AEGIS London Tax Strategy

The publication of this tax strategy satisfies AEGIS London's obligation under paragraph 19(2) of Schedule 19 of the Finance Act 2016 to publish a tax strategy for AEGIS London Holdings Limited and its affiliated UK entities (“AEGIS London”) for the year ended 31 December 2025. A full list of these entities is provided in the Appendix below.

This tax strategy is guided by AEGIS London's broader tax policy, which established the general framework for tax related matters. Together they reflect AEGIS London's core values and its commitment to act as a responsible corporate citizen and while complying fully with the tax regulations.

Both the tax policy and tax strategy are approved, owned and overseen by the Board of Directors of AEGIS Managing Agency Ltd.

The tax strategy comprises three key components:

1. Approach to tax management and planning

AEGIS London maintains a zero-tolerance policy to tax evasion and the facilitation of tax evasion. We are fully committed to complying with all legislation and applicable guidelines designed to prevent tax evasion and the facilitation of tax evasion in the jurisdictions in which we, our clients, our suppliers and our business partners operate.

AEGIS London aims to:

a. Meet its duty and responsibility to pay the right amount of tax in the right place at the right time;
b. Comply fully with all applicable tax laws and regulations in every jurisdiction in which it operates;
c. Assess and claim tax reliefs and incentives where these are available, appropriate and in accordance with the law.

Any tax planning that may be undertaken considers any tax reliefs and incentives available to AEGIS London that are in accordance with the legislation and related HMRC guidance. Professional tax advice is sought where applicable. AEGIS London does not undertake planning that is contrived, artificial or inconsistent with the spirit of the law.

2. Approach to tax risk management and risk appetite

Tax risk may arise from the interpretation of tax law or in making tax decisions on any nonstandard and/or complex transactions. AEGIS London takes a prudent and conservative approach to tax risk management.

Tax risk is managed by AEGIS London as follows:

a. Tax risks are identified, assessed and controlled in line with the overall AEGIS London risk management framework;
b. Appropriate professional advice will be sought, when required;
c. Regular engagement with external advisors on a regular basis to access technical updates, advance notice of changes to legislation, and alignment with industry best practice.

3. Engagement with tax authorities

AEGIS London maintains a transparent, professional and co-operative relationship with HMRC. The aim is to conduct dealings with HMRC and other tax authorities with honesty, integrity, respect and fairness. AEGIS London seeks to maintain regular dialogue with its Customer Relationship Manager to ensure any issues or uncertainties in relation to tax matters, are addressed and to respond to any queries in a timely and appropriate manner.

AEGIS London proactively engages in external developments on tax policy and prepares for any legislative changes, including the current preparations for Pillar II implementation and Country-by-Country reporting requirements.

This content was updated on 11 November 2025

Appendix

List of companies covered by the AEGIS London UK tax strategy:

AEGIS London Holdings Limited

AEGIS Electric & Gas International Services Limited (including Syndicate 1225)

AEGIS Electric & Gas International Services Limited 2

AEGIS Electric & Gas International Services Limited 3

AEGIS Electric & Gas International Services Limited 4

AEGIS Electric & Gas International Services Limited 5

AEGIS Eelectric & Gas International Services Limited 6 (including Syndicate 1225)

AEGIS Managing Agency Limited

AEGIS London Services Limited