Principal activities of the company

The Company was incorporated in Scotland on 30 March 2016 under the Companies Act 2006 (“Company Act”) with a registered number SC531051. The principal activity of the Company is to act as the General Partner of DNC - GVC IV GP LLP, a Scottish limited liability partnership.

Additional information

Directors’ report The Directors present their report and financial statements of DN Capital Second Member Limited (the “Company”), for the year ended 31 December 2024. Incorporation and principal activities The Company was incorporated in Scotland on 30 March 2016 under the Companies Act 2006 (“Company Act”) with a registered number SC531051. The principal activity of the Company is to act as the General Partner of DNC - GVC IV GP LLP, a Scottish limited liability partnership. Directors The Directors who served during the year were Nenad Marovac and Steve Schlenker, both of whom were appointed on 30 March 2016. There were no changes in the directors during the year. Going concern The Directors have reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and as a result the financial statements have been prepared on a going concern basis. Statement of Directors’ responsibilities The Directors are responsible for preparing the financial statements in accordance with applicable law and regulations. Company Law requires the Directors to prepare financial statements for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102, ‘‘The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland", Section 1A small entities ("FRS 102"). Under Company Law, the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. In preparing these financial statements, the Directors are required to: select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable United Kingdom Accounting Standards, including FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business. DIRECTORS' REPORT The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud, error and non-compliance with law and regulations. The Directors confirm that they have complied with the above requirements. For the year ended 31 December 2024, the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The Directors have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476. The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. Results and dividends The loss after tax for the year was £14,786 (2023: a profit of £1,317). The Directors have not authorised the payment of a dividend for the year ended 31 December 2024.

This report was approved by the board of directors on 18 September 2025
and signed on behalf of the board by:

Name: Steve Schlenker
Status: Director