COMPANY ANNOUNCEMENT No. 229/2025 Tvis, 6 August 2025 TCM Group A/S to acquire remaining 55% of shares in Celebert ApS TCM Group A/S has today entered into an agreement to acquire the remaining 55% of the shares in Celebert ApS, following the decision of the majority shareholder to exercise its put option. The exercise of the put option was expected and in line with our communication in the Annual report for 2024. The transaction is subject to usual regulatory approvals including an approval from the compet ...

Group 1 - BofA Securities Europe SA has reduced its holding in TCM Group A/S from 10.278% to 0.196% in share capital and voting rights as of April 23, 2025 [1] - The direct or indirect control of shares/voting rights by BofA Securities Europe SA corresponds to 1,080,571 shares in TCM Group A/S [1] - The breakdown of the holdings shows a decrease in shares attached to shares from 0.844% to 0.195% and through financial instruments from 9.434% to 0.001% [1] Group 2 - TCM Group is the third largest manufacturer of kitchens and furniture for bathrooms and storage in Scandinavia [2] - The company operates under a multi-brand strategy, with the main brand being Svane Køkkenet, alongside Tvis Køkken, Nettoline, and AUBO [2] - TCM Group products are designed and produced in Denmark and are sold through approximately 220 dealers across Denmark and Scandinavia [2]