NEWDAY PARTNERSHIP TRANSFEROR PLC

NewDay is committed to ensuring it meets its obligations to pay the correct amount of UK tax at the right time and complying with all applicable laws. The NewDay UK Tax Strategy has been adopted by and applies to NewDay Partnership Transferor plc, among other NewDay Group entities. NewDay will seek to interpret the UK Tax Rules consistently with both the spirit and intention of the law and will not seek to exploit ambiguity. In structuring its commercial activities, NewDay seeks to maximise value to customers and shareholders. Where a number of routes are available to achieve the same commercial results, the most tax efficient approach in compliance with the UK Tax Rules should be adopted.