2023-12-31-accounts - Marwell Wildlife

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Chwlty R•gl¥lr*llon Numb•r. 275433 (Eng1•Thl •fid WalMI Conwny R•g1itrth Numb•r: 013S52721EnglwKI •nd W•lMI MARWELL LDLIFE TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

MARVIELL IMLDLIFE CONTENTS FCA THE YEAR ENDED 31 DECEMBER 20rJ ft•f•rnn and Adrnlnl•lr•lfv• D•t•ll• altt Ch¥My and Ad¥l••rn Chdfflin' St•tsm•rt Tru•t••i R•port 5-12 Ind•p•nd•rf Audkn R•port on•olld•t•d 8t•tsff•ni ol A¢ll¥lU•• 202J 115- 17 18 Cw••lld•l•d 8t•t•m•nt ol FInellI Acllvnkn 2022 19 CM•olld•l•d B•lan¢• 8l•t 20 comnY S¢• 8h••t 21 CoMdld•l•d ¢••h Flow 8tstsm•nt N(rt•• to th• Fln•n¢lal St*•ffl•nl• 23-48

MARWELL WILDLIFE IA Company Umited By Guarant} TRUSTEES FOR THE YEAR ENOED 31 DECEMBER 2023 trIRIRemunernUon CorNnrtte¢ Andrew Wonn. BA Hons. FCA. MBA-Vk• Clmlr. Cha olthtr Busln•$8 0¢19PM Comtrtt••, M•mb•r of th¢ HRIR•Mun•f•1 a Chw ol thè Nonmnal1 CCTr• Rlehard M•rk Ch•rt•f- MIM1 olBuskne8• Ov4eloprnni Comrrttte• Tw8• Frosl. M•rT•r ol Non•10n$ Coffrtl•• and Ch•lr olthe HR & Renwn•rnOon Coromlll•e Janhii B•4•y l¥ppoknted 09105r2023F Ch•6r olth• Market9 ctynye• Simon Tong• Iippoknl¢d 09105r2023F Meth Lrftho Ctsnwpmtkn Comndll•• Nltola RObITrn, V•tMB, MRCVS- Chalr 01lh• Ethu Coffwnrti¢• Olane WalklnO BS¢ H¢)ns,- Chilr ol lh• Con•w¥•lon Comnkn• •rtd M•n*•r (rtth• Nonln•llon Cornmitt•• Adn N••l. FRICS MClA- Memb•r ofth• Buth Dev•h¥fftont Con1• O•vKI st••r. CIMSPA. IBu¥n•si Dw•lopmenii lrnyrnd 09klSQ0231 P•t•r Jakob. 8Sc. CIM IM•rt•tlngl Ir•ltr•d 0gAJ3R0231 Oavld Pape, Msc. MCIEEM. IC0••110nj Irulgn•d 1fy1)Ir20231

MARWELL WILDLIFE REFERENCE AND ADMINISTRATIVE DETAILS THE CHARrrY AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2W23 C•mp•ny r•gl•t•r•d numb 01355272 Ch•rlty r•gl•tw•d n¥mb•r 275433 R••l•t•Md olll¢• ehhl •x•cullv• ¢)fflc•r Jam0• Cr•tsW {rn•W•d 31 21fd4} LO R••d l•ppolnled 06 Marth 2024) Ind•p•nd•nt •¥dlt4X 2•t• Sw4k••, Alhwl• Trbxo•, 1fy14 Arth¥•r Ro•d. WirKl*iw. S023 7BS B•nk•rn P•rf8 sI1h LLP, Nwnb•r 1 London Ro•J. SCAP11. HP11•, S015 2AE

MhRWELL WILDLIFE CHAJRMAN'S STATEMENT FOR THE YEAR ENDED 31 OECEMBER 2023 2023 ha5 brought a m5xlwe of fortvn85 to UaThv81 Wldlrfe. We remain set ao8inst a Challengi b8thdfW ol a towJh wniClal•. iisiry CA1$. inlemational turbulence &nd rodLvd consurnr cth)nffidW. 1h0Jb w entered th• year wlh hsgh 18vèls ol confidence And on the back of 8 vary S¢$s fir51 yeaw of lh8 Wbnter event. some vtry and slomy weath¢r over March & ri1, including the key Easièr trath"ThJ rICl. mearn that Inc(Thè levels were 6wJThific8ntty impa¢i¢d. The wet we8th¢r hit 4ain in Jity as the VK headed Into hc4iday$ 85 a resuli ol both ol these S113 of rain courAe(I wlh Ihe ioèr ba(drop 85 descriW. our annual irKofrJ was reduGed Irom 2022 levels by dr¢a £750.000 10 £11.71rn for the year However. th¢5 was 8 wgnilK8nt uptum lo the pr•dici8d perfOanCe Bt the eThJ of Augusl 2023, due kn 50rne c8rgfully exaojled ovents over Ihe Oclobor lemi and a very s$s1L evenl thfwghout Ntsvembof a1 Docambor as Gk r8twngd lor a bigger. be¢t•r and more cornmwdalty luerafve 6econd y•ar. In Additi¢M to the belt81 Ihan lor8cèsted incLJme lor Ihg fin81 quartèr of the yèar, otsi learns worfKed vèry hard to rèduce cJr cost base by almost £480.OCQ ¥ersu$ the bud9et we had set 8t Ihe start of the ye•r. Thls agile and ¢wKk rtsponae lo the 9rwsry •¢0mIC wè lac•(J, a thaU•ngiry budgeting PfOCe¥S lo fac4lila18 2024. placod conBKlarabk strain on thg OTgani98b"on rfg P80pI&. and Ihey Should bè Congrat0 lor Ihe dedicatth they hav¢ shcr•m This agikty and 41jne$S Io go the oxtra mi18 can be lound in 11ch that %4e do aThJ cOntrib•d 6ignikonty to lh• $u¢¢es5 gf Gknv bolh in 2022 and 2023. The rxJnlinuiTrJ •ffon glv•n ty Ouf people a k8y strength for our vlbranl org8niso1ion. 88cause of the tak8n by the te8ffl. Mom1 w•s ab lo athigv¢ an un51 EBITDA surplus of £317.CQ5 in 2023. 0 resuh that at Ihè Ad-poiftt ol the yw l(Jk•d impossib. Olfficulbes In the r8cruilrnenl of sorne guest lacin9 roles knpac0 cwjr peo durfng iha year 8nd Called for many lo flex the day b 10 make suwe we ¥0¥08d 1h a filing •xperienco. Whllst the impact are nol immlate1Y apparent. we look to athjress the gtuaiicn find sduOonJ io ouithforce shortages, faGiltiaUng Ihe rwJht peoplo. baiw in the right pla¢•. ¢SJry the r•3ht We Bre also delighted lo NlIah1 $om noiBtdfr och'gvgnb3nts Ilwh)ul tha year, noi leasl WALI Conservatlon Awaryl lor wtyk with ihe Sckniiar Hort Oryx, ¥thich w85 awarded to Marnsll in ¢ktob8r. Subwuenlly %4e were delighted lo knarn Ih8t Ihe gFttiOts had been raclassifd by the IUCN from Extinct in the ¢0 Endarer8d 8rifiGG Ihi$ $peclos back Irom lh8 brink has a ccllaboralivo elfort ol 90vomrnonts and con6wvalh)r c¥gaf¥$ationi, one that has F4ay•d a very subslanlial rolé In. The W1• 18am wors very of the part thai have played in a inCredY posltfve fesult lor rgsioring naiwè. Throu9h our èskblished ¢cffiseTh4tin programmes, Induding supporting Grevy's zebra recovtsry in Kènya. we've cvllivaled INsted fy18ti01p$ and irtsvJhts. pavkn)g Ihe way lor inTh)v8tlon. For exampl•, our work usiro dron88 and arufKial int8llKJ0rt8 Is leverrrfj technok)gies lo prowde new nserVatIon solutlons. Equalty. our ongoing worf( sn Bhulan shows how'old irttelk"gence' from ¢ultural herilage can oir new ways io $8fegyard bgers and snow leopards. For our anirnals, •re InfThfalions i) thetr care. irKlutht¥J In 8$$6m•nI8 and nutrilion All Ihe58 strand$ come logeiher Oltr cor01¢ Straleyy VA$ pvU15hed 01 the of 2022. IS h85 started lo have an irnpact in 2W23. We wre ty•86e¢J to startwoth oft the extènon to our l•yv(1 grtlosure dudng the laiièr half tsf the year and we bok fo8 to wdcomiThJ our new srKM Iwpard wkno Is J(AThiry u$ in 2024 to lfve alg•Ide lrina in ihew rnh 18rger k)SUre, partially funded by our mambers and One of Ihe bi93est ¢hBnw Ihat ma11 Wiklrfe has tn1$ past y•ar was Ihe departu¥8 of our Chig1 ExecutNe of the past 18 years, Dr Jarn•s Crelney. Javres18ft tho txgani8aY¢)n after the end of the year. Thè board & l offer our sincere iwks and tst lsS to lrn after Sh a long and 8cs51u1 lin leading Ihe organisat.

MARWELL WILDLIFE CHAIRMM'S STATEMENT FOR THE YEAR ENDED 31 OECEIA8ER 2023 roie. Lourn 8tsrted In M8rrli 2024 aTh81g bwy 9•tbry4 to krvw th¢ Ore the •xe Fr8 ¢C•ffrny kn)an olth• 8o•rd clTn* D•t•'.

MARWELL WLDLIFE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORTI FOR THE YEAR ENDED 31 DECEMBER 2023 Wldlfe, is a regnlerttl eh•ity 8ry1 ¢rmpany limthj byguaranie•. ebathy number 275433, company numtw 0135$272. The Iw5tees. who a also itirectOf5 l¢y tl purposes ol companies leoisl8tion, hav8 pleasure in presenbng iheir rèwrt and financial staleThnts oflhe Charity lortha yoaigndod 31 Dècember 2023. Thesg tnY with wrmt staknty iallOn aThJ Ihe nwcrtndum and artides of assorA8ticm. STRATEGIC REPORT Obl•ctlv•• •nd AGtlvltl•s Mls#bon•, Obhds •nd Alm¥ The Chartty'8 mlulon ai r¢ffiect Ni Its otpcts is Ihe advanumenl of enwlronmental prolectlon and ol educatlon lor the public b8nefd by.. ProrTrJliivJ tho conse8 ol ts'ob3Kal and Other natural r¢s0v in partlar by mstorirYJ ond mBiniotning 6perio$. habitals and funeliMJ e¢o8yst8rns', scnbfK mènerrn1 ol assufance rxspulaliorts., ard •nvironmenlal the., AdvanrAng Ihe undetstsndlrrtj pro[rt$ng the be$ (Jl nature lor goryety, humon wealth. wdltiNJ and oualsty ol ble and ertOW8ging p8c1P6b of indivi¢Jal#. ComnnItieS and wdgr soeAety In the n??1¥9 ol t¥ok•)tal and other 8rI sOUrC and lh• •nvIronnt,. Prèc161ing and promob'rg envifonmentsl proieth.on aThJ Suslainabilty a5 8n eXernar and Ihrowjh ¢819ning gThJ ad¥ceY. Undwlaklrtg arK$ 8hariw fv rewlts cd I¢, and expeditkni,. WKY providlvd opportunities for scienlrfK •dAllon and Ir'ning.' and Malnlalning and dtvelopiw 8 zoologk paFk a5 # plx• crf knning and Yment and 8dv8nofig the husbandry. w•llare and ccwer¥a¥on tyl lM. Slgnffl¢•nl A1¥111•• ¢hit Alm• ReJICng nabJr¢ by coMep4lng I[a&S reUeslhvJ dfver60. healihy ec45yslems", AVc1j the and pracOs• cl wdmal eare wilh a e¥id&nce based 8ppro8th,' Promtitirrfd $taInable liviThJ, coi¥wJ Ic the wrf18r 8nvtronment and d8monJtratino pradcab ¥olullon$ to glo ¢hallerYJ, 85 rad, wal•r tonaervalion and 8UStainoble sourciTra.' calatyn ch8r4J•ty v4Jwir¥J Ind¥hXth. r•)mnwr¥tse•and 1(1Mke19 lo make a drffwencg., EdurAllon ol $GhC chikjren in Ihe UK and inlemallor.' WorkiTrJ with cornmufiilies ck4e to in-1 cor41 prohcts lo develop $trBtèg1•s for SUCC1 CO-•XiStorKe speciés. Buildin9 ¢ap¥lty for cOnsetIon thrthoh p$1)n ol tralnklg and QU1TlI0rN,. and on our exp¢rtenc8S to Influen Ical. rntyonal and Intemati?l cowrvaiion Folw and Publ1¢ b•n•fft The Twstaes confim ihai tY have ccrfnFd(I wlh the in Ch#rfti88 A(a 2011 to hav• duè r•gard to public benefil gidance Issued ty th8 Charity cLmISS. The Tnjstees bdiève ihai Ihe pursuh ol Aims prowdes a benefrt in the 8reag oledat, s¢1•ntthc research and Ihè conservation of erKlangervil SleS aTrl their habitat5. Whllst in rxd8r lo cover the hljh osts DI Operang Marwdl Zoo. admisgon lees we charg9d. whon semling level of fees consideration 1$ given Io 8cce$sitMlity lo Ihe publie. DIsCnts are ava4atyÈlor S¢ thslls. studenls. pensioners and famrfiès DisatrAed guests 8fe entiued to frèe ad86th for a earr. tharwJe m•Je hjr a sclhjol dassroom Bes5 iaughl by hOUse educalJn le 13 wdl belcfft m8rket rts In order lo rèac* as marsy pup4s 8S po$&ble.

MARWELL WLDLIFE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT STRATEGIC REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 Ernploy••• Th8 key aim for 2023 had ¢0 be the rebui1thj wesi&wtt 8ThJ ow pecyle bxk lo strrg physical and mentsl health. In support ol ttms reintrtsjwed th¢ employee Cash Pl, undertook an InfomiaDve staff 5uvey la knfiperae L•ck ol cw paopiel Ihe first hall ol the year and IntlUc& programme of Health Swoillanct I1¢11 HarK1 and Arni Vitaticn. H&anr¥J 8ntJ Luw Fu sling. The challeTrJes ol an increasingly volalAe labryjr math81 hpah1htsd tho need for us to rm81n ahead of th• 9am& and a91 in the ways allfdcaod * rnwned ow pwle. The w•y$ in whi¢h rg8ource(J our vibrant (Kganis8tlon rarna¥d fjr and #ayed creatN a1 proactsve in ow approach lo acqulrtng and vetolnirrtj talent wllh 8 ¥pKift fooJs on IfKrea$irwJ our of Vdunieers. This, againsi bockdtyp of e¥er-in¢fyasirvJ costs, speryfKallywth Ihe annual ii6è in nalional living woge fa18s and omployef pension ctythbution5, noaded to be balanced by the re¢JeswJn of ovr oryanlsallon and ryjnsequenl rèdunL1and88 èarly in Ihe yè8r. Th8 futur• shaFe ar¥1 health ol our ¢wlture rwn•ins lh8 rgsp)ntslty ol us all, and $0 we JlTbVe to ksèp all ernF4oy•es and volunteers cnt¢led to th• •thievemenl of MA¥.$ goals and objtcb'¥¢$. A5 in previDIII years. Èmployee Èngagemeni sai front and centr8 of our [u5 as we looke(I its communlcate ex¢on5ivdy, Suriro ernpbyee wrftrrtrtionwas thder3tr>J. cry8nisats.on p$ wero daaf and that all our èxtraordinary tffort$, part1cvity in Ihe provS8lon ol Gfv 2023, ntInued lo b¢ celetrnted. Sty)n aftertlw d 2023. loThJ dmo Clwsl ExKuliv•, James Crnln¢y pped dcrn from Tcle at MaThvo11 Wildbfe. We Ih3nk Jam# erK)rrr3lY l( hls 18 yearn ol dadica¢K and 18a¢knhip A recruilment process was ccnducted quarter f¢)ur of the yèar aTrY Laur8 Reèd wa5 8ppointed ID the poskion. Laura has background in 'n81th rMrwJ$mL retsll. hosFlto11ty wd Lwa jiwd MaThv•ll Wildlrfe in Marth 2024. Fundr•l•lry St•i•m•ni Wè liké to thwtk fur#Jr8i$èrs for all Ihe 9er0 sw)PDrt you hav• t¥OVKi•d to lh• charity duriry the year. Th• Chartty l¥ 8 m•nr rl Ih• FurJrobirrfJ Regu101. l)kJs Ihe Code ol Fundr•lgiffj Prac¢0 th• UK. Our approach 1$ lo ensfft thai t))rny llh thg Standwts as let ovt in the CcJ• acmss all ol o fundrgising 8¢bity. We th) nc èngage wih 8ny third pgrty fvndrnlsers. We compty key piinciplos and 118¥1[5 ol the Ccrfl• to onsure that any vulnorablè persM5 ar• treatad fairty. All hJndr8i5ws are reqvlred tp demonstrat• an Yt8j1 of CoJ• and mak¢ a commith)enl lo uphold Its ¥alue6 wh•n Ihey je4n Ihe Charity Our awroych1gon•%thkh•nswegthallhe p[on olth•Ch8rtty1s m8intslrd at a hlgh lfrvel. Throw lh8 organistrtlon, mwntain wofes$l0n slarbdards of with all 8tskelwld8rs. and we [de oursthej on bdrKJ an apFxo8thaL4e 8nd profgswonBI charity. er the cours• ol lh8 Or we have rTh)niiored ow ldrO181)g a¢XNlJ8s closdy. Wo receiv8d no com1¥ in rel8ts.on to any fUra[51 xiwit8. FUrfh8mKj we have rthi appointed a p8rnanÈTrl full time Head ol Fundfai6irg In the Proce rrf Intmdudry a rw IwthialrvJ rdalfowm. Athitv•mnt• •nd p•rfornianc• 9•lMt oW¢tlv•s At lh8 end of 2022, mar11 wldlrfo pAshed wr Conserall)n Slrate9y for 2023-2028 vthich B(Jopts Con5ervaUon Heahh approach to suppOng Natu.5 Recovery. This 8pproa( will align Ihe themes ol Heallh, COnnOn anLI Invati( and Kno58J• Excharye Tht5 Kxov*Jed our aims and owlvgs lor 2023 under the heathngs ol Health. Connecbon KnuAedge Exchange and Innovation.

FAARWELL WILOLIFE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORTI FOR THE YEAR ENDED 31 DECEMBER 2023 With Ihese Strateg 6r•as in rr4nd. in 2U23 to.. H1th Vndertake •wI(J1 rgslornttii. mnwJ8ment aryl nnItI¥l a¢yoss tho ma1 estate and EelnKKJr Marsh SSSI. We w1 begin e¥ploMg ¢reat8 a ma11 Nature Resefft. providing greatei cornmunity 839ment. aNJ offertrvj ethanC nawral spaeos Mder sgctor5 of th pu1¢ Dev•lop the Anim81 WeNar8 Ass&8$ffrt Grid alryside Ivrther Jdvartes in animal training and our posiiryelrfo èxp6rf8nce progrnmm• for Ihe benefit of 200 anima aninals INing in silu Support and develr• afforfs io rgstor8 anttiope and g¢Q#yStems In North Alri¢o, spearh83dod through our ongtyrg ettons in TuniJl•. Ilaintain Ihe b1(x1r$lty tng un(lertaken by our ccthnwnily scout5 in norfhern Kony8. We will $0 use our xperknse lo sustainable water swpty * ¢ommurtits In ramote kKations in K¢ny8. Connectlon.. Develop educati¢)n Opportunie$ lor schools and puNlc errfJagwwnt ac5 promollng 8nvlfonm8nlal literacy. 8mpathy and Undeland1 ol the Val ol n8tLWe. Oeliver nalure-b8s. Out¢) le8rniTrJ ILY chlldren the K3 Love Nature Klnd8rparten 31 Marwgw. Create vdunlary OppUnItsOs for in(MvpthJals 9fOUP5 to n1ribthe lo conse811 Gather evidencè on presence ond staS ol tre. a8xe$$ human impacts on envLronm•nl. and facilitslg CommuntY-bos8d con6eThallon and thher partlshS aLYOSS fo¢al •rn•s in North and East Alri. Contynue wrwider supp)rtln Africa. •¥plrykng ilrntw •fKI funding p8nnershlp3 to &nhatrA Iu¢81ion d•lfv•ry. Kn¢Yedge ExcharJe and InnovatK)n'. Improv8 our hebl nètwoth Ilnking fher bU¥d98 SUPF4igd ty +)n stte kAv-cathn •nwgy Continue efiorts lo èxpwd cThslte gerw81i)n of #dar 8rwgy. Modèl the cath balan of ¢)ur hxal 9lobBI adions. part ol ow •0 tow8nls rb wtral and nef.z•ro. Ddiv8r MR•6 plVan in Wildrf• C¢90() In cdlaborotkrt vAth the Unfver&ty ol Soulhampton. Develop a digital spatbal y8t¢m f¢x Ihe zfy) and ¥jer envknonmènt. Deliver final yèw eleth"vezcol(4ical medKine irtrnmural rotstlon thr1eaCng 8VMSo studènts Irom Ihe School of Veterinary me(lii?n8. Univenily of SuTry. Offer ovr onoirMa suppNt to thè IUCN Ihrowh Guppwl oTh1 h0811ry the Ani•lopo Specialr4t Gro wilhin the Specles SurvNal Comnsslon. Continue to SUPPOrt policy de¥¢lopmeni tsr Mlufe'j r•co¥ery •p•o•i eon6erv•tion n¥tlon81ty on Intemationalty. In 2U23. wo have 11¥¢d Ihe foll¢>1¥4.. H8allh Enhanced ihe habilals on thè land 9urrou1 Marwow Z¢0 by ovgr 9.000 nabve trees. which ovl¢l8d valuable habll4t¥ w¢othond ¥tIeS to enhanco b"othvNty. Uwng cw•ful iu8185n&blg m8n8oem8nt wt are atme lo util8 local K08ysiam a$ a resourc• for aninals in wr earo. ncluding the prov1$n of fcrye. Our landscape manwent 18am coniinue lo Man access to wcty>Jland and gro8sland6. Foll1 locamy exireme wnd speeds, in a hLwrlcang. that ¢aused extensive darna9è lo our woodlands, wo have also wortetl harij to engjre safety for our siaff. 0111¢TI88mkn9 wogrammes and other mewrtjefs of the public. senthiely mainiwniry our tsodiversity and #cosyslem v81ue On Eelmoor Plaf5h SSSI, our oryoiNJ e(x)systern management. indudng Ihe use of our caitle and Przewa15Ki horse her¢s to a(X as £¢dogl en&¥neer5. * have c£$$1tfy maintsined the F8vourable Status of tha site (the highe5118vdl We saw SC8n1 impact from wr inlen5ive habitals management wo. inclvding mowiThJ to help orcl*ds, scrub managemeni 10 help veptile$, incJudirYJ sand loards. bird$, butlerflies atKJ other inv8rtd)rdie$. and weuand rnanagement to help dragonfii85 and damseMIK9s and $p8cialsst 815 sh a$ sundv+ and other carr¥0S speci85. (X ntste we were delyhled 10 See slroryJ inuoas8s in breedry pqxlatiOAS of noted s1¢$ wKlu¢kn9 lhenlI Darlford w8rbl¢rs and nwJhli8rs.

MARWELL WILDLIFE TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) FOR TWE YEAR ENDED 31 DECEMBER 2023 In t0gnitIOn of our lorg-lerrn efforts with part1 to wtelope aTrJ recover thèir ecosysterns in North Aln"ca, we wt delNJhted 19 win Ihe Wcdd A$StIOn ol Zoo$ and Aquaria's IWAZAI Conseryion Award for scinwlar.homed oryx in T(thta. Thrwh these and ouroth8rwrJrk we wwe glS6d for ha¥iTrJ sigi¥fi¢artty elrIbu1ed kj the change ol Red List staiug for Ihl$ sleS from Extincl in the Wthj lo EndaThJered. The award frrm WAZA Is nol lust a recc#Jnilion of our 8chiavemenl8 In c£8•rVal1Cffi and deveWitrYd the ne generolion ol conserv8¢)nists in Tunisia, 11 a rernindr of tha reskwsknility Ihat I5 thao. Last yeaf reported on Ibe lenIle$S dr(wght in Nthern Kenya. which stsrt8d in 2021 Thankfully, il rmlty en¢Jed in March 2023 wthen the rain rthumeo lo a very paf¢hed landscape. The extreme droLb)ht posed a risk io Ihe suthal Of the enlire core popul8tson ol Gre,8 zetrfa. Our $coul teams tireless prow+Yed hyndreds ol GrwY6 zgbra whh daly SUPF4em8rt8ry hay TrainiNJ was provided 10 a96e$s Ihg body t£rsdition ol zebra$ athiThster Thnernls And other nutri8nl Sup•Ments nooded lo the unprecedented 1gThJlh ol Ihis drchI. Wth Man ¢(Mrn•t$ 8120 suNenNJ terribty, we provlded hay io SUFV)rt P8sloralists and IFwr hve5ttxk. The oynmunili85 ra8cl magnificerbily. even 5harirKJ the Illve waler thoy had wilh tha zebras. and alertiw w fielLI teBm5 for help wthene¥¢r G,8 were foun¢J weak or Injured This was a greal lestwn8nt io Ihe kny-ttmi tru6¢gd re131ion5hw we have t1 tCO3ether. A further Ihreal lo the Gvy'S zel¥a arising from Ihe drought W8$ an increase in poachlng, Our 6covIS worked do8ety wilh Iha Kenya Wiidlilo Servs¢t10 wpp)rt vgtennary care for inhjred ztbrn an(1 10 8ssi#t wilh th¢ of poachw5. wlh Ihe help of tommunities. So much of our re13tbnsN Mih c0rrffiul)eS kn thythem Keny¥ lothyed on our deep.rooled )mtxtiM Io a59iSt thgm wilh li¥elkncod$ and s)¢¥1 lor their c(mnUed ats'lity lo INe In an Increaslng dcgfaded ecfj$ys18ffl. We havt Pfovidgd 8c4ar ovw a nurnber of ygws. Iuding lh8 provislon of 8L18tainabl• aThd relb8blo sdar Ib?htry 8rJ Chaj pathlitIeS Icrf commurNly dlnks. In 2023 conunwj this wort vlth 0)mmw)ItS arouThl Soulh Horv. and 8150 SUFPrtd the provi8lon olyegr-round water Iwm regiM81 to ATh. Conn8clii)n.' r 8¢hool 8nd prfr5c1 ethc8bcni•wnsprow•Jed lfvx9htw0k17g Nrtwathe j111clm.IbftkOd leaming sessions lo tr•er 15,000 PU15 in2023, wlh 32,C(K) wpils avIs. Ih&r6choo15. SFdal 8ttention was p8id 10 increasiThJ irKlu$Nrty 8nd Temoviw the Io ow F1610n. Whlle w8 Isd rtduc4d.rate tickets to SUPPOn 8 sdec# ftnber of schcds. we also imwovod $upp)rt for groups wrfh hlgh prcyjrtion of pupi15 wilh special edw¢n rbeed¥ and di88ts1.W. Furthermore, we provided lèamiry support to Lwer 1,6W horntr le1j thildM. IAeaThl¥lo our Cal¥jon with the -s11 kindwgarten Kld$ Lcwe Natur8 moved from SIryIh to slren9th. Our flndiryJs 51th¥ the 2year-old$. with Iwr•, becoff rn0 wrnlortat4e in natural space8 a Ihelr 0•50cialbns 1th nature bne thry¢asir#Jly posstfve. Eneowwing ¥pans lor our outdoDr19oming melhodol(Jy and 6tr2 h(KJrs wYlk6peni in ¢ur p¥k and n8lural land5C8PgS. ln 2023 w• were •551st ty 116 vc4unt•8rn, wthK)g8n8rrAty ¢aled ovw9.C(Q hours In supprylol Dur work. We Inllialed our mosi ambibous wellbeing project yet, Irl•l•ng"Accesi Ad¥enlure", Dn NHS-funded green social prescribing wwamme. The ro that ¢onne¢b'on •nd Jccess lo n•tyr¢ plays for people's physical menw wellbeiny is well kntrwn, and 9T soc6al txe8Crit4ng Is the pract ol supportir pecfjle in èngaging irn nèture.based acliwties io improve iheir mental h881th Our ycgrammes ar8 evalu8ied th a IK)listK al.ri5% ywng peop in cdlaboration Mth whSIer Unlver5ity. Our 22 Community4$ ¢servatIe) scouts, based ai 11 slations In Norfh8m Kenya undartook 2.143 Polrols in 2023, coverirvJ a lot81 distane• of 16.(XJ)km #¢¥0$8 SarnbJw and Marsabt A iotal of 75 Grevy's zebia inth"vidua15 worded on 59 OasK5. wlhin groups between of bèNween 2 8nd 20 anirnals. TNS 85ents a SLthtantial Wuease syahting fwwJntAes and provides soma assur8nee th91 the nsu8 Wen by ¢M t•am lo allwiale drought impacls have been successful. dedscaOn ol $c¢yrts and thè surwt ol commlmltles we Mht otheThd$e have been ieporbThg reglLwal ex11tIon of Gre¥y s zeb¥a. This dearty tsemonstrates the value of thi$ work and the 5urwrt M3Thvdl Wiwe fwlitsles. OccuryBrte for gthèi wi6s 8lso shrhved positiv• trends, wrth the excew'on of Ilons aTrJ L1oJs. FLKIr rJrk is being rAanned to exbmine Ihe potenual L8sue5 around ccrtlictwih livestodt herthrs th¥0h our scrxts and trusd partnwthps with local KWS wardens, and through our ¢onwnunity and herder outre*h effuts. (ContiDuad on 1 pag•l.

MARWELL WILDLIFE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORTI FOR THE YEAR ENDED 310ECEPIBER 2023 In TuNsia saitj goodbye lo cdl8agL Amira Sahli and moham Khglil M81iane as they lakè new e9 al Ihe Universlly of FINida. We Ihank trm for their hard dedicBtyon and w5h thwn every SLKcess in Ihty"r venlLwes. Khalil 8ThJ Ar"la i0¥d th• Marw811 team as masier $tudnt$ and we have supported th8m thrOh their PhDs al Turws Al Man)r Univerrity. wNle they have undertaking our field prcgrrns In TunLsk. Ourrg woth r)nonrO ikllrfe in TUnIa is cuffendy b8iNJ carrfed out by partnèrs al AsKKiabon TlSle Vie so96 IATVSI, wlich is a local NGO e51JbliJh•d and run by former ¥lu(tsn18 for whrxn w$ %0 provk18d trdining. W• ar• dalbJhled to 6•0 local l318nl arml experb"s• developrvj in Tla 'ng loard lo fwthertng this woth, P8rticul8ty Ihrgugh ror1Th) collab¢Yans ¢h Ihe Eco NaIal0 de Médecine Véléringire de Sidi Thabol. the University of Tunis El MaA8r, the P85teur Inslstulo ol Turms and Iho Arklland In$lttulg of Medenine and Ihe Tunisian govemment's Dire¢licffi Gkn&ra d85 Forèis IDGFI We laChed 8 9round-breakn"T¥J pw Io iWAea8e twJer numb6rs in 8hutan by 18ss8n9 th F4op18. Flje throah a b8gacy donation. w• affj wothir¥J wth Ihe Druk Nyo FWnd&l in Bhthxn bnd Ihe Nèlional Ffftstry seiCe to Ionet pe(rf) wlh th8ircuhur81 hgrttaga. In vthlch IwJèrs play a major part as one olih• satrod animals In BuOJhisitradib(x) In 2023. convened an expert pa1 of Byd¢Jhi$i leoders from monastÈrfes. ZhorwJs a1 other inslliLrtkn5 acros5 Bhutsn. This panel have $18rtod providlng glj¥r¢ lo monks 11 to underlBke extenwve sludNgs ol tyJrtural Je¢lon9. Th• tearn Ar• seekln9 to Id¢nlify and doeumni wyliion. and graphic pres8nta5 of tigers in nurnerous IoThn5. Irlding folk lalo$. Loz8y ball&J$. Tsorwo poems. tra¢Jrticm81 bel18 and olhgr narrative¥. Thls proieci build8 Inrwtfvg cc4L3b¢rtlk)s belwn the Scientif 8NJ curtural ¢ommunities In 8hutan. combirirpJ •fforts proi•clitin of tbern ih•ir ttats. Kno8&a8 Exthangè and Innovabon". We Improved our heal ty40rk. knking I1kn IxthkliThJ¥ sled by cffi Jtte lthv1b0n •n8ryy. O biorna3$ ioil•r ean be fwj Wilh woc4Jchlp or anim&1 w8$1¢ Wuotios lo provth heal lo our Trcpical House, OkaF4, ma1 Hall. Cwalors Cdwo. Lrfe AmoTrJ th8 Trnes ond ThriviThJ Th0h Natura W• continued effo to exw¢J ors.sile gen8r8lion ol solw energy. knc1tyjl irtl8tsng paflner3hip discu5810rffts with a Unlversty c4 sIxthpIon lo and d8lr8r th• n•xi ph&8• 01 olectsk vehlcle ehbrglng SUPFQrt. Irn 2023 we started ftKJdo11ing Ihe ¢arb balare of OLW Itt81 aThJ global ¢ons. part ol our aflorts lowor<ts carbon nwlral net-zero. Of n8 was our lCulaOn of cartw 3equ8stration on OLY ¢)wn landsca. Indydity thè zty) and surro11Va ec05ysiwn. Ewly in¢kntiOn$ 8IW UB ¢0 announ¢e Ihal we hac$ 8chlev¢ ¢arbon ntthrnlty our UK ZQD.b#s¢d ¢Jper8tion8. In 2023 our cartN)n f¢)oiprint W88 412 tonn#5 CO1•. almost 100 tonn85 lthvorthw 2022, 6banifieanlJy aflocted by tsJr rwjLS in heating luel Wilh earbon abscthd by our woodland. fiekjs poddctks es¢knatsd JI 547 lonno$ Cole per year, we agaln absothd mof• cOn Irom lh• almtssph•re Ihan wè •milltrJ Ircrfn the zoo opevètifms. Wo sllll have lurthef lo go vlth nèt.ztsro acrogs our onlit oryanisgognal wogromm. but INS is 8 good step. In rnoddllng ow carbon 51orag8. 8lsodevelry8d an irili¥ (k9ilal 5paii41 dai8ba8• Ihalwill form the bBsl& lor 8 more ¢cwrp181e rnanagoment sy$tern. We wèrtr <olighled to Wene a nthw sludeni irlake fov our MReg prc¥3ramme in Wi1¢1rfg Conservation. delivered in cdl8borntion wlh the Univer6ty of Soulhanwtw's School ol Bio109ical Scien. This programmB remains a uniqu• and valuabkj to wovmje 0PFQrtt$ for Ihe next generabon or ¢onseryation sclenvsls We hosled our final rota11 ol zoo vAdle medicine ekdive stusJent$ frorn Ihe University of Surrey'$ School of Veterinary Mtdicin• and conlin to host ¥nd8rgraduale $tudent8forth•irÈxira mural studies throL¥h Ihe year. 80th wps fftlenook four-k pbacerynts wih our In-house veleiinary leam. Including dlnical 5harJowing, wlLshops. earCh propcis, inv0st48&0ns. iwmal b$ as$isUr#J ourAnlm81 Behavkurisi and Animal NuirilkJr¥sL Our3cientffK outputs duriw 2023 Ir1 18 aftS co¥ern9 20 spe¢6e5 and lax8. addresgng a range of srt)Je¢ls IlUdIng cseal genelics. ecology. ¢ServatIOn trnnslrK81n$, veiertnary sclences, arimal ecology. ¢seatiOn writisaD"on. wiklrfè nlonrJ, and anim¥1 wellare. Ouf d-ClasS CDnswvatioTr re5e8rth programmes ¢tinued thrrAyh acad8mlc p3rtnershlp8 Cll fxJm8rou5 Vltally Importanl as15 to irfom) These develo1 of Uncrewed AeriAI Vehlcle IUAVI applications for cCSerVatI. for whkh we are w-SVP8rrising a PhD sludentship with University ol Sovthampton." and underslanding Ihe iwact ol infrastruLIUfe on Grevy's zebr8 rnovements and pOpation viability in K)ya. is suworted by 8 MaThstll supe58 PhD SIjentsh1p at UnN8rsily ol Nrob

MARWELL WILDLIFE TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORD FOR THE YEAR ENDED 31 DECEMBER 2023 We publish•d ourwoth on 8dwtiNJ the Amim81 W4far• Asse5smonl Grid IAWAGI for a980s8iw weware in terTrslrial inwart8br41$, usiry lh• Madag¥s¢an h"ss¥vJ lGrompldlhrt0 p1010$•) as an exaft¥A8. Wé were also ddwJhted to recerye a gdd aré Ircm Ihe and Irish Assoc5atson ol Zoos and AquBria recLwJnising deveknxThJ the AWAG to ¥wve Ihe wellare of zoo animals. We We pleased io conbnue our to Ihe IUCN th1Ojh svppm and hosling lh8 Antel¢y s[laIL%1 Group wthin the SFeues Surviva Commisskjn. This valuaLle wovision m8intMi our role as a aling c¥9arfsati(M) IN anlelcp8 conswv3tK>n Bnd ofters opportunitse5 to [nIenc$ wwlfyr sw?¢ion efforts and devalop aw¥r8r. This indL4Je8 M8NffjII providirvJ 5UPPOrt lo pdicy development for nalure'i c4)Very and 6peci8s conseNation nationaY and Intematirmauy. Plan# frlutyr• p•rlod• In 2024 ccffllinvè VKKk io ddiver our Conwatn Str¥teoy. TN6 indude the lolltswiry obleclNeS'. Grevy'8 zebra Sustaknatslty rtmalns 8 k•y nCern in the nortfv ol Kenya partityjlaty. We wiu continue lo be rnembèrs Of the Grevy's Zeb18 Te¢hnlcal Commillee, pfovi¢JiThg leadership to t)skftyce6 and On6ng kno%ed98 transler to partntrrs in Kenya. We will also cbosdy rr•)nttor otyc4n9 drowhl and provlde emerger¢y reli61 zobra$ and our commLfftily leams. Wè 11 conlbnu• to $w)rt arKI ¢kneb¥J plws k< antelop8 and tslr oc05ysi•rnS in Noth Africa, through ¢)ur focused ettorts in Tunlskg. In partlcJJlar. VY I(Ku5 on conllnued management n)nitoria ol ¥drThlar-hoined PQPLdaiths'. a1 Tr)nitrAirrfJ ol $lendor4Me gazelle a&J8x. th explorat ol opiions for Ix•odhvJ ¢ontsBs in Twwsia. On th• land manago oUndj the zoo, we b¢gh •xplortw 0¥ lo Crea • Nalur? R6s•rve, wjvlding grèatar comnMY4ly eThJ•3wrnnl, a1 off•dr3 •nhartsd ttsra1 8p9¢ lor vAd•r sec1tr5 01 lh8 PUt4ic We 411 convnw Ouf lorwd-t8m Eelnw Marsh Site ol Sp8ual SCienC Interoi ISSSII Io moinl ils hSt-1eI wec1 &re8 $1?$. W¢ 11 alK¢ undertake to revi crttic81 blodlver¥ity nthcators on Ihe 51te kn 11ght ol man•gemert to as8•ss anLI Iryct8. C¢mction.' The Marwell edue4t1 learn ¢Onth to wpw)rt arnI1¥a •cwss all key slageg. indu¢JrrfJ revlowNJ and suFwrling le¥$•, w0vion GCSE coms w sust8inab.lity and Natural History rBspecli¥dy. Our expertlse vllh Special EthJcatkJI Needs childrgn will b8 reviol and r•fresh$d needod lo enSLir• contW¥U8d ¢Jdfvery ai the h19 $taNlarO$. To •xplore 8Nh8nc8rr)l of our proviswi lor lOcr Ing. indudw( Aiiwnaliwe Provislon. SEND opportunlUe5 al our con1jn# d81Nery of rtY.ya notwe Igaming th WT partnèrs at Kids Love Naluro. Harnpshire Cwrrty Counol. OurwoTk on Gfyvy's zebra 0)v1 in northam ya ill conTh. de¥dong cptyon$ ts m8lnl&ln an¢J 510t6 PC4)ulalion conn8Ctivty. We pmvidg leadership in SUprt of new govemmenl (Kènya Wildlrfe Survey) operabons to plxe GPS ¢ollar5 animals in foglon wound infrastmdure Iro#d. r811, urban) devobwTrents w)fm milN)afy"ons. Our community scouts in Konya will maintain LN"OLJivetsity )liOn9. with ¢{ul¥9 •upwt and l¥ryJrovernent fr¢yTr ovr tearn. We will Conbnve our wider community SUPPOrt. explorir#J strategic and lundiry partnersh0 w enhaw •thJrlI to thklr•n. both in schod$ and to those thai rernoin to wod( at home. Capacity a1 irrplementalKn support fry leopards in Asia VAtI cortinua Ihfough cryolThJ partner engagement and assist8. Swert in Bhvtan extAormg ojtural 3nd swelal driver5 of Fersecubon and to develop sustain8tAe mgans cl coexisterte. particularly in ¢ont8xI of Larnivo a8s8mbl•Jes iNgudiffJ 18cyartl eth1vn leopard. Our roje pr¢)¥idir¥J te¢hni¢81 sUPPOrt lo Ine Global Snow Leopard and Ecosystem Prcthc* IGSLEPI and prov¥ding policy support lor rnernbgr cwntries. will be raintsed. KnovA¢dy• Exthange and InDDval.' OOij populaiw a55es5ments aThJ manernent supp(wl lor the xirnilar.homèJ oryx groups. founded by Maell Wddlife and p8rtnws overthg lasl 30+ year5. Host a BIAZA Prilnate Nutri tonfeTrn¢e here at Mafwell to share ihe kn[edge datm we h8ve oblained through use of (bffwwi animal hUsbdry iecthqyes and us8 ol AWAG fN our Prirnates and Srnall Mammal5. 10-

MARWELL WILDLIFE TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT AND STRATEGIC REPOR TI FOR THE YEAR ENDED 31 DECEMBER 2023 Conlinue to offer SUP[rt technic 808th1p smaH popul8ti¢>n manag8ment aThJ sustainaÈ4ity of the Grevy's Zebra in Kenya We vnll achleve Ihi$ through our role on the Kenyan Govemmenl's Grevy's Zebra T¢thnical Commiltee, Indyding vrted kadership on tasklorces. as v4dl 5 dir8ci support for partrrs, such 85 supeNisK)n tr )stadale studgnls undertaking research and org8ni¥tng tho otiZon-¥cience Great Gre.5 Ramy. CtIntse r work in the irnovob.ve develcyment of wnannl 0grial vehldes IUAVI and m)thine leamir¥J thnOlogIeS lor rn8•1¥81b applraiws. tswthryj and ¥uKwrtitYJ tho use ol UAV8 th In.¢(wstry global partnw5. Test the use ol M8Th¥¢11's Antrnal Welfare Assessment Gr¥J IAWAGI on free ranTr9 spedes. Policy Support ¥ll conlinue to be unoertaken thrtyjgh Ihe UN'S Iniergovomm8nlal Sci8nc?-Pd Platforyn on Blo1Veity Ecosystem Seres IIPBESI. ond our erwement wilh other UN bctyJio8. Indlrfliro a$ Observern tts UNFCCC. and the comm$b Migratw Spec5 IUN-CMSI. and support to m8intain Ihe Anlelw Speciali51 Gmvp Prograrnn Office. Conbnua lh8 li96r culknKal herit4e prod in Bhutsn. wilh a t of BLrfhJhi5t schoswg rthv enguged to lenlfy and rsr d8piclions of aThY other wAld"rfe Ilwt can connecl peoplc 10 Ir h8ri1age th311s otheMs¢ in danger of beiry 105t. Tkng ¢5 al9d with rd suNeys for bgèrs and otr bKJ cats, b?In9 undertaken typartners in Ihe Bhutsn govemmenl's Forestry Oepartrneni. We VAI provirle lechnic•l s61st06 to these te8m8. IndlIrJ lh• 8upervAbJn of Pho ¥tthl6 urK1grtan9 f•J•)rch on tiger. leopa ènd corrffiw leoparf. Fln•n¢lal r•vlvw suh•qu•nt•¥•nll 2023 w8s a ch8lrv3iryJ year ffin&walty Tho crnl ol (WFl•d Vh sorn• very el 8TrJ wlndy periods ol weather over key tradir9 months mearn Ihat Irbcome WAS plac4d un¢Jer pressur•. W r•8Ct•d lo Ihis pr8sswe In several mè8niryful ways. Fitstty Ihr¢xbJh 8 robusl cost review and 3tsbs¢went rsthjcb.on in some araès along3id• a hKJhty prwjenl bvdgvtirYJ prw55 lor 2024. seCdIY. we introduced Value licet prowwtion aimed al Ihe lamity m8fkel $ld 8bno characier 8vanls which drovè 5ignifi¢8nt looW81. Tlws lo fiex our approath lo revanuo 98n&ration hao helped ¥hap• 2024 business plans and hvJlblightod Ihe OrPnty lor divetsificalw ol wicc¥ne Jwg8ms. In 2023. we ran the'Glow I1811.WinIeT eveni fcv a y08r. Wth In to plan and evolv• event. it was a tremèndous $ucc88$. wovK1iryJ a lavaer wrrdus than wev6ous years givino oui 9ue8t¥ a rgon to viiit us dwlrvj th• fypbcally wlelef rynt¢r ITthI. We ar• gratef l¢v those people vtho ccfis4Jer r chanty in thwr wll. This year r8CèiVgt1 legaciej from èight esiate$. LegA¢ios receNed lotall•d £252.852 of unrestle t[Ke. ofwhlth we èccNed £300.oc of incorne whKh h8(J not been al yè end. Conversdy. in the 0v$ year we had 8c¢wed income of£538.OCW) allhe end of 2022. butwe had lo revisè oureslwnat¢ of incorr expecloddv4vnwards by £73.0 In Dddltion, 1¢gatse$ of £,0C werè rewvea duThvJ yeaf. Rès1Cled fwd8 * lh8 yearn<l wei• £341.76112022. É413.7021. Our reStred rn•eMI$ 8t the y•ar.d £17,918.55112022.. £18,685.8641. The truste•s h8ve èsl¥N¥$W a Tes•rves pollcy. ot48ct of N¥ttlch is ensure thè rmtinue¢J ¢)peration of Ihe rxganls)tion. inCtt9 Its sdenllflc. ron5eThabon and educabonal progrnmmes. 1115 the ¢hgrity'8 policy io hold a mer¥• ¢wgr aThJ aiThe th•1 held in fixed •$8¢ts. eqent kn at l••st Ihrv monlh•' op•r•tim expenditure. Thls year thè m•11¢ kn ukulatity ITeg rB••N has been chwg¢d frwn thai used in previw5 years exclud8 lixed assets ffinart by ow long-iemi bank b)#n from the des¥Jnaled fix8d asset re58Thte in cvder to more acujratdy r8fthl Ihe realty of ihg charity s fin•ncial pjson 8nd IV4ulty. This year free reserves al year en¢J (under the new definitionl st0 at £2.791k to 2.7 nthS opèrat9 exwndrtvre 12022.. £3.940k. 3.7 monlhsl. This UCIn in Iree reser¥e5 is due lo lh8 PssU$ cffi irKorne from Ihg cosi-of- living criss and pcKJr wehgr at key Ilnw in the year. We have prepared b)eLs I1h8 year to 31 December2024. whNth are a fair rpOedion of estwnaied incomè and expenditure. WhiL81 w8 telieve that the charity oper3te intrj the dtstant futUTe, il 1$ our view that I furth8rdevelop & diversfy our in¢ryne streanks of w851numbers. events. IradiThg anrj lundraising whilsl rngnaging our costs. It rernains thè lo r•tum lo a p)skn we taffi base Iree SerVe$ $uffirAe for at leasi thiee months, operallng expenalre.

MARWELL WILDLIFE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORTI FOR THE YEAR ENDED 31 DECEM8ER 2023 Struciur• gov•rnan¢e and m¥na9•monl Con$iitutlon The conwny Is Ilmited try guarantee. Ihe 9uarantee of t8¢h rwnb¢r Is Imited to t10. The govemin9 instAbmenl is the MerrKJTaThJum a1 Artydes d Ass1. Morwell Wildlrfe own$ lOkn CO Iho share captd ol SorvK•$ L¥Thted. IAarwell Wildlrfe own the laTh and all Oth81 8$s8ts and deals wilh inccfie and •xpJTe rnlatlThJ to ihe operatlon of th8 rk. including the uF4Leep welfare of ihe anim81s 41 vi4tu sewes, con5eNation expenditure. and expendibjre ol educati. MaTh¥el se Limited deals wth 81 our Irathng actNities. for exw)ple orne frcrfn wr shop, fcr our caieriry operatlon. And from hirfr¥J out IM hal cmferences and ottr 8venls. M•thod ol •ppolnfm•nl or •l•etlon ol Tru•t••# Tho Govemiro eody ol Il chartty 18 a Boartl d nol lass Ih8n and not rmre fourt•an Trus08. New Try$te•# we elected by the Board folowryJ • f•wibYnI prw$lwilitst8a by the Nomin&t$ Commlttoe. Appllc8nts 8rÈ sowdht lrnm o ¢n810n ol p8r¥4 fel¢rras. adveriiset1 vwan¢ie8 8ThJ execu seorch JanSsailons. Trustees ar& 8PWnt8d lor a thrB••yQW lenn bui may 0r them8dl fLY r8.818ditsi at Iha end ol•acb ienn for a m8ximum 013 temu. TNstses may po$8ibly offerthem$8lves r•-olectioTh •nd swe for 4 tWTns W) •xceplwo1 C1uMCeS. Polld•s •dopt•d for th• Indu¢tlon and tr•lnlng ol TYu•t••• Troiniro of Tfu¥ie•s is agairnt InrJivKJal Irainry nogd• 8nd • fum 1ntr0thK ond Indu¢tsw to t gBnlsaii¢n is 9N8n to Trustees appowilmert. 0r9anhat10n stru¢¢ur• and d•cl•iw m•king Th¢ Boa Th)rrnBlly m8è1s four lirrB th y•W to revlew •trBy and perfomMfKe is hdped in its by th• lollow'rvJ Tntslee-led mMI(f•a3.. 8usirss Dev¢kprnI Ilndth Audtt & Risk. Capilal Expondliwè and ComrMr¢i•ll, Conservation line1$ onimol colkctmyi, b)dN8rrity. and su8Wnabllltyl Ethics Humarn Resour¢e8 & Remwration orninations Mark8UThJ & Fundrai11. cornmit$ do nol have 0xul1ve authcth are by aTwslg0. ComrThtt80s h8ve they ¢)Ym lenns of refere• an provide Ilokage back to Ihe main and WFWrt for yenHv m8Thwm•nl of lh8 chorfty in thrIk R•mun•rallon pollvrf The Truslees con08r the 803rd ol Twstees, Ihe CIM•f ExeeulNe Officof ihelr Execullv tèam. io trJm am daY-l(aY managennt 1$ (Je81ed, to crynpriso lh¢ kty manag8mwl Fer50nnel of th8 charity. Th¢ Execuiive team Cpse5 the Chi81 Exg¢ulive. Ihe Director ol People and SeNic•s, CorTThèrcial Direclo¥. D1clOr of Anlmal Care and Ihe DbTeLtw ol Con5•rv•bM. All memr of 808rd ol Trustees gNe their tlrne volurntsrity and received no benefjts C¢eX8•S IfcTh Iha ¢arfty Oihw th thDse dix4osed In Note 14 10 Ihe acwmts. In txaminirJ and awardiryj •xetsJbve pay. M#hl u585 8 laty crf se¢tci data borbchmath$. Thls includg$. but nol Iimrted lo. the amual ACEVO Pay Survey. pubkrjy advettsed vacancies for simllar 78Mons vAlhin the $8thr, and market inlelh3eKe throh Ma.1 own nefvvwks Tegardlng ¢JiTect cory)ari5011S. A Rèmuner8tK)n Commilte8 fomd frcffi ffmber5 d the HR cnrnI¢ee ovetsees this process. me8tirJ yewly Allhough spe¢fft io eXts leOral10n labled at any tsmg. Ihe 12-

MARWELL WILDLIFE TRUSTEES, REPOR T {INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORTI FOR THE YEAR ENDEO 31 OECEMBER 2023 tommrttee norrnalty •xaminos refflurwati at ils Odober meetry and (Trentty aim$ to a¢e exeINe r•munerntion in thè mèdian quartle for Ihe s. Ri•k m•nag•m•nt Chwjight ol risk is deleqate(I by the Board to th• BLthss DevekJpi)wrt Committee WI have W awde one cc¥ry¢¢ee mgetirwJ a year SOlY to address this loric th8 Risk R&JbSter In Jaiail wilh a view lo ¥ubJoquenl Board report. Risk RegiSt¢r was in 2023 asses$W Ihe impact of a ranDe ol strategic, regulaw and reputalional as wel a5 operau(Thl ritho and to en$we resPLslIV for mrlI0rIng and controlling lh¢ leynI risk 10 r8duc• ihe lknhhotd do¢Gvrrerth or irwa¢t 13 8lkx4ted appropriately. Th• ftY)sl BnIfic&nI risks lo ma11 Wildlllo • •S thal ivry8cl rOllOn ofth& zoowhlch 18 the major contrib¢jt to our Chantab wtPLrfs. To t"6 8ThJ. a Ih)rough rgvw of 8vslness Continuity 8nd Olsaster Rocovery 15 rouunoly undertaken by all operational departments. As 8 re6vh. bu$in8ss cwllnulty pl8nning Iocusses on ¢rurry our cnli¢81 acti110$ arv protect•d. so lar a5 po$%ible. from evenl5 0SkIe our conlrol and tho incidenc8 of ev&nl$ within our is prcp•dy mttyjaled bnd controlled. W8 con.niJed this planning throughout 2023. and wèwll r¢vkw it in 2024. rdevanl procedure9 developed. exarnlntd and lesied. We will also address the impad and fwk profile of the upcoming Martyn's Lgw IPrDj•ct Protecll k8gislaiion on our 8Ctiwlies This up¢om¢ThJ legislalion wll aodffjss the li8bilily of oroaThisalion5 oper81¢ putyieJy acce8silY• sp•9 ¥Mth regwds to secwily threats ar pol8nbal orIs1 activily. In addiuon io 'bu$ineJs u¥ usual. dsk. our major wqec15 are $•parnlety risk assts$ed lo ideThlty ¥rea5 01 uncertainly JThJ opportunty relati t propcl work. pr(Ouc15 ou11rrs. as w611 as the impacl on day" ltrdby op8ra16ons. TN•t¢••' rnspon•lblllll•• •tst•m•nl The Tw$es (who ar• abo (lir8cl¢xs of Mawll Wd(#il¢ ltsr the pwpos•s of crynp8ny lawl 8fe respon5ibl8 lor pi¢pAring Ihe Trustees. Report anil the ffinancial slateThnls In ¥xordanGe wth apphcgbl¢ law and Unileé KI(10M AccouniiNJ SIdards (Unii•d KirKJOtyn Gertrnlty kcpt•d Accgunting Pracucèl. C¢mp•ny law r•ouirg8 Tne•S 10 w•p8 ffin¥ncio1 statenwii finartial year Vnder ¢¢panY law the TN¥lees must approve the financi¥l $¢alements unless they 8re sgtlsfiod thai the glv¢ 8 true afid far view of the slate ol all•irn ol ts f8ritable c>Trpony ANJ lh8 9roup ard of Ihe incorning re$ourrs and applieation of r•sowc•s. indudiryJ Ih? Incomo arnl exPtUr6. trrtsb group fLv that pwcrfl. In paring thtrse fin8nciBI statements. the Trust are reoulrtd lo". Seleet suile Kcoumbng 'e9 grbj Ihen op&ty consi$18nty: Observe the molhods arwj Frffjnciplgs in lh8 Chaiibes SCf¢P.. Makg ludgmonts and aCj1¥ esb"m8les thal &rrJ reasonable and kYLid8nt". Slale whether 8ppIic8blÈ UK Accounts"ThJ sn¢Jard hawe been fdlow8d. subject lo any rnothrl&l departur85 disclosed and explaird in Ihe fiwcial $talernenis,' Prepare tk fin8ncio1 staterrnts on the going crnm ba%$ unless il 1$ in•pproprio kn presurr thal tha eh8rithWg group will t411 in (•r¥tknn The Twuslees ar• $SItIe for keepiNJ qualewunlJng records Ihat ar9 suffici•nl Io shtsw #nd èxplah the ¢haritablv compAny and the 9rcwp'$ transactio and dlsdos8 With re8$txablt 8Cturacy al any time IhE financial Pos. ol ihe chari10e group 4nd ena8 th•n io Sur8th31 ihe $ements cornpty the Companies Act 2006. Thoy are al re5W)sitA for sale9uarding Ihe 08set5 of Ihe Ghthtable con¥)any arxl the group hBrKe for tairwJ wscfflable 8teps for the PTtv8 and detection ol fraud aThJ ollr irTegularilies. Dlsc108Uf¢ of Infomi•iion i• aud5tor Eaeh of Ihe persons who are Twstets al Ibe tsm? ¥¥hen Ihis Trustees, Report is appioved has confirmed Ihai.. So far 85 that Tr¥$tee is aware. there 15 no felevanl auoit Inknrnation ofwhich the char¢t8ble group s ditor is wawarÈ, and Thal Trustee has iaken all thÈ steps lhat0h1 lo have been lak¢n as a TN518e in order lo be awa of any infomati¢)n needed by the tharilaNe gtovp's 8udMoi In r£¢nrethn wllh prepaiing 11$ report and lo esiatAi$h th8t the chari*bk gfOUP'S auditor is aVra ol tw bnfomialion. 13-

MARWELL IMLDLIFE TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 DECEIABER 2023 Audltor TnJ8teo8. Thi• reportwas tyth• T .. grxl wJMd on tlwk bth•ll try: Fr• rni•n 14-

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MARWELL WLDLIFE FOR THE YEAR ENDED 31 DECEMBER 2023 OplnSon We have audited the fiTrona Slatements ol M)rweU WidKe lthe 'charitat PoTrI ¢omp8ny'l and h# subs¢diary Ilhe'9roup'l for Ihe year ended 31 December 2023 whh ctsnprfse the Cornsolidaled Slatsrnenl ol Financial A¢ltvitig¥, the Cortsdidated Balm Sheel. ts Ccmpany Balaf Sh&et. Ihe Con5dldaled Cash Flow Sl81gment and rK)tes tolhe financaal statsments, indud1 a surMry of SignGant accounting 18$. The financial repo" Iramework Ihat has bwn appld in thesr prep8Trtion 13 appiKable law and UAiled Kkngdom Accounling Slondards. induding Financial RepDrung siandaid 102 'The FinBnu81 Reporting st•ndard aPpIable in the UK and Republic of Ireland Iuniled Kir4Jdom Generally Ac£epled ACcoun'n9 Practice). In ouroplnw)n. thè flnarKia Strtts.. give 8 tru• and lair of the $tat• ol Ihe 9roup'$ and ol Ihe chorltable pargnt tompany'y affalr5 at 31 Decembw 2023 8nd of the group's sOUrCeS ond application ol resources, induding Its Irwme & •xpendilurn. for Ihe year then ended.. have been F¥operfy preparnd in with Klrydryn GeIlY Apted Accouniing Pr8clice.' and hav¢ bo8n propThl in oc£th¢• wlth Ihe Ihe Compan1 Aci 21Th. B¥•l% for oplnlon We NduCted wr audlt in accd•e Int•m•¢knn81 Si8r•Jarth M AuditsWJ IUKI IISAS IUKII and 8pplicable law Our fespon$itililies under Ihose $t•dards aro fwlher d•s¢ribed In the AL1108 respon¥its'litse3 lor th¢ aud1( of Ihe fmnC1 $thMen15 secihw d wr t. W• are In¢gp•ndani of Ihe chBrity In accordance wlh tht olhi¢o1 r8quirnm8nt8 thai are r81evant to ouf audlt of the fin8ncial slalemeffls In Ihe UK. Including thè FRC'J Ethkal St•ndard. aThl Yt have fidmed our othèr ethic41 rtsponsibilibe8 in accordance with thes? r8quir•men¢s. Wè bdio¥0 Ihai Ihe audil eylderv wo havè obi•in8¢J is suffici8nl arKI 8pproprf8te to pr¥vid• a bag13 lor opkn1. Con¢lu•lon• r•l•tlnq to gdng con¢•m In wdiliw Iho fin81 slalem8nt$, x have Wud00 thal lh• inJsle•8' UBe ol Il gc4ry con¢Èm ba¥8 cl 8ccountiNJ In the prgP8fatbn of thè finow81 slatoments 1$ aFwpria(e. 88sed on the th wè have perf0rrn. w hav• id8ntifd Y m8twig1 LwKertalnllgs r•lalln9 to evenig or ewdllions thai, indiwdually or collttiively. may c881 significanl doubt on Ihe group or charitablo parant ¢offjpany'$ abity to cfyTrbnue 8$a golrwJe4y¢6mfow 8 ped0d16¥slt¥l1 nnthSIrCffi when th$ finandal $teMentS A aulhort$8d is$. tJJr re$pon8lbllI0Y and thè PbIl8 rfthè biJstsg8 ith re¥1 tom ccvKom ¥• deBbed In tho rglevant 9ecbon of ihls report. Oth•r ln1orrnaon The olher informatbon comprises the irrfcrtination Inclu¢Jed In the annual trujtees, reFQrt otrr Ihan t financ121 st8l•menls 8nd tyjr wliic¢s rewt thefeon. The Iwstees a responsib lor Ihe olher ¢nlormalJon ccrtained %ththin ino annual repixt. Ovr on th¢ finarri 6tstgm•nts ntst covÈr Ihe olh6r informaon, e¥wl to extenl olhemse tsxpllrity staled roprxi. and we do Th)t expres$ any form of a55uron¢e cOndusn the. Ovr SponsIbl1ty Is lo read the olher inl()mwiion and, In ijolNJ 50, consldar whether ihe other infonnalion is materially Slent wlh tho finandal stalemenis or our knOWge oblained In lh& cour58 of the 8J11. or othomse appear5 to be materially mi531ated If we identfy Such m8tedal in(w31$terIÈS or apparBni misstslemerrts, we requi& ¢0 dtstèmiinowhoihor this gi¥•$ rise io a m8terial misslateNl in the thnanual sts¢effents Ihemseivos. If. based on the *Tk we have perf¢)rnad. Condje Ihal thwe 1$ 0 fflaterial I8¢91ni cl Ihis other irrfcma1. we arè QUIred 10 report that lact. IAle have riolling (o WEpryI In th[3 regwd. 15-

INDEPENDENT AUDITOR'S REPORT TO THE IAEMBERS OF •AARvLL WLDLIFE FOR THE YEAR ENDED 31 DECEMBER 2023 Oplnlons on other rn•tt•rs pr•scrIld by the Companbes Act 2006 In our opinion, base(l on thè undort2ken in the cwr¥e of •wJL" the infoThnaiion gen in the IN51ees' rei#rt and 8tregk rekjyl Prepared lor Ihe pury)oses of company law. lor the finartial year lor vhh Ihe financ5 statgm•nt5 are prepared 18 wsisient th• finan081 siatem8nl$". and the 8lrateglc roport and th6 direct$. rewt wlA tnJgtees' rewt hovè t•en pr•pared in a¢¢(dance with aFvk8t4è legal rgqw1ts. M•tters on vthlch w• •r• r•qulrod to r•port Y •x¢•pti lrn light of the kn¢ywledge and under6&ndiry ol th• group arKI p8rEnt charilatAe ¢ompèny and Its vlronmont obtslned in th• ofthe audit, have not 1denlrfd matsnal rrtSStslem8ni$ In thg 5trato9 rnport orihe director$, fep¢yl. We have nDtrM'ng io reryt in fe6pecl oltho fc4hy•Artg matters in relation WhI Ihe Companies Acl 2(X)6 fequifès iJ5 10 re youll. In ow opiri ad•ou8tg aecoun1 rgcuds have t bwn kept by the reI ch8ritable coffy8ny. or r¢tums adoqual• ¢JJr audli ha nol been rtceived from bnrthes nol vlsiled by us,. or the par¢ni Charstable ¢L¥ryany's finanu41 Jre nol in 0gre•mgnl th Ihe •ccounJng and relum$'. or certain disdosures of trust•es' reTrnratiOn $peufd by law are not made.. or havè not recthv8d ell thg ink4YrAkn * ext4an•tiMS Wo require lor awjlt. R••ponilbllltb•s ol tN•t••¥ As explained MO Stslwneth ol trude83' r•¥J)n3ibfibeg, thè iru8tee$, ar8 81$0 the dlretiOryJ ol tho chawtty lor pwposo of compary law, arn re¥¥Jnsibl8 fwtht pffjpwallLW of the financial $tatament¥ anij for b8iThJ salisfied that iw gtvo a Irue aFkJ fwr ¥knw. ar fcf sh int¢mal ttr¢I 8$ the trusteeg delemilne Is nec8988ry io enab the try¥raUon of fmanial $taMients It are from materi81 rn158temenl, %%l)ether du io fr8ud or emr. In ww8rir¥J tl finantial stalements, thg trns1 are iespon¥iblè for asseS5g the tharity's •bdtty lo continue •$ 8 going ¢(c•m. disrjosing. al 0ppl1c•b. matters relat8d to goin9 Conc •nd uJiThJ Ihe 9¢Yry c(Mw basis ol accOunn9 unless Ihe trustee5 either intend io li¢Jul¢Jale or to c•aga opw•tvw. or have no •ttem8tiv• bui to d¢ so. Audiiorf# r••pon•ltsllltl•• for th• •udlt ol th• fin•nelal •t•t•ni•nts Our obJ8cJves are to d)tsin rn8Bcffiabiè ass18 8t vtth fin8ThJal 8talenwit• a8 8 Whts are lrne from rnerial rnissialerwt. vthether due lo frathJ c¢ error, and io Issue an audito($ rert Ihai Includès roplnion. Rea$¢xable assuran¢% 15 8 Ngh bgvel of assuraftc• tAAi5 IK)ta guaraft8 that An audli wnduGted n ¥dance vllh ISAS IUKI 11 afvays dthO¢t a maienal M¢SsleMent wthen It 8xislS. Mi85th1eTnents can 8ri18lrom frnud orerror8nd aT8 considwed m•ien81 rf, iThjIda1ty orin the aggrtgale, th8y could rtBsonabty be gxpacw io iTffluonce Ihe ettjrhynk dèclslons ol u80rn laken (#) thg b8si$ ol Ihtse final1 8talemnt8. A further de5PtIOn of responsi"e5 1> wal•t4e on Ihe Finanesal R¢wling Couftul'3 wehlte 8t.. hltpg'.IhMv.frc.OTg.ukl#udllOms1*llles. TNS de¥criplkn f(xrns of ow wditoes r•port, 16-

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MARWELL IMLDLIFE FOR THE YEAR ENDED 31 DECEMBER 2023 Extént to which th• aud c<Jn¥ld•red capabl• of d•te¢ts"ng Irrngul•rltl•s. Includln9 fraud Iwulanties. Ifludi fraud. are iThslarts5 01 ntsnllt¢ynplk1 law5 regLAatsons. We de$lgn pro¢edures in line wrth our reSPS111t$. oullined above and on Ihe Financ4al Reportlng Councll's websile. to detèct marial MseMents in spect ol le9u18nts"eS, ung fTrwl. We obtain and updai6 our understandiThJ ol the enlily. rfs activities. its conlrgl envirommnl. and IelY luture d8velopments. indudiThJ in relats"i)n to thg lrfal aThJ ragulalory framawork appIatre antl how the entity is comptying th tho1 framèwork. 8asod M this LW)derntwding. identify aTrJ assess the risks of materlal mlsjtatement ol the finan0 slaiemetits. due tofr8VL1 orwror. degn 8nd perform 8udit pro¢odures rgSPb)llSiV• io those risks. and obtairs wdit evidence ¢h81 is sU"t and appropriate to 0VId9 a b•$is lor our oTrI0n. Thi5 indvdes ol thg risk ol xts by the enbty thai were c¥Jntrary 10 appIable law anL1 wulallon5, induding fra&. In response to Ihe risk ol wvogulalths nonthe0¢ce wih 18rffJ and regul1)hI. IrKIty fr•ud. w• d88wJnad pro¢oUr whlch irKluded.. EnQry of manwJemeni ond those charyed with 9¢wern arrAmd adual and potential lj claims ès w811 as actual, uspeet•d Dnd alleg8d lrnud.. Re¥17a mir¥Jlos of meeUTra$ ol chAr98d ith govern8." Asss$lrvJ th¢ exlenl ol compliance thè la aTrJ rewlicrts CA)r¢Jthr¢d lo hovè 8 dlrecl matenal elfecl on finarKW 3tatem¢nts or oper8iK•ns of the enDty ihrough enquiry and in5peciion.' ReVIn9 final slatement di5dosures and 5119 to 8upportWlg ¢Jocumentstion to 0118s8 compliae wilh eppltablc Iws arKI regul8bon6,' Perfomiiry audltwcrfk QV8f Ihe fisk ol managèment tias arxl Dv8rrid¢ ofcontth. Induthng Iolllng olloum81 enln89 and olhef edNJsvnBnls lor 8pprokwleness. tsvaltotsw th8 t$18$5 ration818 of swnif1¢8nt ans8¢¢long ouisido nor1 ol 0$S and ¥ln0 wunllng •8bm?105 lor indicators cl polential bl9¥. B8cauM of the lnhwenl15ftlTr3 ol an Jdil. It¢ 1$ a risk thal t•AI Tr)1 detect oll iffoauLqnt3. IDcludiry Ihoso ldIr& to a mat&rf Misstaleml in th8 finartial Jlatoments LY non h¥Jhef th8n for one rslIng from error. 88 fraud may invdvt cc41u$ion. lorgery. intents omissth$. rThsr¥wèsentsllon$, ¢y tho ov•ftfjde of Inigmpl ¢ontrol. U•• of our r•w Th1¥ 18POrt is made solely to the thl¥ble eoftwny'$ mem1$. as 8 tojy, in accorda& chapier 3 part 16 of the Comp18$ Acl 2006. avtht vmrk ha8 b•8n undertaken so Ihal mighl stale 10 ihe chortt)bl8 company's membars tho84 malt•rs are required Io slalo to Inem in an audiiors, reFrt arKI for no olher purp)3e. To Ihtr tyl$1 extent pemtt ty law. w8 do not 85swne re5ponsitslity 10 anyone other than th$ corttable company the tharitable company 5 rythrs as a b(NJy. lor ow audil work, lor Ihi9 fgport, Of for the winions wo have l¢ym•d. ,1 LJJ kn- Jon Noble (Senlor Statutory Auditor) For and on beh•W of Azets Aydll Sew¥lc•s Chartered AG¢wnt*)ts Z¥ .14, 2oLr 114 AThJover Road Winthester Hampshire UThled KIngrn S023 7BS

MARWELL WILDLIFE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVIMES FOR THE YEAR ENDED 31 DECEMBER 2023 IncludirwJ 8 eonsokdatsd Irwno exFnth'luro OCCL1101 yeerthd 311)ecorythr 2023 Unrnstricte(I Total funds fund¥ 2023 2023 R•strleted funds 2023 Total fundg 2022 InGom• from: Job fetention scheme grwit Olh8r donalions and legaws 8,199 1,742,073 1.750,272 171.804 171.804 1062.308 1.062.308 1234112 1.234.112 Other Iradlng odkniles Invostments Charitabk8 Xtivst Olh•r Incc 3.876.802 84.327 6.464,061 46.443 3.876,802 84,327 6,464,061 46,443 3.684.975 12.707 6.965.630 41.B55 Tot•1 Incom• 171.804 11,533,941 11.705.745 12,455.339 Exp•ndltw• on: Raislro ld? 4.421,435 7.925.410 4,423.965 8.123.034 4.413,259 8.485.001 197.624 Total •xpendltiir• 13 200.154 12.346.845 12.S46,999 12,898.260 N•t Id•lklll b•lof• tr•n$l•f 128,3XII 1812.9041 1841.2541 1442.9211 Tr•n81•f• 143.5911 43.591 N•t Idell¢lt}, belng n¢1 mov¢m•nt In lund• 171.941) 1769.3131 1841.2541 1442,9211 R•con¢lll•lloh ol fvnd•'. Totsls al 1 J8nuory 2023 413.702 18.685,864 19,099.$66 19,542,4a7 Tot•1 fun+J• •t 31 D•c•mb•r 2023 31 341.761 17,916.551 18.258,312 19.099.586 All ac¢Mtl•s lats io conlnurKJ op8Trtions. nole6 on pa9es 21 10 46 p8rt rrf Ihes• fmawai 18-

MARWELL WILDLIFE CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 310ECEM8ER 2022 IncludiryJ J Caled wK16xpeThlrtwe ¢wnl lh8 year 31 D8cemb8r 2022 Unrnsirfclod Total lunds fund¥ 2022 2022 R•s¢ric¢td lunds 2022 Total funds 2021 Income from: Job retention scherne gr¥nl Other don8bons and leg 8,199 1522.318 1.530.517 3,684,975 12,707 6.965.147 41.855 8.199 1.742.073 1,750,272 3,684.975 12.707 6.965.530 41,855 390.163 1 370 542 1,760,705 2,812,158 219.755 Other IradlrvJ acti1$ Investments Chadtable acliwtl 6,417,338 45.020 Tot1 In¢ow 220.138 J2235.201 12.455,339 11,035.707 Exp•ndllur• on.. RoisirwJ fw)d8 Charilbble ¥tivili8s 6.523 134, 4.406.736 8.350,093 4.413259 8,485.001 3.384,57S 7.030.686 10.11 Totsl •xp•ndlWr• 13 141.431 12,756.829 12.898.260 10.415,241 Nèt Incomd(d•ficttl b•lorn tr•n•l•rn 78.707 1521,6281 1442,Y211 820,468 Trnn•lers bei•en fun(l$ N•t Incom•. b•lng n•t mov•m•nt In fund¥ 78,707 (521.628) 1442.9211 620,486 R•¢onclll•tlon gf fund•: Tol810 fund¥ at 1 January 2022 334.995 19.207,492 19.542,487 18.922,021 T<Aal fund *131 DoG•mb•r 2022 31 413.702 10.685.884 19.099,560 19.542.467 AI rdalg contirwJlThJ operd11. The not•s M pagès 23 to 48 frffln Lrf these slatenwnty 19-

MARWELL WLOLIFE CONSOLIDATEO BAWCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 R••lat•d Flx•d asMt• TaNJiUe 88sets Animal cc41sct 17 18 18.893.441 18.747,692 TO1 8$8ets 18.893.442 18.747,693 Intgnglble a$s8ts 19 15.050 18,952 18,908,492 18.7fj6,845 Curr•nl •Avt• Slocks Debtor5 C88h at bonk and In haThJ 21 112,599 673.721 3.907,442 110.355 688.793 4,893.762 5,888,9W2 Crndltor•: affrtJunt8 IliT9 due tran on• y•8r 23 11.810.440) 11,721,544) 2,883.322 4.147,448 Tot•1 l•Js eurrnnt Habllltl 21,791.814 22,914,093 Cr•dltors'. •mount81ollir9 (lu8 oftor one y¢ar 13.533,S021 13.814.527) 18,258.312 19,099,586 Charlty lunds Ré$trict•d lund• Vnr•strl¢t•d lund• D¢¥ignaled fixed as8ei lund Fr•e reserws 341.781 413.702 15,125212 2 791339 14.745,820 Totsl unrostrkted lund5 17.916,S51 1868S864 Tot•1 fthds 31 18,258,312 19.099,566 i.t/4l>r The finandal ststemenls Ibre apyovoJ by IM thts10•9 .. . 83r th•ir beh8W. by.. Fra Andfew W¥r•n. Hon6. FCA, MBA notos pages 23 to 48 fomi p8rt of these finanrJ ststwnls. ChaY Rggistyion No. 275433

MARWELL WILDLIFE COMPANY BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 21r23 2023 2022 Flx•d Tar¥JitrAe assets Ankn81 cdl¥lKsn 17 18 18.893.441 18.747.692 Totsl tsngible aSS 18.893.442 18,747.693 Inlanglbl• 8ssets 15.050 18,952 InVtMen1S 100,0 19.1Th.492 18,886,645 Current •1¥ Stctks Debt C88h al bank and in h8j 4,852 1,731.073 2.492.085 5,376 4.227.892 1.287. 4.228.010 5,521.168 Cr•dltorn: amounts falllTrJ vAthln one year 1621 723 N•t curf•nf •M•ts 2,6C6287 3,978,319 Total As••t• ¢urn•nt Il•bllltl•$ 21,614,779 22,844,964 Cr•dltorn.' rnnls 1omlThJ due aft•r ¢y)g year {3.533XI2} 13.814,5271 N•t ••••tJ 18,081,277 19,030,437 Chrlty funds Re81rlcted fuTrJs Unr•$tled lurKIs 341.761 17,739,516 413.702 18,616.735 Tot•1 fund• 18.081.277 19,030,437 T finandal siatemenls Te •ppm¥ed by fv trustee$ on ... . .. ned C Ihvii beh41. by.. Frnn on5 And W*r•n. BA Hon•. FCIK MBA The note¥ on pages 23 to 48 form ol thgw finwKi•l Stalem1$. Corryny ReyistratK No. 01355272 21

mARELL IMLDLIFE CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2¢Y23 2023 2022 Ch Ilow• from op•r•dn9 351.51 52S,375 •Cil¥Ati•s Intw••t p•ld 11390241 1146,991) N•1 G••h InfiowlT¢)m ¢Jp•rn• •ctl¥hl 211.884 378,384 C••h flow• Ir•m In¥Mthig •ctlvttl•• In[ T•eAvabl• Purth#8• ol tong1b fix•d •H•ts Proc•¢d¥ from 8018 d Pfop•ity. (W •qUrnt 84,327 {1.2LKS.407) 18.723 12,707 11.017,e88) 28.478 N•t ¢vh In lfiY••tlng Il¥ltl•• {1.102.3571 (976,7031 Pln•n¢lng •ctly1•0 R•p•ym•nt of I••M• Drknn of knon R•payn*nl ol k) (38.086) {38.0851 1233,6431 1225,7851 N•t •h In fln•nEIrt• I1¥111 {271.729} 1283,8701 Ch•ng• In •h Ind ¢••h •quIv•ntr bn th• >w 11.162.4Wdl 1882.1891 C•8h and ¢•th •quOnI• S.lJ89,844 6.932,033 Cash ¢ath •qul¥•l•rt8 nI1 ¥3 3,907,442 5.089,844 Th• no C P•9•1 23 to 48 Itym pgrtLrfllw•

MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2023 A¢¢ountkng Policle• 1.1 Basis d prep•ratlon of finan stht•m•rhts The financial st3t•ments have bn prepared fft ¢{tr¢£ 'Accounbng and Reportr'ng by Charilies.. stater1 of Rec(ffimeThJed Pradic• to chwilies preparing their a¢¢ournts in cordanc• wlh thè FinarKial Repting stsrxd3Td aF¢4KatAe in Ihe UK and Republic of Irelan(J IFRS 1021 las amendèd fcrf a111n9 pwiods mrrn9 from 1 Jawary 20191 I'lh? SORP'I ané the C¢Jmpanl8s Act 2C¢6. The prirtip81 xcoLmtirKJ pdKigs •Joptsd a s•t out b81ow. Wildllfe mee1¥ Ihè dehnitlon ola uTrJ8r FRS 102. Asssts and wa1$e8 wè irthlially recogni5ed at h"storical cost or traI)n unl8ss olhtirw slated in the ravanI Th8 finandal staiem8nt¥ are prepwod in slerliwg. whKh is Ihe lunciknnal cumxKy of clwlty. Monetsry 8mounis in these fingncial st4tewnls are ded to the nearesi £. 1.2 Company •t•tuJ Marwdl Wddlife i8 a comwny lfrThrriled by guarnnlee lThJmb8r 013552721 incorporal•d in Enuland & Wales wistered wilh th• Charily Comrni8siM Inumber 2754331 Th• m8n•r8 of ihe corrwny arè Trust8•s named on thè fwsl page of th8 stalulory 8ccwnts. In th¢ ttvant cl Ihe tharity . the I1¥bt1 in r•8pect of thè guarante• Is limitgd to £10 pei ol the chaity. 1.3 8ul• of wn#olld•tlon Th• financlèl #taiemonts c¢thc4th WI? &Y of bts svbJi(k#ry undertgkings1.8ubgdlaiies.l. T eompaTry i#k•n adv199? of tho CA)rned witNn 8rtlkJn 408 01 the Comp8ni¢s Acl 2(M)6 Trjl to pen1 Its (wi IrKrTh aTrJ Ex&wllula Ac£LXmt. irKofflo and •Xpen¢rtU aceount Ilx Ihe yw deall with In tho •¢u)unts of th8 ¢[nY was d•fiul 01 £949,18012022". surplus of £144.2851. 1.4 Fund •c¢ountlng Genernl lund8 8r8 Unr•s1le funds bvhi¢h ore avaiLgtye lor use al Ihe di5creiion ol Ihe trusteès In fwther8ne¢ of the gonoral obieclNes c4 the Company 8nd ¥¥hkh hèvo 11 been design81od for olher rposeg. Roslthl8d funds w8 I18 aye lo be used in with restricon5 imposed dwr5 or which have be rniseij by the comp8ny p¥1ulr purpostss. Th8 cosls of ralsing 8clminlsteriThJ su¢h fund5 ar• charged again$1 the hjnd. Tho aim us ol each feslrici8d lund Is 591 out in Ihe th• finwKbd statements. Inve¥lm8nl income. gains arnj losses *• to th• aFpropn8te frJrKI. -23-

MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 A¢countlng Pollel•s IconOnu•d) 1.6 IOn l inccrfne is recognIs orKe th8 ciynpany ha$ entrflem8nt to lh¢ irKome, it ts yobable Ihat tho Income vlll bè r8cved anLI Ihe rnnl of inc(1 r8cei¥atrAe can be Measure reliably. No ount5 are In¢lLthd •) the fInarla1 $18l•Thrts tell by Vn{9e. freth donatlon• 1$ rec on or Wh )y t•rm aThJ trn1 h8v8 been met. lrtom¢ lrnm I•¢19S is rcr4nld cl the Iwy is r•ceived, genwally aft•r 9rant ol probth, pro¥ldir¥J th8 arrwnt w ba rtlkbty a5Lrtwned uNim•te weipl 16 wobable. Grant Ir is reccqnised whw all Iwrn$ and con(knorffj relatty to Iha grnnt hwe boon met. TradiryJ incomè and incthno from aetwllieg Is r8co9Th at fv time of receyt. Tumover comprises menu8 rncognised by ihe ctynpany in rèspwa c4 Qc5 oThJ seThk4$ suthied Ihe y?ar, exclusive ol Value Athjed Tax aTrJ trJe discolS Mgmb•r8hlp Incom• 59 rKc#JrtM¢J a sirht Ine b•th ov¥ Ihe nwber¥hip pertod. tax recoveratle in re1)n io alIrTh r¢e•ived uThJef GIN Nid or dood6 01 w•n•nt 15 refnI30d 81 the tim• c4 th• th)nall. 1.6 GoSn9 ¢onc•rn The financlal statements be•n yepwed M Ihe b8$19 th81 fv gro ccfflpwy are • 901ry cCe. They INSe$ ho aroro¥ed 8 ¢Jo18i1gd nrne and exFeThditur8 tsJd9Ot for 2024 and lor¢¢asis lor 2025, grw ha8 a r•gulw jtrgam ol from vlsltors %71 rngèt Il&blo$ a9 thèy 11 dug. Based on Ihe lo ijele in 2024. •xpocted for tho r•st CA 2024 Inlo 2025 continued bank supm the tsy518ès conshjer th•t therè are no Mat91 uncert'niks rela lo Ihe gwup'$ ab4ity io continue its actwtties lor the foresèeable futufe. belng a period of al ¥51 12 monlh$ from thè dat• ol approval of these fimrdal Stst¢monts. 1.7 Exwndltum ExpeThliture * recognieed (rt• there a W or constnl (kn1)sti to make paym•nl to 8 thlrd P8rty. rt is pmbable thai 88ttl•ml will be requw•d ond amouni of thg ob100Th can be measuied rèliatdy. All èxpen(k'lvr 1$ aOUnted for eo an aceru81's basis. Al expen5e$ incsudlng SUPPOrt cos1$ aThJ governan costs are k¢ated to the alleae exFw¢JIU Iadia5. Tho costs of gertIr1d ar• th08e CO incunwl kn attr•¢Urd vcluntary Inc(0, and t)$6 rKwed th Irading J¢tiwtie5 that f8ise furbts. Chafftablè 8ctivlOes indud• our cons. and EdItIc prryjrnmmes. and the oper8lv)n of the Zoo in $upFK•rt ¢f th05• prrvJf8rmw Thè costs of ow aLlivrt$ Ilude bolh direct costs and support costs reL4tity io lhtst aclivil Govomarts cD3ts Ih)se In Ih¢govwn¥ncè of Ihe ch¥ity and we priThwAIy a85tsCAated con$titsJtional, stsithtry str8*9lc reqrertS. Support costs. vthich ihe e¢ntr81 offe such a5 man89pm¢nt, payroll. ¥dminisiiation. bLO3eb'rrfJ Inl¢JnnaiKY¢ techTh)iL¥y and human rgsotseS are allocated -24-

MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEM8ER 2023 Ac¢ountlng Polld•s IcontlmKdl 1.7 Expend+ (Con¢d} Support costs. whth incluth the cenlfal office lun5 such as ganernl fflanag8ment, payroll. dministration. l1geurO and aCccwig, inlofmaikn 18chrn)k¥3y 8ThJ human Our¢e$ are allo¢aled across the Ca(19 of the co$ls of geran9 I{. thariiJbk acb.leS and governanco cos. SupFK)rt eosts are dlrectly att(ibuie(I where p0s311H? Whwe tlw8 Is Th)1 possibl¥. Ihey we appOr1d on the b851$ of numbers ol aff emph)yed in drffereni wratimal areas ol the charity. Irrecoverable VAT 16 chaffJÈd as • cost to th& Stste Ath'Vrtle8 I%1h1n th• approylale category as abo}. 1.8 T•nglbl• flmed •nd d•w•cla¢lon Indlvkaud fix•il assets co31w nh)re than £5,LM)O we iTrYudod at co¥1, includirvJ 8ny Incidentd cost8 of xqwsilicffj. T8rylbl8 fued &ss¢ts at cosl less depreciBtion. D8pTeclatlon 16 prod ai fates calrJJlaled to wrile off the cosl of fixed asg01S, lèss eSuml$d residua1 value, over Ihwr expe¢ie(S us0f on folloYvJ bws. JNmal ho0¥ a1 IJuthJir•J anl & equirffl•nt Moior Veh•$ Roads and le CcffjNtsi 9quen1 - 24% straighi 4.25% siraty3hl line 25% strahl lint 7.5% $travJht line - 25% stsavJht11 No de¢wlati its ry0Vd on laTrJ or 888ets kn the cAyxse t4 cn8tructlon. 1.9 Int•nglble Ilx•d #•1 •nd morii••tlon Intongblè ass•l8 IhaTh £5.) arn at co31, irtl31n9 any lnud1)I costs of a¢quISOn. Subse(nI lo inlts" rtrtt•Jn6DCn. InWitO assets are sted èi t$1 89 a¢cumu13ted 8morti8atn and accumulatèd 5ftwaknnl. Intah9ible asJets are arTh)rbsed on a sirBkJhl IlTh& ba•¢$ over th8ir eslknaied (Tr8ef eI0¥C We. The c8ryiTrJ lut of Intangiblo ass¢ls is r8view•d for Impairwent rf èv•nts or Ch8 kn clYcum51xes th• carrying Val bg r0verable. Thé us6lul ocrmomic lfves of Inlang#)l• assets are 8s fdhm.. SoltsYdf• and IT orn$- 10 y•ws 11 th8re are 910r$ value ( useful Irf8 of an inthrvJlbl8 ass has changed 51nce rnosl reGent reporting per 5moN Bh#ll be VIeW*d and. If curreN exr¢cla0ns the residuol value. ar192( rnet or useful lrfe sh811 bo amendad. Chang8S In ih8 exp8cied ¥selul lile or th8 eX•d pattem ol corour¥VioTh ol ben•frt shall be xcounled for85 ch8nge in accowling èstnvle. 1.10 Impalnn•nt of notIn4cl•l ass•ts The charity assesses al each reportiry dalo vknellw 8n asso1 may be Impalred If any Such Indicati exists. the charity eslimates the recoverable aiTrJml of the ¥5set 11 Ihe fe¢overablè amount is le55 than 118 ¢anwng amounL Ihè caTryifo 8mwnl ol the a$W is Irryjawed and it 18 reducèd ID 115 r8cov¢ratyo amowt through >n Impalryrt profil 8Tr1 k)ss unlESS Ihe a¥sel 1$ carried at a r8v•lued arno1 where the iryjainnenl kns8 ol a rfrvaw asset is a revaluaii(m decrease. .25-

MARWELL WLDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢ountln9 Poll¢las Iconiinuedl 1.10 Impalrm•nt of noTrfinncl•l as80ts l¢ontlnu•d) An impaifflni loss ¢Jnis4d lor 811 assels Is rèvwswj a wbsequgrtt P8ri(4J if aTrJ onty rf Ihe feasons for tho ImpalmnI bss have ceased to a. 1.11 Anlmal Mathll PadpateS in gk4ial ccop6rative ettts to maintain wslainabla wjwlaiions ol anlma18 we rekanl on Ihe sh8rtng of ndivithJa& ZlX)logKal (Wganl$oryiS. Veterinary screening, Irdnspcrtt and rJ)sts ol le17rd anYTrS a exponse(I durir#J th8 Feriod of 8couisitson. Howe¥r, wlh no (kn1¥e or waciic4 to¥bs fw estat4i$hirJ value, arm81 tran88ctlon8 are made Wil) monelary wsiderabon. Hence. B$ 18 CUS¥Y zc4)ico3ical or98rt¥81th8. 8M01 eolects.on is at 8 nominal val. 1.12 Stocks Stock• 8rÈ valued at the rnaliry8t4ev• afterm8klng OJÉ aNowarKo I0b$Ol ond slow.rnoviTrJ slocks 1.13 Inve8tm•nts Invè8lmonl in 8ubskliarto8 oro vahJed ai bgB5 fLY Inwirm•nl. 1.14 Op•rntlng 1••8•• Roftta applk• to cper•tkng b&aae$ or• ¢0 Ihe Statemgni of Flnsndal AcUvlV•5 ovol 11 ponc1 in thich ¢95t is Irwrtyj 1.15 Debtor• Tr16 ana oth•r ¢Jeblorn arn rwniMd al 88lilwnwl after ony ir•J• dIsni olforgd. Prepaymenls we volwd at Iha amounl rèpakj mt ol ony itsde dlscourts du•. 1.16 C••h ai b•nk •nd In h•nd c al bk and In hand 41¢1je5 cash ¥•J 8hcfi lerm h¥Jhty &quid inv•$lmenls a short maturiiy 01 threo rnonths crf1o5¥ from dat• of LY ol d061t or SMir acCnI. 1.17 Cr•diiors •nd provl•S¢)n• Credikn)rn and provisi¢n$ we racogni98d whore th8 ttmpary has a •snI obligation resulting from past ih8t wil probatmv res1 In Ihe trdnsfei olfun¢ts lo 8 Ihird party and the 8rnount due to 5etlle Ihe oblatIon un be mo&sw ow èsbmaled rohatdy. CredrtOT5 and p910n5 arv nonnally recognised at Ihe¥ sottlern8nt after lor any trad8 IsfxJunts due. 1.1B Fln•n¢l•l Instruments Th8 ¢hoTtty has elecled to aprty thè Pro$tOn$ oisedim 11'B¥¥K Flnancial Inslwrrnts' and Sedion 12 '0ther Flnanual Inslrument$ 155ues' ol FRS 102 to al ol its finanu81 Insiiuments. FinhnrAal Instruments recc3nised charlty's baiwca sheot when charity b8COTh$ Party 19 the crctl [VlS of ts ir)slnrnL B85ic finencsal duels, whith HUde deblw and cash aThJ b8f bo1onc85 rawva 1Th ona year. ar8 measured at trans*w)n price 1ndWn9 transa¢tth cosls -26-

MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢oyntln9 Pollclgs {tOntin4d 1.18 FlTrondal In•trum•nts leontinuedl Ba&c fin8rKl8ll1abilit$, ¢rediic¢s bank loans are bnii'aly rwnised 81 transactlon pric unless tht arrawemgnl cNb5kntulès a fm01ng trartsacl&. debt inslrumenl Is measured at present valuè of the fLJknJre paymenls dIscunted #t a mwk8t ralg ol knteresl. Finanelal liabUe$ classffied as payable year we rwji wnorti$tyl. D•bl in8trurnents 8r¥J $ubsoqu8nly canled al arr¥Jrtis8d ry)st, Ugirvd th• efflIve interest Yate meihod. Trad$ credltors arg otrlvJations lo pay for gr•Jds or thal have been aCqUiTod In the ordinary Crse of 0por0n$ Irom SLwI"ers Amounts payatkn d8551fi as current liabdis 11 paymenl ss due w•1uTh (m yoar or1g58. If N)t. Ihey wen1&y as nLTrpfftni lblitkns. Trade crn¢Mois are recognised iniD81ty al tr•ndiOn fv •xl subswueth fflg¥ur•d al anYMli5gd cost usirwj the efferAw Int8rgSt Mell Fin8nd81 liotAlii•s are dwecognbS•d vthert the thjrrty'i conlr•¢luul obllg•tKJnJ expire or ar• dischafoe(l or 1.19 R•llr•m•nt b•n•llt• •nd r•dundancyh•rniln•llon YM•Dts Ptyments lo d9finE o)ntrlbutlon r•IirgrN bot1 ¢dM)mts. •nd t•miin8tSon p•ymgnty r8 charged aj an 8xpJn8e u IY tsu due. 1.20 Fln•Ac• l••v• L85 ¢las5ffj1od •# finar0 leases Ihe tsrms ol the lease Iransfèr sltsslantiaty 811 Ihg sks and rewards ol ownefship lo the18s¥oes. 1 Other k3¥¢5 afe duslfied a? opern16ng 8$e8, A01$ hold fm8rKe leases rwiiws8d as ••8W al iho Irmw of •888t8 tslr v8lue al th• d018 Lrf InpIlon aF5d Iha wèsènt¥alueofthe rniinwJrnleas8 paym8nts. The related lilbility is included in baan¢g sh8et 88 flnan¢e 18a86 thbJ8l)n. Tho inlwogl is eharg8d to the slg18moni d financial 8ctsvilleg $0 os to a c4)nst•nt w¢xli¢ rBt? ollnwest M Ihe r8malnirffj bo18nc• ol thè Ilablllty. 1.21 Fof•lgn cury•n¢y tr•n#liion T198¢1n$ in cumnfie8 olheTth récorQod 81 Ihg rS ol exchange prevaifvng at the dat•s ol Ihe tran38¢tyrffl. At trach cep(b'ng •ThJ dale. moneiary a3sets and Ikibililles that are d8nomln&ted in foreyn cuffewes are rolrnnslaled al the lo weva41ing on the reportlng end dale Galrtg and losse• 2ri8iThJ on knng1oti in the ped wo in the SOFA. 1.22 Gov¢mm•nt qrnts Govwnm¢ni aro fe¢0Jru¥ ai the lalrvdug (4 ihe gssei rece¥ved or weSvable s¥hen thfj IJ •sonab as8wance that ts 9r¥nt corxlrfions be met Ihe grant2 be receivgd. A gMTIt Ih81 5wcifie5 perfornarte cornJilkJn$ is reccsnlsed in 1mne when the perf¢)mian condillor are mel. Whore a 9rant does fK)15p•rify )r[alKe conthtions it recc4nis•d in Income whpn th¢ preedS are rÈ1ved or r•ceivable. A grnni fed b8fm Ihe rwniknon criteria ar8 sabsfred is reccqni5ed as "0b11. 27-

MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2023 Judgom•nls ond k•y BOUfC•S ol •stimallon uncertwnty Acethnts"ry ests"males Itwjgemenls a COnnual eval are basod on hlstorical exwrience and othw fadors, ind11rj exrlation5 of tuilre evonts that we bdl•ved lo be reawnable urthr Ihg urcLMnsl8rKes. Uwful •conornl¢ Il¥•• of t•nglbl• •ss•t• The group has rewgn$8ed t8nBrtAe fixed ass•ls with a cwrying value of £18.893,441at the year end 88 dl8dos•d In nole 17. Th898 assets are siatsd * thelr cosl 18$$ provision for depltion and Inw8irmenl. The ¢harfty'S accounthi9 Sels out al nole 1.8 the Approach ¢alculab'rYJ depreciaiion for thesè thJ$6t8. For Fwty, 3Thmo1 housès * tsth•r buihling$. the group deterninès con$tNdion reliatAg sUmaS lor uselul kn18 of Ihe awt. Ihlr8 Gomponent accwAiln9 13 8rWd with ¢(xnpeoents of o Ma g$$01. belrvJ irJeniifd anddepreciated overtlrfferenl useful Ilves. These e5tirnates ar8 based UFth such f&aof3 83 the exMad u$8 of tho a5S8t and mDthel conthlion$ Al ¥ub5ewenl rewrtjw dates tho Trusieè$ consid•r bthetherthera we ony factgrs ¥uch as chaTrJ8s In Ma•1 corIrt9 Ihat Ind18 è rthj to reccwldw the 6sUmato$ used. In¢orn• from dontbon* •nd W¢fj•• R•strl¢t•d Unr•Btrlct•d fvnds lund• 2023 2023 Total lunds 202J Totol funds 2022 Don8llono Le9aci¢¥ Grants GoverThmgnt grants Gfft ald Total 0)non$ JTrJ l8g&?88 e9,492 269,194 252.852 338,686 252,852 102.312 327,692 699,362 153,162 8,199 $40,262 $40,262 561,857 1,062.308 1.234,112 1,750,272 102.312 171,804 R••trlct•d Unrn•iA¢t funds funds 2022 2022 Totsl lund• 2022 fund¥ 2021 D(matn$ L8garJgs Granls Job reten14on schemé grnnt Gifta Totsl (bonolitin¥ 8ThJ W•s 86,593 261.099 699.362 327,692 699,362 153.162 8.199 8,199 561.857 561 857 1.530,517 1,750,272 480.277 203,508 52,155 390.163 634,602 1,760,7D5 153.162 219.755 -28-

MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Tr•dlng •¢tSvhS•s Total Unr•strlGt•d Tot Unre¥trlct•d fvnds 2022 2023 Charliy Iradlng Incom• Tradlw Iorne 3.873.519 3.678.382 Fund1n0 and tr•dln9 oxp•n8•9 Cosl of gLx)ds Oirect eosl of ChristhW$ Mafkèii Ail olh81 costs W3 and $818ries National Snsuranca P•nsion cr4ts s#ff r¢l8ted costs SuPpC tosls 1.154.291 428,240 75.564 443,711 1.033,942 62.153 30.477 4.614 842,153 1.173,024 369.287 435.012 1,110.564 65.365 33,526 2,904 820.129 4.075.145 4.078216 Nel In¢om Irom ldIng ac18 1201.62fj1 1397.8341 Ilded in lh8 Ot)V8 lrndiry 8ctNhs ore Ihe rsuliS ol th• wlY tyvn8d subsidiary. M8Thvell SeNic8 Limrted Icompany No 009605821, %th'¢h opwale$ ihe slw and othw oress ol commercial tr8dirYJ. A wmmary of LI1 $1$ are as 11fv.. X123 2022 Tumover Olh8r kncclne ExpendKur• Profil for the year 3.872.720 28,895 3 724 581 177034 3,875,762 10.619 3 617252 69.129 Na¢ As88ts I C*tal & Re8erves 277,034 169 129 Qih•r tr•dln9 •1¢1•• RtrIcted Unmtrlct•d tund$ fund• 2023 2023 Total Tot•1 funds 2022 2023 Prowlskjn of 8(kn{rtratIvtr swvKes 3.283 3,283 8.593 In 2022. all Incorne Irom oknr xtNibes was Unrestted.

MARWELL WILDLIFE NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEM8ER 2023 In¥e¥tm•nt In¢ome R•stricted Unr•8tflded funds funds 2023 2022 Tot•1 funds 2023 Tot•1 funds 2022 Bank & inr•st r8CBiVatA8 84,327 84,327 12.707 In 2022. 411 lftveslThnt Iru)rT Was Utyestricied. Incom• from ¢h•rltsbl• •¢tlvltl•• R¢t•d Unrnstrtct•d lunds fund• 2023 2023 Tot•1 fuDd• 2023 Totsl funds 2022 8Joglcal con$8rv•llon 121,488 121,488 61.940 6,342.573 6.342.573 6.903,590 6,464,Cl 8,464.061 6.965.530 In 2022, 01 ts lotsl income from clwItbI actNths, £383 w88 to mirkl•J [1 wd £6,965,147 was WAyng fvnd5. Oth•r In¢omln9 r••oure•• R••lrlGt•d Unr••trKt•d fund• fundJ 2023 2023 Totsl lund• 2023 Total fund 2022 Renlal in¢ome Sundry Income 43,972 2.471 46.443 43,972 2,471 46,443 41.577 278 41,655 Co•ts of g•n•ratln9 ¥olunthry Incom• 2023 Re8trlct•d UnrnBtrlct•d lund¥ funds 2023 2023 Tot•1 fvnd* 2023 Total furbd• 2022 Costs d gocrtjs sdd Marktrtirva Stall and rèlated 13 Suppx)rt costs All olher costs 2.530 9.2 ),183 176.644 84.391 25,510 12.092 $0.183 176.644 84.391 25,510 12,237 51.880 142,226 90.923 39.777 2.530 346.2 348.820 337,043

MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 g. Co¥ts of g•neratlng voluntary InGom 2022 Icwtlnu•dl R•thct•d Unrn8trlct•d funds fund$ 2022 2022 T¢)tal fund8 2021 fund$ 2022 Cosls cl 00c¥ sdd Marketi Staff end rglaièd costs Support Costs All other costs 6,523 5.714 S1,880 142.226 90,923 39.777 12,237 51.860 142,226 90,923 39,777 15,377 35,734 156.427 64.128 24,637 8.523 330.520 337.043 290.303 Co•t• of eh•rbtsbl• •¢ll¥ll1 2023- Uni••trlct•d 8loloplG•I cons•rv•tlon Scl•nu & l••mlng 8u•taln•blllty 2023 2022 DlrKI onlmal ¢A1818 Dlrect 334,393 128.712 483.105 437,931 sts P8rk ruNN ¢ost3 M8rk8llng Staff and relai+J 170.301 1,929 172,230 168,499 961,9S3 374.89) 181.353 91.559 1.428,402 161.353 1,S09,207 159,371 2.410.894 916.296 103,435 3.430.625 3.420.010 Supwt cost8 1.317.W2 444.229 102257 1.864,088 2,107.603 lrtersst 64.303 21,680 .973 146.991 All Otr costs 72 Tolal 5.315.823 2.153.7fj2 434.225 7,903.810 8,340.51KS Co•1• of ¢h•ritabh Kll*AtS•• 2023- R•¥trl¢t•d Blologlcal Sd•nc• & learnlng SuK•ln•bbllty 2023 2022 Dired aftlmal cosls Direct o)MeNaiion costs 51,419 51.419 80.441 146.205 74.487 Totsl 197.624 197,624 134, 31

MARl•VELL WILDLIFE TES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 10. Co•t of thwrt•bkn 2022- Unl• (¢onUnu•dl Blo14)g1£•l S¢l•nc• & nvr¥•tlon l••mlno 8wtsin•blllty 2022 2021 CITtct aramlll C08tB Ow• 303,244 134.887 437,931 374,128 158.327 10.172 168,499 190,624 P•rk nmnlrvJ coll• Markollrwj Sl•ff and r•latfJ co)1• Suw)rt co 890,613 428.797 ,797 1,509,207 1.214,953 159.371 943.105 159,371 3.420,010 102.419 3.109,450 2.371.&37 105.268 1.474.777 527.365 105.471 2.107.803 1.848,238 Int•r••t l olhr 146.991 327.588 146,991 390.B94 122.561 89.475 59.156 Tot•1 2.$43J79 Co•1• of th•rlt•bl• XU¥ll1 2022- R#tyithd 8Wc•l 8d•ne• & Su•tln•blllty 2022 2021 r•c¢ co IXl,441 74.407 .441 74.487 95.862 68.OS6 Tol•l 134,908 134,908 154.016

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MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2023 13. Analys1$ of rnsour¢•s •xp•nd•d by •xptndltur• typ• 2023 St•ff D•pr•datlon Costs 2023 2023 Totsl 2023 Total 2022 C05t5 2023 Expendlbjre on raising V(Al3ry Incomo Expenditure on 201.858 29,017 117,145 348.820 337,043 1382.782 297.$52 2 394.811 4 075 145 4.076216 Co¥t# of g•neratlno lund• Bl09al consorvation and 327.369 4 423,965 4413259 2,819.540 488.259 2,205.648 5.513,447 S,492.862 188rnlr4J Sustainabllty Chorl¢•bl• •ctlvltl•¥ Exp•ndftur• on 90v•m•n 1.054.516 164,617 2.153,782 2.543.379 439 373 260,594 3 4).871 8 101 434 475 414 5.594.434 1.018.138 5.934.427 12.546.999 12.898,260 Analyl• of rnJourc•s •xp•nd•d by •xp•ndltur• typ• Xt22 D•pr•el•ifjon & •rnortl•tlon 2022 c•8t• 2022 stsff co•t* Tot•1 2022 Tot•1 2021 2022 Expendlure on wal volunl8ry In¢cme Expgnthture on fundr8i5ifKd (r1j 171.483 29.093 136.467 337.1)43 29e,303 1473 042 262 422 2 340 752 4 076 216 3 088 272 Co•ts ol 9•n•r•Un• lund• 1.644.525 19 4 413.2S9 3 384,575 Biolc¥ial coTrseTh8llon Saence and amln9 Sustainabll 2,835,474 471.892 2.185.296 5.492.682 4.668,496 1.109.052 138878 168.741 33.746 1.265.58 266.749 2.543,379 439 373 1,952.410 392.958 Ch•rbt•bl• Il¥btSe• 4.083 4W 3.717.631 8 475 414 eipenditurt ¢)n gov¢rnanG• 9,587 16.8( 5.727.927 965.896 6.204.437 12,898.2eiJ 10.415,241

MARWELL IMLDLIFE NOTES TO THE FINANCIAL sTATEMErs FOR THE YEAR ENDED 31 DECEIA8ER 2023 14. N•t Incomlng r••owc Th1• li slated •ft•r chwyty.. 2023 2022 of tar¥Jie fixe¢l 88Gets: 985.129 29,107 3.SY)2 192.308 933,213 29,107 3.576 263.993 8,199 131,173 Held undorfinarKe19028 bease tI Durtr¥J IM y•¥. rne•lvod w NrAtl12022. £3,9WII and no wustse$ r•c•lved ony b¢n•fft• Inkknd12022.' £fil. •r• In ther p•rfod. NoTw••$ Dur• Yew1 Irthnity ¢))¥w •ll tt• truM• uTrJw lh du•¥ InJ•i•M •t • t1 of £3.8 (2022.. £2.9091. IS. Audl¢or•' rnmun•r•don F••s p•y•t4•10 th• ¢oTryrf• •Jkn •nd •s•od•les 2023 2022 nn•Ad•l th• CroI 20,850 5.875 19.650 26.526 25,250

MARWELL WILDLIFE NOTES TO THE FINANCIAL sTATEMEs FOR THE YEAR ENDED 31 DECEMBER 20fJ 2023 2022 w•5 arKI 2•18 Sodal I[ty Costs Olhw pen•ion ¢0 4.946,917 388,152 223,299 36.068 4,999,840 419.625 231.999 76.663 5.594.434 6,727.927 The monthty nwnbw cl •rrWryy••s 26312022.. 2781 •Th1 th• •v•rno• montNy Aumb ot lull Ilm• •qthi•l•nl •ftykyW• durkng y•www aB follm.. 2023 2022 No, CMrfl•bl• •¢111¥ Colt of9•rlItY4 f4W 118 60 17 18 2023 No. 2022 In th• b•nd £80.001 . £70.C In tINry bond £70,l- £80,( In tr b•nd £1 10.001 . £120.0(X In the b•nd t120.001 . £130. K•y Trwty•m•nl p¢r8onnd r•cd¥•d arnl b•rll• lothllTrJ £285.5ee12022'. £403.052) pon•knn e0rdrtb¢M É54.997 12022.. £34,664). Ow6r4J th• y••r, tho dwflty r•ctrJnbs•d •xTraUrO lor to • fomw •nwlryrf•• lotslllThi É8,033. (ln 2022, •qulvAl•rt p•yrn•nt mode to Ic¢nxr •rnF47rn8 £5Sa87}. .37-

W4RWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 17. Tanglbl• flmed as••ts Anlm41 Fmhold houses and land and bulldlng• C•pll•l work In ogr•ss Plant and •quipm•nt l>uUdings Total Group and comp•ny Co•t At 1 J8w8ry 2W23 AddlonS Disposal Tr8n51er cla8t¢s 1.558.151 24.444.744 4.166.395 53.285 219,24S 11.495.178) 1143,9511 944,132 161,793 30,351,083 932,877 1,205,407 117,1341 11,656.2631 1944.1321 Al 31 De¢8ner 2023 1.558,151 23.946.963 4.241.689 153.404 29.0.227 D•pr•Gl•tlon Al 1 J8nu8ry 2023 Chawge lor the ye Depre¢0 on dlsrwals 73,818 4,394 9.591.471 1.938.102 67S.$45 334,297 11.486.026) 1124.8151 11.603.391 1.014.236 11,610,941 Ai 31 Dxembw 2023 78.212 8.7PAI.990 ?,14784 11.(8,786 N•t book v•lu• At 31 Deeomber 2W23 1.479,939 15.165.993 2.094.105 153,404 18.893,441 At 31 Deeerfknw 2022 1.484.333 14.853,273 2,228,293 181,793 18.747.692 riry cwrent y•ar £17,134 of wlal in pmgra88 was vrrillen off. The nel cwryirJ v4u• ol IgIble fixed asselg for toth the grwp and the cornpany IndleS Ihe followry in r8spe¢l of assels hdd urthr leases or hlre purchase eonlrncl¥. 2023 2022 211,006 18. Anlm•l collKtlgn Anlm•l colleGtlon Gr¢yJp •nd Comp•ny V•lu•flon Ai 1 JaThJ8ry 2023 and 31 0¢r 2023

MARWELL WLDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 19. Intanglbltr flx•d A•¥•ts IT $y$tems 8nd ¥oftwar• Total Group and ¢omp•ny Cost Al l January 2023 AddilK)ns Disposals 134.223 134.223 72,392 At 31 De¢omber 2Wd3 61.831 61.831 AmortlAatlo Al 1 January 2023 Chwge lor the y•af th'spo8aLry 115.271 3.902 72,392 115,271 3,902 72.392 At 31 Decerthr 2023 46,781 A6,781 N•t book vlu• Ai 31 DKeTrknr2023 15.050 15.OSO At 31 Dec•mb8r 2022 18.952 18.952 ComL•n 2023 2022 Sharns in ertak9 100.0 1CQ,000 100,000 100,OCQ The cornpany rr•ms 100% of th kT5ued shwB c•plto1 ol Sww¢o$ LiWAtgd Icompony nurnb8r 005821, a cL)nWAy IncOrp(Wat th Englgnd and Wale8 whic1 cani88 on Ihe bu61[sS ol relall shop5 and 8ncillary setwices. The wIs¢ed Ofvo for MOM1 Serwfjc•s Lkn11 ts Cohjon C(wnmofi, WincheJler, HaMPSr&. S021 1JH. Th8 instment, whlch ¢on5isis of 1(X).(KIO ordlnary sh8fes of£1 each, Is $hrhvn ai cost In the opinlon of Ihe Twslees. the aggregate vae ol Ihe 5hare$ in and amounts owng from the compDny' subsidiary is rnl less Ihan of ts amthjils al Ih05è asBets arn 8laied in Ihe rnp8ny'$ balarK8 sheet. -39-

MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 21. StoEk Com 2023 2022 2023 2022 97,eos 12.750 c0n8urnbi ock 15.fJ7 4.852 5.370 112,599 110.365 5.378 Com 2023 202$ 2022 Trnd• d*Aty¥ knwnl8 by gn)up Olhw ¢l•b 151.074 74.132 143,420 1,085,cx)e 1.954 520,693 83,474 3,658.792 2.115 602,911 2.715 520,693 011.946 673.721 e86.793 1.731,073 4.227,892 Cf•dltor•: Amounty hlllTr4 on• y•v C•m 2022 2023 2022 Bank Trnde Cf•dl#Y8 obligr undw fin l•a 241,074 323.428 231,778 383.818 241.074 217.167 38,085 186.085 43.639 915.693 231.778 258,562 38.085 169.770 166.066 43.887 907.903 189,770 101,175 797,118 746.471 1.810.440 1.721.544 1.021.723 1,542,849

RWELL WILDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OECEMBER 2023 24. Cr•dltorn.' Amounts f•lllng du• •fter on• y•¥ Grou •nd Com 20Z3 2022 B103n$ Obligalions under finance a 3,527.155 6,347 3,770,094 44.433 3,533.502 3,814,527 The nel oUigaiion3 under fin(4 leas•s hir• purcha80 ccffllr•¢ts wa 80cur•d •9oin$l the 885919 lo whicb they relalè. Lo•n• 2023 2022 8 loan 3 768.229 4.001 872 Payable wrthin one yoor Payatle beb%en to fN• y8ars ty rfthlmenls P8yaNe In Ihan 5 y•ars by instslw 241,074 1.053,163 2,473.992 231,778 1,011.867 2,758.227 Thg bank loan 1$ 8 15-y•ar 108n repayatrAè by Ir418lrYnls frryn 2021 10 2036 and is secured ty l•gal charges ov•r freehold property by Ihe company and 8 detenbJre tr4er the comp8ry'8 ASS8ts. Inleresi on thè h)an at o fix8d of 3.4 per omum. Fln•nc• abl5g•tlt)n• Th8 9roup had luture nMThmum duo under fngrtè leas81.' 2023 ' 2022 Within one ye In fv• yeorn 43.130 7,263 43.130 50,393 50.393 93,623 Les$ lutwo finane• tharges 15.9611 111.0061 44,432 82,517 Finance lea89 payMts repre$8nl renlals Y8t49 by Ihe company ¢&rtain ii¢m$ of plant 8nd Machiry. Lea88s indude pwchase tiOnS at the •nd of th8 lèase perK)d and no reslriclions are placetlonthe use olthe assets. The avernge lease lemi is 5 yèars. Al beases8re on8 fixed T9paytt basis and no arw•m6nts have b8en erlered inlo for c(mllngani rental payments. 41

ARWELL VIILDLIFE NOTES TO THE FINANCIAL STATEMEPs FOR THE YEAR ENDED 310ECEM8ER 2023 acom 2023 2023 S74,628 646.782 1574.6261 68S.048 S74.826 {585.048} Rttourem dofgrrtd tl y Amourts rd•a3ed Irom prevbus y 618,702 674,626 Tho knccrtm del¢Frnd abo¥ r•lth8 to monknr•hlp •dmlMIM¥ b) Iha pwk. TM def•nal on th* pgth rnmwnlr¥J ff•tYthr•hip •t Iho yew and. -42.

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MARWELL WILDLIFE NOTES TO THE FINANCIAL STATEUENTS FOR THE YEAR ENDED 31 DECEMBER 2023 32. Roconclll•U4)rt of n•t rno¥m•nt In funds to n•t c••h Ilow Irom op8rntlng acttvltl•$ 2023 2022 Deficii for Ihe yèar188 per Ststwneni ol Fjnancial Adlustm•nt for- DeprecFalM)n & am(lSa1 Ini¢fys¢ received lnIeSt P81d (Gain51 I losse8 on the s¢ olfixed 85501$ 11nu8asoydeuga5• in slocs Ilnue&seydeueas8 in deblry In¢rèasellderxea581 in Crndilo 1841.2541 1442,9211 1,018,138 184,3271 139.824 26,699 12.2441 15.072 79.600 965.896 112.7071 146.991 131,173 129,6281 1404,6381 171.207 N•1 cmh provld•d by 0pornn¥ lMtIa• 351.508 52S,375 33. An•lysl¥ ol ¢a•h •nd ¢••h •q¥l¥•l•nlS 2023 2022 Cash In h8nd 3.907,442 5,089,844 Tolal 3.907.442 5.069,844 Anuty¥l• ol ¢h•n9•• In n•t ¢a¥h 1 Janu•ry 2023 C••h flows 31 D•¢•mb•r 2023 Cash In h#r•J Obll9allon8 undor Its)ar bèM$ Borrowwrtjs overdrafts 5.069.644 182,5181 {4.(K11.8721 11,162.4021 38.086 233,643 3.907,442 144.4321 13,768.2291 985.454 1890,6731 94,781 35. P•nlon ¢ommltm•nts The partApa[¢S In Ihe MaTh¥ell Wikdlrfe GroL4) Person81 Pensbn Plan ryT8teO by Awva The P8n51on ¢osl charge rewesenls crffitiibubons pty¥b by Iho 9mp io ¢h• fund amounièd 10 £223.29912022.. E231,9991. Conlribubons tol811ing £33,680120r2.. £42.164lwero payable to Ihe luNa 8t the bol¥nc• 8heet date ar¥J art In &torS. -47-

KIARWELL WLDLIFE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOEO 31 DECEMBER 2023 Op•r•Ung l•w ¢omnthMnts Qroup Company X123 2022 Wtthln l yw8 87.805 82,827 104.S03 176.449 5.917 Inovwsye 192.308 283.993 T •xpew In to (47Nr9 leawi kn th• y•¥w# £86,07412022". £82,827). 37. ¢*1•1 ¢•mmltm•rf¥ C•thI ¢¢Anmibn•rts y•w 2023 £rf12022: £29J.4571.