Response 4 - PwC

Pauline Wallace UK Endorsement Board 6th Floor 10 South Colonnade London E14 4PU

27 May 2025

Dear Pauline

UK Draft Endorsement Criteria Assessment (DECA) of Amendments to IFRS 9 and IFRS 7 – Contracts Referencing Nature-Dependent Electricity

I am responding on behalf of PricewaterhouseCoopers LLP to your invitation to comment on the Draft Endorsement Criteria Assessment (DECA) of the Amendments to IFRS 9 and IFRS 7 – Contracts Referencing Nature-Dependent Electricity.

We continue to support globally consistent standards and encourage endorsement of international accounting standards, without any regional modifications and carve-outs where possible. Accordingly, we support the adoption of the Amendments to IFRS 9 and IFRS 7 – Contracts Referencing Nature-Dependent Electricity, as proposed in the DECA. Our responses to the questions in the Invitation to Comment are 'yes'.

If you have any questions in relation to this letter please do not hesitate to contact me.

Yours sincerely

Head of UK Corporate Reporting Services PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP 1 Embankment Place, London WC2N 6RH T: +44 (0) 20 7583 5000, F: +44 (0) 20 7822 4652, www.pwc.co.uk

PricewaterhouseCoopers LLP is a limited liability partnership registered in England with registered number OC303525. The registered office of PricewaterhouseCoopers LLP is 1 Embankment Place, London WC2N 6RH. PricewaterhouseCoopers LLP is authorised and regulated by the Financial Conduct Authority for designated investment business.