Response 1 - Deloitte LLP

Deloitte LLP 1 New Street Square London EC4A 3HQ

Phone: +44 (0)20 7936 3000 www.deloitte.co.uk

18 August 2026

Paul Lee Chair UK Endorsement Board 6th Floor 10 South Colonnade Canary Wharf London E14 4PU

To be sent via email to: [email protected]

Dear Paul

Invitation to Comment on the Draft Endorsement Criteria Assessment of Amendments to the Fair Value Option for Investments in Associates and Joint Ventures (Amendments to IAS 28)

We welcome the opportunity to respond to the UK Endorsement Board’s invitation to comment on its draft endorsement criteria assessment of Amendments to the Fair Value Option for Investments in Associates and Joint Ventures (Amendments to IAS 28) that were published by the International Accounting Standards Board in June 2026.

We strongly support a single set of global corporate reporting standards and such we fully support the endorsement of the amendments to IAS 28.

Yours sincerely

Vice-Chair and UK National Head of Accounting and Corporate Reporting

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