During the current year, the Company identified a discrepancy between the share capital balance recorded in the financial statements and the balance registered at Companies House. As a result, the comparative figures for the year ended 30 November 2024 have been restated. Share capital has been reduced by $95,670,235 from $199,800,001 to $104,129,766, with a corresponding reduction in the carrying value of investments.

P&P WireCo UK Holdings Limited (the "Company") is entitled to exemption form audit under Section 480 of the Companies Act 2006 for the year ended November 30, 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended November 30, 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) ensuring the company keep accounting record which comply with Section 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of he state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirement of the Companies Act 2006 relating to financial statement, so far as applicable to the Company.

The financial statement have been prepared and delivered in accordance with the Companies Act 2006.