ASSOCIATED BRITISH ENGINEERING PLC DISCLOSUREOther Disclosures

Business / Consolidation

BASIS OF CONSOLIDATION The consolidated accounts include the Company and its subsidiary undertaking (from the date of acquisition or to the date of disposal where applicable). Intra group sales and profits are eliminated on consolidation. The accounts of the subsidiary undertaking are made up to 30 September 202 5. A subsidiary is an entity controlled, either directly or indirectly, by the Company, where control is the power to govern the financial and operating policies of the entity so as to obtain benefit from its activities. The acquisition method of accounting is used to account for acquisition of subsidiaries by the Group. The cost on an acquisition is measured as the fair value of the assets given, equity instruments issued, and liabilities incurred or assumed at the date of exchange. Acquisition costs are expensed in the consolidated income statement for the period in which they are incurred. The consolidated financial statements consist of the results of the following entities: Entity Summary Description Associated British Engineering Plc (ABE) Holding Company Akoris Trading Ltd (AT) Trading Company