LucyGroup-ARA2024_spreads web ready_FINAL

CONTENTS

What’s in this report P04

Business Overview Highlights Chairman's Statement Our Business at a Glance

02 04 06 08 10 11 14 18 26 28 30 32 34 38 42 46 50 56 68 70 76 78 80 81

Our Solutions Our Locations

Chairman’s Statement High level overview of the Group’s performance in 2024. P14 Market trends Key drivers for growth and case studies that bring our business to life. P26 How we run our business Our model for creating, capturing, delivering and sustaining value. P34 Business unit insights Overviews of individual business unit performance, market context and outlook. P56 Our sustainable approach How we put people, planet and progress into action. P134

Our Purpose Framework

Strategic Report Market Overview

Case Studies

Our Business Model

Our Strategy

Key Performance Indicators

Operational Review Business Reviews: Lucy Electric Lucy Controls Lucy Real Estate Financial Review Risk Management

Environmental, Social and Governance (ESG)

Corporate Governance Board of Directors Corporate Governance Report

Report of the Directors

Relations with Stakeholders Directors’ Responsibilities

Independent Auditor’s Report to the Shareholders of Lucy Group Ltd Financial Statements Consolidated Income Statement

86 87

Consolidated Statement of Comprehensive Income

Consolidated Statement of Financial Position Consolidated Statement of Cash Flows

88 89 90

Lucy Group is an international group that makes the built environment sustainable. Our electric businesses advance the transition to a carbon-free world with infrastructure that enables renewable energy and smart cities. Our real estate businesses support sustainable living through responsible property development and investment.

Consolidated Statement of Changes in Equity

Principal Accounting Policies

91 98

Notes to the Accounts

Company Statement of Financial Position Company Statement of Changes in Equity

120 121 122

Notes to the Company Accounts

Shareholder Information Advisors, Financial Calendar and Registered Office

132

Financial summary Key financial data over the past five years.

Notice of Meeting Five-year Summary

133 134 136

Contacts

For more information visit our website: www.lucygroup.com

LUCYGROUP.COM

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