{
  "docId": "019dd923-5eff-723e-9be6-a0cad080dbd8",
  "docSlug": "9a64e7cb94465d1c",
  "documentTitle": "2025 Annual Report",
  "authorId": "HBX-Group",
  "authorName": "HBX Group",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.414,
  "pageNumber": 211,
  "pageCount": 212,
  "prevPage": 210,
  "nextPage": 212,
  "slideType": "appendix_disclosure",
  "function": "other",
  "density": "dense",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "paragraph"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5eff-723e-9be6-a0cad080dbd8/211",
  "deckHref": "/decks/019dd923-5eff-723e-9be6-a0cad080dbd8",
  "deckJsonHref": "/decks/019dd923-5eff-723e-9be6-a0cad080dbd8.json",
  "deckAnchorHref": "/decks/019dd923-5eff-723e-9be6-a0cad080dbd8#slide-211",
  "components": [
    {
      "bbox": {
        "h": 0.6,
        "w": 0.18,
        "x": 0.23,
        "y": 0.23
      },
      "kind": "disclaimer",
      "text": "Forward-looking statements often use words such as 'expects', 'believes', 'may', 'will', 'could', 'should', 'continues', 'intends', 'plans', 'targets', 'predicts', 'estimates', 'envisages' or 'anticipates' or other words of similar meaning or their negatives. They include, without limitation, any and all projections relating to the results of operations and financial conditions of HBX Group International Plc and its subsidiary undertakings from time to time (the 'Group'), as well as plans and objectives for future operations, expected future revenues, financing plans, expected expenditure, acquisitions and divestments relating to the Group and discussions of the Group's business plans, and its assumptions, expectations, objectives and resilience with respect to climate scenarios.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "127e1b7d-c607-44cd-8bd4-d6e4339de2e3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.18,
        "x": 0.8,
        "y": 0.23
      },
      "kind": "disclaimer",
      "text": "Further information on the primary risks of the business and the Group's risk management process is set out in the risk factors section in this Report. All forward-looking statements made on or after the date of this Report and attributable to HBX Group International Plc are expressly qualified in their entirety by the primary risks set out in that section.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "32e2fae3-f2c1-44b2-a82b-a6ef6d938c84",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.18,
        "x": 0.42,
        "y": 0.23
      },
      "kind": "disclaimer",
      "text": "All forward-looking statements in this Report are based upon information known to the Group on the date of this Report and speak as of the date of this Report. Other than in accordance with its legal or regulatory obligations, the Group does not undertake to update or revise any forward-looking statement to reflect any changes in events, conditions or circumstances on which any such statement is based.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4ae3bbac-245f-4fcb-b5e6-2695cac5afa0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.4,
        "w": 0.18,
        "x": 0.04,
        "y": 0.23
      },
      "kind": "disclaimer",
      "text": "Certain statements included in this Annual Report (the Report) are forward-looking. These statements can be identified by the fact that they do not relate only to historical or current facts. By their nature, they involve risk and uncertainties because they relate to events and circumstances that will occur in the future. Actual results could differ materially from those expressed or implied by such forward looking statements.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d7eb182-6b1c-4000-9b43-674e40a40462",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.18,
        "x": 0.61,
        "y": 0.23
      },
      "kind": "disclaimer",
      "text": "Actual results may differ from those expressed or implied in the forward-looking statements in this Report as a result of any number of known and unknown risks, uncertainties and other factors, including, but not limited to, economic and geo-political, market, regulatory, climate, supply chain or other significant external events, many of which are difficult to predict and are generally beyond the control of the Group, and it is not reasonably possible to itemise each item. Accordingly, readers of this Report are cautioned against relying on forward-looking statements.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "997c66f9-0d12-4bff-9b8c-7aa3d59baff3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.5,
        "x": 0.04,
        "y": 0.14
      },
      "kind": "title",
      "text": "HBX Group Forward Looking Statements Disclaimer",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c82de1be-4c5e-4b29-98e9-6c6bd7660274",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 212,
      "from": 4,
      "name": "Logic Chain",
      "slug": "01-logic-chain",
      "bestFor": "Skeptical audiences, controversial recommendations, rigorous analysis",
      "matchId": "c55003a6-dc9b-4ab9-ab52-0f174175edcf",
      "evidence": "The document provides a comprehensive overview of HBX Group, using a logic chain to guide the reader through the content.",
      "position": 0,
      "objective": "Understand HBX Group's current state and strategy",
      "structure": "Premise 1 (Accepted truth) -> Premise 2 (Observed fact) -> Therefore... (Inevitable conclusion)",
      "confidence": 0.7,
      "description": "Build an airtight chain of logic where each premise leads inevitably to the conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}