WARNING: RULE 22.4 CANNOT BE USED IF YOU HAVE ALREADY ACTED IN BREACH OF SECTION 216 OF THE INSOLVENCY ACT 1986.

Note: The Insolvency Service considers that notice cannot be given under this rule prior to liquidation unless there is an office holder acting in relation to the company as administrator, administrative receiver or supervisor of a CVA.

CAP10 PARTNERS LLP

Trading Name: Trading name or style: Cap10; Cap10 Partners

Registered office: C/O TENEO FINANCIAL ADVISORY LTD, The Colmore Building, 20 Colmore Circus Queensway, Birmingham, B4 6AT

On 19 November 2025 the limited liability partnership entered administration.

We

(i) Mandar Arvind Kulkarni of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU;

(ii) Fabrice Aurelien Nottin of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU;

(iii) Cap10 Partners Holdco Limited of 3rd Floor, 12 Charles II Street, St James' Park, London, England, SW1Y 4QU;

(iv) Christophe Philippe Auber of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU;

(v) Joseph Baxter of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU;

(vi) Luca Bonanomi of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU;

(vii) Maximilian Dialdas of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU;

(viii) Calum Charles MacEwen of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU;

(ix) Tigran Petrosyan of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU; and

(x) Roel Van Ark of c/o CharlesII Partners LLP, 3rd Floor, 12 Charles II Street, St. James's, London, United Kingdom, SW1Y 4QU,

were a member of the above-named limited liability partnership on the day before it entered administration.

We give notice that it is our intention to act in all or any of the ways specified in section 216(3) of the Insolvency Act 1986 if the above-named limited liability partnership were to go into insolvent liquidation in connection with, or for the purposes of, the carrying on of the whole or substantially the whole of the business of the above-named limited liability partnership under the following names:

Cap10 Partners

Cap10

We would otherwise not be permitted to undertake those activities without leave of the Court or the application of an exception created by Rules under the Insolvency Act 1986.

A breach of the prohibition created by Section 216 is a criminal offence.

Rule 22.5 - Statement as to the effect of the notice under rule 22.4(2):

Section 216(3) of the Insolvency Act 1986 lists the activities that a director of a company that has gone into insolvent liquidation may not undertake unless the court gives permission or there is an exception in the Insolvency Rules made under the Insolvency Act 1986. (This includes the exceptions in Part 22 of the Insolvency (England and Wales) Rules 2016.) These activities are—

(a) acting as a director of another company that is known by a name which is either the same as a name used by the company in insolvent liquidation in the 12 months before it entered liquidation or is so similar as to suggest an association with that company; (b) directly or indirectly being concerned or taking part in the promotion, formation or management of any such company; or (c) directly or indirectly being concerned in the carrying on of a business otherwise than through a company under a name of the kind mentioned in (a) above.

This notice is given under rule 22.4 of the Insolvency (England and Wales) Rules 2016 where the business of a company which is in, or may go into, insolvent liquidation is, or is to be, carried on otherwise than by the company in liquidation with the involvement of a director of that company and under the same or a similar name to that of that company.

The purpose of giving this notice is to permit the director to act in these circumstances where the company enters (or has entered) insolvent liquidation without the director committing a criminal offence and in the case of the carrying on of the business through another company, being personally liable for that company's debts. Notice may be given where the person giving the notice is already the director of a company which proposes to adopt a prohibited name.