Governance Statement

The Board of Uisce Éireann (“the Board”) present the Report of the Board for the financial year ended 31 December 2025.

Uisce Éireann (“the Company”) was incorporated in July 2013 pursuant to the Water Services Act 2013. Uisce Éireann is a Designated Activity Company limited by shares with a Constitution (Memorandum and Articles of Association) in accordance with the Companies Act 2014. Uisce Éireann is a regulated utility, that is economically regulated by the Commission for Regulation of Utilities and environmentally regulated by the Environmental Protection Agency.

Following the announcement in 2018 by the Government that Uisce Éireann would become a standalone, publicly owned, commercial, regulated utility and would no longer be a subsidiary of the Ervia Group, Uisce Éireann legally separated from Ervia with effect from 01 January 2023.

During 2025, Uisce Éireann complied with the provisions of the Code of Practice for the Governance of State Bodies (“the Code of Practice”), as it applies to a commercial semi-state entity. In accordance with provision 1.9 of the Business and Financial Reporting Requirements outlined in the Code, Uisce Éireann reports to the Minister for Housing, Local Government and Heritage (“the Minister”) on its compliance with the Code of Practice.

Directors’ Compliance Statement

The Board acknowledges that it is responsible for securing the Company’s compliance with its relevant obligations in accordance with Section 225 of the Companies Act 2014.

The Board is of the opinion that the policies and the structures and arrangements which the Company has in place are appropriate to secure material compliance by the Company with its relevant obligations. The Company’s “relevant obligations” are identified in the Compliance Policy Statement and the associated Compliance Matrix which identifies the key actions and checks that must be in place. This Compliance Policy Statement has been communicated to all senior management of the Company to ensure consistent and robust adherence. The Board carried out a mid-financial year and year-end review of the arrangements and structures in place for 2025 to secure the Company’s material compliance with its relevant obligations.

As compliance is a dynamic process, involving multiple policies and procedures, the commitment of the Board and senior management and the support of all employees, contractors and agents is essential to make the policy effective. The Board is committed to fostering an environment at Board level and throughout the Company which raises awareness, respects and promotes the aims of the Compliance Policy Statement.

Role and responsibilities of the Board

The Board’s role is to provide leadership and direction to the Company and ensure good governance across Uisce Éireann within a framework of prudent and effective controls. The Board, with the support of its four Committees, performs this task by constructively challenging performance and supporting the development of proposals on strategy. The Governance Framework outlines the formal schedule of matters reserved for the Uisce Éireann Board (some of which are subject to Ministerial approval).

The day-to-day administration of the company is conducted by the Executive, under the management of the CEO, in accordance with the strategic goals and policies approved by the Board and within a prudent and effective control environment. Operational and financial decisions are made in consideration of achieving the goals that the Board has determined, having regard to Uisce Éireann’s statutory obligations and shareholders’ expectations.

Schedule of matters reserved for Board approval as outlined in the Uisce Éireann Governance Framework includes:

Matters considered by the
Board during 2025 include:

Annual Budgets, Corporate Strategy and Balanced Scorecard.
Release for consultation, and adoption of, key policy documents of strategic importance.
Oversight of Health and Safety governance, strategy and performance.
Without prejudice to certain delegations, all expenditure in relation to investment and capital projects and approval of major contract terms as required by the Infrastructure Guidelines and Water Services Sector Specific Guidelines.
Annual Report and Annual Financial Statements.
Appointment/ removal of external auditor.
Treasury matters.
Approval of climate action and sustainability objectives and oversight of sustainability reporting.
Significant amendments to pension scheme.
Terms of employment of senior management.
Code of Business Conduct, Organisational Risk Management Policy, Anti-Fraud Policy, Protected Disclosures Policy and Anti-Bribery and Anti-Corruption Policy.
Organisational Risk Management Policy, Procurement Policy, Expenditure and Contract Approval Policy.
All matters requiring Ministerial approval.
Criminal prosecutions for non-compliance with trade effluent licenses or any provision of the Water Services Acts 2007 to 2022.

Approval of 2024 Annual Report.
Approval of 2026 Annual Budget.
Approval of 2025 Balanced Scorecard metrics and monitoring of target achievements.
Adoption and publication of Water Services Strategic Plan 2050.
Business and Financial Plan 2026-2030
Monthly finance and operations update and quarterly forecasting.
Approval of budgets for capital programmes and expenditure.
Quarterly Risk updates.
Progress of Uisce Éireann Transformation Programme.
Approval of Risk Appetite Statements.
Monthly Safety updates as well as bi-annual deep dive review.
Quarterly updates on critical assets.
Updates on Water Supply Project and Greater Dublin Drainage Project and detailed business cases.
Corporate Strategy.
Updates on Revenue Control 4 determination and Revenue Control 3 outturn.
Consideration of Directors’ Compliance Policy Statement.
Review of effectiveness of internal controls.
Updates on leakage performance and supply maximisation measures.
Approval of a number of water conservation orders.
Oversight of Cyber Security strategy and risk measures.
Externally facilitated Board effectiveness review.
Approval of amendments to Corporate Governance documents including the Governance Framework and the Board and Committee Terms of Reference.

Directors’ Responsibilities Statement for the Annual Report and Financial Statements

The Board is responsible for preparing the Directors’ Report and the financial statements in accordance with the Companies Act 2014 and the applicable regulations. The Directors are responsible for the maintenance and integrity of certain corporate and financial information included on the Company’s website www.water.ie. Legislation in Ireland concerning the preparation and dissemination of Financial Statements may differ from legislation in other jurisdictions.

Irish company law requires the Directors to prepare financial statements for each financial year. Under the law, the Directors have elected to prepare the financial statements in accordance with International Financial Reporting Standards as adopted by the European Union (“relevant financial reporting framework”). Under company law, the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the assets, liabilities and financial position of the Company as at the financial year end date and of the profit or loss of the Company for the financial year and otherwise comply with the Companies Act 2014.

In preparing those financial statements, the Directors are required to:

Select suitable accounting policies for the Company financial statements and then apply them consistently.
Make judgements and estimates that are reasonable and prudent.
State whether the financial statements have been prepared in accordance with the applicable accounting standards, identify those standards, and note the effect and the reasons for any material departure from those standards.
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The Directors are responsible for ensuring that the Company keeps, or causes to be kept, adequate accounting records which correctly explain and record the transactions of the Company, enable at any time the assets, liabilities, financial position and profit or loss of the Company to be determined with reasonable accuracy, enable them to ensure that the financial statements and Directors’ report comply with the Companies Act 2014, and enable the financial statements to be audited. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Overview of the Board

Board composition, appointment and re-election

The Board’s structure is prescribed by statute, provided for in Section 6A of the Water Services Act 2013. Board vacancies are filled in accordance with Guidelines on Appointments to State Boards. The Chairperson engages with the Minister in advance of the Board appointment process about the specific skills and diversity that are required on the Board.

Section 6A of the Water Services Act 2013 provides that:

The number of Board Members shall be more than five but not more than ten.
Board Members are appointed by the Minister for Housing, Local Government and Heritage with the consent of the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation.
One Board Member will be nominated by the Irish Congress of Trade Unions.
The CEO shall be an ex-officio Board Member of the Company.

Full profiles of the current Board membership can be seen within the Uisce Éireann Board section.

Board Member Paul Reid resigned with effect from 8 July 2025 and Board Member Gerard Britchfield’s term of office expired on 31 December 2025. In February 2025 Orlagh Nevin and Rena O’Sullivan were appointed as Board Members.

As Chairperson of the Board, Jerry Grant, is responsible for leading the Board and ensuring the effectiveness and full participation of each Board Member.

The Company Secretary, Richard O’Sullivan, is responsible for ensuring that Board procedures are complied with and for advising the Board, through the Chairperson, on governance matters generally.

The Board has an appropriate balance of skills, experience and knowledge of the Company to allow it to discharge its duties and responsibilities effectively. The Board is of sufficient size to ensure that this balance of skills and experience can be utilised appropriately and changes to the Board’s composition can be managed without undue disruption.

Appointments to the Board are a matter for the Minister and are made through the Public Appointment Service.

Induction and development of new Directors

On appointment, Board Members are provided with detailed briefing documents, governance, financial and operational information, and the opportunity to be briefed by the Executive team on the different aspects of the business of the Company. The Company Secretary liaises with Board Members with regard to their specific requirements, such as attendance at conferences, courses and webinars relevant to the business and arranges briefings by management on specific topics.

Independence

The Board of Uisce Éireann is comprised of nine independent Non-Executive Directors and one Executive Director.

Board Members are required, in accordance with the provisions of the Code of Practice, to disclose any relevant interest and absent themselves from Board discussions where they have a direct or indirect interest.

Board remuneration, expenses and attendance

The Non-Executive Board Members are entitled to fees, on a scale determined by the Minister. The remuneration of the CEO of Uisce Éireann for 2025 is outlined in note 3 of the financial statements. A schedule of the attendance at the Board and Committee meetings for 2025 is outlined below.

Board Member	Remuneration (€)	Expenses⁴ (€)	Board (attended/eligible)	Audit and Risk Committee (attended/eligible)	Investment, Infrastructure & Sustainability Committee (attended/eligible)	Uisce Éíreann Transformation Programme Committee (attended/eligible)	Remuneration Committee (attended/eligible)
Jerry Grant (Chairperson of Board)	31,500	234	12/12		10/10		8/8
Gerard Britchfield	15,750	1,882	12/12	6/6			8/8
Niall Gleeson (CEO)¹	-		12/12		9/10	7/7
Patricia King²	-		12/12			7/7	8/8
Eileen Maher	15,750		12/12	6/6			8/8
Cathy Mannion	15,750		12/12	6/6	10/10
Douglas Millican	15,750	843	11/12			7/7
Michael Nolan	15,750		12/12		10/10	7/7
Paul Reid (resigned 8 July 2025)³	7,875	-	6/12			4/4	4/4
Michael Walsh	15,750	-	12/12	6/6	10/10		4/4

Notes:

1 Did not receive a Board fee in compliance with Guidelines on Contracts, Remuneration and Other Conditions of Chief Executives and Senior Management of Commercial State Bodies.

2 Board fee waived on a discretionary basis.

3 Fee covers portion of year to end of appointment.

4 Expenses claimed directly by Board Member.

Board and Executive Team Gender

Board Gender

Executive Team Gender

Board Committees

During 2025, the Board was assisted in discharging its obligations through the delegation of certain roles and responsibilities to four Committees:

Audit and Risk Committee
Investment, Infrastructure and Sustainability Committee
Uisce Éireann Transformation Programme Committee (now Utility Transformation and Operations Performance Committee)
Remuneration Committee

The Committees assisted the Board by considering business, operational and financial issues. The specific functions delegated to each Committee are set out in their Terms of Reference which are reviewed and approved by the Board on an annual basis. Following each meeting, the Committees report to the Board on the matters within their remit. A detailed report from each Committee is available under the Board Committee Reports section.

Board effectiveness

In accordance with the three year timeframe specified in the Code of Practice, an external evaluation of the performance of the Board and its Committees was carried out in September 2025 by Board Excellence. The output of the evaluation was presented to the Board and discussed in detail at the December Board meeting. The evaluation was undertaken through completion of an online questionnaire, review of Board governance materials and meeting packs and observation of Board and Committee meetings. Confidential interviews were also conducted with the Board members and each of the Executive team. Overall, the evaluation considered the Uisce Éireann Board to be performing strongly and recommendations from the review will be implemented over the coming year.

Relations with shareholders

The Minister for Housing, Local Government and Heritage holds one ordinary share of €1.00 and the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation holds 99 ordinary shares of €1.00.

In accordance with the Code of Practice, the Minister for Housing, Local Government and Heritage issued a Shareholder Letter of Expectation to Uisce Éireann in April 2023. The letter provides guidance to the Board on the Government’s current objectives for Uisce Éireann as well as the governance arrangements in place with the expectation that it will be updated at least every two years. The Chairperson keeps the Minister advised of matters arising. An updated Shareholder Letter of Expectation is anticipated during 2026.

Disclosures required by the Code of Practice for the Governance of State Bodies

The Board is responsible for ensuring that Uisce Éireann has complied with the requirements of the Code of Practice. The following disclosures are required by the Code of Practice:

Analysis of employee benefits

Details of the number of employees whose total employee benefits (excluding employer pension costs) for the financial year for each band of €25,000 from €50,000 upwards are set out below.

	2025	2024
€50,000-€75,000	1,106	700
€75,001-€100,000	576	419
€100,001-€125,000	330	244
€125,001-€150,000	99	102
€150,001-€175,000	47	35
€175,001-€200,000	31	22
€200,001-€225,000	9	9
€225,001-€250,000	7	5
€250,001-€275,000	4	4

Note: All short-term employee benefits in relation to services rendered during the reporting period are included in the disclosure above. Refer to note 4 of the Financial Statements for further analysis of the various benefits included.

Significant recruitment continued in 2025 to transform Uisce Éireann in accordance with the Framework for the Future Delivery of Water Services in Ireland, which will deliver the transfer of Local Authority water services into Uisce Éireann.

The Uisce Éireann pay model which is market based and performance related, comprises two elements, namely base pay and a performance related award (disclosure above includes award paid in 2025). Performance is assessed against individual objectives and corporate objectives through a balanced scorecard process. Uisce Éireann made performance related payments to 3,239 employees in 2026 in respect of the 2025 performance year. These payments were approved by the Board of Uisce Éireann in January 2026. These payments, in aggregate, total €17,849,019. The average payment was €5,511. As a result of a government direction in 2011, the CEO does not have access to the payment of a performance related award, and therefore no such payments have been made to the CEO.

Consultancy costs

Consultancy costs include the directly incurred cost of external advice. They are defined as engagements to provide intellectual or knowledge-based services (e.g. expert analysis and advice) through delivering reports, studies, assessments, recommendations, proposals, etc. that contribute to decision or policymaking in a contracting authority for a limited time period to carry out a specific finite task. They exclude outsourced ‘business-as-usual’ functions.

	2025 €’000	2024 €’000
Legal advice	143	121
Financial advice	376	776
Regulatory financial advice	*333*	435
Financial services advice	23	277
Other financial advice	20	64

Human resources	710	487
Pension related advice	*446*	354
Other HR advice	*264*	133
Business improvement/ change	897	1,591
Business change programme advice	*320*	435
IT related projects advice	*122*	173
Supply chain/ procurement advice	*231*	308
Business strategy	63	209
Other improvement/ change advice	*161*	466
Engineering	491	97
Facilities	166	391
Other	34	89
Total	2,817	3,552
	2025	2024
Consultancy capitalised	123	163
Income statement	2,694	3,389
Total	2,817	3,552

2025 Consultancy spend represents 0.1% of total operational and capital spend.

Consultancy cost decreased from prior year:

Regulatory financial advice relates to Commission for Regulation of Utilities (CRU) requirements and interactions for Uisce Éireann Revenue Control Period 4.
Pension consultancy costs relate to advice received in respect of the Uisce Éireann (ex-Ervia) Superannuation and the Uisce Éireann Defined Benefit Superannuation Fund.
Business change programme advice relates to review of structure and reporting requirements of the Uisce Éireann Transformation Programme.
Supply chain relates to procurement and contracting advisory costs.
Business strategy relates to data strategy development and circular economy design.
Engineering costs relate to DBO Transformation Project (Ringsend) and National Waste Water Sludge Management Plan.
Facilities costs relate to property management advice received.

Legal costs and settlements

The table below provides a breakdown of amounts recognised as expenditure in the reporting period in relation to legal costs, settlements, conciliation, and arbitration proceedings. This does not include expenditure incurred in relation to general legal advice as this is included in consultancy costs above.

	2025 €’000	2024 €’000
Legal fees – legal proceedings	3,659	2,088
Conciliation / arbitration payments	379	322
Settlements	1,837	2,011
Total	5,875	4,421
No. of legal cases	54	41

Note: 2025 legal costs and settlements includes an amount of €163,096 in relation to a legal matter with University of Limerick €114,136 in relation to legal matters with EPA, and €64,913 in relation to legal matters with Inland Fisheries Ireland.

This disclosure note excludes any payments made by Uisce Éireann’s insurer directly.

The number of cases relate to legal cases initiated by Uisce Éireann itself or proceedings taken against it and excludes insurance claims/ proceedings and wayleave conciliations.

There were no legal costs incurred in 2025 in respect of employee departures.

Travel and subsistence expenditure

Travel and subsistence expenditure is categorised as follows:

	2025 €’000	2024 €’000
Domestic
- Board*	15	7
- Employees	6,955	4,919

International
- Board*	5	6
- Employees	105	88
Total	7,080	5,020

* Includes travel and subsistence of €2,959 claimed directly by Board members in 2025 (2024: €3,143). Travel and subsistence expenditure incurred by the executive Board member is deemed to be incurred in their capacity as an employee.

Hospitality

The income statement includes the following hospitality expenditure:

	2025 €’000	2024 €’000
Staff hospitality	159	194
Client hospitality	12	17
Total	171	211

Transparency

Uisce Éireann is an open organisation which strives to be accountable and transparent to the public. Uisce Éireann is committed to improving the understanding of how the organisation operates and our role in delivering important national infrastructure and services to support the social and economic development of Ireland.

Protected disclosures and raising concerns

The mechanism whereby Uisce Éireann’s employees, management and suppliers may raise concerns, or make disclosures in the public interest, in accordance with the Protected Disclosures Act 2014 (as amended), is outlined in the Protected Disclosures Policy. Further guidance for management and employees on raising concerns is outlined in the Code of Business Conduct, the Anti-Fraud Policy and the Anti-Bribery and Anti-Corruption Policy. Section 22 of the Protected Disclosures Act 2014 (as amended), requires Uisce Éireann to publish an Annual Report relating to protected disclosures made under the Act. In accordance with this requirement, a report under Section 22 relating to protected disclosures made to Uisce Éireann is published on its website.

Regulation of lobbying

Uisce Éireann is registered on the lobbying register maintained by the Standards in Public Office Commission. In accordance with the requirements of the Regulation of Lobbying Act 2015 the required returns have been made for the return periods in 2025.

Payment Practices

Uisce Éireann is committed to making every effort to paying suppliers on time. A policy is in place within the Company to govern payment practices. The table below outlines payment practices for 2025.

	Number	Value €m	Percentage (%) of total number of payments made
Total payments made	140,101	1,795	100%
Payments made within 30 days	137,955	1,781	98%
Payments made outside of 30 days	2,146	14	2%
Payments made in excess of 30 days that did not result in late payment interest and compensation costs	2,144	13	2%
Payments made in excess of 30 days that resulted in late payment interest and compensation costs	2	0.4	0%
		Value €
Amount of late payment interest paid		74,221
Amount of compensation costs paid		170

Human Rights (including Protection against Modern Slavery)

Uisce Éireann is committed to ensuring that fundamental and internationally recognised human rights are respected within our operations and value chain. The Human Rights Policy, which underscores the intention to conduct activities in a manner consistent with respecting these rights and avoiding any infringements upon them, was reviewed during 2025 and is available on the Uisce Éireann website. Further details can be found in the Sustainability section of the Operating Report.

Freedom of information

The Company is subject to the provisions of the Freedom of Information Act 2014 (‘FOI Act’). A Model Publication Scheme has been prepared and published in accordance with the requirements of Section 8 of the FOI Act. The scheme is accessible through the Company’s website www.water.ie.

Under the scheme, the Company publishes as much information as possible in an open and accessible manner on a routine basis outside FOI, having regard to the principles of openness, transparency and accountability.

Official Languages Act

In accordance with Section 4B (a) of the Official Languages Act 2003 as amended by the Official Languages (Amendment) Act 2021 (the “Official Languages Act”) senior management has appointed the Chief Legal Officer to oversee compliance and report to the CEO as appropriate. In accordance with Section 4B (b) of the Official Languages Act, a report of activities relating to compliance with the Official Languages Act was submitted to senior management. In summary and in accordance with Section 4B (b) of the Official Languages Act, the report referred to the implementation of the obligations, duties and progress towards full compliance with relevant legislation.

Gender balance, diversity, equity and inclusion

An overview of the Company’s commitment to the promotion of gender balance, diversity, equity and inclusion throughout 2025 is outlined within the Sustainability Report section.

Conclusion

Principal activities and Company overview

The principal activities and an overview of the Company are provided on pages 08 to 15 of this report.

Results for the year

The results for the year are outlined in the Financial Review section. The policy direction from the shareholder is that Uisce Éireann should not pay a dividend, rather any surplus generated from its operations should be reinvested in water infrastructure.

Business review and future developments

Commentaries on performance in the year ended 31 December 2025, including information on future developments are contained in the Operating Review.

Accounting records

The Directors believe that they have complied with the requirements of sections 281 to 285 of the Companies Act 2014 with regard to the keeping of adequate accounting records by employing accounting personnel with appropriate expertise and by providing adequate resources to the financial function. The accounting records of the Company are maintained at Colvill House, 24/26 Talbot Street, Dublin 1.

Annual General Meeting (AGM)

Uisce Éireann holds an AGM each year, no later than 15 months after the last AGM. The 2025 AGM was held on 30 September 2025. The Chairman gave an overview of the year and invited representatives of the Ministerial stockholders to make comments. The external auditor also attends the AGM.

Political donations

There were no political donations made during the financial year by the Company (2024: Nil).

Principal risks and uncertainties

The regulated and operational complexity of our business exposes the Company to a number of risks. Understanding the risks and potential opportunities will enable the Company to make informed decisions and ultimately create value for our stakeholders. An outline of the principal risks faced by the Company is discussed in the Risk Management section. Refer to note 22 for full analysis of the Company’s financial risk management objectives, policies and exposures.

Research and development

In 2025, Uisce Éireann’s 8-step innovation process was developed to advance the delivery of innovation initiatives that support strategic objectives. Collaborative innovation initiatives were delivered with funding sourced internally and externally. Internal funding included existing capital and operational budgets as well as continued utilisation of the Water Services Innovation Fund. External funding included national government and international (EU & UK) funding sources for partnership projects.

Within the Net Zero Innovation Portfolio, a process emissions monitoring approach incorporating best practice from across Europe and the UK was developed and will be trialled at Ringsend WWTP. This represents a critical step towards accurate measurement and reduction strategies aligned with Uisce Éireann’s Sustainability Framework and shows tangible progress in the emissions reduction journey. In addition to Net Zero progress, plans were developed plans for piloting Advanced Thermal Conversion technologies that reinforce circular economy principles and exploratory work on quaternary treatment of wastewater has identified synergies with hydrogen production. As next steps on this, a strategic collaboration is underway with ESB to develop wastewater reuse as an enabler to low-carbon energy solutions. This project, called HyWater, utilised funding from the Water Services Innovation Fund.

Key performance indicators

The Directors monitor performance using a suite of key performance indicators. These are considered in detail within Key Performance Indicators and Sustainability Report sections of this report.

Directors and Secretary and their Interests

The Directors and Secretary had no beneficial interests in the Company at any time during the financial year or at 31 December 2025.

Directors disclose any interest and recuse themselves from Board discussions and decisions where they are conflicted or have a direct or indirect interest as required by the Code of Practice. In accordance with Section 1.4 of the Business and Financial Reporting Requirements annexed to the Code of Practice, the remuneration of the CEO for the period is outlined in note 3 of the financial statements.

Companies Act 2014

Uisce Éireann is exempt from the obligation to use the words ‘Designated Activity Company’ describing the company type in its name pursuant to section 151 of the Companies Act 2014.

Statement on relevant audit information

In accordance with Section 330 of the Companies Act 2014, the Directors confirm that, in so far as the they are aware, there is no relevant audit information of which the Company’s statutory auditors are unaware, and the Directors have taken all the steps that they ought to have taken as Directors in order to make themselves aware of any relevant audit information and to establish that the Company’s statutory auditors are aware of that information.

Going concern

The Directors have a reasonable expectation that the Company will continue to meet its liabilities as and when they fall due and continue in operational existence for the foreseeable future. The Company’s forecasts and projections show that Uisce Éireann is expected to meet its liabilities as and when they fall due through a combination of State funding and tariffs charged by Uisce Éireann. Accordingly, the Directors continue to adopt the going concern basis in preparing the Company’s financial statements.

Refer to note 1 of the Financial Statements for the Company’s detailed going concern disclosure.

Subsequent events

There are no significant events affecting the Company which have taken place since the end of the financial year, other than as described in note 26 of the financial statements.

Independent auditor

The commencement of the Water Services (Amendment) Act 2022 introduced revised accountability and auditing arrangements for Uisce Éireann. Since 1 January 2023, Uisce Éireann has been subject to a dual audit by both the Comptroller and Auditor General (C&AG) and its commercial statutory auditor under the Companies Act 2014.

In accordance with Section 17C (4) of the Water Services Act 2013 (as amended), fees payable to Deloitte Ireland LLP to audit the financial statements of Uisce Éireann for the year 2025 are subject to approval of the Minister for Housing, Local Government and Heritage with the consent of the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation.

Following completion of a competitive tender process in 2024 and consultation with the Minister, Deloitte Ireland LLP were appointed as commercial statutory auditor to Uisce Éireann, for the years 2024, 2025 and 2026. Further to consultation with the Minister Uisce Éireann has exercised an option to extend the appointment for the years 2027 and 2028.

In accordance with Section 17B(5) of the Water Services Act 2013 (as amended), fees payable to the C&AG to audit the financial statements of Uisce Éireann for the year 2025 are subject to the approval of the Minister for Housing, Local Government and Heritage with the consent of the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation.

For and on behalf of the Board of Uisce Éireann:

Jerry Grant

Chairperson

Cathy Mannion

Board Member

Date of Approval
28 April 2026