FINANCIAL STATEMENTS INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF ASTON MARTIN LAGONDA GLOBAL HOLDINGS PLC CONTINUED S CORPORATE GOVERNANCE STATEMENT TR We have reviewed the directors’ statement in relation to going concern, longer-term viability and that part of the Corporate Governance Statement relating A TE to the group and company’s compliance with the provisions of the UK Corporate Governance Code specified for our review by the Listing Rules. G I C Based on the work undertaken as part of our audit, we have concluded that each of the following elements of the Corporate Governance Statement is R E materially consistent with the financial statements or our knowledge obtained during the audit: P O R – Directors’ statement with regards to the appropriateness of adopting the going concern basis of accounting and any material uncertainties identified set T out on pages 147-148; – Directors’ explanation as to its assessment of the company’s prospects, the period this assessment covers and why the period is appropriate set out on G O page 70; VE – Director’s statement on whether it has a reasonable expectation that the group will be able to continue in operation and meets its liabilities set out on R pages 70 and 147-148; NAN – Directors’ statement on fair, balanced and understandable set out on pages 100-101 and 129; C – Board’s confirmation that it has carried out a robust assessment of the emerging and principal risks set out on page 102; E – The section of the annual report that describes the review of effectiveness of risk management and internal control systems set out on pages 102-103; – The section describing the work of the audit committee set out on page 98-105. F I RESPONSIBILITIES OF DIRECTORS NAN As explained more fully in the directors’ responsibilities statement set out on page 129, the directors are responsible for the preparation of the financial C IAL statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the S preparation of financial statements that are free from material misstatement, whether due to fraud or error. T A T In preparing the financial statements, the directors are responsible for assessing the group and parent company’s ability to continue as a going concern, E M disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the E N group or the parent company or to cease operations, or have no realistic alternative but to do so. T S AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS F Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to U R fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit T H conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are E R considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of INF these financial statements. OR Explanation as to what extent the audit was considered capable of detecting irregularities, including fraud M A Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined T I above, to detect irregularities, including fraud. The risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one ON resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below. ASTON MARTIN LAGONDA ANNUAL REPORT AND ACCOUNTS 2023 140