REPORT ON CORPORATE INCOME TAX INFORMATION

in compliance with chapter 10a of Directive 2013/34/EU (‘country-by-country reporting’)

Introduction

In compliance with Directive 2013/34/EU, as amended by Directive (EU) 2021/2101 introducing disclosure of income tax information by certain undertakings and branches requirements (public Country-by-Country Reporting), RWS Holdings plc is required to publish this Country-by-Country Report (CbCR). Italy has transposed the public CbCR provisions through Legislative Decree No. 128 of 4 September 2024. The report is published on behalf of SDL Italy Srl Unipersonale, with registered address Legale Tributario, Via 20 Settembre n 5 00187, Roma, Italy, to meet the public CbCR requirements as prescribed in Italy by Legislative Decree No. 128 of 4 September 2024 implementing Directive (EU) 2021/2101. This CbCR is prepared in accordance with Directive 2013/34/EU, as amended by Directive (EU) 2021/2101.

Section 1. General information

Name of ultimate parent of group / of standalone company	RWS Holdings PLC
Country of registered office of ultimate parent undertaking	United Kingdom of Great Britain and Northern Ireland (the)
Date of start of financial year	2024-10-01
Date of end of financial year	2025-09-30
Reporting currency	GBP
Application of option to report in accordance with taxation reporting instructions	true
Name and registered office of a single subsidiary undertaking which has published the report on income tax information of an undertaking that is not governed by the law of a Member State	SDL Global Solutions (Ireland) Ltd 2 Shelbourne Buildings Crampton Avenue Shelbourne Road, Ballsbridge Dublin 18, IRELAND
Name and address of a single branch which has published the report on income tax information of an undertaking that is not governed by the law of a Member State	N/A
Language of report	en

Section 2. Overview of information on a country-by-country basis

Name of Member State or tax jurisdiction	Country code of Member State or tax jurisdiction	Revenues	Profit (loss) before tax	Income tax paid (on cash basis)	Income tax accrued – current year	Accumulated earnings	Number of employees
Belgium	BE	17177218	-239637	221534	97815	-1804876	27
Croatia	HR	1926857	142901	24460	25509	1194057	27
Czech Republic	CZ	121474986	14623825	4028811	3610509	38066561	680
Denmark	DK	3230661	220423	24863	47022	543094	35
Finland	FI	3128658	44008	34478	8388	2406664	33
France	FR	16233449	643455	308436	155655	3430832	164
Germany	DE	33707567	6996269	1198435	1582245	32187024	193
Greece	GR	1187603	118571	40420	16576	1031344	17
Hungary	HU	1272658	80561	9605	9015	159642	31
Ireland	IE	23033087	6222368	84176	906717	22746472	169
Italy	IT	7682661	462829	188272	142729	2352296	97
Luxembourg	LU	1983293	109560	29247	22035	1000458	1
Netherlands	NL	38126059	1362292	1522053	1203302	9662974	130
Norway	NO	2870520	188483	0	40817	106538	32
Poland	PL	14079187	772330	257260	240089	4423989	485
Portugal	PT	4902621	346895	103353	70956	1319053	129
Romania	RO	16053751	330172	235253	51448	6379126	316
Russia	RU	1990957	-141267	30264	3835	759684	63
Slovenia	SI	1069951	73386	15363	17594	508113	16
Spain	ES	24905022	969564	401540	280535	9061854	431
Sweden	SE	6183072	312028	151923	59688	2698412	40
Turkey	TR	2288189	2849498	133458	157407	2669051	39
Vietnam	VN	309676	3937	10709	3471	-18060	18
All other tax jurisdictions (aggregated basis)
		873628809	-135716801	8658303	7984237	912856914	6188

Section 3. List of subsidiaries and activities

Name of Member State or tax jurisdiction	Country code of Member State or tax jurisdiction	Name of subsidiary undertakings consolidated in financial statements of ultimate parent undertaking	Brief description per country of nature of activities in Member State or tax jurisdiction
Belgium	BE	SDL Belgium NV	Research and Development; Holding or Managing Intellectual Property; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Croatia	HR	SDL Zagreb doo	Administrative Management or Support Services
Czechia	CZ	SDL CZ sro	Administrative Management or Support Services
Czechia	CZ	Moravia IT s.r.o.	Research and Development; Holding or Managing Intellectual Property; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Denmark	DK	SDL Sweden AB - Tax jurisdiction SE PE	Administrative Management or Support Services; Provision of Services to Unrelated Parties
Finland	FI	SDL Sweden AB - Tax jurisdiction SE PE	Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
France	FR	SDL France Sarl	Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Germany	DE	SDL Limited - Tax jurisdiction UK PE	Administrative Management or Support Services
Germany	DE	Trados GmbH	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services
Greece	GR	SDL Hellas Efarmoges Pliroforkis LTD	Administrative Management or Support Services
Hungary	HU	SDL Magyaror szaj szolgatato	Administrative Management or Support Services
Hungary	HU	Moravia IT Hungary Kft	Provision of Services to Unrelated Parties
Ireland	IE	Iconic Translation Machines Ltd	Dormant
Ireland	IE	Moravia IT s.r.o. - Tax jurisdiction CZ PE	Administrative Management or Support Services; Provision of Services to Unrelated Parties
Ireland	IE	Propylon Holdings Ltd	Holding Shares or Other Equity Instruments
Ireland	IE	Propylon Limited	Research and Development; Holding or Managing Intellectual Property; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Ireland	IE	SDL Global Solutions (Ireland) Ltd	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Italy	IT	SDL Italy Srl Unipersonale	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services
Luxembourg	LU	SDL Luxembourg SARL	Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Netherlands	NL	Fonto Group BV	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Netherlands	NL	Liones BV	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Netherlands	NL	Liones Groep BV	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Netherlands	NL	Liones Holding BV	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Netherlands	NL	SDL Holdings BV	Administrative Management or Support Services
Netherlands	NL	SDL Media Manager BV	Administrative Management or Support Services
Netherlands	NL	SDL Netherlands BV	Research and Development; Holding or Managing Intellectual Property; Administrative Management or Support Services
Netherlands	NL	SDL Xopus BV	Research and Development; Holding or Managing Intellectual Property; Administrative Management or Support Services
Norway	NO	SDL Sweden AB - Tax jurisdiction SE PE	Administrative Management or Support Services; Provision of Services to Unrelated Parties
Poland	Pl	Moravia IT s.r.o. - Tax jurisdiction CZ PE	Provision of Services to Unrelated Parties
Poland	Pl	SDL Poland Sp zoo	Sales Marketing or Distribution; Administrative Management or Support Services
Portugal	PT	SDL Portugal Unipessoal LDA	Sales Marketing or Distribution; Administrative Management or Support Services
Romania	RO	SDL Language Weaver, srl	Sales Marketing or Distribution; Administrative Management or Support Services
Russia	RU	LLC SDL Rus	Administrative Management or Support Services
Slovenia	SI	SDL doo Ljubjana	Administrative Management or Support Services
Spain	ES	Software Development Language Solutions Hispania, SL	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Sweden	SE	SDL Sweden AB	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Sweden	SE	Tridion AB	Research and Development; Sales Marketing or Distribution; Administrative Management or Support Services; Provision of Services to Unrelated Parties
Turkey	TR	SDL ÇEVİRİ HİZMETLERİ LİMİTED ŞİRKET	Administrative Management or Support Services; Provision of Services to Unrelated Parties
Vietnam	VN	SDL Vietnam Limited	Research and Development; Administrative Management or Support Services

Section 4. Omitted information

Disclosure of type of information omitted
Information omitted	Information omitted, other tax jurisdictions	Explanation of reason for omission of information
N/A	N/A	N/A
Disclosure of information omitted for previous financial years
N/A

Section 5. Explanations for material discrepancies between income tax paid and accrued

Explanation of any material discrepancies between income tax paid and accrued
The accounting losses and negative accumulated earnings in certain jurisdictions are primarily driven by goodwill amortisation, which became fully amortised in FY25. As this amortisation is non-deductible for tax purposes, it creates an income tax expense and associated tax payments despite accounting losses. In some jurisdictions, cash income taxes paid in the CbCR are lower than the tax expense accrued due to the impact of RDEC credits, which reduce the group's overall tax cash outflow.. Additionally, prior year adjustments included within PBT are added back in the tax computation in certain jurisdictions, resulting in lower accounting profit before tax but a higher tax expense. Conversely, tax payments may exceed the current year income tax expense in some jurisdictions as a result of settlements relating to prior years.

Explanation of any material discrepancies between income tax paid and accrued

The accounting losses and negative accumulated earnings in certain jurisdictions are primarily driven by goodwill amortisation, which became fully amortised in FY25. As this amortisation is non-deductible for tax purposes, it creates an income tax expense and associated tax payments despite accounting losses. In some jurisdictions, cash income taxes paid in the CbCR are lower than the tax expense accrued due to the impact of RDEC credits, which reduce the group's overall tax cash outflow.. Additionally, prior year adjustments included within PBT are added back in the tax computation in certain jurisdictions, resulting in lower accounting profit before tax but a higher tax expense. Conversely, tax payments may exceed the current year income tax expense in some jurisdictions as a result of settlements relating to prior years.

Conclusion

• The CbCR reporting data of the respective Constituent Entities (“CEs”) is based on the data used for financial consolidation reporting purposes based on IFRS. In case of multiple CEs in a jurisdiction, irrespective of applicable country consolidation, reporting took place on an aggregate basis at a jurisdictional level. • There may be differences between figures prepared under IFRS and those in audited standalone financial statements of the CEs, including due to differences in revenue recognition rules, among other things. • Amounts in the "Overview of information on country-by-country basis" are reported in GBP in full whole units. Employees are reported in full number of FTE.