Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc Charlty number- 1190612 THE CALEDONIA INVESTMENTS CHARITABLE FOUNDATION Unaudit•d 4nnual rnport Yur ended 31 D•¢•mb9r 2025 Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc COMTEKrs Page Reference and aJmini51ralive details of the Charity Report of the Trustees Independent Examinerfs Report Statement of Financial Activilies Balance Sheèt 10 Statement of Cash Flows 11 Notes to thè FIna￿la1 Statem8nts 12 Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc THE CALEDONIA INVESTMENTS CHARITABLE FOUNDATION Reference and administratlve details of the Chartty for thg financial year ended 31 Dgcemb•r 2025 Trustees Mr J M B Cayzercolvln Mr B J Archer Ms S Beckford Ms S Bell Mrs A M McNgill MrA J F Wildman Reglstered offi¢• The Caledoni8 Investments Charitab18 Foundation Cayzer House 30 Buckingham Gate London SW1E 6NN Ro9lstered ch•rity number 119)612 Bankers National w8s1m1nsl￿ Bank 169 Victoria Street London SW1E SNA Ind•p•ndwt Examin•r Glen Bott FCA Cooper P8rry Grow Limited Argosy Road East MidlaThJs Airport Dert)y DE74 2SA Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc THE CALEOONIA INVESTMENTS CHARITABLE FOUNDATION REPORT OF THE TRUSTEES for the year ended 31 D¢cemb•r 2025 The Trustee5 present their report togetherwlh the li￿ncIal slalements of The Caledonia Investments Charitable Foundation Ithe"Foundation'l foithe year ended 31 December 2025. The Trustees confim Ihat the report and financial statements of the Foundation comply with the Charities Act 2011. the rgquirements of the FourKJation's govfrming do¢umw)ts and the provisions of the Statement of Re¢ommendeil Practice ("SORP"l °Ac¢ounting and Reporting by Charities". applicable to charities prepaTir¥J their accounts in accordance wth the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102}. Structufe. govemance, and management The Found*lon 1$ a ¢harilable Irusl, gov8m8d by a Trust Deed dated 1 June 2020 and est8blished by Caledonia Investments plc fcal•donl&"l. The Foundotion was Initially reglstered as The Caledonla Fund, however, following approval from the Charity Commission on 21 ju￿ 2021, thè Foundations namè was ¢hang8d. M•thod of •ppointrn•nt or el•etlon of Trust• The management of the Foundation is the responsibility of the Trustees, appointed by Caledonia, or such other persons as Caledonia may revocably or irrevocably appoint. ￿ is intended that the Foundation's boar(J of trustees should consist ol at least th￿e, but no greater than six. members and that TnJst8es should be available lo seNe an initial tem of three years, which can be extended for Iw) further lems of three year5. Duriro the year, the Trustees Tenewed the appointment of Mrs McNeill as a trustee for a further three year period, expiiiro on 31 December 2028. Oi)pctive$ ts The objects of the Foundation are to provide grants.. lo eligible applicants in Significant financial hardship as a consequence of the Covid-19 pandemic includirrtJ cu￿ent aTrJ recent fomier employees, their immediate families or dependents. orother individuals wilh a strorvJ GQMection wlh any Caledonia investeg Gompar {an 'lnvestse Companyl.. b) trj olher charities and charitable causes as considered appropriatg by thg Trustees. In setting the grant makiThJ policy. the Trustee5 have given due consideration lo general guidance published by the Charity Commission relating lo public benefit. Grant makin olicies When providlng grants lo other ¢haritie$ ond charitable Causes, Ihe Foundation has prforftlsed those charitios Wha￿ the￿ Is: direcl engagement wilh a member of Caledonia slafl, forexample a donation to a cause where an employee h8s alr8Bdy ralsad f unds or provld8s voluntary seNIc8S' a ¢onrrtllon wlh an Investe& Company or wder portfolio investment. for example lo support a charity se1￿1$d by the employees of an Invosloe Company orto support the local communty in which the Inv8stéé Comp8ny op8rates'. a conn8Ction ¥%ith a bToad8r group of Caledonia's slakeholders. for•xample the community in the viclnily of Cayzer Fkjuse. Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc REPORT OF TRUSTEES Icontinued) charities that have a maritime connectlon In recognition of Caledonia's maritime heritage. or mulli-year proSe¢ts wheTe the Found*ion could engage with a charity forlhree or more years, thus allowng the rocipienl charities to make substanti81 and lastiro impact. Achlgvgm•nts and porfornianc• Review of activiti The Faundation broughtforward £20,868 into the financlal year ended 31 Decembor2025 and receTvwJ income of £301,0(X) from Caledonia. During the year, the Foundalion made grants lolalling £296.600 to support varioLJS activities at mulliplo chanties. Tr Foundation previously committod to substantial mulli-year don81ions lo the followng charities ￿lch was subject to 8nnual renewal: The Cornwall Community Foundation lo support varfous community projects in Com¥Yall arKI tho Isles of Scilly- and Ih& Maritime Volunteer Service to assist in the proloclion and preseNation of life and property within tho maritime environment, in addition to adv8ncing thè education and training of members in all aspects of maritime and COMM￿li¢8110n skills. During thè yèar. an additional payment of £75,000 Wds mada to The Maritime Volunteer Service and further £55,500 was made lo The Comwall Community Foundation, comprising an approved annual donation of £50,000 and a further £S,500 in connection vthh pltrdges made al a fundraising event. dition. the Foundation also made SL*$tanti81 unrestricted donallons lo.. The Royal Marinas Charity wth thè intention of supporting the charity's Veterans Menlal Health Referral Pathway 11$ addiction support $eNices for both seNing and former maiines. OCD Action to help the charity run an initiative Ilhe Bridge") thi¢h is a programme to SLJPPObt young people with obsessive compLJlsive disorder. The programme equips young people, parents and carers wth knowledge. slrtegies and guidance, they need to feel more prepared fortrealment and rnore confldent in navigating tho ¢hallenges they face. The initiative aims to prevent deterioration in mental health. ￿￿￿te isolath)n. and help young people arKI their familles access clinically recommended Ireatmenls., Been There. a charity th8t supports adults struggllng ￿th body im•Je Issues by conrwtI￿ them with velled, trained mentors ￿ have lived experien¢& th[0￿h a moblle app Il¢ation.' and The Countryslrle Education Trust. a charity that conne¢ls people. particularly chlldren, with the countryside through anvironrnenlal educatlon, including playgroups, fami clubs and d8y or siéentlal visits to Its Beaulieu farm. Th9 Foundation's donation comprised a single don8tion to h81p the chartly complete the ￿n0vatIOn of its Ir8ghous6s in addition lo a mulliple year cornmitmert lo support thtt recruit ongoing costs of a dedlcate(J fundraisw. r( Is intended that multiple year donations of £25.000 will be mwje to gach of these charities and th8 Trustees will consider f urther payments on an annual basis. The Foundallon also approved sthstwlial onè-off donation$ lo: The W¢slminster Chapel IWestrninst8r Foodbank) to enabl8 eonslruclion to bo undertaken at Ih Westminst$r Foodbank to improve Ils f&iliti8s', Big Yellow Foundation, a charity Ythich wort(ed with seven sma119r ¢harilies to support vuln8rabl• people such as ex-offenders, refugees, ex-service personnel and people ￿VIng wth disabilities to find employment and create a beller future for th•mselves- and Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc REPORT OF TRUSTEES Icontinuedl Joshua Orphan and Community Care to support the charity's ongoing running costs in Malaw. Smaller donations were also made to other charities vthich were supported by Caledonia employ89s, including various fundraising activities. Thesg Included The Ll¢ensed Trade Charity. The Passage, Homdess Oxfordshire, Great Ormond Str¢gt HospStal Charfty, Tho Gatehouso, Royal Brillsh Legion. City Chorus, Cancer Research UK and thè Jason Robinson Foundation. knve8lment olic and erformance Th$ Trust Deed permits the Trustee3, in their absolute discretion, orany appointed investm8nt advisors. lo invest in any investmenl. securities or proparty. as it thinks flt. At 31 D8cember 2025, no money had been investad by the FoLndBtion. The Foundation has not currently invested any funds. Beforeany investments lak• place. an inv8$tmgnl policy would be developed and approved by the Trustees. Financial review During the year enfle(1 31 December 2025. th8 Found81Son receiv￿ unrestricted donation income totalling £301.0(K) aThJ paid charitsble grants lolalling £296,6(K). At 31 December 2025. the Foundation had lotst unre$tri¢ted funds ¢ardes 24,627 20,868 The financial statements were approvwj by the Tru51ees on behalf 2026 and signed on their Jamla ayz•r£olvln Chaimian of th• Trustees Th• notos OTr pag•s 12 to 15 fom) part of these financial statement& io Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc Siatgment of Cash Flows For the ye¥ endod 31 De¢omber 2025 2025 2024 Notes Cash flows from operatlng a¢fjvltl•s: Nel cash lused iny provided by operating activities 8,7411 20.400 N•t ¢a$h provlded by operating actlvltles 18,741) 20,400 Ch4ng• In eash and ca¥h •qulvalents In Ihe y•ar 18,7411 20.4¢XI Cash and cash w4uval8nts at the beginning of the year 33,368 12.968 Cash and cash •quivalgnts at th¢ ond of tho year 24,627 33,368 Cash pmvld•d by operating a¢tlvltl•g Nel movemenl in funds 3,759 9,900 (D8creaseyln¢rwe in cr8dilors {12,5001 10.500 18,7411 20.400 li Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc Not•s to the Financial Statemtnts For th• y•ar ended 31 Decembw 2025 1. ACCOUNTING POUCIES Basls of pr•pafation of Ilnan¢lal statement The financl81 Slalements have been prepared In accordance ¥￿th the Stetement of RecommeThJed Practice ISORPI "Ac¢oLJnting and Réporting by Charities, applS¢able lo charflles preparing their ac¢ounls in accordance wth the Financial Reporting SlandaTd applicable in the Unbled Klngdom and Rèpublic of Ireland IFRS 1021, the Chaiities A¢1 2011 and applicable regulations. The account$ havè bèèn prep8r8d undèr thè historical cost convention wlh Items re¢ognls8d as cost or transaclitsn valuè unlèss othèMis8 stated in the relevant nolelsl to the ac¢ovnls. The trust constitutes a public benefit entity as defined by FRS 102. Fund aceountlng General funds are unrestricted funds which are availablè for use al the discretion of the Tru51ees in f urtherance of the general objectives of the ch8rity and %thi¢h have not been designated for other pU￿oses. Incoming rosourc05 All incomirg r8sources are irKluded in th¢ Stst¥m•nt of Financial Activities vrt￿n the chty has enlitlement to th8 funds, aflerany pgrform8fi¢& conditions have been mel, the amount can be measurgd reliably. and it is probable the ir￿orne will btr rg¢9iVgd. Resource5 •xpgnded ExpendSturp is accounted foron an accruals basls and has bean Sncluded under expense calegorie that aggregate all costs forallocation lo activities. Where c051s cannot be dire¢tly attribut￿ lo particu aclivilies, they hav¢ b￿n allocated on a basis consistent with the use of th¥ resou￿¢$. Gtants payable lo third parties are wlthln the charrt8blè objectives. Grants payable are chargal in the year when the offer is made except in those cases Ydhere the offer is conditional on a future event. Grant5 offered subje¢llo ¢ondllions ￿lch have not been mel al the yeaT-erwJ are noted as rommitments bul not accn*d as expenditure. Going ron¢•m f inan¢lal ststements have been prepared on a going ¢oncem basi$ as the trustees bdieve that no material uncertainties exist. The Iwslee5 have Gonsiderd tho level of funds held and the expe¢laY level of Income and expendlture for 12 months from authorising thestr f inanclal statemgnts. Curr•nt Ilabllllles abilities are recognis8d at the amount payable. Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc Notes to th• FIn￿claI Statèments Icontinuod} 2. GRAKfs TO INSTITiITION Unrestrl¢t funds 2025 Unrgstrlcled funds 2024 Alzhelmerfs Society Been There Bendrlgg TnL81 Ca¢halots Shipping Festival Service Cancer Research LM< City Chonjs Comwall Communlty Foundallon Great Omond Street Hospi181 Haemochromalosis UK Homeless People and the Oxford Churches- (Gatehouse) Fk)m8les5 OXfO￿lshira Horalio's Garden Jason Robinson Found*ion Joshua Orphan and Community Care Klng Alfr8d Twsl LMK (Let Me KrKiwl censed Trade Charity Maritime VolunteeT Sorvice Muscular Dystrophy OCD Action Only A Pavement Away Outward Bound Twst Pancreatic Cancèr UK Pathinsons UK Royal British Legion Royal Marines Association Royal Mar5den Hospice Care Samaritsns Southampton Master Marinerfs Club Tho Big Yellow Foundatlon Tho Countryside Education Trust The Gwgs Foundation Th$ Mountain Training Trusl - The Mountain Adventure Fund The Passag8 The Urology Foundation The Zahra TNst Tommy's Vinlers Football Club Wollchild 1,(X)O 25,000 1,000 1,500 55,500 1.000 1,000 1.000 75.r 1.000 10.000 1.000 1.000 75.000 1,￿0 75.CQD I.CKJO 25,Ot 3.500 1.OCQ 1,OCKJ 25,OCK) 1,0(K) 600 10.000 35,000 8,000 2,500 4,000 20,000 1,000 1,000 1,000 1,O¢JO 13 Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc Notes to the Flnanclal Statements {continu¢d Youth Talk Limited 1,000 Westminster Foodbank 20.000 296.600 290,100 OTHER CHARITABLE EXPENDITURE Unr•$trl¢ted funds 2025 Vnr•$trld•d fvnds 2024 Adrninislralion expenses 641 7C 641 700 NET INCOMING RESOURCES Durfn9 the year, rK) Trust88s received reM￿eration, b￿￿fItS in kir*1 or reimbursemenl of exp9nses. OTHER PAYABLES EXPENDITURE iknrestricted funds 2025 Unrestricted funds 2024 Accwals 12,500 12.500 GRAfrif COMMITMENTS In accordanc8 With the grant making policies. the Foundation can commit lo multi-year grants ich are subject to annual conf irmalion from the Trustees priorto the grants being made. As at the 31 December 2025, future commllments, that are subject lo annual confimallon, are £325,(KJO irlcluding £225,000 that would become payable in 2026 ond a further £10Q,000 Ihal x)uld berom¥ payablé in 2027. These fLrtU18 commitments will be recognised as granls in the year they are confim•d and paid. 14 Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc Notss to the Flnancial Statements Iwitlnu•d> STATEMENT OF FUNDS Brought Forward Inromlng r•sour¢8S Resources Exp•nd•d Cath•d Forward Unrestrlcted lund$ General funds RELATED PARTIES There were no relalod party tranS￿lI0n$ duriTrJ th8 year. 15 Docusign EnvelopÈ ID." 5C8F7EB54838-430A-96O2-75D4￿c59Foc