UNIGESTION (UK) LTD.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Moore Kingston Smith LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company meets its day-to-day working capital requirements through a Board approved budgeting process along with producing ICARA and liquidity documents which are filed with the FCA. UUK operates a business model with moderate risk when compared to the industry standard for an investment manager. The different risks faced by the Company are detailed on pages 4 and 5 as part of the Strategic Report. For the size of its business, the Company remains highly capitalised and its balance sheet is strong, mainly funded by shareholder's equity and invested in liquid assets. In the ICARA, the Company considered the main risks facing the company as well as the risk management framework. Through a test scenario, UUK assessed the impact that a reduction in assets under management due to significant redemption by the largest client had on its capital position over a three-year period. The Stress Test results were positive throughout the test period, demonstrating UUK's capacity to survive through at least three years of "shock" to its business. The resilience of UUK is also linked to the fact that a significant portion of revenues comes from the transfer pricing global allocation. The Company's business activities, together with the factors likely to affect its future development, performance and position are set out above. The financial and liquidity position of the Company are reflected on the balance sheet. The Company has considerable financial resources and on-going investment management contracts. As a consequence, the directors believe that the Company is well placed to manage its business risks successfully and have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”

Significant events

• “In the context of a Unigestion Group initiative started in September 2024 to separate its individual business lines, UUK will become a pure Equities business. Unigestion PE UK Ltd, a Company dedicated to Private Equity, has been incorporated in England and Wales on 4 March 2025. UUK will be transferring its Private Equity activities and team to this newly created entity, which will become an Appointed Representative of UUK, allowing it to carry out FCA regulated activities under the responsibility of UUK as the Principal, until it will be granted its own FCA authorisation as an autonomous financial services firm. In addition, Kepler Cheuvreux and Unigestion have entered into a strategic partnership in February 2025 to establish a joint asset management Company in Switzerland specialising in quantitative strategies for public equities. In a first phase, Unigestion SA will transfer its equities assets under management in the form of mandates and investment funds, while integrating its entire equities team within Kepler Cheuvreux's operational infrastructure. In the second phase, the two partners intend to create a new jointly-owned entity alongside the management team, with the objective of accelerating the development of this business, notably through external growth initiatives. As a consequence, this new entity will become the new shareholder of UUK.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

2

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.