Core Points - Mothercare plc has successfully negotiated a further deferral of pension contributions to support cash flows while exploring growth opportunities [2][5] - The total deferred pension contributions amount to £3.0 million, with a new payment schedule to be established by March 31, 2026 [3] - The company has breached the liquidity financial covenant of its £8 million debt facility, but continues to have sufficient cash to operate in the foreseeable future [4] Group Summary - The Group's Pension Trustee has agreed to extend the deferral of contributions until March 2026, allowing the company to focus on strategic discussions [2][5] - The deferred contributions will be paid according to a new schedule, resuming from April 19, 2026, at a level deemed affordable by the Trustee [3] - Ongoing support from the lender has been crucial, with no immediate repayment required despite the breach of the liquidity covenant [4][5]

Core Points - Mothercare plc has posted its Annual Report and Accounts for the year ended 29 March 2025 along with the Notice of Annual General Meeting (AGM) [2] - The AGM is scheduled for 11.00 am on 12 November 2025 at Westside 1, London Road, Hemel Hempstead, HP3 9TD [2] Shareholder Engagement - Shareholders are encouraged to submit proxy votes ahead of the meeting and appoint the chair of the AGM as their proxy [3] - Shareholders can send questions related to the business of the meeting via email to investorrelations@mothercare.com, with a deadline of 11.00 am on 10 November 2025 [3] Availability of Documents - Copies of the Annual Report and Accounts and the AGM Notice are accessible on the Company's website at www.mothercareplc.com/investors [3] Contact Information - Investor and analyst inquiries can be directed to Mothercare plc via email at investorrelations@mothercare.com [3] - Key contacts include Clive Whiley (Chairman), Andrew Cook (Chief Financial Officer), and representatives from Deutsche Numis and Cavendish Capital Markets for corporate brokerage [3]

Core Viewpoint - The company has changed its Nominated Adviser and Broker from Numis Securities Limited to Deutsche Bank AG, London Branch, effective immediately due to the acquisition of Numis Securities Limited's parent company by Deutsche Bank AG on 23 October 2023 [2]. Group 1 - The change in Nominated Adviser and Broker is a direct result of Deutsche Bank AG's acquisition of Numis Securities Limited's parent company [2]. - The transition to Deutsche Bank AG is part of the ongoing integration process following the acquisition [2].

Core Viewpoint - Mothercare plc is experiencing significant challenges due to ongoing uncertainties in the Middle East, impacting its franchise partners and overall financial performance, with a notable decline in retail sales and adjusted EBITDA for FY25 compared to the previous year [2][4][12]. Financial Performance - Adjusted EBITDA for FY25 is expected to be approximately £3.5 million, a decrease from £6.9 million for the period to March 2024, primarily due to the impact of Middle Eastern market conditions [4][12]. - Unaudited net worldwide retail sales by franchise partners were £231 million, down from £281 million in the previous financial year, reflecting an 18% decline [5][12]. - The decline in sales is largely attributed to the Middle East and the UK, where the company is ending its exclusive distribution relationship with Boots at the end of 2025 [5][12]. Market Conditions - The underlying strength of the business is indicated by positive like-for-like retail sales outside the UK, despite global economic uncertainties [6]. - Many franchise partners are still clearing inventory due to suppressed demand during Covid-19, which is expected to continue affecting results into FY26 [7]. Pension and Financing - Annual contributions for the Staff Scheme for the year to March 2026 are set at £3 million, with the first six months' payments deferred to support cash flows while exploring growth opportunities [8]. - At year-end, the company had total cash of £4.4 million, down from £5.0 million in March 2024, and net borrowings reduced to £3.7 million from £14.7 million [10][12]. Strategic Outlook - The company is focused on supporting franchise partners and exploring growth opportunities through partnerships and product development [13][14]. - Discussions with potential strategic partners are ongoing, indicating interest in the brand despite current market challenges [14].