Pender Software Holdings (UK) Ltd.

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—4

Registered number: 15953540

		31 December 2025		31 December 2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		3,203,538		3,203,538

			3,203,538		3,203,538
Creditors: Amounts Falling Due Within One Year	5	(25,806 )		(22,811 )

NET CURRENT ASSETS (LIABILITIES)			(25,806 )		(22,811 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,177,732		3,180,727

Creditors: Amounts Falling Due After More Than One Year	6		(2,339,039 )		(2,130,576 )

NET ASSETS			838,693		1,050,151

CAPITAL AND RESERVES
Called up share capital	7		2		2
Share premium account			1,102,860		1,102,860
Income Statement			(264,169 )		(52,711 )

SHAREHOLDERS' FUNDS			838,693		1,050,151

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

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

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Ampere Chan

Director

12th August 2026

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Pender Software Holdings (UK) Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 15953540 . The registered office is 6th Floor, 100 Liverpool Street, London, EC2M 2AT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis which the director considers to be appropriate for the reason that the Company has obtained the financial support letter from the parent company, for 12 months from the date of the financial statements approval. This letter confirms that the parent company has the financial resources available and will provide the financial support needed for at least twelve months from the approval of these financial statements. The director has assessed the parent company’s ability to provide financial support to the Company and is satisfied that they are able to do so for the foreseeable future.

As a result of the Company’s performance and financial position post year end, the director does not consider there to be any material uncertainty relating to the Company’s ability to continue as a going concern and have prepared the financial statements on a going concern basis.

2.3. Financial Instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities, such as trade and other debtors, creditors and loans to related parties.

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.

2.4. Foreign Currencies

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and nonmonetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.5. Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

The cost of the investments include the estimated amount of deferred consideration that is probable and can be measured reliabily, and is considered for adjustment at the end of each period for changes in deferred consideration after the acqusition dates.

2.6. 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.

Contingent consideration is charged against the cost of the fixed asset investments, and are revalued at the best estimate at each reporting date.

Other provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the

best estimate at the reporting 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 Statement of Financial Position.

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Pender Software Holdings (UK) Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Investments

	Listed
	£
Cost or Valuation
As at 1 January 2025	3,203,538

As at 31 December 2025	3,203,538

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	3,203,538

As at 1 January 2025	3,203,538

Investments in subsidiaries are measured at cost less accumulated impairment.

5. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 December 2024
	£	£
Amounts owed to group undertakings	4,855	2,062
Amounts owed to participating interests	20,951	20,749

	25,806	22,811

6. Creditors: Amounts Falling Due After More Than One Year

	31 December 2025	31 December 2024
	£	£
Amounts owed to participating interests	2,339,039	2,130,576

7. Share Capital

	31 December 2025	31 December 2024
	£	£
Allotted, Called up and fully paid	2	2

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Pender Software Holdings (UK) Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Pender Software Holdings Ltd . Pender Software Holdings Ltd was incorporated in Canada. Copies of the group accounts may be obtained from the secretary, Fasken Martineau DuMoulin LLP, 2900-550 Burrard Street, Vancouver, British Columbia, V6C OA3 . The ultimate controlling party is Pender Software Holdings Ltd who controls 100% of the shares of Pender Software Holdings (UK) Ltd. .

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