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    III New standards and interpretations applied V Use of estimates and critical accounting judgements

    IV New standards and interpretations not applied

    IV New standards and interpretations not applied

    The International Accounting Standards Board (‘IASB’) has issued the following Standards, which are relevant to the Group’s reporting but have either not been applied as they have not been adopted for use in the EU in the year ended 31 March 2026, or have an effective date after the date of these financial statements:

    Standard

    Change

    Effective Date*

    IFRS 9 and IFRS 7

    Classification and Measurement of Financial Instruments (Amendment)

    1 Jan 2026

    IFRS 19

    Subsidiaries without Public Accountability: Disclosures (New Standard)

    1 Jan 2027

    IFRS 18

    Presentation and Disclosure in Financial Statements (New Standard)

    1 Jan 2027

    IFRS 10 and IAS 28

    Sale or Contribution of Assets between an Investor and its Associate or Joint Venture (Amendments)

    TBD
    * periods commencing on or after

    Management have performed a review of the expected impact from other standards and interpretations not applied as shown above. Management do not expect a material impact as a result of new standards and interpretations not applied, except for the adoption of IFRS 18, for which the Group is still assessing the potential impact to its financial statements. TSN does not plan to early adopt any standards or amendments.