Core Viewpoint - ROCKWOOL has lost control over its four factories in Russia due to a presidential decree, resulting in external management taking over the Russian subsidiary [1][2]. Group 1: Legal and Regulatory Response - The company plans to vigorously defend its legal rights under the Bilateral Investment Treaty between Russia and Denmark, although it remains pessimistic about reversing the forced external administration decision [2]. - ROCKWOOL will seek guidance and support from the Danish government and EU authorities regarding the situation [2]. Group 2: Financial Impact - As a result of losing control over the factories, ROCKWOOL will de-consolidate the four legal entities, leading to a write-down of the net value (equity) of the businesses [3]. - The total equity of the Russian business was reported at 469 million EUR as of December 31, 2025, with full-year 2025 revenue and EBIT of 261 million EUR and 78 million EUR, respectively [3].