s172 Statement

Directors’ s172 Statement for financial year ending 31st December 2025.

The Directors of Gigaclear Limited have a duty under Section 172 of the Companies Act 2006 to promote the success of the Company for the benefit of its members as a whole, while having regard to the interests of broader stakeholders and the long-term impact of decisions.

In doing so, the Board considers the interests of shareholders, lenders, employees, customers, suppliers, regulators, government partners and the communities in which we operate.

Long-term focus and strategy

Throughout 2025, the Board remained focused on ensuring the long-term sustainability of the business in a challenging market environment. This included prioritising customer growth, optimising capital investment and managing liquidity, as well as overseeing the successful recapitalisation completed in April 2026 to strengthen the Company’s financial position.

Our people

Employees are central to our success. The Board monitors engagement, wellbeing and workforce development, supporting initiatives such as leadership programmes, enhanced collaboration across teams and ongoing health and well-being activities.

Customers and partners

Delivering a high-quality customer experience is a core priority. During 2025, the Company improved onboarding and service processes, successfully increasing customer numbers and satisfaction. The Board also oversees strong relationships with suppliers, working collaboratively to manage changes in build activity and maintain operational performance.

Communities and environment

Gigaclear is committed to supporting rural communities through improved connectivity, local employment and community initiatives. The rural community is at the core of our business. The Board also oversees environmental performance, including progress in carbon reporting and waste reduction, and the development of a long-term sustainability approach.

Responsible business

The Board promotes high standards of business conduct and governance, with regular oversight of health, safety, compliance and ESG matters. In all decisions, the Directors aim to act fairly between members while considering the impact on all stakeholders.