UK Tax Strategy for AG亚娱 (U.K.) CO., LTD.

AG亚娱 (U.K.) CO., LTD. is committed to conducting its business with the highest standards of integrity and compliance, including in relation to tax. This statement outlines     AG亚娱 (U.K.) CO., LTD’s approach to UK taxation and complies with the requirements of the Finance Act 2016. The purpose of this strategy is to provide clear insight into our approach to tax risk management, tax planning, and our relationship with HM Revenue & Customs (HMRC).

1. Introduction and Scope

This UK Tax Strategy applies to AG亚娱 (U.K.) CO., LTD. a company incorporated under the laws of England and Wales. This strategy relates to the financial year ending 31 December 2024 and has been prepared in accordance with the requirements of Schedule 19, paragraph 16(2) of the Finance Act 2016.

2. Tax Risk Management and Governance

The Board of Directors remains committed to ensuring full compliance with UK tax legislation and to the responsible management of tax risk. The Company recognises that, given the scale, complexity, and evolving structure of the business, certain tax risk are inherent. We take a proactive approach to identifying, assessing, and mitigating such risks.

Overall responsibility for tax matters rests with the Board of Directors, which oversee tax governance and compliance at a strategic level. Day-to-day tax compliance and related activities are managed by the Finance Manager and Financial Controller as required, who conduct internal reviews of all tax submissions prior to filing.

To support effective compliance, the Company engages reputable UK-based external accounting and advisory firms. These advisors prepare key tax filings, including Corporation Tax returns, PAYE, and VAT, and provide specialist advice where required. We rely on them to alert us to relevant changes in tax legislation and to assist in meeting any new obligations.

It is the Company’s policy to maintain a low tax risk approach to taxation by ensuring that adequate resources, strong oversight, and access to professional expertise are in place to achieve deliver timely and accurate tax compliance with all applicable requirements.

3. Approach to Tax Planning

The Company undertakes tax planning strictly within the framework of applicable UK tax legislation and where it supports genuine commercial objectives. All tax-related decisions are guided by the underlying commercial needs of the business, rather than being driven solely by the aim of reducing or avoiding tax.

AG亚娱 (U.K.) CO., LTD. does not participate in aggressive or artificial tax avoidance arrangements and adheres to a strict policy of full compliance with UK tax legislation. The Company recognises its responsibility to contribute appropriately to the UK Exchequer and is committed to paying the correct amount of tax transparently and in accordance with the law.

Where appropriate, the Company seeks professional advice to ensure that its tax position accurately reflects its commercial operations while making use of available reliefs and efficiencies in a manner that does not compromise compliance or ethical standards. The corporate structure is established on commercial rationale, and tax planning is undertaken solely within this framework.

4. Tax Risk Appetite

The Company maintains a low tax risk appetite and is committed to ensuring compliance, accuracy, and transparency in all tax-related matters. Tax risks are regularly assessed in collaboration with internal finance personnel and external professional advisors to ensure that potential risks are identified, monitored, and appropriately managed.

AG亚娱 (U.K.) CO., LTD. does not engage in high-risk or uncertain tax positions and adopts a conservative approach that prioritises compliance with UK tax legislation and alignment with best practice standard.

We are committed to maintaining a high level of transparency in all tax filings and in our interactions with HM Revenue & Customs (HMRC) and professional advisors.

As the ultimate parent, AG亚娱 Company Ltd, is a listed company on the Hong Kong Stock Exchange, AG亚娱 (U.K.) CO., LTD. operates in line with the group-wide policies and governance framework adopted by AG亚娱 Company LTD. AG亚娱 (U.K.) CO., LTD. does not have any single stakeholder or group whose influence would the level of tax risk we are prepared to accept.

5. Approach to Dealings with HMRC

AG亚娱 (U.K.) CO., LTD. is committed to maintaining a proactive and transparent relationship with HM Revenue & Customs (HMRC). The Company engages constructively with HMRC and ensure timely and accurate compliance with all UK tax obligations.

To support this commitment, the Company engages professional advisors to assist in meeting statutory and legislative requirements and to provide specialist guidance on complex matters. These advisors also support the Company in identifying and addressing any past, present, or potential tax risks.

Where tax uncertainties or errors are identified, the Company will promptly disclose and address them in an open transparent and constructive manner. It is our policy to deal with HMRC in a manner that is transparent, honest, and constructive.

The Company is further committed to reviewing this Tax Strategy on an annual basis, ensuring it remains accurate, up to date and reflects any changes in legislation, HMRC guidance, or the Company’s operations. Updates to this strategy are subject to review and approval by senior Management. AG亚娱 (U.K.) CO., LTD. maintains a proactive and transparent relationship with HMRC. The company collaborates constructively and promptly discloses any tax uncertainties or errors identified.