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REGISTERED NUMBER: 03107963 (England and Wales)

| Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| MasterControl Global Limited |

| MasterControl Global Limited (Registered number: 03107963) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| MasterControl Global Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | R Beckstrand

| J Beckstrand

| M N Newman

| REGISTERED OFFICE: | 2nd Floor

| North Wing Matrix House

| Basing View

| Basingstoke

| Hampsire

| RG21 4DZ

| REGISTERED NUMBER: | 03107963 (England and Wales)

| AUDITORS: | WP Audit Services LLP

| Chancery House

| 30 St Johns Road

| Woking

| Surrey

| GU21 7SA

| MasterControl Global Limited (Registered number: 03107963) |

Statement of Financial Position

31 December 2025

| 31/12/25 |  | 31/12/24

| Notes | £ | £ |

FIXED ASSETS

Owned

| Property, plant and equipment | 5 | 73,212 |  | 8,412 |  |

Right-of-use

| Property, plant and equipment | 5, 9 | 349,048 |  | - |  |

422,260 |  | 8,412 |  |

CURRENT ASSETS

Debtors | 6 | 3,443,614 |  | 2,874,694 |  |

Cash at bank and in hand | 280,909 |  | 776,836 |  |

3,724,523 |  | 3,651,530 |  |

CREDITORS

Amounts falling due within one year | 7 | (713,622 | ) | (608,600 | ) |

NET CURRENT ASSETS | 3,010,901 |  | 3,042,930 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,433,161 |  | 3,051,342 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (17,533 | ) | - |  |

PROVISIONS FOR LIABILITIES | 10 | (18,139 | ) | (2,428 | ) |

NET ASSETS | 3,397,489 |  | 3,048,914 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 3,397,389 |  | 3,048,814 |  |

SHAREHOLDERS' FUNDS | 3,397,489 |  | 3,048,914 |  |

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2026 and were signed on its behalf by:

M N Newman - Director

| MasterControl Global Limited (Registered number: 03107963) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| MasterControl Global Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Smaller Entities" and the Companies Act 2006.

| The company has chosen to early adopt Amendments to FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and other FRSs - Periodic Review 2024.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Going concern

| The directors have assessed the company's ability to continue as a going concern and believe it is appropriate to adopt the going concern basis of accounting. This assessment covers a period of at least 12 months from the approval date and considers available information, including cash flow forecasts, to conclude the business will continue operating.

| Turnover

| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost or valuation of each asset to its estimated residual value on a straight line basis over its expected useful life, as follows:-

| Short leasehold - over 5 years

| Fixtures and fittings - over 7 years

| Computer equipment - over 3 years

| Residual value is calculated on prices prevailing at the reporting date, after estimated costs of disposal, for the asset as if it were at the age and in the condition expected at the end of its useful life.

| Impairment of fixed assets

| Fixed assets are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable or as otherwise required by relevant accounting standards.

| Shortfalls between the carrying value of fixed assets and their recoverable amounts, being the higher of net realisable value and value-in-use, are recognised as impairments. Impairment losses are recognised in the profit and loss account.

| MasterControl Global Limited (Registered number: 03107963) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Foreign currencies

| Transactions in currencies other than the functional currency (foreign currencies) are initially recorded at the exchange rate prevailing on the date of the transaction.

| Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the reporting date. Non-monetary assets and liabilities denominated in foreign currencies are translated at the rate ruling at the date of the transaction or, if the asset or liability is measured at fair value, the rate when that fair value was determined.

| All translation differences are taken to profit or loss, except to the extent that they relate to gains or losses on non-monetary items recognised in other comprehensive income.

| Leases

| Leases are recognised as finance leases. The lease liability is initially recognised at the present value of the lease payments which have not yet been made and subsequently measured under the amortised cost method. The initial cost of the right-of-use asset comprises the amount of the initial measurement of the lease liability, lease payments made prior to the lease commencement date, initial direct costs and the estimated costs of removing or dismantling the underlying asset per the conditions of the contract.

| Where ownership of the right-of-use asset transfers to the lessee at the end of the lease term, the right-of-use asset is depreciated over the asset’s remaining useful life. If ownership of the right-of-use asset does not transfer to the lessee at the end of the lease term, depreciation is charged over the shorter of the useful life of the right-of-use asset and the lease term.

| MasterControl Global Limited (Registered number: 03107963) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| For defined contribution schemes the amount charged to the profit and loss account in respect of pension costs and other post retirement benefits is the contributions payable in the year. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

| Employee benefits

| The costs of short-term employee benefits are recognised as a liability and an expense in the period in which these are incurred.

| Where employees have unused holiday at the balance sheet date to carry forward into the next period, the cost of this holiday pay is accrued for in the balance sheet and charged to the profit or loss in the period to which the holiday entitlement relates.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 68 (2024 - 68 ) .

5. | PROPERTY, PLANT AND EQUIPMENT

| Fixtures |

| Short |  | and |  | Computer |

| leasehold |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ |

| Cost

| At 1 January 2025 | 184,572 |  | 40,415 |  | 191,320 |  | 416,307 |  |

| Additions | 574,439 |  | - |  | 103,676 |  | 678,115 |  |

| Disposals | - |  | - |  | (49,230 | ) | (49,230 | ) |

| At 31 December 2025 | 759,011 |  | 40,415 |  | 245,766 |  | 1,045,192 |  |

| Depreciation

| At 1 January 2025 | 184,572 |  | 36,167 |  | 187,156 |  | 407,895 |  |

| Charge for year | 225,391 |  | 3,034 |  | 35,842 |  | 264,267 |  |

| Eliminated on disposal | - |  | - |  | (49,230 | ) | (49,230 | ) |

| At 31 December 2025 | 409,963 |  | 39,201 |  | 173,768 |  | 622,932 |  |

| Net book value

| At 31 December 2025 | 349,048 |  | 1,214 |  | 71,998 |  | 422,260 |  |

| At 31 December 2024 | - |  | 4,248 |  | 4,164 |  | 8,412 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/25 |  | 31/12/24

£ | £ |

| Amounts owed by group undertakings | 3,164,246 |  | 2,518,151 |  |

| Other debtors | 140,395 |  | 135,917 |  |

| VAT | 31,761 |  | 40,873 |  |

| Prepayments and accrued income | 107,212 |  | 179,753 |  |

3,443,614 |  | 2,874,694 |  |

| MasterControl Global Limited (Registered number: 03107963) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/25 |  | 31/12/24

£ | £ |

| Leases (see note 9) | 250,772 |  | - |  |

| Trade creditors | 60,782 |  | 67,818 |  |

| Tax | 36,258 |  | 53,489 |  |

| Social security and other taxes | 32,077 |  | 14,249 |  |

| Accrued expenses | 333,733 |  | 473,044 |  |

713,622 |  | 608,600 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31/12/25 |  | 31/12/24

£ | £ |

| Leases (see note 9) | 17,533 |  | - |  |

9. | LEASING

| Right-of-use assets

| Tangible fixed assets

| 31/12/25 |  | 31/12/24

£ | £ |

| Cost

| Additions | 574,439 |  | - |  |

| Depreciation

| Charge for year | 225,391 |  | - |  |

| Net book value | 349,048 |  | - |  |

| MasterControl Global Limited (Registered number: 03107963) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

9. | LEASING - continued

| Lease liabilities

| Minimum lease payments fall due as follows:

| 31/12/25 |  | 31/12/24

£ | £ |

| Gross obligations repayable:

| Within one year | 266,823 |  | - |  |

| Between one and five years | 18,710 |  | - |  |

285,533 |  | - |  |

| Finance charges repayable:

| Within one year | 16,051 |  | - |  |

| Between one and five years | 1,177 |  | - |  |

17,228 |  | - |  |

| Net obligations repayable:

| Within one year | 250,772 |  | - |  |

| Between one and five years | 17,533 |  | - |  |

268,305 |  | - |  |

10. | PROVISIONS FOR LIABILITIES

| 31/12/25 |  | 31/12/24

£ | £ |

| Deferred tax | 18,139 |  | 2,428 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2025 | 2,428 |  |

| Provided during year | 15,711 |  |

| Balance at 31 December 2025 | 18,139 |  |

| The deferred tax provision relates principally to accelerated capital allowances. The timing of the reversal of the provision is uncertain due to the offset of excess depreciation of existing assets and accelerated capital allowances being claimed on future purchases.

| Deferred tax has been recognised at a rate of 25%.

11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Stuart Wright (Senior Statutory Auditor)

| for and on behalf of WP Audit Services LLP

| MasterControl Global Limited (Registered number: 03107963) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

12. | ULTIMATE CONTROLLING PARTY

| The company is a subsidiary of MasterControl Solutions, Inc., a company registered in the state of Delaware in the United States of America. The company's principal place of business address is 6350 South 3000 East, Salt Lake City, Utah 84121.

| The company is ultimately controlled by its board of directors.