Alsco Linen Services Limited Group Tax Strategy

Alsco Linen Services Limited is the parent company of the CLEAN group, with primary trading operations conducted through its subsidiary, CLEAN Linen Services Limited. Alsco Linen Services Limited is owned by Alsco Inc., part of a group headed by Steiner LLC, based in Salt Lake City, Utah, USA. We are a privately owned textile service provider with over 100 years of experience. We are one of the UK’s leading laundry companies, providing linen and workwear rental services across England and Wales. We take pride in offering professional, high-quality, and customer-focused service.

The CLEAN group’s business activities, wholly based in the UK, incur various taxes, including Income Tax, Corporation Tax, PAYE, National Insurance Contributions, VAT, Withholding Tax, and Stamp Duty Land Tax. The taxes we collect and pay contribute significantly to the communities we serve.

This tax strategy, approved by the Board and UK leadership team, sets out the CLEAN group’s approach to conducting its tax affairs, managing tax risks, and engaging with tax authorities for the year ending 31 December 2025.

Risk Management and Governance

The UK leadership team is responsible for the CLEAN group’s tax strategy and ensuring compliance with all applicable UK laws and regulations, in alignment with the shareholders’ long-term interests.

The group operates a system of tax risk assessment and internal controls as part of the overall financial reporting framework. Key features include:

• Internal controls: Regularly reviewed by the Internal Audit Department and external auditors.
• External advice: Complex tax matters are reviewed by external tax advisors to ensure compliance with current laws.
• Training and systems: Finance staff receive ongoing professional development and use automated systems to ensure the accuracy and integrity of tax data.
• Monitoring and review: Policies and processes are reviewed annually and updated as required by regulatory changes or business developments.

The UK leadership team is ultimately responsible for ensuring the timely filing of tax returns and the payment of taxes in accordance with applicable laws.

Tax Risks and Tax Planning

The CLEAN group adopts a low-risk approach to tax and does not engage in artificial tax arrangements. Our tax contribution reflects the commercial activities of the business.

Key principles:

• Compliance: All employees must adhere to group policies and the CLEAN Code of Conduct.
• Materiality: Tax risks are evaluated considering the materiality of the amounts and obligations.
• Business alignment: Tax considerations form part of significant business decisions, but transactions are not undertaken primarily for tax advantage.
• External guidance: The group seeks external advice for complex matters, including tax incentives, reliefs, and emerging issues such as digital services taxes or cross-border arrangements with the US parent company.
• Documentation: All tax positions, including the use of incentives or reliefs, are properly documented to demonstrate compliance.

Relationship with HM Revenue and Customs

The CLEAN group is committed to open, transparent, and collaborative engagement with HMRC. Practices include:

• Early engagement on uncertain tax positions.
• Providing relevant, accurate information in a timely manner.
• Consulting HMRC or external advisors when the application of tax law is unclear.
• Proactive disclosure where appropriate to minimise the risk of penalties or interest.

Our approach to tax has been published in accordance with paragraph 16(2), Schedule 19 of the Finance Act 2016, and relates to our accounting period ending 31 December 2025.

List of entities covered by this Tax Strategy

• Alsco Linen Services Limited
• CLEAN Viking Holdings Limited
• CLEAN Viking Bidco Limited
• CLEAN Viking Acquisition Co Limited
• CLEAN Linen Services Limited
  
• Matco Direct Limited
• CLEAN Watford Limited
• Stevens Hatherley Holdings Limited
• Bcomp 497 Limited
• Paris Laundry Systems Limited