Appointment of Auditor
Satsuma Technology PLC has appointed PKF Littlejohn LLP as its new auditor for the financial year ending 28 February 2026, replacing BDO LLP. This change follows a review of service provider contracts as part of a cost reduction program. BDO confirmed there are no matters arising from their resignation that need to be brought to the attention of the company's members or creditors. PKF Littlejohn has significant experience with UK listed companies and the digital asset sector, and their appointment will be subject to shareholder ratification at the next Annual General Meeting.
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Satsuma Technology PLC (LSE: SATS, the Company) is pleased to announce the appointment of PKF Littlejohn LLP ("PKF Littlejohn") as auditor of the Company, succeeding BDO LLP ("BDO"), for the financial statements for the year-ended 28 February 2026.
PKF Littlejohn is a UK member firm of PKF Global and a leading auditor of companies admitted to trading on the Main Market and AIM, with significant experience in the digital asset sector. Their appointment will be put to shareholders for ratification at the Company's next Annual General Meeting.
BDO resigned as auditor on 9 April 2026 at the Board's request, following the review of service provider contracts undertaken as part of the cost reduction programme announced on 2 April 2026. In its statement under section 519 of the Companies Act 2006, BDO confirmed that there are no matters connected with its ceasing to hold office that need to be brought to the attention of the members or creditors of the Company. The Board extends its thanks to BDO for its professionalism during the transition and their support received to date.
A copy of BDO's section 519 statement is available on the Company's website at www.satsuma.digital/investors.
Ranald McGregor-Smith, Executive Chairman of Satsuma, commented:
"We are pleased to welcome PKF Littlejohn as the Company's auditor. Their experience with UK listed companies and with digital asset businesses makes them well-suited to audit Satsuma."
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