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REGISTERED NUMBER: 02292447 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST DECEMBER 2025 |

| FOR |

| I G M ROBOTIC SYSTEMS LIMITED |

I G M ROBOTIC SYSTEMS LIMITED (REGISTERED NUMBER: 02292447) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| I G M ROBOTIC SYSTEMS LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST DECEMBER 2025

| DIRECTORS: | W Jones

| M Merstallinger

| SECRETARY: | Mrs S Westley

| REGISTERED OFFICE: | Units 104 & 105 Anglesey Business Park

| Littleworth Road

| Hednesford

| Staffordshire

| WS12 1NR

| REGISTERED NUMBER: | 02292447 (England and Wales)

| ACCOUNTANTS: | Howards Limited

| Chartered Certified Accountants

| Newport House

| Newport Road

| Stafford

| Staffordshire

| ST16 1DA

I G M ROBOTIC SYSTEMS LIMITED (REGISTERED NUMBER: 02292447) |

STATEMENT OF FINANCIAL POSITION

31ST DECEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 203,122 |  | 211,442 |  |

CURRENT ASSETS

Stocks | 6 | 371,428 |  | 96,525 |  |

Debtors | 7 | 479,338 |  | 241,385 |  |

Prepayments and accrued income | 39,485 |  | 29,037 |  |

Cash at bank | 2,714,734 |  | 2,345,791 |  |

3,604,985 |  | 2,712,738 |  |

CREDITORS

Amounts falling due within one year | 8 | 328,845 |  | 90,891 |  |

NET CURRENT ASSETS | 3,276,140 |  | 2,621,847 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,479,262 |  | 2,833,289 |  |

PROVISIONS FOR LIABILITIES | (27,839 | ) | (161,524 | ) |

ACCRUALS AND DEFERRED INCOME | (529,773 | ) | (55,898 | ) |

NET ASSETS | 2,921,650 |  | 2,615,867 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,053,909 |  | 1,053,909 |  |

Retained earnings | 1,867,741 |  | 1,561,958 |  |

SHAREHOLDERS' FUNDS | 2,921,650 |  | 2,615,867 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

I G M ROBOTIC SYSTEMS LIMITED (REGISTERED NUMBER: 02292447) |

STATEMENT OF FINANCIAL POSITION - continued

31ST DECEMBER 2025

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th May 2026 and were signed on its behalf by:

M Merstallinger - Director

W Jones - Director

I G M ROBOTIC SYSTEMS LIMITED (REGISTERED NUMBER: 02292447) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

1. | STATUTORY INFORMATION

| I G M Robotic Systems Limited is a private limited company, limited by shares, registered in England and Wales. The company's registered number is 02292447 and the registered office address is Units 104 & 105 Anglesey Business Park, Littleworth Road, Hednesford, Staffordshire, WS12 1NR.

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 "Small Entities" and the Companies Act 2006.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared on the going concern basis and under the historical cost convention.

| Functional currency

| The financial statements are prepared in sterling (£). The functional currency of the company is sterling (£).

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Significant judgements and estimates

| In determining and applying accounting policies, judgement is often required in respect of items where the choice of specific policy, accounting estimate or assumption to be followed could materially affect the reported results or net asset position of the company. It may later be determined that a different choice would have been more appropriate. Management considers that certain accounting estimates and assumptions relating to revenue, taxation, tangible fixed assets, provisions and accruals are its critical accounting policies.

| Key sources of estimation uncertainty

| Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as described below.

| As described in the accounting policies of the financial statements, depreciation of intangible and tangible fixed assets has been based on estimated useful lives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take in to account actual asset lives and residual values as evidenced by disposals during current and prior accounting periods.

| Turnover

| Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

| Turnover related to recharges to group companies or other sundry income is recognised when the service has been delivered.

| Turnover from the sale of robotic systems or commission income related to such sales is recognised when the robotic systems have been physically delivered to the customer and installed. Amounts billed in advance are held as payments on account.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Improvements to property | - | 20% on cost

| Plant and machinery | - | 33% on reducing balance

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 33% on cost

| Tangible assets are reviewed for impairment if events or changes in circumstances indicate that the carrying amount may not be recoverable. Any impairment in value is charged to the income statement in the period in which it occurs.

I G M ROBOTIC SYSTEMS LIMITED (REGISTERED NUMBER: 02292447) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2025

3. | ACCOUNTING POLICIES - continued

| Stocks

| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Trade receivables

| Trade receivables are initially recognised at fair value and are subsequently measured at amortised cost less any provision for bad and doubtful debts.

| Cash and cash equivalents

| Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

| For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

| Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

I G M ROBOTIC SYSTEMS LIMITED (REGISTERED NUMBER: 02292447) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2025

3. | ACCOUNTING POLICIES - continued

| Leased assets

| Where assets are financed by leasing agreements which give rights approximating to ownership, the assets are treated as if they had been purchased outright. The amount capitalised is the lower of the fair value or the present value of the minimum lease payments during the lease term at the inception of the lease. The assets are depreciated over the shorter of the lease term or their useful life. Obligations relating to finance leases, net of finance charges in respect of future periods, are included, as appropriate, under borrowings due within or after one year. The finance charge element of rentals is charged to finance costs in the income statement over the lease term.

| All other leases are operating leases and the rental payments are generally charged to the income statement in the period to which the payments relate, except for those leases which incorporate fixed minimum rental uplift clauses.

| Leases which contain fixed minimum rental uplifts are charged to the income statement on a straight line basis over the lease term.

| Incentives received or paid to enter into lease agreements are released to the income statement on a straight line basis over the lease term.

| 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.

| Employee benefits

| The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

| The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

| Termination benefits are recognised immediately as an expense when the, company is demonstrably committed to terminate the employment of an employee or to provide termination 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.

| Impairment of non-financial assets

| At each reporting date non-financial assets not carried at fair value, like goodwill and tangible fixed assets, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets, which is the higher of value in use and the fair value less cost to sell, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in profit or loss.

| Inventories are also assessed for impairment at each reporting date. The carrying amount of each item of inventory, or group of similar items, is compared with its selling price less costs to complete and sell. If an item of inventory or group of similar items is impaired, its carrying amount is reduced to selling price less costs to complete and sell, and an impairment loss is recognised immediately in profit or loss.

| If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset or group of related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or loss.

| Classification of financial liabilities

| 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 group after deducting all of its liabilities. Trade payables 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 payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

I G M ROBOTIC SYSTEMS LIMITED (REGISTERED NUMBER: 02292447) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2025

3. | ACCOUNTING POLICIES - continued

| Provisions

| Provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

| Future developments

| There are none to report.

| Going concern

| At the time of approving the financial statements, the directors have a reasonable expectation that the group 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 directors of the group have reported a profit for the period. The group continues to be cash generative and continues to meet its obligations as they fall due.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 16 (2024 - 17 ) .

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| to |  | Plant and |  | and |  | Motor |

| property |  | machinery |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1st January 2025 | 25,127 |  | 158,865 |  | 61,884 |  | 257,120 |  | 502,996 |  |

| Additions | - |  | 10,530 |  | 2,185 |  | 111,632 |  | 124,347 |  |

| Disposals | - |  | - |  | - |  | (126,250 | ) | (126,250 | ) |

| At 31st December 2025 | 25,127 |  | 169,395 |  | 64,069 |  | 242,502 |  | 501,093 |  |

| DEPRECIATION

| At 1st January 2025 | 5,260 |  | 118,569 |  | 47,082 |  | 120,643 |  | 291,554 |  |

| Charge for year | 3,590 |  | 15,473 |  | 5,469 |  | 57,281 |  | 81,813 |  |

| Eliminated on disposal | - |  | - |  | - |  | (75,396 | ) | (75,396 | ) |

| At 31st December 2025 | 8,850 |  | 134,042 |  | 52,551 |  | 102,528 |  | 297,971 |  |

| NET BOOK VALUE

| At 31st December 2025 | 16,277 |  | 35,353 |  | 11,518 |  | 139,974 |  | 203,122 |  |

| At 31st December 2024 | 19,867 |  | 40,296 |  | 14,802 |  | 136,477 |  | 211,442 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 79,715 |  | 96,525 |  |

| Work-in-progress | 291,713 |  | - |  |

371,428 |  | 96,525 |  |

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

2025 | 2024 |

£ | £ |

| Trade debtors | 360,539 |  | 104,390 |  |

| Amounts owed by group undertakings | 44,571 |  | 136,995 |  |

| Other debtors | 74,228 |  | - |  |

479,338 |  | 241,385 |  |

I G M ROBOTIC SYSTEMS LIMITED (REGISTERED NUMBER: 02292447) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST DECEMBER 2025

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

2025 | 2024 |

£ | £ |

| Trade creditors | 36,314 |  | 14,436 |  |

| Amounts owed to group undertakings | 189,781 |  | 6,214 |  |

| Taxation and social security | 102,750 |  | 70,241 |  |

328,845 |  | 90,891 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 1,053,909 | Ordinary | £1 | 1,053,909 |  | 1,053,909 |  |

10. | OTHER FINANCIAL COMMITMENTS

| The company has future operating lease commitments of £98,750 (2024 - £132,917).

11. | ULTIMATE CONTROLLING PARTY

| The company's immediate parent is IGM Robotersysteme AG, incorporated in Austria.

12. | GOING CONCERN

| In assessing the going concern basis of preparing the financial statements, the Directors considered the Company's Business activities, financial position and financial risk management objectives and policies. Group's forecasts and projections, taking account of reasonably possible changes in trading performance and the economic challenges from increase inflation and interest rates, and considering the treasury arrangements and cash flows, show that the Group will be funded with continued profitability, accumulated reserves and without additional financial support or borrowings, and can operate for at least twelve months from the date of approval of the financial statements. As a result, the company continues to adopt the going concern basis in preparing the financial statements