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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Mercedes-Benz Retail Group UK Limited is a private company limited by shares incorporated in England and Wales. The registered office is Delaware Drive, Tongwell, Milton Keynes, MK15 8BA.

These financial statements for the year ended 31 March 2026 are the first financial statements of Mercedes-Benz Retail Group UK Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2024. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £'000.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The Company has ceased its principal activities and the financial statements have therefore been prepared on a non-going concern basis. The Company will remain in existence, pending dormancy at a future date.

In this context the director has considered whether the carrying value of any of the Company's assets at the reporting date were impaired, where the Company has any onerous contracts that should be provided in full, or if there are any other additional liabilities arising as a result of not preparing the financial statements on a going concern basis. No adjustments were required to the carrying value of assets and liabilities as a result of these considerations.

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, which include loans to fellow group companies, 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.

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.

Basic financial liabilities, including creditors that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

In the application of the company’s accounting policies, the director is 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 following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

The director has made a significant judgement relating to court cases that the company is included in and in his view, as outlined in note 8 the amount is currently not measurable and therefore no provision can be estimated.

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

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

In our opinion the financial statements:

• give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its loss 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.

Emphasis of matter

We draw attention to Note 1.2 of the financial statements, which explains that the director intends for the company to cease trading and become dormant pending potential liquidation of the company and therefore does not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern. Our opinion is not modified in this respect of this matter.

Consumer class actions were filed against the Company, further Mercedes group companies in the UK, Mercedes-Benz Group AG and Mercedes-Benz AG (collectively ‘the Defendants’) in the United Kingdom since May 2020.

With regard to the Company and the further Mercedes-Benz group companies in the UK, the plaintiffs assert inter alia breach of contract and breach of consumer regulations based on their claim, that the Mercedes-Benz Group had used devices that impermissibly impair the effectiveness of emission control systems in reducing nitrogen oxide (NOX) emissions and which cause excessive emissions from vehicles with diesel engines. Furthermore, they claim that the Mercedes-Benz Group deceived consumers in connection with advertising in relation of Mercedes-Benz diesel vehicles. The proceedings in England and Wales consist of several individual lawsuits that have been consolidated into one class action. A class action lawsuit is also ongoing in Scotland. In these proceedings, allegedly injured parties must actively register for the enforcement of claims (opt-in). The plaintiffs in the consumer class action in England and Wales also allege, amongst others, anti-competitive behaviour relating to technology for the treatment of diesel exhaust emissions. In addition the Director is aware of a potential additional case linked to the outcome of the consumer class action.

The Director considers that in the event that the plaintiffs are successful and damages are awarded that these would be met by Mercedes-Benz AG. Accordingly this matter is regarded as a contingent liability in these financial statements.

The Director understands that if such legal proceedings have an unfavourable outcome, Mercedes-Benz AG may encounter substantial financial burdens.

With respect to the legal proceedings described above, no further information is disclosed, so as not to prejudice the position of the Company, and other defendants

The Company facilitated financing arrangements for customers and earned commissions from lenders on those arrangements. In January 2024, the Financial Conduct Authority (‘FCA’) announced a review of motor finance commission arrangements. In the meantime, there have also been a number of motor finance commission related court decisions, with the most recent being the Supreme Court decision in August 2025. In March 2026, the FCA published a Motor Final Redress Scheme (the ‘Scheme’) for consumers. The Scheme set out that lenders would be liable to redress consumers rather than any other entity such as the brokers. The Scheme has been challenged by lenders and a consumer group. As these challenges have not yet been resolved, the Company does not have sufficient certainty over the nature, timing or value of any potential financial impact to be able to estimate the liability, if any, that may arise for the Company. In any case, it is anticipated that no liability will attach to the Company and therefore no liability has been recognised in respect of this matter.

The Company's immediate parent undertaking is Mercedes-Benz Holdings UK Limited.

The Company's ultimate parent company and controlling party is Mercedes-Benz AG which is incorporated in Germany and heads the only group in which the results of the Company are consolidated for statutory purposes. The consolidated accounts of Mercedes-Benz AG are available to the public and may be obtained from their corporate website.