{"url_path":"/sec/nwgl/10-k/2026/item-15","section_key":"item-15","section_title":"Item 15 **","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-04-27","source_url":"https://www.sec.gov/Archives/edgar/data/1948294/0001493152-26-019023-index.html","accession_number":"0001493152-26-019023","cik":"0001948294","ticker":"NWGL","issuer_name":"CL Workshop Group Ltd","edgar_url":"https://www.sec.gov/Archives/edgar/data/1948294/0001493152-26-019023-index.html","primary_entity_key":"0001948294","primary_entity_name":"CL Workshop Group Ltd"},"word_count":752,"has_tables":true,"body_markdown":"**ITEM\n15.**\n**CONTROLS\nAND PROCEDURES**\n\n \n\n**(a)\nDisclosure controls and procedures**\n\n \n\nUnder\nthe supervision and with the participation of our management, including our chief executive officer and chief financial officer, we conducted\nan evaluation of our disclosure controls and procedures, as such term is defined under Rule 13a-15(e) and 15d-15(e) promulgated under\nthe Exchange Act. Controls and other procedures that are designed to provide reasonable assurance that the information that we are required\nto disclose in the reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time\nperiods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management, including\nour chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure.\n\n \n\nBased\non this evaluation, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures were\neffective as of December 31, 2025.\n\n \n\n**(b)\nManagement’s annual report on internal control over financial reporting**\n\n \n\nThe\nmanagement of the Company is responsible for establishing, maintaining, and assessing the effectiveness of internal control over financial\nreporting, as defined in Exchange Act Rules 13a-15(f) and 15d-15(f). Our management, under the supervision of our chief executive officer\nand chief financial officer, is responsible for establishing and maintaining adequate internal control over financial reporting. Internal\ncontrol over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting\nand the preparation of financial statements for external purposes in accordance with the **IFRSs**. Internal control over financial\nreporting includes policies and procedures that:\n\n \n\n \n●\npertain\nto the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the\nassets of the Company;\n\n \n●\nprovide\nreasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with\nIFRSs, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and\ndirectors of the Company; and\n\n \n●\nprovide\nreasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the Company’s\nassets that could have a material effect on the financial statements.\n\n \n\n73\n\n \n\n \n\nBecause\nof its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of\nany evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions,\nor that the degree of compliance with existing policies or procedures may deteriorate.\n\n \n\nUnder\nthe supervision of our chief executive officer and chief financial officer, our management conducted an assessment of our internal control\nover financial reporting as of December 31, 2025, based on the framework and criteria established in *Internal Control — Integrated\nFramework (2013),* issued by the Committee of Sponsoring Organizations of the Treadway Commission (“**COSO**”).\n\n \n\nA\nmaterial weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is\na reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected\non a timely basis. In connection with management’s assessment of our internal control over financial reporting described above,\nmanagement has not identified any material weakness in our internal control over financial reporting as of December 31, 2025. We concluded\nthat our internal control over financial reporting was effective as of December 31, 2025.\n\n \n\nManagement\nbelieves that our consolidated financial statements included in this annual report on Form 20-F have been prepared in accordance with\ngenerally accepted accounting principles. Our chief executive officer and chief financial officer have certified that, based on such\nofficer’s knowledge, the financial statements and other financial information included in this annual report on Form 20-F fairly\npresent in all material respects the financial position, results of operations and cash flows of the Company as of, and for, the periods\npresented in this report.\n\n \n\n**(c)\nAttestation report of the registered public accounting firm**\n\n \n\nThis\nannual report does not include an attestation report of the Company’s registered public accounting firm on internal control over\nfinancial reporting because the Company is a non-accelerated filer exempted from Section 404(b) of the Sarbanes-Oxley Act.\n\n \n\n**(d)\nChanges in Internal Controls over Financial Reporting**\n\n \n\nThere\nwere no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that occurred during\nthe year ended December 31, 2025 that have materially affected, or are reasonably likely to materially affect, our internal controls\nover financial reporting."}