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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Vested EMEA Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Acre House, 11-15 William Road, London, United Kingdom, NW1 3ER.

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 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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.

At the time of approving the financial statements, the directors have considered the entity's own resources and trading activity, as well as there being some reliance on its parent company in order to continue trading. The parent company has sufficient cash resources and have confirmed that it will continue to support the entity for at least 12 months from the date of approval of the financial statements. Accordingly, at 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 based on the continued support from its parent company.true

Turnover from external services is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

Other forms of turnover include turnover which is generated through recharging costs to its parent company and is recognised as the services are provided.

Turnover represents the invoiced value of services provided net of VAT.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:

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 includes debtors, cash and bank balances, and loans from fellow group companies, 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.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities, which includes creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The costs of short-term employee benefits are recognised as a liability and an expense..

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

The company and its parent company have implemented a cash-settled Equity Participation Plan for the purchase of their Phantom Stock. The incentive scheme commits each company to pay certain employees a cash amount equal to the value of the shares in the event of merger or consolidation of the company with or into another entity, or any reorganisation, recapitalisation or like transaction or series of related transactions having substantially equivalent effect or purpose (exit event). Each Participant shall be paid their percentage of the net sale proceeds when they are made to the entity or its parent company subject to the condition that, at the time of such payment, they are a full-time employee of the company or the company's successor. The parent company has the right to settle the Participant's percentage of the net sale proceeds in securities or non-cash consideration if the consideration is made in this form. The right to continue as a member of the scheme is forfeited with the termination of the individuals' employment. The likelihood of the vesting and realisation conditions will be considered regarding the accounting treatment.

Rentals payable under operating leases, including any lease incentives received, are charged to expense on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease asset are consumed.

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

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

Regarding the parent company, at the year-end a total of 1.4 share options were outstanding (0.6 granted from prior years, 0.9 granted in the current period and 0.1 share options were cancelled in the period). At the year-end, there were 5 individuals who were members of the options scheme (2023 - 6), with no new members joining during the period. As per FRS102, no liability or expense has been recognised in relation to this scheme at the year-end, as management cannot determine the existence of an exit event as probable.

Regarding the company, at the year-end a total of 13.1 share options were outstanding (8.7 granted from prior years, 4.5 granted in the current period and 0.1 share options were cancelled in the period). At the year-end, there were 8 individuals who were members of the options scheme (2023: 9). There were no new members joining the scheme, but one individual forfeited their options due to the termination of their contract. In accordance with FRS102, no liability or expense has been recognised for this scheme at the year-end, as management is unable to determine that an exit event is probable.

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 December 2024 and of its profit for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

The company is a wholly owned subsidiary of Vested European Ventures Limited, a company incorporated in the United Kingdom. Its registered address is Acre House, 11/15 William Road, London, United Kingdom, NW1 3ER.

Its ultimate parent company is Vested, LLC whose registered address is 114 East 25th Street, New York, New York 10010, United States. Vested, LLC is the largest and smallest group within which the subsidiary belongs and for which group financial statements are prepared. Group financial statements are not publicly available.