We have audited the financial statements of Kwiktuf Holdings Limited (the 'parent company') and its subsidiaries (the
'group') for the year ended 31st December 2021 which comprise the Consolidated Income Statement, Consolidated
Other Comprehensive Income, Consolidated Balance Sheet, Company Balance Sheet, Consolidated Statement of
Changes in Equity, Company Statement of Changes in Equity, Consolidated Cash Flow Statement and Notes to the
Consolidated Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting
policies. The financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
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