Balance sheet as of 30 June 2026

2.1 Balance sheet as of 30 June 2026

Assets

after appropriation of result
(in EUR x 1.000)	Notes	30-Jun-26	30-Jun-25

FIXED ASSETS

Financial fixed assets
Shares of Royal HZPC Group B.V. on behalf of certificate holders	1	P.M.	P.M.
TOTAL FIXED ASSETS		P.M.	P.M.

CURRENT ASSETS

Receivables
Dividend to be received from Royal HZPC Group B.V.	2	0	7.261
Current account Royal HZPC Group B.V.	3	318	318
		318	7.579


Banks	4	0	0

TOTAL CURRENT ASSETS		318	7.579

TOTAL ASSETS		318	7.579

HZPC Association does not have the economic ownership of the shares it manages, so the shares are not recognized as an asset in the balance sheet of the HZPC Association. The HZPC Association also has no obligations towards its certificate holders for the issued certificates, other than distributing to the certificate holders the benefits associated with the shares that become available, such as received dividends. Therefore, the HZPC Association does not include the managed shares and the issued certificates in the balance sheet. For that reason, the shares and certificates are accounted for as memorandum items (PM) in the balance sheet.

Liabilities

after result appropriation
(in EUR x 1.000)	Notes	30-Jun-26	30-Jun-25

Equity	5	318	318

Long-term liabilities
Share certificates issued		P.M.	P.M.
		P.M.	P.M.

Current liabilities
Dividend to be paid to certificate holders		0	7.261
		0	7.261

TOTAL EQUITY AND LIABILITIES		318	7.579