Statement of Directors’ responsibilities

Responsibility statement of the Directors in respect of the Interim Report

Each of the Directors, whose names and functions are listed in the Directors and advisers section of this report, confirms that, to the best of his/her knowledge:

• the Interim Report includes a fair review of the development and performance of the business and the position of the Company;
• the interim consolidated financial statements have been prepared in accordance with IAS 34 Interim Financial Reporting and give a true and fair view of the assets, liabilities, financial position and results of the Company, and are in compliance with the requirements set out in the Bermuda Companies Act 1981 (as amended);
• the Interim Report includes a fair review of the information required by:

a) 4.2.7R of the Disclosure Guidance and Transparency Rules, being an indication of important events that have occurred during the first six months of the current financial year and their impact on the interim consolidated financial statements, and a description of the principal risks and uncertainties for the remaining six months of the year; and

b) 4.2.8R of the Disclosure Guidance and Transparency Rules, being all related party transactions that have taken place in the first six months of the current financial year which have materially affected the financial position or performance of the Company during that period and any changes in the related party transactions described in the Annual Report and Accounts that could materially affect the financial position or performance of the Company during the first six months of the current financial year; and

• the interim consolidated financial statements should be read in conjunction with the latest Annual Report and Financial Statements, which were prepared in accordance with IFRS. These financial statements provide the information necessary to assess the Company’s position and performance, business model and strategy, and are fair, balanced and understandable.

Affirmed independently and collectively by:

Christopher Samuel – Independent Chair
Richard Lightowler – Senior Independent Director
Fiona Beck – Independent Director
Kiernan Bell – Independent Director
Steve Pearce – Independent Director

Peter Dubens – Founder Director

Appointment of Auditor

During FY 2025, the Audit & Risk Committee¹ ran a competitive tender process to appoint a new auditor. Three firms were included in the tender process, with Deloitte Ltd. being appointed as the auditor of the Company from FY 2026. The appointment of Deloitte Ltd. was formally approved by the shareholders at the OCI AGM, held on 1 June 2026.