WORLD OBESITY FEDERATION IA Company Ilmlted by guarantèe) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 Company No.. 03802726 Charlty No.. 1076981
CONTENTS PAGES Legal and admlnislratlve Inforrnation Trustees, report 2-13 Independent auditors, report 14-16 Statement of Flnancial ActSvities 17 Balance sheet 18 Cash Flow Statement 19 Notes formlng pari of the financial statements 20-26
Tru5tee5 Dr Bruno Halpern IPresldent-Ele¢tl Professor Loulse Bavr Ipast Prègidentl Profe55or Jason Halford ITTeasurerl Dr Kyoung-Kon Klm. Appointed M5. Amber Huett-Gar¢ia Mr. Stephen Odhiambo Ogweno Professor Dieter Kent BUSÈ Professor Nlck Finer Professor Volkan Yumuk Professor Fablo Trulhllo. Appolnted 13 February 2025 Dr. Karen Se31ey. Appolnted l March 2025 Sherlyn Celone.Arnold. App¢)Inled 16 July 2025 Dr Ricardo Cohen. Appointed i December 2025 Professor Karlne Clement. Reslgned l MaTch 2025 Dr Ada Cueva5. ReslEned l Deceniber 2025 Chalr Dr Simon Barquera IpresSdentl. Secrètary Mrs Johanna Aa15ton. CEO Mrs Johanna Ralston Company Reg15tered Number 03802726 Charlty ReglstÉrÉd Number 1076981 Audltors Xeiftadin Audlt Limited Chartered Accountants and Statutory Audltors Nl8hilnBale House, 46-48 East St, Epsom KT17 IHQ Prlncipal Offlce Address 3 Waterhouse Square 138- 142 Holborn London ECIN 2SW Prlnclpal Banker HSBC Bank 156-157 Tottenham Court Road London WIP 9U Sollcltors PenninElons Sollcltors LLP da Vlnci House. Basing View, Baslngstoke Hampshlre RG214EQ The trustee5 have piepared thls report and financial Statements In atcordènce with the UK Companles Act 2006. the UK Charities Act 2011 and the Statement of Recommended Pracilce.. Accounting and ReptsrllnE by Charities IFRS1021
WORLD OBESITY FEDERATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER2025 Dear Colleague5, On behalf of the World Obeslty Federation, l am pleased to present our annual report for 2025. The global challenge of obeslty contlnuÈs to demand urgent, coordinated and sustalned 2Ctlon. Whlle pValente contlnues to rlse many re8ion5, 2025 was a year of strengthened momentum. ToÈethÈr wllh our members, parlners arnd advocates, we advanced global conversatlon, relnforced accountablllty, and elevated obesily as a cential prlority wSthln the wlder noncommunicable disease agenda. Throughout the year, we dellvered Impact through advocacy. research and collaboratlon. World Obeslly Day 2025 reached nearly 190 countrles, reframing obesity as a systems Issve and calling for structural change to create healthier envlionments. Through our'For Half of Humaniiv tampaign, we continued to hlghllght the urgent need for governments to respond to projection5 that by 2035 more than four billlon people wlll bè Ilvlng with overweight or obeslty. our engagement at global foiums, Includin8 key UN hnd WHO processes, ensured obe51ty remained flrmly on the Internatlonal health agenda. Our education and data initlatlves continuÈd to grow. Parllcipalion in SCOPE tralnlnE pfoBrammes expanded. 5tren8thenlng Cllnlcal leadership worldwide. Engagement with the Global Obesity Observatory remained stron& with approximately 2.4 million vislts and over one mlllion u5er5 la rise of over 200k tfsersl from more than 230 c04Jntries, Islands and terrltorles, reinforclng Its volue as a trusted iesource for policymakeTS and researchers. At the heart of all our work is our growlng network of members. In 2025. we welcomed 13 new member organisations, bringing our total to 122 acr055 125 countries and territories. We also saw leadÈrshlp tiansitions within our governance, with a new Member at Large and reglonal represenlatlves taklnE on key roles to help guide our Strategy forward. As we look toward 2026 and beyond, our new three-year 51rateBi¢ plan will guide our efforts to strengthen natlonal action, support implementatlon of WHO'S Accèlerallon Plan to Stop Obesity, and ensure equitable acce5S to prevention and care. We iemaln committed to advancing evidence-based solutions that address systems, reiluce stigma and improve health outcome5 worldwide. l extend my 51ncere Bratltude to Qui Board member5, volunteers, membeis and staff. Your dedication contlnues to drlve meanln£ful progress in our 5haTed mission. Your5 Slnrerelv* Slmon Barquer4 Piesldenl
WORLD OBESITY FEDEIL4TION TRUSTEES REPORT FOR THB YEAR ENDBD 31 DECEMBER 2025 Legal statu5 Of the World Obeslly FederatFon The World Obesity Federation Iherelnafter World Obosltyl was Incoiporated In the Unlted Kin8dom on 8 July 1999 and Is prlvate company limited by guarantee (company registiatlon number 038027261- World Obesity15 governed by Its Memorandurn and Articles of Assoclatlon, as updated most recently on 12 july 2023. World Obesity is a registered charlty (charity number 107698113nd Is not empowered to make financial distributions to its members. Strateglc goals In Ilne wSth Its professlonal membershlp and Its charltable slalus, World Obesity aims to lead and drive global efforts to reduce, prevent and treat obeslty. World Obesity's vision is to create and lead a global community of organisations dedicated to Solving the problems of obesity. The strateglc goals of World Obesity are.. Lead global advocacy for obeslty. Convenè stakeholders globally. Train and build capacity in obesity. Collect and dlssemin3te knowledge on obesity. Actlvltles and achlevement5 A wide range of actlvltles are undertaken to 5UPPOft the strateEIC Eoals. includSng: Membershlp Global policy development and advocacv Convening leaders and experts World Obe51ty Day and the World Obesity Day Atlas Cllnlcal Education ISCOPEI Management & Advocary for Providers, Patients and Sy5tem5 IMAPPS) Collecting and di55eminating knowledge on obeslty- Journals Global Obe51ty Observatory Further detalls on each of these actlvity areas ère piovlded bèlow-. Membership World Obesity Fedeiation has a remit of represenling its members throu8hout the world, advocatlnE for s¢lenllnc and global approaches to obeslty management, trÈ4tment, pallent care, prevention and awareness. A total of 13 new organisations lolned World Obesity in 2025, followlng a successful applicatlon process and approval by the Board of Trustees. all of whlth were arcepted at the A5SOClate Membership Brade with olle beTng approved as a Full Member. A fuither 2 applications were rejected by the reviewing bodles. World Obesity's new members In 2025 were.. Malayslan Society of Obeslly, Volces oFAdvo¢acyi 8razil, los Fresnos Foundatlon, Ecuador, Assoclatlon Of Endociinologi5ts IAMEI, Italy, Italian Assotiation of Dletetlcs and Cllnlcal Nutrition IADII, Italy, Assoclation of Dlabetologisls IAMDI, Italyi Emlrales Dlabetes and Endocrine Society IEDESI, UAE, Eminence Associates for Social Development. Bangladesh, KARUCAN Foundation, Uganda, Natlonal Health Actlon Force, Nop31 INHAFNI, Obesity And Medical Dlsorder5 Committee of Chlnese Non-Government Medica Institutions Association ICNMIAI, China, South Aslan Obeslty Forum, Nepal and Desmond Tulv Health Foundatlon, South Afrlca.
WORLD OBESITY FEDERATION TRUSTEES REPORT FOR T} YEAR EnED 31 DECEMBER 2025 There are four regional orBanisatlon5 Wlth afftllatlon to World Obeslty.. the Asia Oceanla Assoclallon for the Study of Obes5ty IAOASOI, the European Assoclatlon for the Study of Obe51ty IEASOI, the Latin American Fedeialion of Obesity Societies IFLASOI and The Obeslty Society ITOSI representlng North America. Work 15 undenvay to also establlsh a Middle East regional a550clatlon IMENAI, whlch wlll also be affiliated with World Obesity. Al the end of 2025, WOF could count on 122 member organisations over thiee grades181 Full Mèmbers, 37 Associate Members, 4 Regionall. These organisations were actlve In many of the areas promoted by World Obesity Federation for member5. Including SCOPE training. convening (via online and some physical meetingsli partlclpatlon in WHO processe5, and obesity data. The benefits of beSng part of WOF Include opportunlties to network and share resource5 and experiences wilh fellow professlonals, patlents, advocales and allies from all over the Wofld as well as inforrnatlon sharingi participating In events and roundtables, and ad hoc support. Other specific benefjts include.. Dlscounled Yegistiation fee5 to World Obesity event5 and the Internètlonal Congress on Obeslty IICOI Dlscounted subscription rates on the World obesltyjouinal5. World obeslty's Internatlonal Awards for Scientific Excellence. Invitatlon to attend our Annual General Meeting IAs50clate members In a non-voting capacity) Access to international policies* project updates and 51alistiC5 on obesity via the World Obeslty Data Portal. 50% dlscount on paywalled SCOPE E-Learnin8 courses and 25% discovnt on the SCOPE Acc¥editation fee for member5 as wèll as a¢¢ess to SCOPE Schools. Members e-newsletters and webinars. 20Yo Discount on Wlley publlcatlons 3nd 15% discount on medlcal book5 from wlsepress.com Invitation to bld for holding regional and International World Obesity Conferences. Opportunities to collaborate wlth World Obeslty on special projects and events. Invltation to bitl for holding re8ional and international World obeslty Conference5. Leadln8 Blobal advocacy for obeslty 2025 has been a definlng year for gltsbal obeslty advocaty. In the lead-up to the Fourth UN Hlgh-Level Meellng on Non- comniunicable Dlse?se5 INCDsl and Mental Health, Woild Obesity worked across iegional, multilateral and polltlcal platforms lo ensure oljesity was recognlsed as central to the global he31th, development and financing agenda. From the G20 in South Afrlca, lo Geneva, fiom Kigall to New York, we advanced a consistent mÈssagÈ.- obesity Is a chronic disease, a malor drlver of NCDS, and a defining equity issue of our tlme reoulring coordlnated, systems-level action wlth people at the centre. Global pollry development and advocacy World ObesSty's advocacy prlorltles contlnue to be focused on the recognition of obesity as both rlsk factors and dlseasÈ, and the need to priorltlse obesllywlthln systems- partlcularly health and food systems. In our capaclty as a non-state actor In offlclal relations with WHO, World Obeslty staff and members partlclpated in high-level meetings throughout 2025. Gltsbal NCD Alllance Forum - Kigall. Rwanda World Obes5ty staff and members h05ted 5e5510ns and delivered pre5entatlons on integratln8 obeslty more fully into the broader NCO agènda. Sessions focused on the need for multisectDral actlon, addre55inB financlng gap5. the double burden of malnutrltlon. and strategizing collectlve actlon ahead of thè UN High-level Meeting on NCDS. At theworld Obe51tyboolh, delegates engaged with advocates from other disease areas to share pollcy priorltles and all@n on acllons in support of WHO recommendation5 and global targets. Embeddlng Ilved experlence In global advocacy IMala8a to UNGAI In 2025 World Obeslly strengthened the role of people livingwith obe5ityin global policy processes. At ECO 2025 in Malaga, we co-hosted se5510ris Wlth GOPA and ECPO and delivered advocacy training to lived expÈfiènce repre5entatlves from 11 countrle%, preparing them for engagement In multllateral forums. These represenlatlves subsequently p2¥tlclpated In World Obes1tS activities at WHA78 and UNGA80, contrlbutlng to hlgh-level events and pollcy discu55ions. This woik ensured that Blobal advocacy on obeslty preveniion and care was informed by Ilved eXperIen and aligned with people- centered approache5.
WORLD OBBSITY FBDERATION TRUSTEES RBPORT FOR THB YEAR ENDED 3 1 DECEMBER 2025 World Health Assembly IWHA781- Geneva, Swltzerland At WHA78, World Obeslty convened stakeholder event5 and bilateral discusslons to hlghllght the urgency of obe51ty actlon within WHO and Member State policy processes. A flagshlp sesslon, "The Rlghtls) Approach.. Driving Action on Obesity and NCDS", brought together representatlves from UN a8Èncle5, governments. civil soclely, and Ilved experlence advocates to discuss rlghts-ba5ed, multlsectoral approaches to both preventlon and Care. and to reinforce commitments to Implementation of WHO recommendatlons. UN General Assembly IUNGA801 and Fourth UN Hl8h-Level Meetln8 on NCL15 and Mental Health- New YorK USA World Obesltls advocacy during the UN HIBh-Level Meeting week Included poll¢y engagement. public statements, and partlcip31ion in high-level side events to influence the polltlcal declaration and elevate obeslty within Élob31 NCD commltments. The FederatlOll'5 lived experience delegation spoke across multlple platforms including Science Summit, Economist Impact event5, and health policy roundt3ble5 to reframe obeslty a5 a chronic dlsease and soclal equity issue, advocating for integrated preventlon, treatment and people-centered approaches. Global ObesSty Forum 20Z5- New York, USA In paitnership wilh WHO and UNICEF, World Obeslty hr)sterl the Global Obesity Forum 2025 ahead of the HSEh-Level Meeting. Thls hl@h-level tonvenlng brought tQEether ministeis, global leaders, experts, and Ilved experience advocates to exchanEe evidence, stiategies and commitrnent5 for coordlnated action on obe51ty. Investlng In a¢tlon- flnancln8 the response Alongslde polltlcal advocacy, we advanced the case for Investment In obesity action. Through publishing ovr work on financln& we uMderstDred the'double dividend" of investing In weventlon and care improving populatlon health while piotectinB economic productivlty and health system sustalnablllty. MAPPS Roundtables- Toledo. Spaln and Cape Town. South Alrl¢a World ObÈ51ty convened MAPPS roundtables In Toledo and Cape Town, bTingln8 logether policymakers, clinician5, civil society repFesentatives and people Ilvlng wlth obeslty. Both meetings focused on identllylng pracllcal barrlers to Implemeniing national obeslty strategies, strengthening integration wlthin health systems, afid improving cros5-5ector coordinatlon. Common themes included the need for clearer accountability, 5UStainable financlng, and stionBer (Jala to support policy Implementation. Inslghts from both Toundtables are informlng ongolng country-level advocacy and engagement. Our thought leadershlp In 2025 World Obesity pub115hed a number of thou8ht leadership aTticles In high Impact lournals, working in partnership with global experts and a range of malor organlsations on PTlorlly Issues related to World Obesity strategic goals. Flrstly, a Commentary was published in Lancet Global Health making the case for increased recognitlon by countfles and thè wldèr global hoalth communltyof obe5ityas a chronic disease requiring multlsectoral actlon to develop preventloft, Management, and care. A further Comment piece was pvblished, led by the World Obeslty Pollcy and Prevention Committee. calllng out the 8bsente of meaningful reference to obe51ty In the draft declaratlons for the UN High Level Meeting on NCD5. WOF staff and membcrs of the Pollcy and Prevention Commlttee developed an updated Positlon Statèment on physical Activity and Obeslty, recognlslng the advance5 in evidence and changes in the wider context since the orlglnal in 2019. Thls PosltSon wlll be publlshed In Obesity Reviews in March 2026. Several members of the Policy and Preventlgn Committee were Involved in the Lancet Commission on Ultra Processed Foods, whSch launched In November 2025. A follow-on article proposlng how actlon on UPFS may be operationalised was developed by Pollcy and Prevention Committee members and wlll be published In sprlng 2026.
WOFLD OBESITY FEDERATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 08CT WoTld Obesily is part of a EuropE-wide research consortium on an EU Horizon-funded project Obesity.. Blological, Soclo- CvlturBI, 2nd Environmental Risk Trajectorles IOBCTI, which began in 2023 and runs to 2028. The project aims to advance current understandlng of gbe51ty risks and predictors and the role of soclo-ètonomlc status acr055 the Ilfe course, a5 well as determlnlnÈ the importance of speclflc obosity-related behavlours to prevent obesity at key Ilfe stages and the potential Impact of obesity-related pollcles on inequality. involves research centres acro55 Europe, with WOF Involved as the lead disseminatlon partner. In 2025 the WOF communications team produced content across soci81 media channels, includln8 video content from research teams and dis5eminatlon of early researth papers, achievlng 5ignilicantly increased audlence reach acr055 medla as well as readershlp of the blennial newsletter. The WOF team engaged wlth research teams regularly In online meetlnB5 to capture inslEhts from developing research lo share via the OBCT website, soclal media and in the newsletter, and in per50ri at the European Congress on Obe511y, and presenting 3t the OLICT Gener31 Assembly in Oslo in October 2025. WOF convened the fiist meeting of the OBCT Impact Advi5L)ry Board in October 2025, comprising a mlx of stakeholders to advise on dlssemination of project outputs, whlch will be followed by twice yearly meetings for thè project duration. World Obesity Day and the World Obesity DèyAtlas The theme for World Obesity Day 2025 wa5 'Changing systems, healthier live5. The goal was to shift the focus from Indlvldua15 to the 5YStems sh3plnÉ our health - from healthcaTe and government to food systems, media and the envlronment5 we live and work In. By centering these systen75, and amplilylnE the volces of people IlvlnÈ wllh obe51ty, we called for collective re5ponsiblllty and meanSngful change. The campalgn re3¢hed audiences In 187 ¢ountrie5, supported by a flaÈshlp film, reglonal 5torles from south Africa, the USA, and Trinldad & TobaEO, and dtsiens of Member-led events. Many countrie5 participated In 'Walk for WOD, and monuments and buildings were illumlnated around the world. Eftg3gement soared o¢r055 digital platforms and the potential media reach hit 7 bllllon. World Obesity were also able to provide seed grants to support slx countrles organi51ng actlvities around the world, and the Global Obeslty Coalition IWHO, UNICEF and WOFI hosted 3 virtual event fealurlrig a keynote talk from Peggy Vidot, Mlnlster for Health, Seychelles. The 2025 World Obe51ty Day Atlas Pfovlded new global and reglon41 estimate5 of prevalence of overweight and obeslty and major NCDS in adults frorn 2000 to 2030. The dat3 made clear that the world is olf-track to meet Elobal NCD target5 and emphaslsed that prioritlslng and actlng on obeslty is a critlcal opportunlly to reduce the global Impact of NCDS. The Atlag was completed by a series of national scorecards for 199 countrie5 for adult overwei8ht, non-communlcable dlsease. and policy responsès. Convenlng obeslty stakeholdeis globally This World Obeslty Day on 4 March, the Global Obesity Coalition hosted a Blobal weblnar on the themè of 'Changing Systems, for Healthier Lives,, crltically examining the Systems underlylng obpslty and NCDS and calllng for structural change to create he31thier Ilves for all. The event brought together 140 paitlcipants and Included government voices, UN agencies and clvll society to prevlew important new data* publicatlons and resource5 to help address obesity. In September, World Obesity representative5 attended and pariiclpated in a number of events with member5 and obeslty stakeholders at the 80th United Natlons General Assembly IUNGA 801 held in New York. Here. World Obeslty co-hosled the Global Obeslty Foium IGOFI along with WHO and UNICEF, ahead of the UN Hlgh-Level Meetlng on NCDS. Brlnglng together mlnlsteis, UN leaders, researc17ers, youth and Ilved experlence advocates, the Forurn created a rare space for multlsectoral dialogue and Shared purpose. Demand exceeded capaclty, under5CgFin8 the growing polltlcal momentum for coordlnated global action on obeslty.
WOBLD OBESITY FEDERATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Speakers included Dr Sirnon 83rquer8, Dr Joan Matjl, Slr Jeremy Farrar, Pau Gasol, and gttvernment rÈprÈsent8tlves from Egypt, Greeco, thè Phlllpplnes 3nd Mexlco - each hlEhliEhtlng both ihe urBency ol the crisis and the leadership already emerging across countries. Their contrlbulion5 rÈlnforced the theme of movlnE "from vrgency to unlly," rooted in just1, equlty, and Ilved experSence. Cllnlcal Educatlon1SCOPEI SCOPE had an exceptional year in 2025, contlnulng It5 rnission to provide world-class educatlon In obeslty management. We reached 701 SCOPE Cerliflcatlons and 451 SCOPE Recertlficatlons, maklng 2025 one of our strongest year5 for SCOPE Certilltatlon and reinforcing SCOPE'S growing global recognition as a benchmark for high-quality obesity educatlon. At the otstset of the year a 3-year SCOPE straleEY was produced, setting out prioritie5 to expand and strènÈthèn World Obèsltvs educational reach. In addltlon. the team strengthened the evaludtion mechanlsms to support SCOPE School dellveryl capturing dal3 regardlng change5 in knowledge, skllls, and confidence among health professlon85 participants to inform further strenEthening of the programme. In 2025, SCOPE a150 accrethited 17 external piogrammes, itTrcludlng national and regional congresse5, tralnlng courses, mentorship programmes, and postgraduate qualiftcatlons delivered across multlple countries and regions. These accreditarions ensured that evidence-b3sed obesity educallon was recogni5ed and accessible In è wlde range c*f formats and settings. SCOPE Schoo15 were delivered in Brazil, Chile, Chlna and Indlè. brlnglng togeihei healihcare professionals, researchers nd advocate5 for expert-led sessions. In Indla, two schools were delivcred with a strong focus on pafient-centred care: one in Mumbai Ifebruaryl and another in NÈW Delhi (October). Feedback fiom Mvmbal was particularly strong, wlth 100% of SUTveyed attendee5 reporting a positive change in thelr overall knowledge of obesity care, management and prevention, and 64% statlng11 had 'lncreased a lov,. The School in Chlle explored public health pollcyi clinl¢al pra¢li£e and obeslty-related ¢om¢rbidities, while Brazil focused on understandlng and managlng obesity through a global, evldence-based lens. The China SCOPE School, dellvered In partnership with the China Obesity Federation, provided evidence.based contènt tallored to the Chinese clinical context. Along51de face-to-face tralnlng, 2025 marked Important progie5s In stren8thening SCOPE'S E-learnlng currlculum. World Obesity began updating and expandlng several SCOPE E-Leaining modules. Includlng MAFLDIMASH and Obésity Ireflectlng upd8tÈd nomenclature and guidancel, Iwo new Pollcy and Advocacy modules, and a refreshed Management of Obesity in Adults module within the Core Learnlng Path ICLPI. Development also beeèn on Obesity and Prediabeles. a new supplementary rnodule. These updales will be released throughout 2026, expandlng the trriculuM across both clinical and policy domalns. In December, SCOPE launched the SCOPE HybTid Ma5tercla5s In Chlna, a new selle5 de5i£ned lo deliver high-qualityi evidence-based obesity educatlon through partnershlp with local organlsations. The hybrid formal comblned In-peison and online le2rnSng and wa5 delivered across four Cltle5.' Shanghai, ChenEdu, Guang2hov and Belling. Each session tofttrlbuted 3 SCOPE PoSnts for face-to-face attendance and 1.5 SCOPE PDlnts for online attendance. The Masterclass achieved 1,392 total registratiDns aftd 713 unique attendee5 across the four sessions, deliverins an overall attendance rate of 51.2%. Participation reflected strong nalional reèch, with the largest numbers from host citles (Chengdu.. 277, Shan8hai.' 106, Beijing.. 71, Guangzhou.. 531 and additlonal engagement from 20+ other citie5, ampllfylng knowledge dlssemlnatlon across Chlna. Suiveyfeedback hlghllghted increases in confidence and strong support for the format.. Yhis combination of online and offline formats is great. SCOPE a150 celebrated excellence in the fleld throu@h Its Fellowshlp proEramme. In 2025, Ihree leadlnE professlonals were recognised with SCOPE Fellowship5, the pro8ramme'5 hlghest accolade, for outstandlng contrlbutions to obesity care education 5pannlng cllnlcal practice, research, teachlne and advocacy. As Fellows, they serve as ambassadors for SCOPE withln thelr tountries ancl Internatlonally. We also continued to expand acces5 through the Core Learning Path ICLPI Scholarshlp scheme, awarding I,ODO schtslarships In 2025 to healthcare professionals In Australla, Brazll, Chlna, France, Geimany, Korea, Kuwait, Indla, Mexlco, Qatar, Saudi Arabla, South Afrlca, Spaln, and other tountrles. The s¢holarship provides free access to SCOPE'S comprehensivÈ eight-module CLP lusually priced at £lQOl, which covers the key aspects of obeslty management and forms the foundation of SCOPE Certilication.
WORLD OBESITY FEDERATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 ReflÈcling on 2025, we are proud of what has been achleved. Through strong certificatlon ovltomes, expan(ied deliveTy of SCOPE Sthools, the launch of the Hybrid Ma5teTclass series, contlnued investment in module development. and on8olng CLP 5chola¥ships, SCOPE has further strengthened Its posltion as a global leader In obeslty education and 15 helplng to deliver tangible Improvements In obesity care worldwide. while taklng carè to plan strategically for expansion and strengthening of delivery, and enhancing evaluatlon. Managèment & Advocacy for Provlders, Patlents and Systems IMAppsI In 2025, the second Ileratlon ol the MAPPS project was launched. MAPPS11 aim5 to Provide an updated understandlng of global health system5 and investigate the social and commercial deteTminanls of health and Inequitie5 in obesity care and preveation pathway5. In May 2025, three suryeys were launched to Eather insights from thTee stakeholder E¥oups.' healthcare professlonals,. public health expertsi pollcymakers, advocacy groups and clvil society, and people with lived experlence of obesity and their careglvers. By the end of the year, over 1600 survey rÈsponses were recelved from 83 different countries across the threè survey5. Additlonal MAPPS11 activitle5 Included the hosting of natlonal roundtables In SpaSn and South Africa where key actors In the obesity Space were convened, fostering collaboration and solutions- ftscu5ed discussion5 for addresslng obeslty. Collectlnu artd di55emlnatlng knowledge on obeslty- Journals World Obeslty publishes four sclentific, peer-revlewed journals, each focuslng on a dlfferent area of obeslty research: syslematlc reviews, pedlatrics, clinical treatment, and science and practice. The journals provide an excellent resource for those In the obeslty field and ralse the Standing and reputatlon of World Obesily. The World Obesity journals contlnue to thrive thanks to the efforls of thelournals, editors and associate edltor5, as well as the academlcs and clinicians submittinB artlcles. The Federation have enjoyed a good year In 2025 thanks to the flrst year of the new contract with Pvbllsher. WllÈy, with rnuch improved flnanci81 terms. Obesity Reviews remalned the top obesSty-spe¢lfl¢journal, with editorial support strategies to solidlfy its position. The table below shows thè Impact Factors of World Obesity'5 three subscrlption-based journals In recent year5: 2020 7.310 2021 9.213 ZO22 10.867 2023 2024 2025 Obeslty Reviews Ilmpact Factor) Pedlatrfcobesity Ilmpart Factorl 3.429 3.910 Cllnlcal Obeslty Ipredlcted Imp3Ct F2Ctor to 2022.1 Obeslty Sclence and Practlce *2.529 .2.993 N.8.. 20231for2022 IFJ Clarivote mude the declslon toshorten the Impact Foctor to Just one declmGlplGce. Obe511y Reviews Is the second highest ranked obe51ty journal by Impact Fattor and was the 18th hlghe5t ranked in the Enrjocrlnology & Metabolism field, out of 193 Isouice= Claiivate Journal Citation Reports). Twelve standard issues of the journal were published throughout 2025. Twelve15sues of Pediatrlc Obesity were published In 2025, Includlng one Special Issue on Recent developments related to Nutrition and Eatlng Behavioui, Pedi3lric Obesity was the 31st highest-ranked louinal out of 193 In Endoirlnology & Metabolism field and was ranked 5th oul of 191 in the Ileld of Pediatric5 (source.. Clarivatejournal citatlon Reports). SIX issues ol ClinScal Obeslty wefe published throughovt the year. cilnlcal Obesity received It5 third Impact Factor In the summer of 2025 (for the year 202tll. of 2.1. Obesltyscience and Practlce, the opÈn accèsslournal co-owned wlth The ObesllySoclety. published six Issues throughout
WORLD OBESITY FEDERATION TRUSTBES REPORT FOR THE YEAR ENDBD 31 DECEMBER 2025 the year. The journal received its second Impacl factor Sn the Summer of2024 Iforthe year 20231, of 1.9. Global Obeslty Observatory Duiing 2025, the Global Obesity Observatory had several key developments and saw another slgnlficant Increase in users, Increaslng almost 200k totally over I mllllon users and page views levelling at around 2.4 milllon views. Thesè developments Included.. CompTehen5ive global data and pollcy updates IncludlnÈ obeslty prevalence, obe5ity-relaied drivers and co- morbldltles Piesentallon maps- key maps updated, as well as new map5 added and mBde available foi (lownload Update on Uncler-5 child data across ihè Observatory Inclv51on of new Global Burden of Disease data, dietary and comorbiditv Tables linked directly to surveys Expansion of the cross-national survey data tralegoiiÈs and slgnlflcant update across surveys Work to update the data wlthln the database Is contlnuous. Over the course of 2025 the dala team added over15CI-200 updates. The number of users choosing to 51gn up to an accounl on the Global Obesity Observatory saw over a 3tJo% Increase with over 37k user5 Signing up Chailtablè objectives of World Obe51ty World Obeslty is registered in the Unlted Klngdom. World Obe51ty's charitable oblectlve5 are "to prtsmote the preservation and protection of heolth ond rellef of slcknessfor the public benefit in thefield of obesity ttnd its rÉlc7ted disorders by li} promotlng research. the d15semlnJtion of the results of such reseorch, ond exchonge of scientific informution In thefield of tsbesltylnternotionollyi (iij developNng o deeper understonding of how to achleve ond malntoln o heolthy bodyweight, and rnunfjglng undpreventlp)9 obesity ond its reloted conditions by those engaged in the study of obeslty. hEolthcore professionols. health related organisotions. governfftents the internotlontslcommunlty" Publ1¢ beneflt World Obeslty s activities continue to give IdÈntlfiable beneflts to the public. The trustees confiim that they have complled with duty under sectlon 17 of the Charities Act 2011 to have due regaTd to ihe Charily Commisslon'5 general guldance on public benefit and seek to meet World Obeslly's charltable purposes In following its objectives. There are no sl8nilicant chan8es planned to the actlvltles cairled out by the Charity in future pèriods. Structurej goveTnance and management The TrusteÈs IBoard tsf Trustees) The directors of the company are also tru51ee5 of the charity for the purpose of charity law, and, under the Artlcles of As50Cl3tion, are a150 known as members of the Board of Trusiees. The President-Ele¢r is elected by the General Councll to serve a term of six years in total; Iwo years as President-Elect, two years as President and two yeais as Past President. The Treèsurèr Is elected by the General Council to hold office for two years, whlth can be renewed for a furthei term of two years. The Vice-PTesident5 for each reglon are elected by their respective reglonal bodles. When a new trustee15 appolnted, the charity will provide 3 copy of the Trustees Pack whlch Includes Informatlon on: Role and SponsIbl11t1eS of a trustee. Misslon 3nd objectives of the orBanlsatlon. Legal status and governance. Organi5ational structure and staffing.
WORLD OBESITY FBDERATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Finance including expense clalm rules. Memorandum and Artlcles of Association The Charity's current Board is presently comprised of 14 members. The Board Is Te5ponsible for the straiegic dlrecrion and policles of thè charity. The Board of Trustees holds regular mÈètings and telÈtonference calls to discuss relevant Issues and make final decisions to feed back to the sub-commlttee5 and task forces. Relevanl senlor slaff membeTS are invited to attend certaln meetlVlBs in order to facililate operatlonal detall5. The Board of Trustees, wlth support from the relevant sub-commlttees, conslders organisational risk that World Obeslty may face, the strateglc position and any dlffltultiés the organF5ation may have in a¢hlevihg Its goals. Pay for key management personnel Is reviewed annually as part of the budgeiary process. Thls Is then reviewed by the board of trustees 2nd any Increase5 In pay are agreed upon withln trustee meetings. Remuneration for key management Is benchmarked agalnst the market and increases are currently based on merlt. General Councll The Board of Trustees has the power to make rules and reEulation5 consistent with the Articles of A5soclatlon and the Companie5 Act5 to govern the admlnistratlon of the Federatlon. Members of World Obeslty (the General Council) are entitled to send one representative per rnember organisation to attend the General Meeting5 personally or by proxy. and to vote on behalf of thelr organlsatlon. Nomlnatlons Commlttee The Nomlnatlons Committee conslst5 of the President, the President-Elect, the Past-President and three co- opted members. The Nomlnatlons Commlttee manaEe5 the nomination process of the President-Elect and the Treasurer. The Nomination5 Committee reports dlrettly to thè Boafd of Trustees. Flnance Commlttee The Finance Committee collate5 the yearly budget5 for approval by the Board of Trustees and rnonitor5 the performance a8alnst that budget during regular meetings throughout the year. The Finance Committee èlso consldÈrs the flnanclal rlsk World Obeslty may encounter and recommends 5trategles lo rnitigate any Identlfied rlsk. The Flnance Committee reports directly to the Board of Trustees. Publlcatlons Commlitee The Publications Committee manages thÈJournal portfolio of World Obe51ty. The Publications Committee meets at least twlce a year and focuses on increasing the irnpa¢t of World Obesity's journals. The Publicatlons Commitlee reports directly to the Board of TTUStÈes. Cllnlcal Care Commlttee The Clinical Care Committee focuses on management ol thp charity's educational pro@rammes for healthcare professlonals. The Cllnlcal Care Committee report5 directly to the Board of Trustees. Pollcy and Preventlon Commlttee The Poliry and Prevention Committee focuses on public health pollcy and advocacy work. It is supported in an advlsorv c3pa£lty by a Sclentlflc and Technic31 Advisory Network 15TANI of 54 expeTt members, including IOC early-career professionals. The Policy and PreventSon Commlltee reports dlreclly to Ihe Board of Trustees. The Sclentlfic Programme and ICO Liaison Committee 10
WORLD OBESJTY FEDERATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 The Sclentlflc Programme and ICO Llai5on Commlitee This is currently a dormant committee. A worklng group is being Set up to consider a new remit for thls committee. Management The day-to-day management and decision-making of World Obes1ty1s delegated by the trustees to the CEO. Employee partldpatlon World Obe51ty Is commltled lo employee engagement. A motivated and committed team ensures that all avenves to further the work of World Obe51ty are explored. World Obesity works hard to promote Intèractron and trust betwèén thè leadership and employee5, and to promote collaboratlve relationships through team bullding, cross-functional projects and tralnlng. Woild Obesltyseeksto understand and appreclate dlfferent perspecllves and to ad(Jre55 employee concerns and Issues. In addition, World Obesity encourages, celebrates and recognises the excellence of Ehe team and actively sollclts employee feedback and evaluates and recommends strategie5 for Improvlng employee engagemenl. Rlsk management Using the risk register which is reviewed by the Trustees at each quarterly Meetin& management has assessed the malL)r risks to whlch World Obesity is exptssed and has devploped mitigating strategles to reduce thelr Impact to an a¢¢eptable level.. Rlsk In5ufflciently diverslfled soulS of Income and the Impact of losing one or mole sources of income Mltlgatlon Re5Etve5 are held to cover one yeai'5 operational expenditure of Ihe charlty. FundlnB diver5ification programme inltiated In 2023 'Stepped' approach that allows for sc81è of activities to increase if fundlng becomes available. Inadequate Te50urcing for malor core actlvitles e.g. ICO 26, World Obeslty Day. Golng Concern The trustÈe5 have considered ihe chailty's ability lo conlinue as a golng concern to assure themselves ol the validliy of this assumption when preparlng the accounts. In maklnÈ thls a55e55rnent, they have taker¥ into account all avallable informatlon about the futtsre for al least twelvè month5 from the date the accounts are approved. New funding ¢olltiTrues to be won, and other area5 Ilke the Scope Schools and publication continue to expand. The trustees contlnue to believe that the GoinE Concern assumption Is appropriate for the following rè3gons'. World Obesity is hl8hly regarded within the field of obeslty and the only obeslty organisation in official relatlons wlth WHO, wlth strong exi51ing ielationshlps wlth many key funders within the sector. Reserves Policy The trustees review thelr re5etve5 pollcy annually to pn5uie that it reflects the changing position of the Charity and its operatlng conteyl. Tru5tee5 have considered the following factors when setting their reserves level: World Obeslly Federation is highly regarded wtlhln obesity and the only obesliy organi5ation In officlal relations wlth WHO, with strong existinE relationshlp5 With many key fundets within ihe sector. The charlty engaged with these fundeis to see If they could provlde support. Trustees believe that reserves should be Set ot a level sufficient to be enough to cover l year gf the Charity'5 operating expenses. Bèsed on antlclpated 2026 operatlng expendlture of £1.4m, unrestricted reserves of £1.4m as at 31 December 2025 are in line wlth this approach.
WORLD OBESITY FEDERATION TRUSTEES REPORT FOR THB YEAR ENDED 31 DECEMBER2025 Although Tfijstees COAlinue to believe World Obesityls a Goin8 Concern, In line with the Charity Commission's iequirement that any Charily should be able to dissolve In an orderly fashion, they have delermlned that World Obeslty Federatlon should retain a minimum level of unre5trlcted reserves of E350k to ensure this. Investment policy The trustees perlodlcally revlew the policy for investlng Ihe lunds of the charity. It ha5 been declded that In the current phase of the World Obesity Federation's development, funds will bè relained as cash to ensure that the actlvllles of the federation are adegualely funded. Monie5 will be put on to I to 6 month's deposll. Flduclary responslbllltles The trustees, who are a150 directors of the World Obeslty Federation for the purposes of Company law, are re5ponslble for preparing the Tru5tees' report and the financial statements In at¢ord3nce with applicable law and United Kingdom Accounting Standards Iunlted Klngdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare tTnancial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and the group and ol the Incomlng iesources and appllcation of resouices, Including the income and expenditure, of the charltable group for that period. In preparlng these flnanclal statement5, the trustees are required to.. Select 5ultable accounllng policles and then apply them consistently. Observe the mèthods and principle5 in the Charities SORP. Make judgemenls and estimate5 that are reasonable and prudent. Prepare the financial slatements on thÈgDlng concern basi5 unless it is inappropriate to pcesume that the chèrltable ¢omp8ny will continue in business. The trustees are responsiblc for keeping proper accouTrting records that disclose wilh reasonablè acturacy at any lirne ol the flnantial position of the charitable company and group anil enable them to ensure that the financial statements comply with the Companles A¢t 2006. Théy aTe 3150 responsible for safeguarding the assets of the charitable company nd the 8roup and hence for taking reasonable steps for the preventlon and dèleclion of fraud and other irregularitie5. The trustees are respon51ble for the malntenance and Integrliy of the corporate and financial informatlon Included on the charltable Company's website. Leglslatlon In the UAlted Kingdom governing the Preparation and dlssemlnatlon of flnan¢lal statements may differ from legisl8tSon in otherjurisdictions. In so far as we are aware.. There Is no relevant audit informatlon of which the charitable company and grovp's audSlof Is unaware,. and The trustees have taken all steps that they ought to have taken to make themselves aware ol any relevant audit information and to establlsh that the auditor Is aware of that Information. Flnanclal Overvlew The net positlon for the charity was a SUTplvs of £407,622 In 2025 compared to a surplus of £124,050 In 2024. At the end of the year a revlew of our reserves was undertaken. Thls resulted In a ioial free reseive (excluding net book value of fixed assets and deslgnated nds> of £1,393.066 at the year end. 12
WORLD OBESITY FEDERATION TRUSTEES REPORT FOR THE YEAR ENDED 31 DBCEMBER 2025 The principal Income Sources for the cha¥lty In 2025 were as follows: Evropean Commisslon and UK Government Innovate IouTnals Cllnlcal Educatlon ISCOPEI Research Membership and Donatlons Events Global Programme and Policy MAPPS Research Other 34,927 512,150 718,437 40.649 473,152 163.908 230,662 175,147 57,573 13
WORLD OBESITY FEDERATION AUDITORS REPORT FOR THB YEAR ENDED 31 DECBMBER 2025 Report of the Independent Audltor5 to the Members of the World Obeslly Federation (Reglstered number.. 038027251 Oplnion We have audited the flnanci81 statements of World Obesity Fedèratlon (the 'charitable company'l for the year ended 31 December 2025 whlch cornpilse the Statement of Flnancial Actiwtles, the Balance Sheet, thè Cash Flow Statement and notes to the Ilnanclal statements, includlng a summary of siEnifl¢ant accountlng policie5. The financial reporling framework that has been applled In thelr preparation is applicable law and Unlted Kingdom Accounting Stand31ds (United Kingdom Generally Accepted Accounting Practice). In our oplnlon the flnanclal statements- Glve a true and falrvlew of thè statè of the chaTltable company's alfalrs as at 31 December 2025 and of Its Incoming resources and application of resources, Inclvding its income and expendllvre, for the year then ended. have been properly prepared in accordance wlth Unlted Kingdom Generally Accepted AccountSng Practlce., and have been prepared Sn èc¢ordance with the Tequirements of the Companies Act 2006. 8asi5 for opln5on We conducted our audlt in accordance wlth InternatSonal Standards on Auditing IUKI IISAS IUKII and 3ppllcable law. Our responslblllties under those standards are further described in the Auditors, responslbllitles for the audlt of the fln3ncial staternenls Section of our report. We are Independent of the charitable comp3ny in accordance with the ethlcal requirements that are relevant to our audit gf the financial 5tatemenls In the UK, including the FRC'S Ethlc31 Standard, and we have fulflllèd our other ethical re5pon5ibilitie5 In accordance with these requirements. We belleve that the audit evidence we have obtained is sufficient and approprlate to provlde a basis for our opinion. Conclusions relatlng to golng concern. In audltlng thè flnancial 51atement5, we have concluded that the tcustees, use of the 8oln8 concern basis of accounting in the preparation of the Ilnanclal statements Is approprlètè. Based on the work we have performed. we have not identified any mateil31 uncèrtalnlies relating to events or condltlons that, indlvldually or collectively, fflay c85t significant doubt on the charitable company's abllity to continue as a going concern for a period of at least twelve months from when the flnanclal statements are authorlsed for issue. Our responslbllities and the responsibllitie5 of the tru5tee5 With respect to Bolng ¢oncein are de5crlbed In the relevant Sections of this report. Other Informatlon The trustee5 are re5ponslble for the other Informatlon. The other Inlormatlon romwises the Information included in the Annual Report, other th3n the flnanclal statements and our Report of the Independent Audltors thereon. Our opinion on the financlal statements does not cover the other Informatlon and, Èxcept to the extent otherwlse explicitly stated In our report) we dc) not expies5 any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responslblllly Is to read the other informatlon and, In dolng so. conslder whether the other Infoimatlon is materially In¢onsi5tpnt with the financial statements, or our knowledge obtained in the audit Dr otherwise appears to be materlally misstated. If we Identlfy such material inconsistencies or apparent malerlal mlsstatements, we are reqvired to determine whether this gives rise to a material misstatement in the rinanclal statèments themselves. If, based on the work we have performed, we conclude that there is a material mlsstatement of this other Informatlon, we are requlred to report that fact. We have nothing to report in thls regafd. 14
WORLD OBESITY FEDERATION AUDITORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Oplnlons on other mattérs prescribed by the Companles Art 2006 In our oplnlon, based on the work undertaken in the course of the audlt.. The informatioft given in the Report of the Tiuslee5 for the financial yeaT for whlch the financial statements are prepared15 consistent wlth the financial statements,. and The Reptsrt of the Trustees has been prepaied In accordance wlth applicable legal requirements. Matters on whlth we are rÈqvlred to report by exceptlon. In the Ilght of the knowledge and understandlng of the charitable companyand11s envlfonment obtained in the course of the avdlt, we have not identifled material mi5Statemenls In Report of the Trustees. We have nothlng to report In respert of the followlng matters where the Companie5 Act 2006 requires us to report to you If. in our opinion-. adequate ac¢ountlnE records have not been kept or returns adequate for OUT audit have not been received from branches not visited by us- or the financlal slatemenls are not In agreement wlth the accounting records and returns,. or rlaln disclosures of irustees, remuneratitsn speclfled bylaw are not made,. or we have not recelved all the Information and explanations we iequSre for our audit: or the trustees weie noi èntitlod tts take advantage of the small companles, exemptlon ffom the requirement to prepare a Slrateglc Report or in preparinE the Report of the Trustees. Responsibilltles of trustees As explained More fully In the Statèment of Trustees, Respons5bllltles, the Irustees Iwho are also the direct015 of the charitable company for the purposes of company lawl are responsible for the preparation of the financlal statements and for being sat15fied that they glve a true and fair view, and for such Internal control as the trustees determine is necessary to enable the preparation of financial stalement5 that are free fiom material mlsstatsment, whether due to fraud orerror. In preparlnE the financial statements, the trustees are responslble for a55e55inB the charilable company's ability to contlnue as a going concern, disclosing, as appllcable, matters rèlated to going concern and usir)g the going concern basls of accountlng unless ihe trustees either intend to Ilquidate the chaTlt3ble company or lo ¢ease operation5, or have no reali51ic alternative but to do so. Our responsibillties lor the audlt of the flnanclal slatements Our objectives are to obtaln reasonable assurance about whether the financlal Statements as a whole arè free from matèrlal mlsstatèment, whether due to fraud or error, and to issue a Report of the Independent Auditors that Includes our opinion. Reasonable assurance Is 3 high level of assurance but is not a guarantee that an audit collducled In accordance with15As IUKI will alway5 detect a mate¥lal mi55taternent when it exlsts. Mlsstatèmènts ¢3n arise from fraud or error and are consldered material If. Indlvidually or in the aggreghte, they could ieasonably be expected to Influence the economlc decislons of users taken on the basls of Ihese financial 5tatemenls. The extent to whlch our procedures are capable of dètÈcting irregularlties, including fiaud, 15 detailed below.. Idenllfy and asses5 the rlsk of mateilal m155tatefflenl of the financial statements, whether due to fraud or error. deslgn and perform audit Procedures responslve to those risks, and obtain audit evidence that Is sufficient and appropriate to provide a basis for our oplnlon. The rlsk of not detectlng 3 material mi55talement resulting from fraud is higher than for one resultlng from error, as fraud rnay Involve ¢ollusion, lorgery, Intentional mlsslons, mlsrepresentatlons or the overrlde of ITlternal contiol. Obtaln an un6erstaRding of inlernal control relevant to the audit in order to design audit procedures th3t are appropriate In the tlrcumstances, but not for the purposes of expressinE an oplnion on the effECtivene55 of the company's internal ontrol. 15
WORLD OBESITY FEDEPATION AUDITORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 Evaluale the approprlatene55 of accounling pollcies used and the reasonablÈness of accounting estlmates and the related dlsclosure5 made by the directors. Conclude on the appropriateness of the dlrectors, use of the going concern basls of accountlng and, based on the audlt evidence obtained, whether a n)aterial vncertainty exists related to event or condltlons that may cast slÈnlfi¢ant doubt on the company's abilily to continue as a going concern. If we conclude that 3 material uncertainty exists, we are required to draw attentlors In our audltor's repprt to the related disclosure in the financial statements or, if such dlsclosures are Inadequate to modify our opinion. Our concluslons are based on Ihe audlt evidence obtalned up to the date of our auditor'5 Teport. However, future events or conditions n7ay c3use the company to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the flnantlal statements, including the disclosures, and whether the financial statements repwesent the underlyln8 tiansactions and events In a manner that achleves falr presentation. A lurther descripllon of our responsibilities for the audit of the flnanrlal staternents15 located on the Flnanclal RepoTtin8 Council's website at www.frc.org.uv3udltorsresponslbllltles. This description forms part of our Repoit of the Independent Auditors. Use of our report Thls reporl is made solely to the charltèble company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our aud1t work hès been underiaken 50 that we mEht state lo the charltable rompanY5 members IhDse matters we are requlred to state to them In an a¢Jdltors' report and for no other purpose. To the lullest extent permitted by law, we do not occept or a55ume re5PQflSibility to anyone other than the charitable company and the charltable company'5 members as a body, foi our audit work, for thls report, or for the oplnlons we have formed. Signed.. Hazel Day Bsc FCA DChA Isenlor Statutory Auditor) for and on behalf of Xelnadin Audlt Llmlted Chartered Accovntanls and Statutory Audltors Nlghtlngale House 46-48 East St. Ep50m Kf17 IHQ Date.. &?161alE, 16
WORLD OBESITY FEDERATION STATEMENT OF FfNANCLAL ACTIVITIES CKARITY {IncoTporating Income and Expenditure a¢¢oullt) FOR THE YEAR BNDED 3 1 DECEMBER 2025 Restrlcted Funds Unre5trlcted Funds 2025 Total Funds 2024 Total Funds INCOMING RESOURCES IncomlnB resource5 from 8enerated funds.. Voluntary Income Donations and le8acles Actlvlties for generating funds., Congress and Events Royaltles and other Income Investment Income Investment Incomè Incomlng resources from Charltable A¢tlvltles: Pollcy Educatlon Research Membershlp Notes 432,750 432,750 205,039 48,271 514,634 48,271 514,634 748,191 271,684 55,089 55,089 6,899 261,543 116,205 222,998 261,543 830,918 222,998 40,402 13,OQO 702.803 90.292 50,379 714,713 40.402 Total Incomln8 resources 600 746 1805 859 2 405 605 2 088 287 RESOURCES EXPENDED Voluntary Income 350 721 350 721 364 978 350721 364 978 Charltable a¢tlvltles: Poll¢v Member5hlp Serylce5 Education 261,543 143,846 71,913 405,389 71,913 238,473 78,946 116,205 222 998 671.180 160 577 787,385 383 575 1,109,807 172 033 Research Total charltable expendlture 600 746 1047 516 1648 262 1599 259 Total resourcÈs expendlture 600 746 1398 237 1964 237 Net Incomlng resourcès before tfansfers between funds Transfers between fund5 407,622 407,622 124,050 li Net movement In funds 407,622 407,622 124,050 Funds at l January li 985 t144 985 444 861394 Funds at 31 De¢ernber li 93 All of the above results are dèrlved from contlnulng actlvStles. There were no other recognised gains or losses other than those stated above. Movements In funds are dlsdosed In note 12 to the financial statements. The notes on pages 20 to 26 form part of these financlal statements. 17
WORLD OBBSLTY FEDERATION BALANCE SHEET AS AT 31 DECEMBER 2025 Notes 2025 2024 CURRENT ASSETS Debtors 701,544 570,127 Cash at bank and in hand 2 468 492 1747 037 3.170,036 2,317,164 CREDITORS: amount5 falling due withln one year 1776 970 1331720 NET CURRENT ASSETS 1393 066 985 444 NET ASSETS li FUNDS Restrlcted funds Unrestilcted funds- general fund li 11 1393 066 985 444 The f]nanclal statements were approved and authorised for issue by the Board of the Trustees on 4June 2026 and were signed below by: Trustee Professorjason Halford Treasurer Trustee Or Slmon Barquera Presldent Date: 23 June 2026 The notes on pages 20 to 26 form part of these financial statements. 18
WORLD OBESITY FEDERATION Company Number- 03802726 CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2025 2025 2024 Cash Ilows from operating actlviiles 666,366 982,928 Purchase of tangible fixed 355ets Interest recelved Change in cash and cash equivalents in the reporting perlod 721.455 989,827 Cash and cash equlvalentS at the beginnlng of the reporting period 1 747 037 757 210 C8sh and cash equlvalents at the end of the Reporting perlod 2 468 492 1747 037 Net income/expersditure for the reporting period la5 per the statement of flnaniial a¢tlvltlesl 407,622 124,050 Adjustments for.. Depreciation charges Interest recelved 155,0891 16,8991 Decreaselllncrease} in debtors 1131,4171 76,464 IDe¢re8selllncreèse in creditors 789 313 19
WORLD OBESITY FEDERATION NOTES TO THE FINANCIAL sTATEENTs FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES Basls of accounting The flnancial statements of the charltable company, whlch is 3 public benefit entity under FRS102, have been prepared In accordance with the Ch6rities SORP IFRS 10212019 'Accounting and Reporting by Charltles.. Statement of Recommended Practice applicable to charities PTeparSng the51 accounls In accordance with the Flnancièl Reportlng Standard applicable In the UK and Republlc of Ireland IFRS 1021 (effective l January 20191,, Financial Reporting Standard 102 The Flnancial Reportlng Standard applicable in the UK and Republic of Ireland, and the Cgmpanies Act 2006. The financial statements have been prepared under thÈ hlstoilcal cost convention. The currency for the flnancial slatements Is GBP. Incomé resources Donatlons and grants Income from donations and grants are Included in incomlng resources when these are receivable except as follows: When donors specify that donations and grants given to the charlty must be used in future accounting perlods, the income is deferied urntS1 those perlods. When donors impose condltlons whlch have to be fulfilled before the charlty becomes entitled to us such income, the Income is deferred 2nd not included in incoming resour¢Ès until the pre-conditions for use have been met. When donors speclfy that donation5 and grants are for particular restricted purposes, which do not amount to pre- conditlons regarding entitlement, this Income is included in incoming resources of restricted funds when receivable. Membershlp due5, advert151ng and pub115hlnB royaltles Income from membership dues, adveitising and publishing royalties are Included In the SOFA when the charlly Is legally entitled to the income and the amount can bè quantllied wlth reasonable 8t¢uiacy. Investment Income Investment income. Including interest receivable, is Included when receivable by the ch3flty. Prolect Income Income frorn projec15 Is recoenised on an accruals basis as the work ot) that project progresses. ResouY¢es expended Resources expended are included in the SOFA on an accrual's basls. Certaln expendlture is directly attrlbutable to spÈcsfi¢ actlvltles and has been included iii those cost categorie5. Shared and Indirect cost5 are apportloned on the basis of staff time and the number of f*Jll-time equlvalent staff. Costs whlch are attributable to more than one activlty, are appDrtloned across cost categorles based on an estlmale of the proportittn of tlme spent by staff on those actlvitle5. Fundraislng costs are those costs Incurred In seeking volunlary contrlbutlons and publlcity costs associated with raising the proflle of the charlly. GovernanEe t95t5 are those Incurred In connecllon wlth enabling the company to Comply wlth external re8ulatlon, constitution and statutory requirements and in providlng support to the trustees In the dlscharge of Ihelr statutory dutles. 20
WORLD OBESITY FEDERATION NofES TO THE FINANCIAL STATETs FOR THE YEAR BNDED 31 DECEMBER 2025 ACCOUNTING POLICIES IcontlnuÈdl Tanglble flxed assets All assets purchased for over E5,000 will be capitalised. Depreciation Is provided on all tangible flxed assets at ratès calculated to write off the cost of each a55et over its expected useful economic life at the following rates.. Fixtures, flttlngs and equlpment Computer equipment 25% 33% Investmènts Investments are stated at market value at the balance sheet date. ThÈ SOFA Includes the net galns and losses arising on revaluations and dlsp05als ihrou8hout the year. Penslons The charlty operates a defined contributlon scheme for the benefit of Its employees. The costs of contribution5 are char8ed to the Incomè and expendltur@ account In the year they are pay3ble. Flnance and operatlng leases Rentals payable under gpeiatin8 leases are charges to the SOFA as incurred over the term of the lease. Forelgn currencles TYansa¢tion5 in foreign currencie5 are recorded at the rate rulinB at the date of the transattlon. Monetaiy assets an(J Ilabilities are retranslated at the rate of exchange rulln@ at the balance sheet date. All differences are taken to the SOFA. Fund accountlng General funds are unrestrlcted funds whlch are available for use at the discretion of the Trustees Sn furtherance of the general objectives of the company and whSch have not been designated for other purposes. De518riated funds comprlse unrestricted fund5 that have been set aside by the Trustees for partlcular purposes. The alm and use of each deslgnated fundls set out In the noles to the financlal statements. Restricted funds are funds whlch are to be used In accordance wlth speciflc restrlction5 irnPQ5ed by donoTS whlch have been ralsed by thè tompany for particular purp05ès. ThÈ ¢ost of raising and admlnistering such funds are charged against the specific fund. The aim and use ol each restricted fund is set out In the notes to the financlal statements. Crltlcal Accountlng Judgements and Key Sources of Estlmation Uncertainty In the appllcation pf the Charity'5 accounting polic4es whlch are described above, trustees are Fequlyed io makejudgements, estifflates and a55umplions about the carrylng values of assets and liabilities that are not readily apparent from other sources. The estimates and underlylng assumptlons are based on hlstorlcal experlence and Dtherfactor5 thatare considered to be relevant. Actual results may differ from IhÈse èstlmatos. The estlmates and undeilying assumptlons ale revlewed on an ongolng basis. Revlsions to accounting estimate5 aTe recognlsed in the period in which the estimate Is revlsed If the revlslon affects only that period, or in the perlod of revislon and futurp periods if the revision affect5 both current and future periods. The key sourte5 of estimation unceitainty that have a signlflcant effect on ihe amovnts recognlsed In the fln3nclal statements are described below.. DeprÈeiatlon A55ets are written down over thelr estlmated vseful lives. The actual lives of the assets may dlftÈr from those estlmatÈs. The lives of the assets are kept under review and adlLtsted 6$ appropriate. 21
WORLD OBESITY FEDERATION NOTES TO THB FINANCIAL STA TBMBNTS FOR THE YEAR BNDED 31 DECEMBER 2025 Golng Concern: The trLtstees have assessed the charity's abllity to continue as a golng concern. The trustees have considered the charlty's flnancial posllion, In¢luding Its reserves, cash Ilow and future fijndlng commltments. Based on thls assessment, the trusteès have a reasonable expectation that the charity has adequate resources to continue in operatlonal existènce for the foreseeable future. Thus, the trustees continuè to adopt the golng concern basls of accollntlng In preparing the flnanclal statement. Flnanclal In5truments', The charlty's flnanclal Instruments comprlse cash, trade debtors, trade creditors and loans. These are clas5ifled as Basic flnancial Instruments under FRS 102 Inltlal Recognltlon and Measurement Ba51c financial Instrurnent5 are Inltially iecognlsed as Iransactlon prlce, Includlng transactlons costs, except for Those classlfled at falr value through profit or loss, which are inltially measureLI at falr value. The financial instruments are subsequently measured at amorti5ed cost. ImpalrmÈnt At the end of each reporting period, the charily assesses whether theie is obletilve evidence of impèlrment. If such evidence exists, the charlty reco8nlze5 an impairment1055 in the 5talemellt of financial activitie5. 2. VOLUNTARY INCOME Restrlcted FtFnds Unrestrlcted Funds Totsl funds 2025 Total funds 2024 Donation5 432 750 432 750 205 039 3. ACTIVITIES FOR GENERATING FUNDS Restrlcted Funds Unre5trlcted Funds Total funds 2025 Total Funds 2024 ConBress and Events 48,271 48,271 748,191 Publlshing royalties 514.634 514.634 213,634 Other income 4.TOTAL RESOURCES EXPENDED Staff Costs Dlrect Costs Support Costs Total Costs 20Z5 Total Costs 2024 Membershlp 58,749 339 12,825 71,913 78,946 Pollcy Education Research Voluntary income 205,t164 173,390 266,775 223 379 149,024 518,147 45,920 101691 51,301 95,848 70.880 405,389 787,385 383,575 350 721 238,473 1.109,807 172,033 364 978 22
WORLD OBESITY FEDERATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 SUPPORT COSTS COMPRISE OF., Gtwernance Cosl5 staff costs other Costs Total Costs 2025 Total Costs 2024 Membership Policy Educatlon 8,201 3209 61,297 1,655 6,618 12,366 2,969 11,874 22,185 12,825 51,301 95.848 35.783 64,410 135,975 Research 45,330 9,144 16,406 70,880 32,205 Voluntary Income 5. NET INCOMING RESOURCES FOR THE YEAR 2025 2024 This is stated after chaTging- Depreciation Audllors, remuneratlon Operatlng lease rentèls- Land and bulldSngs 9,250 7,000 During the year, no Trustees received any benefits In klnd12024- ENill. Durln@ the year l Trustee earned E9,23712024 £Nill. Duting the year. 9 Trustees recelved relmbursement of £36,966 expenses for travel and accommodatlon12024 £7,860). 6. Staff Costs 2025 2024 Staff Costs weie as follows.. Wages and salaries 862,194 711,842 Social security costs Penslon costs 76,400 121244 52,282 The key management personnel remvneratSon and benefits are £447.3271£355,4101 The number of employees whose emoluments fell withln ihe following bands was.. 2025 2024 £ 60,000- £ 70,000 £140,000- £150,000 £150,000- £160,000 2025 Number 2024 NumbÈr The average number of employees was as follows.. Charity objectives and projects trading actlvity Fvndraisin8 and publicity Managernent and admlnlstratlon 15 13 23
WORLD OBESITY FEDERATION NOTES TO THB FtNANCIAL sTATENTs FOR THE YEAR ENDED 31 DECEMBER 2025 7. TAXATION The charStable company Is exempt from corporatlon tax as all its Income 15 charitable and Is applied for charitable purposes. 8. DEBTORS 2025 2024 Due withln one year Trade debtOF5 Piepayments and accrued Income Other debtors 393,330 295,045 310,153 253.862 9. CREDITORS: amounts falllng due wlthln one year 2025 2024 Trade creditors 54,232 18,819 18,607 9,351 Social security and other taxes other crèdltors Accrua15 and deferred in£ome Isee below) 17,108 12.144 1293 117 Penslon contribullon5 totalling £10,34312024.' £6,124) were payable at the year end and are Included within other creditors. 10. DEFERRED INCOME 2025 2024 Amounts brought forward Released Trn the year Deferred durlng the year Balance a5 Ot 31 December 2025 1,262,271 1,549,702) 1962 974 484.188 1886,6141 1 664 697 charlty deferred Income of £ 1,675,543 related to Income recelved In 2025. 2024. 2023 and 2022 in advance of projects and fvture confÈrèn¢es.12024 £1,262,271). 24
WORLD OBESITY FEDERATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 11. STATEMENTOF FUNDS Restrlcted Funds EU projects.. Thls part of the restrlcled funds is rEIved fiom the EU Commission and UK Government for carrying our research related EU projects. Through collecting obesity related informalltsn and analysls, the projects asS15t the policy maker5 Ihrovghout Europe to implement approprlate obeslty str3tegie5. EU normally only provldes partial funding for the prole¢ts therefore the remalnin8 balances are covered by ihe World Obesily Federation's general funds. 5UMMARYOF FUNDS Brought Incomlng Resource$ Transfers Carrled Forward Resources Expended Inlloutl Forward Unieslrlcted Funds 985,444 1,805,859 11,398,237) 1,393.066 Restricted Funds 600 746 600 746 Tolal of Funds 12. OPERATING LEASE COMMITMENTS The followlng pèyments are committed to be paid wlthln one year.. Land and buildings 2025 2024 Expiring., Within one year Operating lease costs are recognlzed as an expense in the year they are Incurred, 202S wa5 £12,54012024 £12,608) 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS R¢strl¢ted Funds Unre5trlcted Fund5 Total Funds Current Assets (Current liabllltlesl 3,170,036 3,170,036 14. RELATED PARTY TRANSACTIONS There were no related party tfans3clion5 in the curient or préviou5 year. 25
WORLD OBESITY FEDEIIATION NOTES TO THE FINANCJAL STA TEMENTS FOR THE YEARBNDED 31 DECEMBER 2025 Comparatlve for the SOFA INCOMING RESOURCES Notes Restrlcted Fund5 Unrestrldèd Funds 2024 Total Funds Intomlng resource5 from generated funds: Voluntory income Donatlons and legacles Activitie5 lor generaling funds.. Congress and Events 205.039 205.039 748,191 748,191 Royalties and other income Investment Income Investment Income Incoming resources from Charltable Aclivitie5'. Pollcy Education Research Mernbership TotBI Incomlng resources 271,684 271,684 6,899 6,899 13,000 13,000 702,803 90,292 702,803 60,917 29,375 088 287 RESOURCES EXPENDED Costs of generating funds Voluntary income 364 978 364 978 364 978 364 978 Charltable activlties: Politv Membership Servlces Educatlon Research 11,646 226,827 78,946 1,109,807 142 501 238,473 78 946 1,109,807 172 033 Total charltable expenditure 1 558081 1599 259 Total resources expended 1923 059 1964 237 Nel incoming resources before transfers between funds 1,197 122,853 124,050 Transfers between funds li Net movement In funds 124.050 124,050 Funds at l January li 861394 861 394 Funds at 31 December li 26