To Nasdaq OMX Copenhagen A/S Public announcement no. 579 October 23rd, 2025 CHANGE IN OUTLOOK (GUIDANCE) FOR 2025 The Board of Directors in Glunz & Jensen Holding A/S have reviewed and approved a change in the outlook (guidance) for 2025. Highlights The revenue for 2025 is expected at approximately DKK 140 million (previous outlook approximately DKK 132 million) EBITDA for 2025 is expected at approximately DKK 17 million (previous outlook approximately DKK 15 million) Profit before tax for 2025 is expecte ...

Core Viewpoint - The interim report for Q3 2025 indicates improved financial performance for Glunz & Jensen, attributed to the successful implementation of Plan 2026, which focuses on operational consolidation and new market strategies [3][8]. Financial Performance - Revenue for YTD Q3 2025 reached DKK 108.7 million, an increase from DKK 95.1 million in YTD Q3 2024 [8]. - EBITDA for YTD Q3 2025 was DKK 14.2 million, up from DKK 8.1 million in the same period last year [8]. - Profit before tax for YTD Q3 2025 stood at DKK 9.6 million, compared to DKK 3.4 million in YTD Q3 2024 [8]. Strategic Initiatives - Plan 2026 includes operational consolidation, a focus on purchasing parts and materials, an updated go-to-market approach, new product launches, and organizational adjustments [3]. - The company is undergoing a formal review process for the potential sale of Selandia Park A/S, including market assessments and identifying potential buyers [5][6]. Market Outlook - Glunz & Jensen will provide an updated 2025 outlook if there are material deviations from the previously communicated guidance [4]. - The company is uncertain about the impact of trade tariffs on demand for its equipment and services [4]. Asset Management - A professional broker has been contracted to facilitate the sale of Selandia Park A/S, with expectations of a selling price exceeding the current fair value of DKK 147.2 million [6]. - The Board of Directors reserves the right to wait for the optimal buyer and sales agreement, which may take 12-18 months to finalize [7].