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REGISTERED NUMBER: 01336691

| Financial Statements |

| for the Year Ended 31 December 2025 |

| for |

| Jamak Fabrication Europe Limited |

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Contents of the Financial Statements

for the Year Ended 31 December 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Jamak Fabrication Europe Limited |

Company Information

for the Year Ended 31 December 2025

| DIRECTORS: | A C Bowles

| A Davis

| A M Micallef

| M Micallef

| REGISTERED OFFICE: | Unit 50

| Oakhill 61

| Devonshire Road

| Walkden

| Manchester

| M28 3PT

| REGISTERED NUMBER: | 01336691

| AUDITORS: | RAA AUDIT LLP

| 3 Sheen Road

| Richmond Upon Thames

| TW9 1AD

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Balance Sheet

31 December 2025

| 2025 |  | 2024

| Notes | £ | £ |

Fixed assets

Tangible assets | 5 | 22,137 |  | 39,878 |  |

Investments | 6 | - |  | 1 |  |

22,137 |  | 39,879 |  |

Current assets

Stocks | 7 | 197,837 |  | 245,453 |  |

Debtors: amounts falling due within one year | 8 | 270,248 |  | 303,919 |  |

Cash at bank and in hand | 389,429 |  | 368,150 |  |

857,514 |  | 917,522 |  |

Creditors: amounts falling due within one year | 9 | (67,285 | ) | (39,830 | ) |

Net current assets | 790,229 |  | 877,692 |  |

Total assets less current liabilities | 812,366 |  | 917,571 |  |

Creditors: amounts falling due after more than one year | 10 | - |  | (1 | ) |

Net assets | 812,366 |  | 917,570 |  |

Capital and reserves

Called up share capital | 101,875 |  | 101,875 |  |

Share premium | 555,406 |  | 555,406 |  |

Other reserves | 1,875 |  | 1,875 |  |

Retained earnings | 153,210 |  | 258,414 |  |

812,366 |  | 917,570 |  |

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Balance Sheet - continued

31 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 4 August 2026 and were signed on its behalf by:

A Davis - Director

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements

for the Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| The company is a private company limited by share capital, incorporated in England and Wales.

| The address of its registered office is:

| Unit 50 Oakhill 61

| Devonshire Road

| Walkden

| Manchester

| M28 3PT

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 under the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

| The company's functional and presentational currency is pound sterling.

| PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS

| The Company qualifies as a small group under Section 405 of the Companies Act 2006 and has taken advantage of the exemption from preparing consolidated financial statements as it is in included in consolidated accounts for a larger group which are drawn up as full consolidated audited accounts.

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES

| The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

| CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

| In the application of the companys accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts 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 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 and in any future periods affected.

| The following judgements and estimates have the most significant effect on amounts recognised in the financial statements:

| (i) Useful economic lives of tangible fixed assets

| The company reviews the useful economic lives of tangible fixed assets at each reporting date to ensure that the period over which the assets are depreciated remains appropriate. The assessment of useful lives and residual values requires management judgement and estimation.

| (ii) Recoverability of investment in subsidiary undertaking

| The directors exercised judgement in assessing the recoverability of the investment in subsidiary undertaking following the voluntary strike-off of the subsidiary during the year. Based on the circumstances and immaterial carrying value of the investment, the related balance was derecognised in the financial statements.

| (iii) Going concern

| The directors consider the company to be a going concern, for the reasons as detailed in accounting policies to these financial statements.

| GOING CONCERN

| At 31 December 2025, the company had net assets of £812,366 (2024: £917,570 net assets) and a net profit of £68,631 (2024: £69,874 net profit).

| At the time of approving the financial statements, the directors believe that the company is well placed to manage its business risks successfully, despite a decrease in turnover, and have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, along with the support from their parent company Jamak International Inc. Thus, the financial statements are prepared on a going concern basis.

| TURNOVER

| Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as 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 all of the following conditions are satisfied:

| - the Company has transferred the significant risks and rewards of ownership to the buyer;

| - the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

| - the amount of turnover can be measured reliably;

| - it is probable that the Company will receive the consideration due under the transaction; and

| - the costs incurred or to be incurred in respect of the transaction can be measured reliably.

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| TANGIBLE FIXED ASSETS

| Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

| Depreciation

| Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

| Depreciation is provided on the following bases:

| Asset Class |  | Depreciation Method & Rate |  |

| Motor vehicles |  | 25% Straight Line Method |  |

| Furniture, fittings & office equipment |  | 10%, 25%, 33% & 50% Straight Line Method |  |

| STOCKS

| Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell, after making due allowance for obsolete & slow moving stock items. Cost is based on the cost of purchase on a weighted average basis.

| At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| FINANCIAL INSTRUMENTS

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Other financial assets

| Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

| Impairment of financial assets

| Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

| Derecognition of financial assets

| Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| Other financial liabilities

| Derivatives, including interest rate swaps and forward foreign exchange contracts, are not basic financial instruments. Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently re-measured at their fair value. Changes in the fair value of derivatives are recognised in profit or loss in finance costs or finance income as appropriate, unless hedge accounting is applied and the hedge is a cash flow hedge. Debt instruments that do not meet the conditions in FRS 102 paragraph 11.9 are subsequently measured at fair value through profit or loss. Debt instruments may be designated as being measured at fair value though profit or loss to eliminate or reduce an accounting mismatch or if the instruments are measured and their performance evaluated on a fair value basis in accordance with a documented risk management or investment strategy.

| Derecognition of financial liabilities

| Financial liabilities are derecognised when the company's contractual obligations expire or are discharged or cancelled.

| TAXATION

| Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current Tax

| The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

| LEASES

| Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

| DEFINED CONTRIBUTION PENSION OBLIGATION

| A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

| Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

| FOREIGN CURRENCY TRANSACTIONS AND BALANCES

| Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the balance sheet date. All exchange differences are included in the profit and loss account.

| SUMMARY OF DISCLOSURE EXEMPTIONS

| The company meets the definition of a qualifying entity under FRS 102 and has therefore taken advantage of the disclosure exemptions available to it in respect of its separate financial statements. Exemptions have been taken in these financial statements in relation to presentation of a cash flow statement and disclosure of intra-group related party transactions.

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

3. | ACCOUNTING POLICIES - continued

| INVESTMENTS

| Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

| CASH AND CASH EQUIVALENTS

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

| TRADE DEBTORS

| Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

| TRADE CREDITORS

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

| Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

| PROVISIONS FOR LIABILITIES

| Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

| Provisions are charged as an expense to the Profit and loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

| When payments are eventually made, they are charged to the provision carried in the Balance sheet.

| SHARE CAPITAL

| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 9 (2024 - 9 ) .

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |

| fittings |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025

| and 31 December 2025 | 375,167 |  | 13,995 |  | 389,162 |  |

| DEPRECIATION

| At 1 January 2025 | 335,289 |  | 13,995 |  | 349,284 |  |

| Charge for year | 17,741 |  | - |  | 17,741 |  |

| At 31 December 2025 | 353,030 |  | 13,995 |  | 367,025 |  |

| NET BOOK VALUE

| At 31 December 2025 | 22,137 |  | - |  | 22,137 |  |

| At 31 December 2024 | 39,878 |  | - |  | 39,878 |  |

6. | FIXED ASSET INVESTMENTS

|  | Investment in subsidiaries |  |

| COST |  | £ |  |

| At 1 January 2025 |  | 1 |  |

| Writing off |  | (1) |  |

| At 31 December 2025 |  | 0 |  |

| NET BOOK VALUE |  |

| At 31 December 2025 |  | 0 |  |

| At 31 December 2024 |  | 1 |  |

| The company's wholly owned subsidiary, Silicone Fabrication Limited, was voluntarily dissolved during the year. Consequently, the related investment and associated payable balance of £1 were derecognised in the financial statements.

7. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 197,837 |  | 245,453 |  |

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

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

2025 | 2024 |

£ | £ |

| Trade debtors | 210,313 |  | 240,444 |  |

| Other debtors | 59,935 |  | 63,475 |  |

270,248 |  | 303,919 |  |

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

2025 | 2024 |

£ | £ |

| Trade creditors | 18,948 |  | 2,261 |  |

| Amounts owed to group undertakings | 6,859 |  | 6,859 |  |

| Taxation and social security | 9,858 |  | 8,970 |  |

| Other creditors | 31,620 |  | 21,740 |  |

67,285 |  | 39,830 |  |

10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Amounts owed to group undertakings | - |  | 1 |  |

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

| The Report of the Auditors was unqualified.

| Moganarden Chelvanaigum FCCA (Senior Statutory Auditor)

| for and on behalf of RAA AUDIT LLP

12. | FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENCIES

| Amounts not provided for in the balance sheet

| The total amount of financial commitments not included in the balance sheet is £27,000 (2024 :£63,000).

13. | RELATED PARTY DISCLOSURES

| The following transactions and year end balances that have been entered with the related parties are as below:

| Name of related party |  | Nature |  | 2025 |  | 2024 |  |

| Silicone Fabrications Limited |  | Investment |  | Nil |  | £1 |  |

|  | Debtors |  | Nil |  | Nil |  |

|  | Creditors |  | Nil |  | £1 |  |

| JMK International Inc |  | Purchases |  | £7,881 |  | £6,295 |  |

|  | Creditors |  | £6,859 |  | £13,154 |  |

| Jamak Fabrication Europe Limited (Registered number: 01336691) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2025

14. | PARENT AND ULTIMATE PARENT UNDERTAKING

| The company's immediate parent is Jamak International Inc, incorporated in United States of America.

| The ultimate parent entity producing publicly available financial statements is Jamak International Inc. These financial statements are available upon request from 1401 North Bowie Drive, Weatherford, Texas 76086 USA.

15. | DIVIDEND

| During the financial year, the company declared and paid a dividend of £173,500 to its shareholders on 14 April 2025 (2024: £Nil). The dividend was paid out of the company’s distributable reserves in accordance with the provisions of the Companies Act 2006 and the applicable requirements of FRS 102.

| The distribution has been recognised as a movement within equity and accordingly reduced the retained earnings balance of the company as at the reporting date. Management considered the company’s profitability, cash flow position, and availability of distributable reserves prior to approving and making the dividend payment.

| No dividends remained unpaid or outstanding as at the year-end.