A. Operating results Additional Information: Operating and Financial Review 252 Strategic Report: Key performance indicators 23-24 Strategic Report: Financial review 25-31 Strategic Report: Risk management (including Viability Statement) 55-69 Financial Statements 168-233 B. Liquidity and capital resources Strategic Report: Financial review 25-31 Note 16: Derivatives and Hedge Accounting 202-205 Note 18: Borrowings 205-206 Note 19: Financial Risk Management 206-209 Note 34: Leases 223 C. Research and development, patents and licenses etc Not applicable n/a D. Trend information Strategic Report: Key performance indicators 23-24 Strategic Report: Financial review 25-31 E. Critical Accounting Estimates Note 1: Accounting Policies 174-182 Strategic report Governance report Financial statements Other information Pearson plc Annual report and accounts 2025 242 Additional information for US listing purposes continued Item Form 20-F Caption Location in this Document Page Reference