CREST USD NOMINEE LIMITED

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the directors have formed a judgement, at the time of approving the financial statements, that there is a reasonable expectation that the Company has adequate resources to continue to operate for at least 12 months from the date of this report. The assessment includes the future profitability of the Group. The assessment of Euroclear UK & International Limited's future profits and capital base has been flexed under various scenarios. Following these assessments, the directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Ongoing geopolitical tensions around the world have caused widespread humanitarian suffering and has also had an impact on the industry. The numerous executive orders and measures cascaded down from US, UK and EU authorities have had far-reaching effects. The Group continues to-review and enhance the processes in place to identify, assess and implement specific sanctions where relevant and to strengthen its control framework. As a financial market infrastructure (FMI), the Group is also exposed to cyber risk, including the potential for direct attack on our own IT infrastructure or indirect attacks via a third-party providers.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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