The directors present their annual report and financial statements for the year ended 31 December 2024.

The company's principal activity continued to be that of a nominee.

During the year the company did not trade, nor has it had any significant accounting transactions within the meaning of Section 386 of the Companies Act 2006 at any time since incorporation and therefore its position at the end of the year was unchanged from that shown in the previous financial statements.

The costs of preparing and filing the company's annual compliance statement, financial statements and other compliance documentation are paid by an associated company.

As the company was dormant throughout the year there are no results to report.

The company has no reserves from which dividends can be paid.

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

The company is expected to remain dormant for the foreseeable future.

As the company has not consumed more than 40,000 kWh of energy in this reporting period, it qualifies as a low energy user under these regulations and is not required to report on its emissions, energy consumption or energy efficiency activities.

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Triton Nominee 2 Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Broadgate, London, EC2M 2QS.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

The company has not traded during the year or the preceding financial period. During this time the company received no income and incurred no expenditure and therefore no Profit and loss account is presented in these financial statements.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

The average monthly number of persons (including directors) employed by the company during the year was:

At the balance sheet date various charges remained registered against the company by the lender of Triton Property Fund LP, relating to properties that the company jointly holds legal title to as nominee for that LP.

The immediate parent undertaking is Triton Holdco Limited, a company registered in England & Wales. The Group into which the company is consolidated and the ultimate parent undertaking and controlling party is UBS Group AG, a company incorporated in Switzerland.

The latter is the largest group company preparing consolidated financial statements which includes the company's financial statements, copies of which can be obtained from the Company Secretary at UBS AG London Branch, 5 Broadgate, London EC2M 2QS or can be downloaded from:

https://www.ubs.com/global/en/investor-relations/financial-information/annual-reporting.html.