The authorised capital of the company amounts to EUR 50 million (2024/2025 EUR 50 million) and consists of 2.5 million shares with a nominal value of EUR 20 each, with 783,725 ordinary shares being issued. The value of the paid and called-up capital amounts equate to EUR 15,674,500 (EUR 15,674,500 at the end of 2024/2025).

The share premium concerns the income from the issuing of shares in so far as this exceeds the nominal value of the shares (above par income).

Other legal reserves consist of a legal reserve for participating interests and the legal reserve for development costs.

The legal reserve for participating interests relates to companies that are valued in accordance with the equity method. The reserve concerns the difference between the participating interests’ retained profit and direct changes in equity, as determined on the basis of the parent company’s accounting policies, and the share thereof that the parent company may distribute. As to the latter share, this takes into account any profits that may not be distributable by participating interests that are Dutch limited companies based on the distribution tests to be performed by the management of those companies.

The legal reserve for development costs relates to the formed reserve of the not yet written off part of the capitalised development costs.

The legal reserve is determined on an individual basis.

Exchange gains and losses arising from the translation of foreign operations from functional to reporting currency are recorded in this reserve. On disposal of foreign operations, the relevant cumulative amount of currency exchange differences recognised in equity is recognised in the profit and loss account as part of the result on disposal.

The General Meeting will be asked to approve the following appropriation of the 2025/2026 result after taxation: an amount of EUR 2.521 thousand to be added to the other reserves. This proposal is recorded in the balance sheet under the current liabilities.

This relates to the company's share in the results of its associates. Of the total result of EUR 9.702 thousand (2024/2025: EUR 13.181 thousand) recognised in respect of group companies, an amount of EUR 353 thousand (2024/2025: EUR 756 thousand) is attributable to minority interests.

The other after-tax result concerns the regular costs for conducting holding activities. Costs encompass personnel costs, other corporate costs, including legal costs, depreciation, impairment, and interest assets/liabilities.

In the normal course of business, the company uses financial instruments that expose the company to market, currency, interest rate, credit and liquidity risks. To manage these risks, the company has developed a policy, including the establishment of a system of credit limits and procedures to reduce the risks of unpredictable adverse developments in financial markets and thus the financial performance of the company.

The company incurs credit risk on loans and receivables recorded under financial fixed assets, other receivables and cash.

The company monitors its liquidity position through successive liquidity budgets. The management will ensure that sufficient liquidity is available to meet the obligations.

The company incurs interest risk on interest-bearing assets and liabilities. Both of these receivables and payables have agreed on variable interest rate agreements, which means that the company is exposed to risk regarding future cash flows. In order to limit the interest risk on the credit facility, an interest rate cap has been agreed as a mitigating measure.

The company has liabilities under operating leases, rental agremeents and IT service contracts for an amount of EUR 1.4 million. Of this amount, EUR 0.9 million has a term of less than 1 year. The remaining amount concerns an obligation for less than five years. An amount of EUR 0.3 million has been recognised in the profit and loss account for rent and lease in the financial year 2025/2026.

Investment commitments related to the implementation of an ERP system amounting to EUR 1.0 million. This amount has a term of less than 1 year.

Together with its subsidiaries within the Netherlands, excluding D.S.S. Opslag B.V., the company forms a tax entity for corporate income tax purposes and value-added tax. The standard conditions stipulate that each of the companies is liable for the tax payable by all companies belonging to the tax entity. The fiscal entity does not differ from the fiscal entity in the consolidated financial statement.

A statement of the remuneration of the management has been omitted, pursuant to the provisions of Section 383 paragraph 1 of Book 2 of the Netherlands Civil Code, final sentence. The remuneration of Supervisory Board members amounts to EUR 125 thousand (2024/2025: EUR 119 thousand).

Joure, 2 November 2026

The Executive Board:
H.E. Huistra (CEO), Managing Director
H. Verveld (CCO)
M.L. Booijink (CFO)

The Supervisory Board:
C.J. Biemond, Chair
J.P. Bienfait
I. Frolova
M. Hommes-Gesink
J. Thijssen