Contents of the Financial Statements

for the Period Ended 31 December 2025

Directors' report period ended 31 December 2025

The directors present their report with the financial statements of the company for the period ended 31 December 2025

Directors

The directors shown below have held office during the whole of the period from
1 January 2025 to 31 December 2025

The director shown below has held office during the whole of the period from
1 January 2025 to 31 December 2025

The director shown below has held office during the period of
31 December 2025 to 31 December 2025

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 May 2026

And signed on behalf of the board by:
Name: Willian Nigel Campion-Smith
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2025

Balance sheet

As at 31 December 2025

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Other accounting policies

  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES A summary of the principal policies is set out below. These accounting policies have been consistently applied by the Company for all the years presented, unless stated otherwise. Basis of preparation These financial statements are prepared on a going concern basis, under the historical cost convention. The preparation of financial statements in conformity with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company’s accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed in Note 4. As at 31 December 2025, the Company is in a net current asset position of EUR 606,333 (2024: EUR 599,713). As disclosed in note 5 and in accordance with various Investment Advisory Agreements, the Company receives investment advice from Quadriga Capital Eigenkapitalberatung GmbH and in turn provides investment advice to its associated companies, including Quadriga Capital IIIa GP Limited, Quadriga Capital IV GP Limited, Quadriga Capital GP Limited, Quadriga Capital V GP Limited and Quadriga Capital VI GP Limited. For its services, the Company receives investment advisory fee income. The total Investment Advisory Fee Income during the year amounted to EUR 5,026,550 (2024: EUR 5,849,201). The Directors of the Company have reviewed the financial statements of the associated companies and have assessed the current liquidity position of the Company taking into consideration the future expected cash flows including cash flow emanating from the investment advisory fee income from its associated companies. Basis of preparation (Continued) Based on the above, the Directors conclude that no uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern for the next 12 months following the approval of the financial statements, therefore the Directors have adopted the going concern basis of preparation for the Financial Statements. Income Investment Advisory fee income comprises the fair value of the consideration received or receivable for services in the ordinary course of the Company's activities. Investment Advisory fee income is calculated as the cost of the Company to provide its services plus a margin agreed between the parties from time to time. Operating lease agreements Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease. Rental expenses are included in office costs expense as shown in Note 7. Cash and cash equivalents Cash and cash equivalents include cash in hand and other deposits held at call with banks having original maturities of three months or less. Share capital Ordinary shares are classified as equity. Expenses Expenses are recognised on an accruals basis. Functional and presentation currency The functional and presentation currency of the Company is the Euro (the "functional currency"). The performance of the Company is measured and reported in Euro. The Company provides investment advice to entities whose functional currencies are Euro, additionally the majority of income and expense items are denominated in Euro; as such the Directors consider the Euro as the currency that most faithfully represents the economic effects of the underlying transactions, events and conditions. Foreign currency transactions and balances Transactions denominated in currencies other than Euro are recorded at actual exchange rates prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the year end are reported at the rate of exchange prevailing at year end. Any gain or loss arising from a change in exchange rates subsequent to the date of the transaction is recognised in the Statement of Comprehensive Income.

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	1	1

  The average number of employees employed by the Company during the year was 0.2 (2024: 1).