2026 will represent Maze Group’s initial baseline reporting year.

Maze Group has not historically maintained a complete organisational greenhouse gas inventory. During 2026/27 we will establish our baseline emissions using available operational information and recognised UK Government greenhouse gas conversion factors.

Our baseline will consider:

• Scope 1: Direct emissions from sources owned or controlled by Maze Group.
• Scope 2: Indirect emissions associated with purchased electricity, heat or energy.
• Scope 3: Relevant indirect emissions associated with our wider operations and value chain.

For Carbon Reduction Plan reporting, Maze will specifically assess the required Scope 3 categories of:

1. Upstream transportation and distribution;
2. Waste generated in operations;
3. Business travel;
4. Employee commuting; and
5. Downstream transportation and distribution.

Where a category is not applicable, Maze will record the rationale for its exclusion.

Baseline Greenhouse Gas Emissions – 2026

Organisation: Maze Reality Ltd and Maze Interactive Health Ltd
Baseline year: 2026
Reporting unit: Metric tonnes of carbon dioxide equivalent (tCO₂e)

2026 Baseline Emissions — Initial Assessment

Maze Group has undertaken an initial greenhouse gas emissions assessment using operational activity information for its 2026 baseline period.

During this period, the Group operated with five personnel, predominantly working remotely. Serviced-office attendance was approximately three hours per week by one person, with commuting primarily by public transport.

Business travel expenditure was limited, principally associated with rail journeys, representing an estimated 1,000 passenger-kilometres. Employee commuting was estimated at 3,120 passenger-kilometres annually, assuming an equal split between rail and bus journeys.

Based on these assumptions, the emissions quantified to date total approximately 0.2530 tCO₂e. This is a provisional subtotal and does not represent the Group’s complete organisational carbon footprint.

Further calculations are required for shared-office energy consumption, waste management and upstream and downstream equipment transportation. These will be incorporated into the completed baseline inventory using appropriate UK Government greenhouse gas conversion factors and documented estimation methods.

Maze Group retains its commitment to reducing operational emissions by 20% by 2030, 40% by 2035 and 60% by 2040, against its established 2026 baseline, and achieving Net Zero by 2050.

2026 Baseline Emissions Approach: Maze Group operates a hybrid working model, with personnel working remotely and from a serviced office. The Group does not operate energy-intensive premises or manufacturing facilities and does not currently own or operate a vehicle fleet. Office utilities and waste services are provided through the serviced-office arrangement and are not separately metered or directly controlled by Maze Group. Workstations and equipment are switched off when not in use. Business travel is minimised through remote working and virtual meetings, with rail used in preference to air or car travel wherever practicable. Based on the nature and scale of our operations, Maze Group considers its direct operational carbon footprint to be low. During the 2026 baseline year, emissions will be quantified using available activity data and the UK Government 2026 greenhouse gas conversion factor.

Calculation methodology

Maze Group will calculate its 2026 baseline emissions using available operational records, reasonable documented estimates where direct data is unavailable, and the applicable UK Government greenhouse gas conversion factors. The methodology will follow the GHG Protocol principles of relevance, completeness, consistency, transparency and accuracy. Assumptions, exclusions and data limitations will be recorded and reviewed annually.

Carbon Reduction Objectives

Maze Group will work towards Net Zero through a practical and proportionate carbon reduction programme appropriate to an SME technology organisation.

Our objectives include:

Digital-first operations – Continue using digital collaboration, virtual meetings, cloud-based working and remote customer support where appropriate to reduce unnecessary travel and physical materials.

Lower-carbon travel – Prioritise remote meetings where effective, encourage rail over domestic air travel where practical, and combine customer/site visits where possible.

Technology lifecycle management – Extend the useful life of computing, VR/MR and associated technology through modular solutions, maintenance, software updates and component replacement rather than unnecessary whole-system replacement.

Responsible technology procurement – Consider environmental performance, product longevity, repairability and manufacturer sustainability commitments when selecting major hardware and technology suppliers.

Electronic waste – Promote reuse, redeployment and responsible recycling of computing, VR/MR and electronic equipment at end of life using appropriate recycling channels.

Efficient software and infrastructure – Consider energy efficiency and resource consumption when selecting cloud infrastructure, hosting services and technical architectures.

Supply-chain engagement – Work with established manufacturers, distributors and specialist suppliers and increasingly incorporate environmental considerations into supplier selection and review.

Customer Delivery

For contracts involving immersive technology, Maze will seek to reduce environmental impact through solutions designed around modular and technology-agnostic architectures.

Where appropriate, VR/MR headsets, PCs, tablets, AV equipment and software components can be maintained, upgraded or replaced independently rather than requiring replacement of an entire system.

Remote software deployment, maintenance, updates and technical support will be used where appropriate to reduce travel and associated emissions.

Carbon reduction targets

Reporting status: Initial baseline assessment in progress. Quantified emissions will be incorporated once the underlying activity data and calculations have been verified internally.

In addition, Maze Group will work towards reducing relevant Scope 3 emissions through increased use of remote working, virtual meetings, lower-carbon business travel, responsible technology procurement, extended equipment lifecycles and efficient cloud infrastructure.

As our immersive technology and digital healthcare platforms expand, we will continue to prioritise energy-efficient software, remote deployment and support, and the responsible reuse and recycling of VR/MR equipment and associated hardware.

Monitoring and accountability

Emissions performance will be reviewed annually, with progress measured against our established baseline. Reduction targets will be reviewed as reliable emissions data becomes available, ensuring they remain achievable, transparent and aligned with our commitment to environmental sustainability.

Our approach recognises that, as a growing SME, overall business activity may increase, but we remain committed to progressively reducing our environmental impact while supporting sustainable business growth.

Monitoring and Reporting

Responsibility for the Carbon Reduction Plan sits with the Chief Executive Officer.

Performance will be reviewed annually and the Plan updated to reflect:

• measured greenhouse gas emissions;
• progress against reduction targets;
• changes in Maze Group’s operations;
• significant changes to our technology supply chain;
• carbon reduction initiatives implemented during the year; and
• new opportunities for reducing emissions.

As Maze Group grows, our environmental management and carbon reporting processes will develop proportionately.

Declaration and Sign-Off

This Carbon Reduction Plan has been prepared to establish Maze Group’s commitment to measuring and reducing greenhouse gas emissions and achieving Net Zero.

Maze Group will continue to develop its carbon measurement methodology during its initial baseline reporting period and will update this Plan as reliable emissions data becomes available.

This Carbon Reduction Plan has been reviewed and approved by the senior management of Maze Group.

Signed on behalf of Maze Group

Steven Clark
Chief Executive Officer
Maze Reality Ltd / Maze Interactive Health Ltd

Date: 3^rd August 2026