UK Tax Strategy

This UK tax strategy applies to the UK branch of Marubeni Itochu Steel Europe GmbH, Marubeni Itochu Tubulars PLC, Barclay & Mathieson Limited, Avon Steel Company Limited, Breal Capital (Pulman) Holdings Limited and Abram Pulman & Sons Limited (collectively, the “UK group”). The ultimate parent of the UK sub-group is Marubeni Itochu Steel Inc.(“MISI”), incorporated in Japan.

The publication of this strategy statement is regarded as satisfying the requirements under Paragraph 22(2), Schedule 19, Finance Act 2016. The tax strategy statement was published on 1st April, 2024.