Robin Energy Ltd.

INDEX TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited Condensed Consolidated Balance Sheets as of December 31, 2025 and June 30, 2026

Unaudited Interim Condensed Consolidated Statements of Comprehensive Income for the six months ended June 30, 2025 and 2026

Unaudited Condensed Consolidated Statements of Shareholders' Equity and Mezzanine Equity for the six months ended June 30, 2025 and 2026

Unaudited Interim Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2025 and 2026

Notes to Unaudited Interim Condensed Consolidated Financial Statements

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(Expressed in U.S. Dollars - except for share data)

Prepaid expenses and other assets, non current

LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS' EQUITY

1.00 % Series A fixed rate cumulative perpetual convertible preferred shares: 2,000,000 shares issued and outstanding as of December 31, 2025, and June 30, 2026, respectively, aggregate liquidation preference of $ 50,000,000 as of December 31, 2025 and June 30, 2026, respectively

Common shares, $ 0.001 par value; 3,900,000,000 shares authorized; 187,049 and 582,524 shares issued; 184,991 shares (net of 2,058 treasury shares) and 582,524 outstanding as of December 31, 2025, and June 30, 2026, respectively

Preferred shares, $ 0.001 par value: 100,000,000 shares authorized; Series B preferred shares: 40,000 shares issued and outstanding as of December 31, 2025 and June 30, 2026, respectively

Treasury shares; 2,058 and 0 shares as of December 31, 2025 and June 30, 2026, respectively

Total liabilities, mezzanine equity and shareholders' equity

The accompanying notes are an integral part of these unaudited interim condensed consolidated financial statements.

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the six months ended June 30, 2025 and 2026

(Expressed in U.S. Dollars - except for share data)

Voyage expenses (including $ 116,068 and $ 245,934 to related party for the six months ended June 30, 2025, and 2026, respectively)

General and administrative expenses (including $ 222,185 and $ 410,480 to related party for the six months ended June 30, 2025, and 2026, respectively)

Gain on sale of vessel (including $ 0 and $ 128,000 sale and purchase commissions to related party for

the six months ended June 30, 2025, and 2026, respectively)

Change in fair value of crypto assets-Bitcoin

Net income attributable to common shareholders

Weighted average number of common shares, Basic

Weighted average number of common shares, Diluted

The accompanying notes are an integral part of these unaudited interim condensed consolidated financial statements.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY AND MEZZANINE EQUITY

For the six months ended June 30, 2025 and 2026

(Expressed in U.S. Dollars - except for share data)

Net increase in Former Parent Company Investment

Cancellation of common shares due to Spin-Off

Capitalization at Spin-Off, including Issuance of capital and preferred stock, net of costs

Issuance of common shares pursuant to registered equity offerings

Issuance of common shares pursuant to ATM (Note 6)

Repurchase of common shares pursuant to self-Tender offer (Note 6)

Cancellation of common shares pursuant to share repurchase program

The accompanying notes are an integral part of these unaudited interim condensed consolidated financial statements.

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS