{"url_path":"/sec/nwgl/10-k/2026/item-8","section_key":"item-8","section_title":"Item 8 **","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":367,"has_tables":true,"body_markdown":"**ITEM\n8.**\n**FINANCIAL\nINFORMATION**\n\n \n\n**8.A.\nConsolidated Statements and Other Financial Information**\n\n \n\nWe\nhave appended consolidated financial statements filed as part of this annual report.\n\n \n\n**Dividend\nPolicy**\n\n** **\n\nWe\ncurrently intend to retain all available funds and future earnings, if any, for the operation and expansion of our business but we may\ndeclare or pay dividends in the future. Any future determination related to our dividend policy will be made at the discretion of our\nboard of directors after considering our financial condition, results of operations, capital requirements, contractual requirements,\nbusiness prospects and other factors the board of directors deems relevant, and subject to the restrictions contained in any future financing\ninstruments. For the year ended December 31, 2025 and 2024 and up to the date of this report, we did not declare or pay any dividends.\nAs at the date of this prospectus, dividend payables balance was nil.\n\n \n\nThe\ndeclaration, amount and payment of any future dividends will be at the sole discretion of our board of directors, subject to compliance\nwith applicable BVI laws regarding solvency. Our board of directors will take into account general economic and business conditions,\nour financial condition and results of operations, our available cash and current and anticipated cash needs, capital requirements, contractual,\nlegal, tax and regulatory restrictions and other implications on the payment of dividends by us to our shareholders or by our subsidiaries\nto us, and such other factors as our board of directors may deem relevant.\n\n \n\nUnder\nBVI law and our memorandum and articles of association, our board of directors may authorize payment of a dividend to shareholders at\nsuch time and of such an amount as they determine if they are satisfied on reasonable grounds that immediately following the dividend\nthe value of our assets will exceed our liabilities and we will be able to pay our debts as they become due. There is no further BVI\nstatutory restriction on the amount of funds which may be distributed by us by dividend.\n\n \n\nCash\ndividends, if any, on our ADSs will be paid in U.S. dollars.\n\n \n\n**8.B.\nSignificant Changes**\n\n \n\nNo\nsignificant change has occurred since the date of our consolidated financial statements filed as part of this annual report."}