REGISTERED NUMBER: 16863060 (England and Wales)

Financial Statements

for the Period 17 November 2025 to 31 December 2025

for

HLD UK Newco Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

HLD Associes Europe

Ms A M M Sexon

REGISTERED OFFICE:

27 Old Gloucester Street

London

London

WC1N 3AX

REGISTERED NUMBER:

16863060 (England and Wales)

SENIOR STATUTORY AUDITOR:

MR C A Joannou BSc, MSc, PhD, FCCA

AUDITORS:

Christiansons Limited

Chartered Certified Accountants

& Statutory Auditors

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

CURRENT ASSETS

Cash at bank

4

340,000,000

CREDITORS

Amounts falling due within one year

5

10,987

NET CURRENT ASSETS

339,989,013

TOTAL ASSETS LESS CURRENT LIABILITIES

339,989,013

CAPITAL AND RESERVES

Called up share capital

6

3,400

Share premium

7

339,996,600

Retained earnings

7

(10,987

)

SHAREHOLDERS' FUNDS

339,989,013

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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2026 and were signed on its behalf by:

Ms A M M Sexon - Director

1.	STATUTORY INFORMATION

HLD UK Newco 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 financial statements are prepared in Euro being the most relevant currency for the company.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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.

Taxation

Taxation for the period 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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 Euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Cash and cash equivalents

Cash and cash equivalents include cash at bank, cash in hand and short-term deposits with original maturities of three months or less. Bank overdrafts are presented within current liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	CASH AT BANK

€

Bank account

340,000,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

€

Accrued expenses

10,987

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

€

340,001

Ordinary

€0.01

3,400

7.

RESERVES

Retained

Share

earnings

premium

Totals

€

€

€

Deficit for the period

(10,987

)

-

(10,987

)

Cash share issue

-

339,996,600

339,996,600

At 31 December 2025

(10,987

)

339,996,600

339,985,613

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

The Report of the Auditors was unqualified.

MR C A Joannou BSc, MSc, PhD, FCCA (Senior Statutory Auditor)

for and on behalf of Christiansons Limited

9.	POST BALANCE SHEET EVENTS

On 05/02/2026, the Company’s share premium account was reduced by €80 million. As this reduction occurred after the balance sheet date, it does not affect the financial position reported for the year end and will be reflected in the subsequent reporting period.

10.	IMMEDIATE CONTROLLING PARTY

As at the date of approval of these financial statements, the immediate controlling party by virtue of

its shareholding is

HLD Europe SCA

9B, Boulevard Prince Henri

1724 Luxembourg

Luxembourg

The entity is a limited partnership incorporated in Luxembourg.