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Exhibit
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Description
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TRINITY BIOTECH PLC
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Trinity Biotech plc
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(Registrant)
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By:
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/s/ Paul Murphy
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Paul Murphy
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Interim Chief Financial Officer
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Contact:
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Trinity Biotech plc
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RedChip Companies Inc
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Paul Murphy
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David Gentry
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(353)-1-2769800
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(1)-407-644-4256
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E-mail: investorrelations@trinitybiotech.com
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E-mail: TRIB@redchip.com
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Revenues for Q3 2025 increased by 32% to $14.3m compared to $10.8m in Q2 2025, primarily due to:
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A strong increase of $2.1m in rapid HIV test sales to $3.6m in Q3 2025, driven by renewed UniGold™ HIV rapid test demand and the resumption of TrinScreen HIV sales under the new manufacturing model; and
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A significant rise in haemoglobin product sales, rising to $5.7m compared to $4.0m in Q2 2025.
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Gross profit for Q3 2025 was $6.5m compared to $4.6m in Q2 2025 driven by higher sales and an increase in gross margin from 42.6% to 45.2% supported by changes to the Company’s operating structure under its Comprehensive Transformation
Plan.
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Adjusted EBITDA¹ of $0.5 million for Q3 2025 compared to negative $2.1m for Q2 2025.
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The Company has issued full presentations of its Q2 2025 and Q3 2025 results which can be viewed on the Company’s website www.trinitybiotech.com/investor-relations/financial-reports.
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The Company continues to make substantial progress in its Comprehensive Transformation Plan, having recently secured several critical regulatory approvals, including WHO authorization for outsourcing and offshoring the production of its
Uni-Gold™ HIV rapid test.
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The receipt of these regulatory approvals allows the Company to proceed with the final core components of its Comprehensive Transformation Plan. These initiatives will be prioritised during the fourth quarter of 2025 and the first quarter
of 2026, with the objective of realising additional efficiencies and further enhancing EBITDA performance.
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Consequently, the Company expects an increase in Adjusted EBITDA1 throughout the first and second quarters of 2026 as it achieves these important operational restructuring milestones within its Comprehensive Transformation Plan.
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The Company remains committed to pursuing immediate growth opportunities that are both profitable and supported by its streamlined, more adaptable operating base. This includes ongoing expansion into international markets with its latest
product offerings:
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An enhanced HbA1c testing solution for diabetes care;
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Extending the availability of its TrinScreen HIV tests to new countries.
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The Company is also advancing the commercialisation of its key strategic growth projects currently in development, including:
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Its next-generation continuous glucose monitor, CGM+;
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EpiCapture, the company’s PCR-based epigenetic liquid biopsy test for monitoring the risk of prostate cancer progressing to more aggressive forms of the disease, and
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PrePsia™, an innovative early pregnancy screening test designed to assess the risk of preeclampsia—a potentially life-threatening condition for both mother and baby.
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