Bolton Engineering Pension Scheme - Asset Distribution Notice

Bolton Engineering Co. Ltd. Pension Scheme

Notice is hereby given pursuant to section 27 of the Trustee Act 1925 that the trustee of the Bolton Engineering Co. Ltd. Pension Scheme (the Scheme) is intending to distribute the Schemes’ assets in accordance with the Schemes’ governing documentation, the rules of the Pension Protection Fund (the PPF) and overriding law. It is intended that this will be achieved by the transfer of members’ defined benefits into the PPF if the PPF assumes responsibility for the Scheme.

The following individuals are requested to write to the Trustee of the Bolton Engineering Co. Ltd. Pension Scheme, c/o Quantum Advisory, Cypress House, Pascal Close, St Mellons, Cardiff, CF3 0LW on or before 28 February 2026:

• Any employee or former employee of Silcoms Limited, who believes that they were a member of the Scheme and who is not already receiving a pension in respect of their membership of that Scheme and has not received any correspondence from the Trustee within the last 12 months;

• Any former member of the Scheme with pensionable service after May 1990 and who transferred out or received a one-off lump sum payment.

• Any person who believes themselves to be a beneficiary of the Scheme as the widow, widower, civil partner or dependant of a deceased member of that Scheme; and

• Any other person who believes they have a claim against, or an interest in, the Scheme.

Claimants should provide their full name, address, date of birth, National Insurance number and details of when they were Scheme members.

Claimants need not write if they have received correspondence from the trustee within the last 12 months.

After 28 February 2026, the Trustee will proceed to deal with the Scheme’s assets among the persons entitled to them, having regard only (subject to the discretion of the PPF) to the claims and interests of which they have prior notice and in relation to the assets used for such distribution, the Trustee will not be liable to any person or persons for a claim of which they do not have notice.

Open Trustees Limited, sole trustee of the Bolton Engineering Co. Ltd Pension Scheme

30 November 2025