13. Other Investments Continued

The Group's subsidiary undertakings as at 31 December 2022 were as follows:

| Country of                                     | 2022           | 2021                              |      |      |
|------------------------------------------------|----------------|-----------------------------------|------|------|
| Company name                                   | incorporation  | Nature of Business                | %    | %    |
| Direct holding Markerstudy Group Limited       | United Kingdom | Holding company                   | 100% | 100% |
| Indirect holdings ACM ULR Limited              | United Kingdom | Claims management                 | 100% | -    |
| Affinity Insurance Solutions Limited           | United Kingdom | Insurance broker                  | 100% | 100% |
| Auto Windscreens Services Limited              | United Kingdom | Repairer and claims handler       | 100% | 100% |
| Belgrave Street Holdings Limited1              | Gibraltar      | Property holding                  | 100% | 100% |
| BFSL Limited                                   | United Kingdom | Credit finance                    | 100% | -    |
| BISL Limited                                   | United Kingdom | Insurance broker                  | 100% | -    |
| Brightside Group Limited                       | United Kingdom | Holding company                   | 100% | 100% |
| Brightside Insurance Services Limited          | United Kingdom | Insurance broker                  | 100% | 100% |
| Britannia House Holdings Limited1              | Gibraltar      | Property holding                  | 100% | 100% |
| Gingermonkeys Creative UK Limited2             | United Kingdom | Graphic designer                  | 100% | 100% |
| Green Garth Priory Limited1                    | Gibraltar      | Property holding                  | 100% | 100% |
| Grosvenor House Holdings Limited1              | Gibraltar      | Property holding                  | 100% | 100% |
| Grosvenor Walk Limited1                        | Gibraltar      | Property holding                  | 100% | 100% |
| Group Direct Marketing Limited2                | United Kingdom | Non trading                       | 100% | 100% |
| Injury QED Limited2                            | United Kingdom | Non trading                       | 100% | 100% |
| Insurance Factory Limited                      | United Kingdom | Insurance broker                  | 100% | 100% |
| INTAA Limited2                                 | United Kingdom | Non trading                       | 76%  | 76%  |
| Longford House (Holdings) Limited2             | United Kingdom | Property holding                  | 100% | 100% |
| Markerstudy (Affinity) Holdings Limited        | United Kingdom | Holding company                   | 100% | 100% |
| Markerstudy (International) Limited1           | Gibraltar      | Investment company                | 100% | 100% |
| Markerstudy (Investments) Limited2             | United Kingdom | Investment company                | 100% | 100% |
| Markerstudy Direct Limited                     | United Kingdom | Insurance broker                  | 100% | 100% |
| Markerstudy Group Investments Limited          | United Kingdom | Investment company                | 100% | 100% |
| Markerstudy Holdings (UK) Limited2             | United Kingdom | Holding company                   | 100% | 100% |
| Markerstudy Holdings Limited                   | Gibraltar      | Holding company                   | 99%  | 99%  |
| Markerstudy Insurance Services Limited         | United Kingdom | Insurance managing  general agent | 100% | 100% |
| Markerstudy Limited                            | United Kingdom | Financing company                 | 100% | 100% |
| Markerstudy Property Holdings  (No.1) Limited2 | United Kingdom | Property holding                  | 100% | 100% |
| Markerstudy Property Holdings Limited2         | United Kingdom | Holding company                   | 100% | 100% |
| MMT Centre Investments Limited2                | United Kingdom | Property holding                  | 100% | 100% |

| Country of                             | 2022           | 2021                 |      |      |
|----------------------------------------|----------------|----------------------|------|------|
| Company name                           | incorporation  | Nature of Business   | %    | %    |
| MSG Office Holdings Limited2           | United Kingdom | Property holding     | 100% | 100% |
| Vision Vehicle Solutions Limited       | United Kingdom | Vehicle hire         | 100% | 100% |
| VisionTrack, Inc.                      | United States  | Motor camera sellers | 90%  | 90%  |
| VisionTrack Limited                    | United Kingdom | Motor camera sellers | 90%  | 90%  |
| Zenith Freeholds (Whitstable) Limited2 | United Kingdom | Property holding     | 100% | 100% |
| Zenith IP Limited1                     | Gibraltar      | Dormant              | 100% | 100% |

1. these companies have claimed the small company audit exemption available under the Gibraltar *Companies Act 2014*. 2. these companies have claimed the small company audit exemption available under s479A of the UK *Companies Act 2006*.

The registered office for all United Kingdom registered subsidiary undertakings is Markerstudy House, 45 Westerham Road, Bessels Green, Sevenoaks, Kent, TN13 2QB, with the exception of ACM ULR Limited, BFSL Limited and BISL Limited whose registered address is Fusion House. Katharine Way, Bretton, Peterborough, PE3 8BG. The registered office of the Gibraltar subsidiaries is of 57/63 Line Wall Road, GX11 1AA. The United States entity is registered at 251 Little Falls Drive, Wilmington, Delaware 19808.