russell Director Sydney 28 October 2026