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REGISTERED NUMBER: 03518831 (England and Wales)

GROUP STRATEGIC REPORT, REPORT OF THE DIRECTORS AND

AUDITED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

FOR

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

Page |

Company Information | 1 |

Group Strategic Report | 2 |

Report of the Directors | 6 |

Report of the Independent Auditors | 8 |

Consolidated Income Statement | 12 |

Consolidated Other Comprehensive Income | 13 |

Consolidated Balance Sheet | 14 |

Company Balance Sheet | 15 |

Consolidated Statement of Changes in Equity | 16 |

Company Statement of Changes in Equity | 17 |

Consolidated Cash Flow Statement | 18 |

Notes to the Consolidated Cash Flow Statement | 19 |

Notes to the Consolidated Financial Statements | 20 |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

| DIRECTORS: | Mr J T Schollmeyer

| Mrs L R Taylor

| Mr A J Ponting

| Mrs B T Warming

| Mr C J Forrest

| Mr P Jensen

| SECRETARY: | Mr M Smith

| REGISTERED OFFICE: | Campus Reading International

| Reading

| RG2 6DA

| REGISTERED NUMBER: | 03518831 (England and Wales)

| AUDITORS: | Ainsworths Limited

| Chartered Accountants

| and Statutory Auditors

| Charter House

| Stansfield Street

| Nelson

| Lancashire

| BB9 9XY

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

The directors present their strategic report of the company and the group for the year ended 30th September 2025.

REVIEW OF BUSINESS

The principal activity of the group in the year under review was that of wholesalers of barbecues and related products.

The sub-group is part of the worldwide Weber Group which was established in 1952. The Weber Group is one of the world's leading providers of barbecues with the most comprehensive range of barbecue products and services in the industry. The Weber brand is internationally synonymous with barbecuing innovation, perfect barbecue products and the utility barbecuing experience.

The directors consider the results achieved by the group to be satisfactory, considering the current global economy. The group's market share in the world continues to grow and it is envisaged will improve further in the coming years following the continued investment in staffing and resources. The product ranges continue to be regularly updated with new innovative technology which is expected to improve income and profitability.

The group's key performance indicators during the year were as follows:

| 2024/25 |  | 2023/24 |

Turnover |  | £311m |  | £272m |

Gross % |  | 29.92% |  | 38.91% |

EBITDA |  | £18.4m |  | £26.2m |

The directors consider the year to be satisfactory. The business has seen a growth in turnover this year with much improved gross profit margins now that the Poland manufacturing facility is fully operational. The costs and overheads have been under pressure this year from global inflation following the recent global conflicts impacting on energy costs.

The group balance sheet has improved due to the profits in the period.

Over the last two years the group has invested heavily in a new manufacturing plant in Poland. This is now having a significant benefit to the group now it is fully operational. it is improving the gross profit margins and profitability of the european region.

The UK group does not have any external funding requirements or reliance on any external creditors. All cash flow funding is monitored and arranged within the Weber Group. The ultimate parent company in the United States has confirmed their commitment to continuing this support to the group.

The directors are confident in the future outlook of the group and are budgeting the group being back in to profits from 2025/26.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

PRINCIPAL RISKS AND UNCERTAINTIES

The principal commercial risks and uncertainties faced by the group include the general economic climate, seasonal weather factors and rising costs. The directors monitor these risks in order to respond and react to changes in the market place.

Competitive

The group is reliant on certain major customers for sales of products which are subject to ongoing review. The group is exposed to threats from competition, including imported products, as well as fluctuations in the size of the overall market. The group aims to mitigate competitive risks by continuing to maintain its position as a global barbecue brand through a focus on innovation and delivering high quality products and positive customer and consumer experience.

Legislative framework

The group may be exposed to changes in the legislation framework. In addition, compliance imposes costs and failure to comply with such legislation could result in increased costs and/or reduced sales for the group. The directors regularly monitor compliance and ensure that they are made aware of legislative changes.

Raw materials

The group both manufactures itself and buys finished products from the US parent company. The price of products used in the manufacture of the barbecues can be volatile, and the group is therefore exposed to movements in the price of the commodity products. During the period the group has seen significant rises in its raw material costs

Exchange rates

The group has considered the impact of foreign exchange risk, both from potential gains and losses arising from transactions in foreign currencies and also from the conversion of subsidiaries financial statements to the reporting currency.

Technical

The group relies heavily on its computer systems and associated infrastructure. Failure of such systems would constitute a risk to the group. The group has a series of risk management procedures in place.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

SECTION 172(1) STATEMENT

Statement by the directors in performance of their statutory duties in accordance with Section 172(1) of the Companies Act 2006

We the board of directors, of Weber-Stephen Products (U.K.) Limited consider, both individually and together, that we have acted in the way we consider, in good faith, would most likely promote the success of the group for the benefit of our members as a whole in the decisions taken during the year. The following details how we have had regard to the matters set out in s.172(1) (a) to (f) as highlighted in bold below:

The likely consequences of any decision in the long term

The long term success of the Group is always considered in making decisions and this is aligned with the strategy and the risk management procedures within our group. An important factor to achieving this is with the US parent company being at the forefront of the strategic decision making.

The interests of the group's employees

The board recognises that its employees are fundamental to the success of our business. The health, safety and wellbeing of our employees continues to be a priority, and we have implemented measures to ensure all employees feel safe whilst at work, whether that be in the office or at home.

We aim to maintain a working environment that respects the diversity of staff and enables them to achieve their full potential, to contribute fully, and to derive maximum benefit and enjoyment from their involvement in the Group.

The need to foster the company's business relationship with suppliers, customers and others

Stakeholder relationships have been, and continue to be, a key source of value to our business and essential to delivering our strategy.

We seek to promote our values throughout all our stakeholder engagements and consider shared values to be an important factor when engaging with new and existing stakeholders. We conduct regular reviews of current suppliers to ensure that standards are adhered to.

Partnerships are an important cornerstone in our success, and over the years we have formed excellent relationships with key stakeholders.

The impact of the company's operations on the community and environment

We believe we have a responsibility to protect and care for the environment, and we take our responsibilities seriously.

The desirability of the company maintaining a reputation of high standards of business conduct

If there is one area where the Weber Group stand head and shoulders above the competition it is our commitment to quality. When you purchase a Weber barbecue, you are not just getting a high quality product, but a premium warranty too. We are so confident in the quality of our barbecues, we guarantee the individual components of our gas, charcoal and electric barbecues for up to 10 years.

The need to act fairly between members of the company

After considering all the relevant factors, we consider which course of action best enables delivery of our strategy, taking into consideration the financial reward to our shareholders and the impact on stakeholders and our employees. In doing so, the application of ethical and sustainable policies is highly promoted.

FINANCIAL RISK MANAGEMENT

The group's operations expose it to a variety of financial risks that include the effects of credit, currency, interest rate and liquidity risk. The directors actively manage these risks by monitoring levels of risk and the related costs of mitigating these.

The group finances their operations through a combination of retained profits and inter-group loans. They are not exposed to any external funding.

Hedge accounting is not used by the group.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

GROUP STRATEGIC REPORT

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

EMPLOYEE INVOLVEMENT

The directors continue to develop employees using both external and in house resources. Programmes are developed around both business needs and personal development. The group continues to appraise all systems and staff wellbeing to actively promote a positive group culture.

It is the group's policy to consult and discuss with employees on matters likely to affect their interests.

In the recruitment of staff and their future career development, individuals are considered having regard to their aptitudes and abilities, irrespective of race, sex, sexual orientation, marital status or disability.

DISABLED PERSONS

Applications for employment by disabled persons are always fully considered, bearing in mind the aptitude of the applicant concerned. In the event of members of staff becoming disabled, every effort is made to ensure that their employment within the group continues and that the appropriate training is arranged. It is the policy of the group that the training, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.

ON BEHALF OF THE BOARD:

Mr A J Ponting - Director

26th June 2026

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

The directors present their report with the financial statements of the company and the group for the year ended 30th September 2025.

PRINCIPAL ACTIVITY

The principal activity of the group in the year under review was that of wholesalers of barbecues and related products.

DIVIDENDS

No dividends will be distributed for the year ended 30th September 2025.

RESEARCH AND DEVELOPMENT

The group continues to develop improved barbecue equipment and techniques.

FUTURE DEVELOPMENTS

No significant changes to the group's business are anticipated.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st October 2024 to the date of this report.

Mr J T Schollmeyer

Mrs L R Taylor

Other changes in directors holding office are as follows:

Mr E W Chalut - resigned 6th June 2025

Mr A J Ponting - appointed 17th October 2024

Mr M G Jacobs - appointed 17th October 2024

Mrs B T Warming - appointed 17th October 2024

Mr C J Forrest and Mr P Jensen were appointed as directors after 30th September 2025 but prior to the date of this report.

Mr M G Jacobs and Ms N M Misch ceased to be directors after 30th September 2025 but prior to the date of this report.

STREAMLINED ENERGY AND CARBON REPORTING

As the group has not consumed more than 40,000 kWh of energy in the UK in this reporting period, it qualifies as a low energy user under these regulations and is not required to report on its emissions, energy consumption or energy efficiency activities.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

REPORT OF THE DIRECTORS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Group Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing these financial statements, the directors are required to:

- | select suitable accounting policies and then apply them consistently;

- | make judgements and accounting estimates that are reasonable and prudent;

- | state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

- | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

AUDITORS

The auditors, Ainsworths Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:

Mr A J Ponting - Director

26th June 2026

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED

Opinion

We have audited the financial statements of Weber-Stephen Products (U.K.) Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 30th September 2025 which comprise the Consolidated Income Statement, Consolidated Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- | give a true and fair view of the state of the group's and of the parent company affairs as at 30th September 2025 and of the group's 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.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

- | the information given in the Group Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- | the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

- | adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

- | the parent company financial statements are not in agreement with the accounting records and returns; or

- | certain disclosures of directors' remuneration specified by law are not made; or

- | we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page seven, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Based on our understanding of the group and parent company and the nature of the sector in which it operates, we have identified that the principal risks of non-compliance with laws and regulations related to, but were not limited to, the Companies Act 2006 and tax legislation.

We have evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to inappropriate journal entries, improper application of revenue cut-off procedures, omission of provisions and management bias within accounting estimates and judgements. Our audit procedures designed to address these risks included, but were not limited to:

- |  | Obtaining an understanding of internal controls relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal controls; |

- |  | Enquiries with management, regarding any known or suspected instances of non-compliance with laws and regulations and fraud; |

- |  | Challenging assumptions and judgements made by management in their significant accounting estimates, in particular, those relating to provisions and future performance; |

- |  | Auditing the risk of management override of controls, including through the testing of journal entries and other adjustments for appropriateness; |

- |  | Revenue year end cut-off procedures; |

- |  | Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risk of material misstatement due to fraud; and |

- |  | Agreement of the financial statements disclosures to the underlying supporting documentation. |

Our audit procedures were designed to respond to risks of material misstatement in the financial statements, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve concealment by misrepresentations or through collusion. There are inherent limitations in the audit procedures performed, and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we are to become aware of it.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Mark Sunter (Senior Statutory Auditor)

for and on behalf of Ainsworths Limited

Chartered Accountants

and Statutory Auditors

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

26th June 2026

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

CONSOLIDATED INCOME STATEMENT

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

| 30.9.25 |  | 30.9.24

| Notes | £ | £ |

TURNOVER | 3 | 310,671,010 |  | 272,424,182 |  |

Cost of sales | 217,707,502 |  | 166,426,587 |  |

GROSS PROFIT | 92,963,508 |  | 105,997,595 |  |

Administrative expenses | 75,921,758 |  | 81,438,278 |  |

OPERATING PROFIT | 5 | 17,041,750 |  | 24,559,317 |  |

Interest receivable and similar income | 1,243,186 |  | 1,317,144 |  |

18,284,936 |  | 25,876,461 |  |

Interest payable and similar expenses | 6 | 3,403,796 |  | 4,345,724 |  |

PROFIT BEFORE TAXATION | 14,881,140 |  | 21,530,737 |  |

Tax on profit | 7 | 1,159,378 |  | 1,030,008 |  |

PROFIT FOR THE FINANCIAL YEAR | 13,721,762 |  | 20,500,729 |  |

Profit attributable to:

Owners of the parent | 13,721,762 |  | 20,500,729 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

CONSOLIDATED OTHER COMPREHENSIVE INCOME

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

| 30.9.25 |  | 30.9.24

| Notes | £ | £ |

PROFIT FOR THE YEAR | 13,721,762 |  | 20,500,729 |  |

OTHER COMPREHENSIVE INCOME |

Equity difference on foreign currency | 4,087,770 |  | 1,643,693 |  |

Income tax relating to other comprehensive income | - |  | - |  |

OTHER COMPREHENSIVE INCOME FOR THE YEAR, NET OF INCOME TAX | 4,087,770 |  | 1,643,693 |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 17,809,532 |  | 22,144,422 |  |

Total comprehensive income attributable to:

Owners of the parent | 17,809,532 |  | 22,144,422 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

CONSOLIDATED BALANCE SHEET

30TH SEPTEMBER 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 9 | 45,047,195 |  | 36,832,204 |  |

Investments | 10 | - |  | - |  |

45,047,195 |  | 36,832,204 |  |

CURRENT ASSETS

Stocks | 11 | 65,260,242 |  | 49,063,867 |  |

Debtors | 12 | 88,315,904 |  | 138,796,195 |  |

Cash at bank | 10,730,824 |  | 8,526,700 |  |

164,306,970 |  | 196,386,762 |  |

CREDITORS

Amounts falling due within one year | 13 | 177,262,613 |  | 218,936,946 |  |

NET CURRENT LIABILITIES | (12,955,643 | ) | (22,550,184 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 32,091,552 |  | 14,282,020 |  |

CAPITAL AND RESERVES

Called up share capital | 15 | 100 |  | 100 |  |

Share premium | 16 | 4,335,163 |  | 4,335,163 |  |

Equity difference on foreign

currency translations | 16 | 5,827,651 |  | 1,739,881 |  |

Retained earnings | 16 | 21,928,638 |  | 8,206,876 |  |

SHAREHOLDERS' FUNDS | 32,091,552 |  | 14,282,020 |  |

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

Mr A J Ponting - Director

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

COMPANY BALANCE SHEET

30TH SEPTEMBER 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 9 | 1,630 |  | 22,147 |  |

Investments | 10 | 19,237,330 |  | 19,995,465 |  |

19,238,960 |  | 20,017,612 |  |

CURRENT ASSETS

Stocks | 11 | 6,625,014 |  | 6,182,765 |  |

Debtors | 12 | 4,965,552 |  | 3,897,070 |  |

Cash at bank | 19,445 |  | 17,741 |  |

11,610,011 |  | 10,097,576 |  |

CREDITORS

Amounts falling due within one year | 13 | 17,265,558 |  | 16,482,020 |  |

NET CURRENT LIABILITIES | (5,655,547 | ) | (6,384,444 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 13,583,413 |  | 13,633,168 |  |

CAPITAL AND RESERVES

Called up share capital | 15 | 100 |  | 100 |  |

Share premium | 16 | 4,335,163 |  | 4,335,163 |  |

Retained earnings | 16 | 9,248,150 |  | 9,297,905 |  |

SHAREHOLDERS' FUNDS | 13,583,413 |  | 13,633,168 |  |

Company's loss for the financial year | (49,755 | ) | (342,072 | ) |

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

Mr A J Ponting - Director

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

| Equity |

| difference |

| on |

| Called up |  | foreign |

| share |  | Retained |  | Share |  | currency |  | Total

| capital |  | earnings |  | premium |  | translations |  | equity

£ | £ | £ | £ | £ |

Balance at 1st October 2023 | 100 |  | (12,293,853 | ) | 4,335,163 |  | 96,188 |  | (7,862,402 | ) |

Changes in equity

Total comprehensive income | - |  | 20,500,729 |  | - |  | 1,643,693 |  | 22,144,422 |  |

Balance at 30th September 2024 | 100 |  | 8,206,876 |  | 4,335,163 |  | 1,739,881 |  | 14,282,020 |  |

Changes in equity

Total comprehensive income | - |  | 13,721,762 |  | - |  | 4,087,770 |  | 17,809,532 |  |

Balance at 30th September 2025 | 100 |  | 21,928,638 |  | 4,335,163 |  | 5,827,651 |  | 32,091,552 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

COMPANY STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

| Called up |

| share |  | Retained |  | Share |  | Total

| capital |  | earnings |  | premium |  | equity

£ | £ | £ | £ |

Balance at 1st October 2023 | 100 |  | 9,639,977 |  | 4,335,163 |  | 13,975,240 |  |

Changes in equity

Total comprehensive income | - |  | (342,072 | ) | - |  | (342,072 | ) |

Balance at 30th September 2024 | 100 |  | 9,297,905 |  | 4,335,163 |  | 13,633,168 |  |

Changes in equity

Total comprehensive income | - |  | (49,755 | ) | - |  | (49,755 | ) |

Balance at 30th September 2025 | 100 |  | 9,248,150 |  | 4,335,163 |  | 13,583,413 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

CONSOLIDATED CASH FLOW STATEMENT

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

| 30.9.25 |  | 30.9.24

| Notes | £ | £ |

Cash flows from operating activities

Cash generated from operations | 1 | 14,136,610 |  | 11,606,903 |  |

Interest paid | (3,403,796 | ) | (4,345,724 | ) |

Equity difference on foreign exchange | 4,087,770 |  | 1,643,693 |  |

Tax paid | (1,052,488 | ) | (1,899,184 | ) |

Net cash from operating activities | 13,768,096 |  | 7,005,688 |  |

Cash flows from investing activities

Purchase of tangible fixed assets | (12,975,267 | ) | (11,040,255 | ) |

Sale of tangible fixed assets | 168,109 |  | 205,629 |  |

Interest received | 1,243,186 |  | 1,317,144 |  |

Net cash from investing activities | (11,563,972 | ) | (9,517,482 | ) |

Increase/(decrease) in cash and cash equivalents | 2,204,124 |  | (2,511,794 | ) |

Cash and cash equivalents at beginning of year | 2 | 8,526,700 |  | 11,038,494 |  |

Cash and cash equivalents at end of year | 2 | 10,730,824 |  | 8,526,700 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED CASH FLOW STATEMENT

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

1. | RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

| 30.9.25 |  | 30.9.24

£ | £ |

| Profit before taxation | 14,881,140 |  | 21,530,737 |  |

| Depreciation charges | 4,592,167 |  | 3,843,284 |  |

| Loss on disposal of fixed assets | - |  | 188,206 |  |

| Finance costs | 3,403,796 |  | 4,345,724 |  |

| Finance income | (1,243,186 | ) | (1,317,144 | ) |

21,633,917 |  | 28,590,807 |  |

| (Increase)/decrease in stocks | (16,196,375 | ) | 21,806,448 |  |

| Decrease/(increase) in trade and other debtors | 50,480,291 |  | (18,515,213 | ) |

| Decrease in trade and other creditors | (41,781,223 | ) | (20,275,139 | ) |

| Cash generated from operations | 14,136,610 |  | 11,606,903 |  |

2. | CASH AND CASH EQUIVALENTS

| The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

| Year ended 30th September 2025

| 30.9.25 |  | 1.10.24

£ | £ |

| Cash and cash equivalents | 10,730,824 |  | 8,526,700 |  |

| Year ended 30th September 2024

| 30.9.24 |  | 1.10.23

£ | £ |

| Cash and cash equivalents | 8,526,700 |  | 11,038,494 |  |

3. | ANALYSIS OF CHANGES IN NET FUNDS

| At 1.10.24 | Cash flow | At 30.9.25

£ | £ | £ |

| Net cash |

| Cash at bank | 8,526,700 |  | 2,204,124 |  | 10,730,824 |  |

8,526,700 |  | 2,204,124 |  | 10,730,824 |  |

| Total | 8,526,700 |  | 2,204,124 |  | 10,730,824 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Weber-Stephen Products (U.K.) 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 General Information page.

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| These financial statements have been prepared on a going concern basis which assumes that the group will be able to meet its liabilities as they fall due. The parent company, Weber-Stephen Products LLC, have confirmed their commitment to financial support of the group, including continued support of the groups in its cash flow requirements.

| Basis of consolidation

| The consolidated financial statements include the company and its subsidiary undertakings.

| 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 this sub-group.

| Transactions between members of this sub-group which have been eliminated on consolidation are not disclosed within the financial statements.

| All balances with other members of the Weber worldwide group, which are not part of this sub-group, are disclosed in the financial statements.

| Significant judgements and estimates

| In application of the group'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.

| The judgements and estimates which have a significant risk of causing material adjustment to the carrying amount of assets and liabilities are as follows:

| Sales rebate provisions - the directors have made estimations in respect of the level of sales rebate provisions payable to customers. The sales rebate provisions are based on a number of factors which are not all fully apparent at the year end.

| Stock provisions - the directors have reviewed and estimated the value of stock which is either slow moving or obsolete.

| Bad debt provisions - the directors have reviewed and estimated the value of debtors which they do not believe are fully recoverable.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Turnover

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

| Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer (usually on dispatch of the goods) the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

| 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

| Fixtures and fittings | - | 25% on cost and 20% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 33% on cost and 20% on cost

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

| Stocks

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

| Financial instruments

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

| 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.

| All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through the Consolidated Income Statement, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction the financial asset or liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

| The following assets and liabilities are classified as financial instruments:

| Investments in subsidiaries, trade debtors, trade creditors and inter group balances.

| Trade debtors, trade creditors, and inter group balances (being repayable on demand) are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

| Financial assets 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 the Consolidated Income Statement.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated 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 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.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.

| Some overseas subsidiaries record their transactions in foreign currencies. These subsidiaries results are translated into sterling for the purposes of these consolidated financial statements. The income statements are translated using the average rate for the year whilst the assets and liabilities are translated at the rates of exchange ruling at the balance sheet date. Exchange differences are taken into account in arriving at the operating result.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

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

| Operating leases

| Rentals paid under operating leases are charged to the Consolidated Income Statement on a straight line basis over the period of the lease.

| Investments

| Investments are included at cost less amounts written off. Profits or losses arising from disposals of fixed asset investments are treated as part of the results from ordinary activities unless the profit or losses are exceptional.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

3. | TURNOVER

| The turnover and profit before taxation are attributable to the one principal activity of the group.

| An analysis of turnover by geographical market is given below:

| 30.9.25 |  | 30.9.24

£ | £ |

| United Kingdom | 30,776,231 |  | 26,912,635 |  |

| Western Europe | 110,181,943 |  | 119,837,560 |  |

| Eastern Europe | 117,909,177 |  | 76,089,053 |  |

| Canada | 43,673,189 |  | 39,684,799 |  |

| South America | 1,588,320 |  | 2,971,713 |  |

| Asia | 6,542,150 |  | 6,928,422 |  |

310,671,010 |  | 272,424,182 |  |

4. | EMPLOYEES AND DIRECTORS

| 30.9.25 |  | 30.9.24

£ | £ |

| Wages and salaries | 30,295,252 |  | 24,009,038 |  |

| Social security costs | 3,776,089 |  | 3,014,908 |  |

| Other pension costs | 251,282 |  | 196,883 |  |

34,322,623 |  | 27,220,829 |  |

| The average number of employees during the year was as follows:

| 30.9.25 |  | 30.9.24

| Directors | 5 |  | 4 |  |

| Administration, sales and distribution | 440 |  | 473 |  |

445 |  | 477 |  |

| 30.9.25 |  | 30.9.24

£ | £ |

| Directors' remuneration | 109,760 |  | 645,849 |  |

| Directors' pension contributions to money purchase schemes | 7,781 |  | 22,308 |  |

5. | OPERATING PROFIT

| The operating profit is stated after charging:

| 30.9.25 |  | 30.9.24

£ | £ |

| Other operating leases | 79,704 |  | 82,286 |  |

| Depreciation - owned assets | 4,592,167 |  | 3,843,284 |  |

| Loss on disposal of fixed assets | - |  | 188,206 |  |

| Auditors' remuneration | 43,263 |  | 43,650 |  |

| Other non- audit services | 2,100 |  | 2,100 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

6. | INTEREST PAYABLE AND SIMILAR EXPENSES |

| 30.9.25 |  | 30.9.24

£ | £ |

| Group interest payable | 3,403,796 |  | 4,345,724 |  |

7. | TAXATION

| Analysis of the tax charge

| The tax charge on the profit for the year was as follows:

| 30.9.25 |  | 30.9.24

£ | £ |

| Current tax:

| Withholding tax | - |  | 175,810 |  |

| Overseas tax | 1,159,378 |  | 854,198 |  |

| Tax on profit | 1,159,378 |  | 1,030,008 |  |

| Reconciliation of total tax charge included in profit and loss

| The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The difference is explained below:

| 30.9.25 |  | 30.9.24

£ | £ |

| Profit before tax | 14,881,140 |  | 21,530,737 |  |

| Profit multiplied by the standard rate of corporation tax in the UK of 25 % (2024 - 25 %) | 3,720,285 |  | 5,382,684 |  |

| Effects of:

| Overseas tax rates and other changes | (2,560,907 | ) | (4,352,676 | ) |

| Total tax charge | 1,159,378 |  | 1,030,008 |  |

| Tax effects relating to effects of other comprehensive income |

| 30.9.25 |

| Gross |  | Tax |  | Net |

£ | £ | £ |

| Equity difference on foreign currency | 4,087,770 |  | - |  | 4,087,770 |  |

| 30.9.24 |

| Gross |  | Tax |  | Net |

£ | £ | £ |

| Equity difference on foreign currency | 1,643,693 |  | - |  | 1,643,693 |  |

8. | INDIVIDUAL INCOME STATEMENT

| As permitted by Section 408 of the Companies Act 2006, the Income Statement of the parent company is not presented as part of these financial statements.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

9. | TANGIBLE FIXED ASSETS

| Group

| Improvements |  | Fixtures

| to |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1st October 2024 | 805,818 |  | 38,913,687 |  | 14,077,182 |  |

| Additions | 204,375 |  | 10,746,768 |  | 2,024,124 |  |

| Disposals | - |  | - |  | (3,283,915 | ) |

| At 30th September 2025 | 1,010,193 |  | 49,660,455 |  | 12,817,391 |  |

| DEPRECIATION

| At 1st October 2024 | 479,742 |  | 6,325,478 |  | 10,198,421 |  |

| Charge for year | 104,474 |  | 3,435,507 |  | 1,045,399 |  |

| Eliminated on disposal | (3,550 | ) | - |  | (3,142,997 | ) |

| At 30th September 2025 | 580,666 |  | 9,760,985 |  | 8,100,823 |  |

| NET BOOK VALUE

| At 30th September 2025 | 429,527 |  | 39,899,470 |  | 4,716,568 |  |

| At 30th September 2024 | 326,076 |  | 32,588,209 |  | 3,878,761 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1st October 2024 | 35,000 |  | 462,135 |  | 54,293,822 |  |

| Additions | - |  | - |  | 12,975,267 |  |

| Disposals | - |  | (412,262 | ) | (3,696,177 | ) |

| At 30th September 2025 | 35,000 |  | 49,873 |  | 63,572,912 |  |

| DEPRECIATION

| At 1st October 2024 | 29,944 |  | 428,033 |  | 17,461,618 |  |

| Charge for year | 5,056 |  | 1,731 |  | 4,592,167 |  |

| Eliminated on disposal | - |  | (381,521 | ) | (3,528,068 | ) |

| At 30th September 2025 | 35,000 |  | 48,243 |  | 18,525,717 |  |

| NET BOOK VALUE

| At 30th September 2025 | - |  | 1,630 |  | 45,047,195 |  |

| At 30th September 2024 | 5,056 |  | 34,102 |  | 36,832,204 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

9. | TANGIBLE FIXED ASSETS - continued

| Company

| Improvements |  | Fixtures |

| to |  | and |  | Motor |  | Computer |

| property |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1st October 2024 |

| and 30th September 2025 | 111,881 |  | 46,079 |  | 35,000 |  | 49,873 |  | 242,833 |  |

| DEPRECIATION

| At 1st October 2024 | 98,151 |  | 46,079 |  | 29,944 |  | 46,512 |  | 220,686 |  |

| Charge for year | 13,730 |  | - |  | 5,056 |  | 1,731 |  | 20,517 |  |

| At 30th September 2025 | 111,881 |  | 46,079 |  | 35,000 |  | 48,243 |  | 241,203 |  |

| NET BOOK VALUE

| At 30th September 2025 | - |  | - |  | - |  | 1,630 |  | 1,630 |  |

| At 30th September 2024 | 13,730 |  | - |  | 5,056 |  | 3,361 |  | 22,147 |  |

10. | FIXED ASSET INVESTMENTS

| Company

| Shares in

| group

| undertakings

£ |

| COST

| At 1st October 2024 | 19,995,465 |  |

| Impairments | (758,135 | ) |

| At 30th September 2025 | 19,237,330 |  |

| NET BOOK VALUE

| At 30th September 2025 | 19,237,330 |  |

| At 30th September 2024 | 19,995,465 |  |

| The group or the company's investments at the Balance Sheet date in the share capital of companies include the following:

| Subsidiaries

| Weber-Stephen Deutschland GmbH

| Registered office: Germany

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

10. | FIXED ASSET INVESTMENTS - continued

| Weber-Stephen (Schweiz) GmbH

| Registered office: Switzerland

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen CZ & SK spol. s.r.o.

| Registered office: Czech Republic

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Vostok LLC

| Registered office: Russia

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Polska Spol. Z.o.o

| Registered office: Poland

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Products (EMEA) GmbH

| Registered office: Germany

| Nature of business: Administration etc.for EMEA

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Holdings (UK) Limited

| Registered office: United Kingdom

| Nature of business: Holding company

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen (Canada) Company

| Registered office: Canada

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

10. | FIXED ASSET INVESTMENTS - continued

| Weber-Stephen Chile SpA

| Registered office: Chile

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber (Shanghai) Trading Company Limited

| Registered office: China

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Products (Hong Kong) Limited

| Registered office: Hong Kong

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Products Japan GK

| Registered office: Japan

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Products (Malaysia) SDN. BHD.

| Registered office: Malaysia

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Products Sp. Zoo. W Organizacji

| Registered office: Poland

| Nature of business: Manufacturer of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| Weber-Stephen Colombia SAS

| Registered office: Colombia

| Nature of business: Wholesale of barbecues

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

11. | STOCKS

| Group |  | Company |

| 30.9.25 |  | 30.9.24 |  | 30.9.25 |  | 30.9.24 |

£ | £ | £ | £ |

| Finished goods | 65,260,242 |  | 49,063,867 |  | 6,625,014 |  | 6,182,765 |  |

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

| Group |  | Company |

| 30.9.25 |  | 30.9.24 |  | 30.9.25 |  | 30.9.24 |

£ | £ | £ | £ |

| Trade debtors | 22,324,726 |  | 23,433,443 |  | 2,988,710 |  | 2,242,505 |  |

| Amount owed by group companies | 31,707,883 |  | 85,958,529 |  | 1,274,002 |  | 1,398,319 |  |

| VAT | - |  | - |  | 107,072 |  | 116,004 |  |

| Prepayments and accrued income | 34,283,295 |  | 29,404,223 |  | 595,768 |  | 140,242 |  |

88,315,904 |  | 138,796,195 |  | 4,965,552 |  | 3,897,070 |  |

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

| Group |  | Company |

| 30.9.25 |  | 30.9.24 |  | 30.9.25 |  | 30.9.24 |

£ | £ | £ | £ |

| Trade creditors | 15,233,912 |  | 15,784,661 |  | 191,345 |  | 704,463 |  |

| Tax | 119,526 |  | 12,636 |  | - |  | - |  |

| VAT | 13,527,872 |  | 11,659,870 |  | - |  | - |  |

| Other creditors | 33,769,558 |  | 31,361,472 |  | 3,485,237 |  | 3,753,741 |  |

| Amount owed to group companies | 114,611,745 |  | 160,118,307 |  | 13,588,976 |  | 12,023,816 |  |

177,262,613 |  | 218,936,946 |  | 17,265,558 |  | 16,482,020 |  |

14. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Group

| Non-cancellable |

| operating leases |

| 30.9.25 |  | 30.9.24

£ | £ |

| Within one year | 2,067,268 |  | 1,219,192 |  |

| Between one and five years | 12,671,165 |  | 5,924,762 |  |

| In more than five years | 28,766,419 |  | - |  |

43,504,852 |  | 7,143,954 |  |

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

14. | LEASING AGREEMENTS - continued

| Company

| Non-cancellable |

| operating leases |

| 30.9.25 |  | 30.9.24

£ | £ |

| Within one year | 111,220 |  | 427,382 |  |

| Between one and five years | 887,198 |  | 103,401 |  |

998,418 |  | 530,783 |  |

15. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.9.25 |  | 30.9.24

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

16. | RESERVES

| Group

| Equity |

| difference |

| on |

| foreign |

| Retained |  | Share |  | currency |

| earnings |  | premium |  | translations |  | Totals

£ | £ | £ | £ |

| At 1st October 2024 | 8,206,876 |  | 4,335,163 |  | 1,739,881 |  | 14,281,920 |  |

| Profit for the year | 13,721,762 |  | 13,721,762 |  |

| Movement in the year | - |  | - |  | 4,087,770 |  | 4,087,770 |  |

| At 30th September 2025 | 21,928,638 |  | 4,335,163 |  | 5,827,651 |  | 32,091,452 |  |

| Company

| Retained |  | Share |

| earnings |  | premium |  | Totals

£ | £ | £ |

| At 1st October 2024 | 9,297,905 |  | 4,335,163 |  | 13,633,068 |  |

| Deficit for the year | (49,755 | ) | (49,755 | ) |

| At 30th September 2025 | 9,248,150 |  | 4,335,163 |  | 13,583,313 |  |

17. | PENSION COMMITMENTS

| The company operates a defined contribution scheme for the benefit of certain employees. The assets of the scheme are administered by trustees in a fund independent from the group.

WEBER-STEPHEN PRODUCTS (U.K.) LIMITED (REGISTERED NUMBER: 03518831)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

18. | ULTIMATE PARENT COMPANY

| In the directors' opinion the company's ultimate parent company is Weber-Stephen Products LLC which is incorporated in the United States of America. The company's address is 1415 S. Roselle Road, Palatine, Illinois, 60067, USA.

19. | ULTIMATE CONTROLLING PARTY

| In the directors' opinion the company's ultimate controlling party is BDT Capital Partners LLC which is incorporated in the United States of America.