Russia takes control of ROCKWOOL's four factories in the country

Group 1 - A Russian presidential decree has resulted in external management taking control of ROCKWOOL's four factories in Russia, leading to the company losing control over its assets in the country [1] - ROCKWOOL plans to vigorously defend its legal rights under the Bilateral Investment Treaty between Russia and Denmark, but is not optimistic about reversing the forced external administration decision [2] - The loss of control over the four factories will lead to their de-consolidation, with a total equity write-down of 469 million EUR as of December 31, 2025, and the Russian business reported revenue and EBIT of 261 million EUR and 78 million EUR respectively for the full year 2025 [3]