{"url_path":"/sec/yoov/10-k/2026/item-15","section_key":"item-15","section_title":"Item 15 CONTROLS AND PROCEDURES**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-12","source_url":"https://www.sec.gov/Archives/edgar/data/2001794/0001213900-26-054960-index.html","accession_number":"0001213900-26-054960","cik":"0002001794","ticker":"YOOV","issuer_name":"Concorde International Group Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2001794/0001213900-26-054960-index.html","primary_entity_key":"0002001794","primary_entity_name":"Concorde International Group Ltd."},"word_count":630,"has_tables":true,"body_markdown":"**ITEM\n15. CONTROLS AND PROCEDURES**\n\n \n\n**Disclosure\nControls and Procedures**\n\n \n\nDisclosure\ncontrols and procedures are designed to ensure that information required to be disclosed by us in reports filed or submitted under the\nExchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure\ncontrols include, without limitation, controls and procedures designed to ensure that information required to be disclosed under the\nExchange Act is accumulated and communicated to management, including principal executive and financial officers, as appropriate, to\nallow timely decisions regarding required disclosure. There are inherent limitations to the effectiveness of any system of disclosure\ncontrols and procedures, including the possibility of human error and the circumvention or overriding of the controls and procedures.\nAccordingly, even effective disclosure controls and procedures can only provide reasonable assurance of achieving their control objectives.\n\n \n\nOur\nmanagement carried out an evaluation, under the supervision of our Co-Chief Executive Officers of the effectiveness of our disclosure\ncontrols and procedures, as such term is defined under Rule 13a-15(e) promulgated under the Exchange Act, as of December 31, 2025. Based\non that evaluation, our management, including our Co-Chief Executive Officers, concluded that our disclosure controls and procedures\nwere ineffective as of December 31, 2025 due to the material weakness in internal control over financial reporting identified below.\n\n \n\n**Management’s\nAnnual Report on Internal Control over Financial Reporting**\n\n \n\nOur\nmanagement is responsible for establishing and maintaining adequate internal control over financial reporting, as defined in Rule 13a-15(f)\nand 15d-15(f) under the Exchange Act. Our management evaluated the effectiveness of our internal control over financial reporting, as\nrequired by Rule 13a-15(c) of the Exchange Act, based on criteria established in the framework in Internal Control-Integrated Framework\n(2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.\n\n \n\nBased\non this evaluation, our management has concluded that our internal control over financial reporting was not effective as of December\n31, 2025, due to two material weaknesses identified in our internal control over financial reporting as described below:\n\n \n\n \n●\nLack of proper training\nof the accounting staff to ensure consistent application of IFRS as well as compliance with related financial reporting guidelines;\nand\n\n \n \n \n\n \n●\nIneffective design of review\ncontrols regarding both routine accounting processes and accounting treatments for complex transactions to ensure that accounting\ntransactions are properly recognized and measured in the consolidated financial statements.\n\n \n\n89\n\n \n\nWe\nintend to implement measures designed to improve our internal control over financial reporting to address the underlying causes of these\nmaterial weaknesses, including: (i) hiring more qualified staff to fill up the key roles in the operations; and (ii) setting up a financial\nand system control framework with formal documentation of polices and controls in place.\n\n \n\n**Attestation\nReport of the Registered Public Accounting Firm**\n\n \n\nThis\nannual report on Form 20-F does not include an attestation report of our registered public accounting firm because our company is neither\nan accelerated filer nor a large accelerated filer, as such terms are defined in Rule 12b-2 under the Exchange Act.\n\n  \n\n**Changes\nin Internal Control over Financial Reporting**\n\n \n\nExcept\nas described above, there have been no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) of the\nExchange Act) that occurred during the period covered by this annual report that have materially affected, or are reasonably likely to\nmaterially affect, our internal controls over financial reporting.\n\n \n\nIt\nshould be noted that while our management believes that our disclosure controls and procedures provide a reasonable level of assurance,\nour management does not expect that our disclosure controls and procedures or internal financial controls will prevent all errors or\nfraud. A control system, no matter how well conceived or operated, can provide only reasonable, not absolute, assurance that the objectives\nof the control system are met."}