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

Wasabi Technologies UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11 Gypsy Lane, Marlow, Buckinghamshire, United Kingdom, SL7 3JT.

The comparative figures cover a period of 13 months from incorporation to the period ended 31 December 2024 and are therefore not directly comparable with the current year.

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.

Atruet the time of approving the financial statements, the directors have an expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company relies on the continued support of the group, and the group intends to continue supporting the company. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover represents approved costs recharged to the parent company on a cost plus 5% basis.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the financial instrument.

Debtors do not carry interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Creditors are not interest bearing and are included at their nominal value.

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.

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

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

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.

Commissions recognition

Management applies judgement when assessing the period over which commissions are deferred and recognised, taking into account the average expected customer contract term of sixty months. The future realisation of these amounts may be affected by the future outcome of these contracts.

Management has made a key estimate regarding the recognition and measurement of accrued commission with a carrying value of £104,757 as at the reporting date. Commissions are earned based on sales or transactions completed during the reporting period but not processed through the payroll until a subsequent period.

Prepaid commissions are recognised upfront based on the total contract value for fixed storage over a 60 month term, with the Group receiving annual customer payments and then passing funds to the Company. The first 12 months due after the year end are identified as prepaid commission and classed as due within 1 year. The remaining balance is due after more than 12 months and is identified as deferred commission and classed as due after 1 year. This has been recognised on the balance sheet in current debtors of £134,130 and non-current debtors of £443,468.

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

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 2025 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 parent company of Wasabi Technologies UK Limited is Wasabi Technologies LLC and its registered office is 75 Arlington Street, Suite 810, MA 02116, USA. The ultimate controlling party of Wasabi Technologies UK Limited is Wasabi Holdings Inc. and its registered office is 75 Arlington Street, Suite 810, MA 02116, USA.

The following are the parents of the largest and smallest groups in which this company's results are consolidated: