For the financial year ended 5 April 2026

Small and Non-Interconnected MIFIDPRU investment firm

Regulatory status and scope

HFMC Asset Management Ltd (“HFMCAM”) is authorised and regulated by the Financial Conduct Authority under firm reference number 194722. HFMCAM is a Small and Non-Interconnected (“SNI”) MIFIDPRU investment firm and has no Additional Tier 1 instruments in issue. This disclosure is made on an individual basis.

Remuneration approach and objectives

HFMCAM applies remuneration arrangements to all staff within the scope of the MIFIDPRU Remuneration Code. For this purpose, staff includes HFMCAM directors and individuals employed by HFMC Group Services LLP who are functionally assigned to perform HFMCAM’s investment-management and dedicated investment-administration activities. General shared corporate services are not treated as HFMCAM staff. The arrangements are designed to support sound and effective risk management, regulatory compliance and fair client outcomes, and not to encourage risk-taking inconsistent with HFMCAM’s risk profile or the interests of its clients.

Governance

The HFMCAM Board approves and oversees the firm’s remuneration policy and practices. HFMCAM does not operate a remuneration committee and did not use an external remuneration consultant in developing its remuneration arrangements during the period.

Components and performance criteria

Remuneration attributed to HFMCAM for the period consisted solely of fixed remuneration. Fixed remuneration reflects role, responsibilities, skills and experience and is not determined by investment performance. No variable remuneration was attributed to HFMCAM and no remuneration was directly linked to the performance of client portfolios.

Quantitative disclosure

Remuneration attributable to all in-scope staff	Amount
Fixed remuneration	£294,089.37
Variable remuneration	Nil
Total remuneration	£294,089.37

Basis of attribution

The quantitative disclosure includes £18,000 paid directly by HFMCAM to its directors, the full employment cost of the dedicated investment-administration team supporting HFMCAM, and 50% of the employment cost of the investment-manager and Chief Investment Officer team whose responsibilities are shared between HFMCAM and HFMC Wealth. The allocation reflects the functional contribution of staff to HFMCAM during the period.

Publication. This disclosure is published annually in accordance with MIFIDPRU 8 and is intended to be read in conjunction with HFMCAM’s annual financial statements and was approved by the Executive Board on 12^th November 2026.

HFMC Asset Management Ltd
Registered in England and Wales, company number 03891979
Authorised and regulated by the Financial Conduct Authority, firm reference number 194722