PERRYS GROUP TAX STRATEGY

Objective

The tax strategy of Perrys Group Limited applies to all subsidiaries of Perrys Group Limited. The Group’s tax strategy, approved by the Board, is to sustainably minimise tax cost whilst complying with the law. In doing so the group ensures it acts in accordance with the following principles:

Management

The Board is ultimately responsible for setting the tax objectives. Taxation matters are reported to the board at its regular monthly meetings. An annual detailed review and assessment of taxation issues is reported and considered by the Board.

The Senior Accounting Officer (Chairman) is delegated by the Board to ensure compliance with the objectives and is supported by a team of appropriately qualified and trained financial process managers and independent financial experts.

K.Savage

Chairman